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Green energy push: India's companies charge up on power policy shift

Rush to tie up green energy through open access in C&I segment after two key policy amendments last year

New electricity tariff rules
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Photo: Reuters

Shreya JaiAmritha Pillay New Delhi/Mumbai

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For India’s power producers, a mix of policy amendments and a stronger corporate interest in greening industrial operations is making the commercial and industrial (C&I) segment more lucrative than ever.

In the C&I segment, there is a rush to tie up green energy through open access and/or group captive power plants. Most big conglomerate in India has adopted its own strategies to source green power outside the grid. It helps that the new rules of the Centre have now eased the process of doing so.

Two key policy amendments in 2023 have led to a spurt in investment in setting up