The Union Government recently notified the modalities of research and development scheme for development of Green hydrogen energy in India along with the first call for proposals from research institutions and...

International ESG Day 2023: While certain concerns, like increased compliance costs and limited investment ecacy, have been raised regarding ESG, the importance of sustainable investing only increases by the day The...

The global energy landscape is undergoing a transformative shift towards sustainable and economically viable alternatives, with green hydrogen (GH) emerging as a cornerstone. This versatile energy carrier, produced...

The global energy landscape is undergoing a transformative shift towards sustainable and economically viable alternatives, with green hydrogen (GH) emerging as a cornerstone. This versatile energy carrier, produced...

Sir Richard Branson, Founder of Virgin Group once said that “Climate change is a huge challenge, but it can be brought in line if Governments, businesses and individuals work together.” This appears to be a perfect...

In the modern post Keynesian economic age, infrastructure is considered a crucial fulcrum for the growth of an economy. The Government of India, realising this important facet has, in its various five-year plans tried...

Globally, environmental, social and governance (ESG) concerns have grown signicantly in corporate boardrooms. These concerns have also permeated into deal-making owing to the fact that the risks, ramications and results...

World Environment Day 2023: With the introduction of environmentally friendly alternatives, we must lay the foundation for a sustainable future.

The 2023 G20 Summit in New Delhi marked a signicant milestone in the global commitment to Environmental, Social, and Governance (ESG) goals. The New Delhi Declaration, emanating from the summit, encapsulates a unied The...

While green taxes can be an eective tool for promoting environmentally friendly practices and reducing the negative impact of economic activities on the environment, there are several challenges associated with...

The Ministry of Power, Government of India, notified the green hydrogen and green ammonia policy through notification No. 23/02/2022-R&R dated February 17, 2022. The Policy aims at boosting the domestic production of...

The Hon’ble Supreme Court of India (“Supreme Court”), on March 8, 2021, in the matter of Gujarat Urja Vikas Nigam Limited Vs. Mr. Amit Gupta & Ors (“GUVNL Case”), stayed termination of a Power Purchase...

The Central Government in the exercise of its powers conferred under Section 176 of the Electricity Act, 2003 has issued the Electricity (Rights of Consumers) Rules, 2020 (“Rights of Consumers Rules”) through a...

The Ministry of Road Transport & Highways, through a letter dated 2 November 2020, has introduced changes to eligibility criteria for bidders in relation to road projects undertaken on Engineering, Procurement and...

The Central Electricity Regulatory Commission (“CERC”) in the exercise of its powers conferred under Section 66 read with Section 178 of the Electricity Act, 2003 ("Electricity Act") and under the National...

In a bid to stimulate and strengthen the Indian economy amidst the nationwide lockdown to contain the coronavirus (COVID - 19) pandemic, the Government of India ('Central Government') rolled out an economic package...

The ongoing nation-wide lockdown due to COVID - 19 has led to approximately 25% decline in power demand due to very low power offtake from commercial and industrial consumers this has, in turn, led to financial stress...

The Electricity Act, 2003 (the "Electricity Act") was enacted to consolidate the electricity laws in India. While the Electricity Act facilitated significant private investments, market development, and adoption of...

The Specific Relief (Amendment) Act which came into force at the beginning of August broadly makes specific performance a general rule, rather than a limited right and limits court intervention in relation to...

Irrespective of the sector, and whether you are a Contractor, Employer or a Lender, EPC Contracts throw up complex issues which need to be carefully considered. INDUSLAW held a seminar on the subject recently, flagging...

INDUSLAW recently spoke on the subject of India's new bidding guidelines for renewable energy projects. Do they address off-take risks and other bankable issues? Will the new guidelines pave the way forward for a new...

INDUSLAW recently spoke in Singapore on the subject of Projects & Project Financing in India, highlighting the broad regulatory and document structures encountered and key risks to consider

Identifying risk in infrastructure projects is essential for allocation and potential mitigation strategies. Ran Chakrabarti highlighted some of the key risks and considered how they may best be managed at a recent...

Earlier this month, the Supreme Court of India in Energy Watchdog & Ors. v/s. Central Electricity Regulatory Commission set aside the orders passed by the Appellate Tribunal for Electricity ("APTEL") dated 7 April...

Cairn Energy recently lost its appeal before an Indian tax appellate tribunal in relation to the charging of retrospective capital gains tax. We analyse the implications of the ruling and the risks arising for foreign...

The Atomic Energy (Amendment) Act, 2015 (the "Amendment Act") essentially expanded the definition of "Government Company" in the Act to include a joint venture formed between NPCIL and a PSU. This article considers the...

In an effort to harmonise municipal laws, rules and regulations governing the trade of electricity, the Ministry of Power (the "MoP") issued on 5 December, 2016 guidelines for cross border trade of electricity (the...

The National Solar Mission or the Jawaharlal Nehru National Solar Mission (the "JNNSM") adopted by India in 2010 targets generation of 100,000 MW of grid connected solar power capacity by 2022.

The Central Government has, on May 30, 2016, notified the Minerals (Transfer of Mining Lease Granted Otherwise than through Auction for Captive Purpose) Rules, 2016 (the "Rules"). The Rules are a step forward towards...

Given the large asset size and long life (between 10 to 50 years) of public-private-partnership (PPP) contracts, the stakes are enormous for all parties. It is necessary that these contracts are sustainable throughout...

Back in February this year, India announced an ambitious rail budget, proposing to invest almost USD 16 billion in rail projects over the coming year.1 Previously, in December 2014, it had further liberalized the sector...

The Railways Budget lacks clear blue print but creates a clear blue water between this budget and any previous budgets. I guess, by now, most of us have deliberated the bold to the fine print of the Railways Budget...