Would you clear the group captive test?
The 26% equity and 51% consumption thresholds, applied to your own consumption and plant size — in your browser, sending nothing anywhere.
Would you actually clear the group captive test?
Equity: at least 26%
Captive users must together hold not less than 26% of the ownership of the generating company.
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Consumption: at least 51%
Captive users must consume not less than 51% of the electricity generated, determined on an annual basis.
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A plant sized to your consumption today fails the moment a line shuts, a shift pattern changes, or the group restructures. The test does not care why.
Cross-subsidy surcharge and additional surcharge come back — and in some states retrospectively, which can claw back the saving that justified the project.
Against your real consumption profile with headroom, not against your roof or the capacity somebody wants to sell you.
Thresholds are set by the Electricity Act 2003 and the Electricity Rules 2005; state commissions apply them through their own open access regulations, and the detail of how generation and consumption are measured varies. Generation is estimated here at 1,350 kWh per kWp per year on a P90 basis. This is a directional check, not an eligibility opinion — we confirm the position against the applicable SERC order before quoting. These figures are illustrative. Actual sizing, savings and payback depend on a detailed site and tariff analysis by Vibgyor’s engineering and commercial teams.
The test is annual, for the life of the contract.
Clearing today is necessary, not sufficient — the shareholding and consumption tests are applied every year, and a structure that fails in year twelve unwinds the surcharge exemption it was built for. We structure the SPV, the shareholding and the consumption profile so the test keeps holding.
Group captive and open access are layers, not alternatives — one is how the power reaches you, the other decides which charges apply. Group captive vs open access
How the 26%/51% design works inside a real development — land, connectivity and SPV together. Project development
What the structure is worth at your consumption, against CAPEX and OPEX on-site. The savings calculator
Send us twelve months of bills.
We size every proposal from your actual consumption — not a rule of thumb. The analysis, site survey and techno-commercial proposal come back free, with no commitment.