Amid rising power procurement costs and growing demand, the commercial and industrial (“C&I”) sector is increasingly moving towards sustainability. Organizational buyers are now inclined to procure renewable energy for their facilities to fulfill their environmental, social, and governance (“ESG”) requirements or to simply access cheaper and cleaner power.

To meet these requirements, C&I consumers are shifting towards captive consumption of renewable energy. The regulatory landscape incentivizes this transition by offering cost savings in power procurement.

Our lawyers explore the regulatory landscape for C&I consumers regarding the procurement of power on a captive basis in an article. To read the full article please click here.

Authors: Akshay Malhotra – Partner and Kush Saggi – Managing Associate