News & Articles

May 12 2021
Solar power majors get $3-billion shock from Supreme Court order
By The Economic Times - dated 12th May 2021

Our Regulatory Associate Partner, Aditya K Singh shared his expert views with The Economic Times on a Supreme Court order that requires overhead power lines to be taken underground in the habitats of a critically endangered bird and which is likely to hurt the financial viability of solar projects in Rajasthan and Gujarat.

Although existing projects will have a cushion of change in law and force majeure provisions of the PPA to mitigate risks, those claims will not be uncontested, considering the stakes involved”.

Read the full story here.

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