Newsletter/Booklets 15th Nov 2021

Infrastructure and Energy Digest – October 2021

Authors

Vinit ShahSenior Associate | Mumbai
Pranaav GuptaAssociate | Mumbai

Latest Thought Leadership

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Amendments to SEBI’s FPI Regulations to benefit Mutual Funds and Indian promoters of FMEs

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SEBI introduces SWAGAT FI Framework for FVCIs and FPIs

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Legitimate Use and its Probable Boundaries

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SEBI Circular: Provisions relating to Strengthening Governance of Market Infrastructure Institutions (MIIs)

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Dear Reader,

In this month’s newsletter, we have examined the order of the Supreme Court regarding jurisdiction of regulatory bodies qua regulation of trading in electricity forward contracts, electricity future contracts and electricity derivative contracts. Further, we have examined the order of the Appellate Tribunal for Electricity as regards Renewable Purchase Obligations for cogeneration plants.

We have analyzed the following rules issued by the Ministry of Power: (i) Electricity (Promotion of Generation of Electricity from Must-Run Power Plant) Rules, 2021, (ii) the Electricity (Timely Recovery of Costs due to Change in Law) Rules, 2021 and (iii) Draft Electricity (Promoting Renewable Energy through Green Energy Open Access) Rules, 2021.

On the policy front, we have provided our views on the Cabinet Committee on Economic Affairs’ PM Gati Shakti National Master Plan.

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