There seems to be an overlap between regular RPT approvals and omnibus approval routecreating ambiguity on what type of approvals must be procured for long term related partycontracts?
Listed companies often enter into long term contracts with…
C&I market significantly untapped – accounts for just 6% of the total renewable power purchases
Captive open access the most preferred route – i.e. procuring power for captive consumption from private renewable players using govt. transmission facilities.
Smart meters are essentially a data play – offering unprecedented data that can be used to bring online more green energy, curb electricity loses and reduce costs for consumers
The sector has immense depth – USD 30 bn over just the next 2-3 years….
Strong minority unitholder protections introduced – for both public and private InvITs
Private InvITs originally designed to attract large institutional capital – light touch re- gulations allowed flexibility to parties to manage their arrangements…
Infrastructure companies are mandated to execute concessions through SPVs, which often results in qualification of the holding company as a core investment company (CIC)
CIC risk is often avoided by structuring EPC and O&M revenues through the hol- ding company and swelling …
Distributions out of repayment of debt principal could now be taxed as ‘other income’ – at odds with global standards
Distributions out of debt repayments through redemption of units not treated as ‘income’, but reduce cost of acquisition – InvIT / REIT Regulations do not permit redemption of units…
SEBI has cast new investor diligence obligations on AIF managers, which extends to underlying investors
As per the new rule, the manager of an AIF is not permitted to on-board new investors or draw down capital from existing investors unless the diligence conditions have been complied with…
