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INDIA RATINGS – Proposed Amendments in Electricity Rules Bring in High Regulatory Uncertainty in Group Captive Business

Ind-Ra-Chennai: Proposed amendments in Electricity Rules 2005 relating to group captive plants have the potential to reduce the flexibility and competitive advantages enjoyed by the renewable energy players operating under the group captive model, says India Ratings and Research (Ind-Ra). The recommended compulsory equity contribution clause will add to the cash flow pressure on captive […]

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