India's Captive Solar Power Expansion

planned

Captive solar power projects in India are increasingly being adopted by commercial and industrial consumers as a strategic business decision to hedge against energy cost volatility and ensure sustainability. These projects offer cost stability with levelised costs ranging from ₹3.5 to ₹4.5 per unit over 20-25 years, significantly lower than grid electricity tariffs. The policy environment is becoming more predictable, supporting decentralised generation to ease grid congestion. The adoption is driven by manufacturing expansion, sustainability requirements, and improved execution confidence.