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…
