Group Captive Solar Power Scheme in Chennai

Reduce industrial electricity costs by 30-40% through shared solar power solutions

Group Captive Solar Power Scheme in Chennai

A collaborative solar power investment model for businesses in Tamil Nadu to reduce electricity costs and carbon footprint

Group Captive Solar Power Plant in Tamil Nadu

What is a Group Captive Solar Scheme?

The Group Captive model is an innovative solar investment approach where multiple businesses collectively own a solar power plant. This enables access to clean, renewable energy without the need for large upfront capital investment or land requirements.

Key features of our Group Captive Scheme in Chennai:

  • • Participants own at least 26% equity in the solar plant
  • • Must consume minimum 51% of the generated power
  • • Significant reduction in electricity costs (30-40% savings)
  • • Long-term price stability against rising grid tariffs
  • • No operational or maintenance responsibilities

This model is particularly beneficial for SMEs and industries in Tamil Nadu looking to reduce operational costs while meeting sustainability goals.

Check Your Eligibility

Benefits of Group Captive Solar Power

Discover why businesses across Chennai and Tamil Nadu are choosing our Group Captive Scheme

Cost Savings

Enjoy solar power at rates 30-40% lower than current grid tariffs with long-term price stability for 15-25 years.

Reduced Investment

Shared ownership means lower capital expenditure compared to setting up your own solar plant.

Hassle-free Operation

We handle all plant operations, maintenance and compliance while you focus on your business.

REC Benefits

Earn Renewable Energy Certificates that can be traded or used for meeting RPO obligations.

Sustainability

Reduce your carbon footprint and enhance your brand's environmental credentials.

Risk Mitigation

Protect against future electricity price hikes and regulatory changes in Tamil Nadu.

Group Captive Scheme Eligibility

Requirements for businesses to participate in our Chennai solar power scheme

1

Minimum Consumption

Your business must have a minimum sanctioned load of 100 kW or monthly consumption of 50,000 units from TANGEDCO.

2

Equity Participation

Willingness to invest in at least 26% equity share of the solar power plant capacity allocated to your business.

3

Power Consumption

Commitment to consume minimum 51% of the power generated from your share of the solar plant capacity.

4

Contract Duration

Agreement to a long-term Power Purchase Agreement (PPA) typically for 15-25 years duration.

Group Captive Scheme FAQs

Common questions about our Chennai solar power scheme

How much can I save with Group Captive?

Businesses typically save 30-40% on their electricity bills compared to TANGEDCO grid tariffs, with savings increasing as grid tariffs rise over time.

What is the investment required?

Investment varies based on your power consumption, but typically ranges ₹30-50 lakhs per MW share, significantly lower than setting up your own plant.

How long is the contract period?

The standard Power Purchase Agreement (PPA) is for 25 years, with options to renew or exit under certain conditions.

Who maintains the solar plant?

Vijayi Energy handles all operations, maintenance, and compliance aspects - you simply receive the power at your facility.

What happens during non-sunny hours?

You'll automatically draw power from the grid when solar generation is low, with no interruption to your operations.

Are there government approvals needed?

We handle all necessary approvals from TNERC, TANGEDCO and other regulatory bodies for seamless implementation.

Ready to Reduce Your Power Costs?

Join leading businesses in Chennai and Tamil Nadu who are already benefiting from our Group Captive Solar Scheme. Our experts will guide you through the entire process from feasibility to commissioning.

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