Abstract This article examines the recent legal conflicts between Indian state governments and hydro-power projects, focusing on the application of the doctrine of promissory estoppel. Despite India’s commitment to renewable energy, some states have imposed new taxes on hydro-power projects, conflicting with previous agreements and threatening investor confidence. The article underscores the importance of the doctrine of promissory estoppel in ensuring states honor their commitments, which is crucial for fostering investment and achieving India’s renewable energy goals. Introduction The Hon’b ..read more

As of 2023, India’s renewable energy market is pegged at aroundUSD 22 billion, estimated to reach approximatelyUSD 240 billion by 2032 at a CAGR of 8.71%. Its ambitious emissions targets will require that at least 50% of its current energy needs are met by renewable or sustainable energy sources by 2030 – which translates to an installed renewable capacity of 500 GW, as against the current capacity of 179 GW. The need for capital in such a market is self-explanatory. In this context, secondary markets and capital recycling become key tools, allowing individual investors to find easy exit oppo ..read more

Abstract Climate finance is a multifaceted concept lacking a clear definition or well-defined scope. In simple terms, it refers to financing for activities aimed at mitigating or adapting to the impacts of climate change. Over recent years, it has emerged as a primary instrument influencing the way the corporate communities collaborate, explore avenues for development cooperation, and formulate collective or individual approaches to address the global climate crisis at local, national, regional, and global levels. In response to the escalating impacts of climate change across economic sectors ..read more

Introduction According to a report published by Copernicus Climate Change Service (C3S), 2023 was the hottest year ever measured. Europe is now also facing the effects of climate change in the form of extreme weather events such as floods and fires. It is therefore no surprise that up to almost 80% of Europeans see climate change as a very serious problem. Having already recognised the scale of the challenge in the face of the threat of environmental degradation and living conditions on the European continent, the European Commission in December 2019 adopted an action plan called the European ..read more

Introduction The Indian telecom sector presently faces a complex situation when considering ESG and sustainability. Within the concept of ESG, ‘green telecom’ encompasses various aspects, including the greening of telecom networks, the manufacture of environmentally friendly telecom equipment, the environmentally conscious design of telecom buildings, and the safe disposal of telecom waste. The expansion of telecommunications infrastructure necessitates a greater amount of electricity, which is obtained from the grid and through the burning of fossil fuels such as diesel. Unfortunately, both ..read more

Abstract The overarching purpose of this blog is to identify the various levels of the Australian government’s Grid Scale BESS, Individual Household BESS and other further policies for BESS at a residential scale, then compare this to the government policies that the Indian government has adopted for solar powered RE in residential scale and BESS at grid scale, to then be able to make suggestions for how methods from this Australian government policy may lend assistance to future Indian government policy or series of policies, whether at a central or state level, to support the supply of BESS ..read more

Abstract In the face of escalating climate change, countries worldwide are intensifying their efforts towards adopting sustainable energy practices, especially by trying to find long-term and sustainable alternatives to fossil fuels. India is acknowledging the growing need to adopt good energy practices and, in this vein, is focusing its attention on enhancing the production and consumption of renewable energy to reduce carbon emission intensity. To bolster India’s renewable energy capacity and reduce its reliance on fossil fuel imports, various missions, rules, and policies have been adopted ..read more

Abstract Although corruption is widespread across various industries and nations worldwide, it is acknowledged that its prevalence can significantly vary, especially within the construction sector. In recent years, the construction industry in India has been on multi fold growth and has encountered numerous challenges rooted in longstanding practices, with their negative impacts resonating throughout economies, societies, and infrastructure projects globally. From bribery, and extortion to fraudulent activities, corruption compromises the integrity of public infrastructure initiatives, result ..read more

Abstract Efforts towards mitigating the impact of climate change and the imperative for sustainable energy solutions have prompted shifts in energy paradigms globally. While governments enact policies and subsidies to facilitate the transition to renewable energy, the pivotal role of corporations in achieving a just and effective energy transition cannot be overstated. In this regard, examining the onus of corporate responsibility in shaping energy transition and mitigating climate change, this blog examine examines the role of ‘corporate law tools’ in incentivizing and compelling companies t ..read more

Abstract The Supreme Court through several cases has widely interpreted the scope and meaning of Article 39(b) of the Constitution. The blogpost will thus, analyse this relationship between natural resources and the Constitution on the backdrop of the intertwining of the Fundamental rights and the Directive Principles of state policy. The first part will discuss the several interpretations of Article 39(b) through the trajectory of cases. The second part will refer to ways in which the Supreme Court has become an interventionist and a policy maker in which it breaches the doctrine of separati ..read more