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Steel

steel
Steel
Steel Industies can save millions by going solar
Currently, the Steel industry in India relies heavily on fossil fuels, which account for 85% of its energy consumption. This reliance contributes significantly to carbon emissions in the country. Thus, it is crucial for the industry to swiftly adopt cleaner energy sources. The Steel industry requires Round-the-clock operations for induction, furnaces, and heavy machinery. Among the available options, investing in open access solar power offers numerous advantages. Solar energy has the potential to meet a significant portion of the industry's electricity needs while reducing carbon emissions. Furthermore, it can result in cost savings of up to 50% compared to grid-supplied electricity.

2

India is world’s second
largest producer of steel

7%

Contribution to
Global GHG Emissions

80%

Energy consumption
from fossil fuels

Why SunSource Energy?

Client Success

SunSource Energy is helping some of the world’s leading organizations with their energy transition.

coke FMCG

Off-Site Solar

Coca-Cola

Supporting net-zero ambitions of Coca-Cola with our On-Site Project

RSPL Group FMCG

Off-Site Solar

RSPL Group

India’s leading conglomerate’s clean energy transition with SunSource Energy

Reducing Energy cost and simplifying the energy transition for one if India’s leading Steel processing companies. Manufacturing and Industrial

Off-Site Solar

Goodluck Industries

Reducing Energy cost and simplifying the energy transition for one if India’s leading Steel processing companies.

Our Solutions

Off-Site Solar
Reduce your energy bills and support your net-zero targets, with energy from one of our large ground-mount off-site solar plants
Round-The-Clock Power
Offset your diesel-based energy consumption with reliable hybrid solar system
On-Site Solar
Cut down your energy bills by converting your rooftop, parking lot or surplus land into a source of clean energy

Find out how much you can save with Solar?

Contact us to get free quote

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Frequently Asked Questions

What are the various Open Access charges?

Each state has different regulations for Open access projects. Hence, charges for such projects vary with its location and procurement model. However, most states do have favourable policies for open access and have generally exempted Open Access projects from many of these charges.

Various charges under the Open Access mechanism include:

Transmission charges - Charges are payable to the transmission company for using the transmission infrastructure.

Wheeling charges - Charges are payable to the distribution company for using the infrastructure.

Transmission losses and Wheeling losses- These are the electricity losses incurred during the transmission and distribution of power.

Cross-subsidy surcharge (CSS) - These are payable by commercial and industrial buyers to fund the tariff subsidy for agricultural and residential buyers.

Additional surcharge (AS)

Banking charges

Which power procurement models can be used in Open Access?

The important models are:

  • Captive
  • Group Captive
  • Third Party PPA:
What do you mean by Open Access Power?

Open access power is a regulatory mechanism that allows a grid-connected bulk consumer with a connected load of 1MW or above to meet a part of or their entire electricity requirements via alternate energy sources.