In Self Captive, the consumer (or investor-consumer) makes a CAPEX investment (minimum 26% equity) in the solar plant and consumes power directly. The plant can be owned on-site or off-site. A PPA may exist for accounting purposes, but the consumer is effectively generating and consuming their own power.
In Group Captive, multiple consumers jointly invest (minimum 26% equity collectively) in a solar project and consume the generated power proportionally. This is a shared CAPEX model, and while a PPA may define terms of power allocation, the participants are co-owners of the asset.
In a Third-Party PPA (Power Purchase Agreement), the developer invests in and owns the solar plant. The consumer signs a long-term PPA and purchases electricity at an agreed tariff, with no upfront capital investment.
Plant Owned by Single
Consumer 26%
Shared Ownership by
Group of Consumers 26%
only PPA Agreement
Self Captive 26 Equity
Group Captive 26 % Equity
0% Ownership
(Developer)
Moderate
Reduced Surcharges
Zero Investment
Fixed Tariff
Own Generation
License
Shareholding Agreement
Power Purchase
Agreement
Large Single Site,
ESG Focus
Multi-Site, CSS
Avoidance
Cost Savings,
No Hassle