Shakthi Power is one of the leading group captive power suppliers in Tamil Nadu, We supplying power from Wind, Solar, and Thermal Power through Group Captive mode. We can able to supply group captive power to any HT consumer (High Tension) using HT connection across Tamilnadu.
What is a Group Captive Power Scheme?
Group Captive Power Scheme in India was introduced in 2005. A group captive scheme is where someone develops a power plant for collective usage of many commercial consumers. The developer should have at least 26% of the equity and has to consume at least 51% of the power produced. The term “captive power scheme” was introduced in the Electricity Rule, 1995.
Advantages of Group Captive Scheme
Cheaper Price: Industrial tariffs tend to be higher and it effects the profit maximization. This way, industries will get cheaper rate.
Cross Subsidy: By section 42 of The Electricity Act, 2003 the consumers of captive power scheme are exempt from paying cross subsidy charges.
Power Cuts: In case of a power cut, industrial consumers face heavy productivity losses leading to financial losses. Group captive scheme, circumvents this frustrating problem entirely.
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