Daily News Wrap-Up: Ministry Allows Multiple Users Under Group Captive Model

Cabinet approves ₹37.6 billion Viability Gap Funding for BESS projects

September 7, 2023

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The Ministry of Power, in recent amendments to the Electricity Rules, 2005, has reverted to the previous regulation, allowing collective captive users to hold the minimum ownership of 26% in a group captive open access project. According to the notification, the words captive user in the sub-rule (1), clause (a), and sub-clause (i) of the rules will be replaced with captive users. In July, the Ministry issued an amendment changing it to a captive user, mandating every captive power user, even in a group captive structure of open access, to hold a minimum ownership of 26%.

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