Cut your factory’s power bill for the next 25 years — with solar the policy actively rewards.
Captive and open-access solar with waived banking charges and no capacity cap.
Gujarat’s Solar Power Policy 2021 and the Renewable Energy Policy 2023 form the backbone for captive, open-access and third-party solar in the state. Capacity restrictions on captive projects were removed, banking charges and cross-subsidy surcharges were waived/reduced for captive use, and the developer security deposit was cut to ₹5 lakh/MW. For industries, this means lower power bills; for investors, it enables open-access and group-captive revenue models alongside DREBP.
Why this matters now
Banking charges, cross-subsidy and the open-access framework are revised by GERC periodically. The captive economics are strong today — locking in a project under the current terms protects 25 years of savings.
The scheme at a glance
The terms and numbers that matter, sourced.
Industries wanting to cut electricity costs through captive solar, and investors building open-access/group-captive plants for C&I offtakers.
- Industrial, commercial and institutional consumers wanting to cut power costs via captive/open-access solar.
- Investors building open-access or group-captive plants to sell power to such consumers.
- MSMEs eligible to sell surplus to discoms on residential-like terms for the first 5 years.
How it works
From land to 25 years of income — we handle every step.
Define the model
Choose captive, group-captive, open-access or third-party sale based on your offtake and goals.
Consumer/offtaker tie-up
For open access/group captive, line up the industrial offtaker(s) and equity structure.
GERC / discom approvals
Open-access registration, wheeling and banking arrangements with the discom.
Build & connect
EPC, evacuation and metering as per GERC open-access regulations.
Wheel power & save/earn
Wheel solar power to the offtaker, cutting their bill and generating your return.
Why it’s worth it
- No capacity cap on captive projects — size the plant to your demand.
- Waived banking and cross-subsidy charges sharply improve captive economics.
- Open-access and group-captive models give investors higher realisations than fixed PPAs.
- Lower ₹5 lakh/MW security deposit reduces upfront friction.
Honestly, watch out for
- Open-access charges (wheeling, banking) and regulations evolve — model current GERC orders.
- Group-captive requires careful 26% equity / 51% consumption compliance.
- Best suited where a creditworthy industrial offtaker exists.
Every one of these is a reason to have someone independent on your side.
What do the returns look like under Gujarat Solar Policy?
Pick your capacity and get an indicative cost, revenue and payback in seconds.
Frequently Asked Questions
Compare with other schemes
Ready to move on Gujarat Solar Policy before the capacity fills?
Book a free consultation — we’ll check your eligibility and model the returns.