Captive Power Projects: The Key To A Greener, More Sustainable Business

As climate change intensifies alongside the meteoric rise of India's industrial landscape, the need for reliable, cost-effective power that also supports environmental sustainability goals has assumed more importance than ever. Captive power projects offer a solution to this need by empowering businesses with cost-effective energy independence, whilst advancing the transition from fossil fuels to green power.

A. What are Captive Projects?

The Electricity Act, 2003 defines a Captive Generating Plant ("CGP") as follows:

"Captive generating plant means a power plant set up by any person to generate electricity primarily for his own use and includes a power plant set up by any co-operative society or association of persons for generating electricity primarily for use of members of such co-operative society or association."