Read the article "Monetisation of renewable energy in focus" authored by our Partner Milind Jha and Associate Partner Nakul Vohra discussing India's shift to renewable energy, virtual PPAs, ERPAs, and challenges in regulatory implementation published by India Business Law Journal.

As RE generators can now monetise green attributes, some existing C&I off-takers are re-evaluating their existing PPAs so far as the PPAs permit. This particularly applies to consumers who have given up their right to receive carbon credits or green attributes. The regulations must be amended to permit the bilateral trade of RECs to promote efficiency in monetising green attributes derived from RE projects. Those considering C&I transactions must ensure the PPAs allow renegotiation to take advantage of rapidly changing regulatory conditions.

Click to read here.