Investing in India’s Infrastructure and Energy Sectors: Laws & Practice

Investing in India’s Infrastructure and Energy Sectors links recent laws and practices relating to investments in infrastructure and energy projects in India and approaches these issues from a commercial and legal perspective. The book deals with (i) generic legal issues, that is, investments, PPPs, bids and tenders, regulatory aspects and project agreements (Concessions, EPC and O&M contracts, etc.) and (ii) specific legal issues that arise in some core infrastructure sectors such as electricity and renewables, airports, ports, and oil and gas, and the challenges faced by investors, developers, financiers and procurers. The book is a contemporary work and provides various types of comparative analyses, for example, between various types of tender documents used in different states, between past and recent concession/project agreements, between various state policies that are applicable and other issues relevant for legal negotiations and finalization of legal contracts. At each stage the book elaborates on the various current industry and best market practices. Important questions such as what are the issues with foreign investment in these sectors; what questions come up in a typical concession; how does one cover a legal due diligence; how can change in control provisions impact investors; what type of procurement is possible in India today and what procedures are required to be complied with; and how does one mitigate and manage legal, regulatory and commercial risk as infrastructure projects move along the development timeline have been raised and answered in the book. The book is meant for legal practitioners, policy makers / government authorities, commercial lawyers, in-house counsel, legal departments as well as academicians and students/researchers who have an interest in these areas and wish to understand some of the practical and current commercial/legal issues and trends and relevant Indian government policies in these sectors.