Group Captive Solar
26% equity, unlimited savings — the lowest-cost legal route to industrial solar power.
Equity
26% in the SPV
Consumption rule
≥ 51% of generation
Effective tariff
₹3.20 – ₹4.20 / kWh
Savings
40 – 55% vs industrial tariff
Group Captive is a special-purpose structure where the consumer takes 26% equity in the generating SPV and consumes 51%+ of the electricity generated. The result: exemption from cross-subsidy surcharge (CSS) and additional surcharge, unlocking the deepest tariff cuts available under Indian regulation.
How the structure works
Saksham incorporates the SPV, builds the plant, and issues the consumer 26% equity at par against a matching consumption commitment.
- SPV incorporation, share subscription and shareholder agreement drafted end-to-end
- Consumer contributes 26% equity — typically ₹0.7–1.2 Cr per MW
- Long-term Power Consumption Agreement locks the tariff
- Compliance filings with DISCOM and CEA managed by Saksham
Best fit
Group Captive is ideal for consumers that can commit to a stable, high-utilisation load.
- 5 MW+ industrial load with 3-shift operations
- Multi-unit corporate groups (aggregating across gencos allowed)
- Buyers seeking the lowest possible landed cost of solar