In the open access segment, the added flexibility for group captive arrangements through the Association of Persons (AoP) model will allow industrial consumers to scale their renewable
energy intake according to actual operational needs. It will thus remove a major layer of risk for investors and will make the transition to green power more viable for India’s private sector.
From the investors and lenders’ perspective, I see these rules as enabling a stable and transparent regulatory framework….exactly what is needed to attract long-term capital in our energy security and transition targets.
We have been championing the cause of working hand-in-hand with the government to improve the RE upstream and downstream policies and regulations. Happy to note that
the industry’s voices are being heard, and suitable changes made. This directive is indeed a welcome step.