Group Captive Projects In India- An Ultimate Project to Meet Your Electricity Needs

1. Group Captive Projects in India- An Ultimate Project To Meet Your Electricity Needs Group captive projects in India are gaining popularity and help you meet your energy needs. Group captive projects in India not only helping the developers but also the electricity suppliers when there's a shortage in the power supply. Before moving further, let’s discuss what a group captive scheme is, In a group captive scheme developer setups the solar power project that is collectively used by numerous industries, commercial consumers, individuals, etc. Let us take an example for better understanding Suppose organization D, E, and F wants to cut down their electricity cost. So to cut down their electricity cost, they moved to the

2. Group captive Scheme. They together make a power plant and use 51 percent of its power consumption and they can sell remaining power easily to other organizations who want to bring down their cost. We all know regular power cuts increase the frustration level of the Industrial consumers as they are having financial losses due to a less or interrupted power supply. A group captive project in India is an ideal choice that helps in providing efficient power supply to the industrial consumers at a competitive price. Moreover, it prevents industries from having a huge financial loss. Group captive projects in India offer flexibility by reducing the charges imposed on them. Any organization can take an initiative and can set up solar captive projects in order to fulfill the needs of corporates. Below given are some of the benefits of group captive solar projects. So let’s have a look and check out how they are fulfilling your needs Save Money: Numerous organizations are there in which power acts as a major input. So don't you think it's too interesting if you will get the input at less cost? Group captive projects in India helps organizations to save a huge amount of money by providing electricity at affordable prices. No Cross-Subsidy and Additional Surcharges: This is the most important factor that is driving the attention of modern industrialists as well. Consumers do not have to pay cross-subsidy and additional

3. surcharges. Moreover, group captive projects in India also help reduce the power shortages in the country. Profitability: We all know that electricity is the major requirement for any industry and it is very costly also. But don't worry Group captive projects in India set up a group captive solar scheme which helps reduce electricity cost. Thus, it increases business profitability.