Legal structuring for foreign solar, wind and green-hydrogen investors in India.
A foreign investor in solar, wind, or green hydrogen in India enters a sector that is open to one hundred percent FDI under the automatic route and backed by substantial policy support, but where the commercial return depends almost entirely on the contractual and regulatory architecture around the project. Power-purchase agreements with offtakers, the bankability of the tariff, open-access and wheeling arrangements, land aggregation, and connectivity to the grid are the real determinants of whether a renewable project is financeable.
Green hydrogen adds the National Green Hydrogen Mission and the SIGHT incentives for electrolyser manufacturing and hydrogen production, and solar manufacturing is supported by the module PLI, each with its own eligibility and localisation conditions. We structure the investment, negotiate and de-risk the PPAs and offtake, secure the open-access and land arrangements, and build the incentive claim so the project is bankable and the foreign investor return is protected.
Negotiating and de-risking power-purchase and offtake agreements, including tariff, curtailment, and change-in-law protection.
Securing open-access, wheeling, banking, and grid-connectivity arrangements under the Electricity Act framework.
Structuring claims under the National Green Hydrogen Mission, the SIGHT incentives, and the solar-module PLI where applicable.
Aggregating land and negotiating the EPC, O&M, and supply agreements for the project.
Structuring the one hundred percent FDI, the holding structure, and FEMA reporting.
Supporting project financing and lender due diligence on the contractual and regulatory package.
Yes. Renewable energy allows one hundred percent foreign investment under the automatic route. The decisive legal work is in the PPAs, open-access arrangements, land, and incentive claims that make the project bankable, not in the FDI approval.
The National Green Hydrogen Mission and the SIGHT incentives support electrolyser manufacturing and green-hydrogen production, each with eligibility and localisation conditions. Solar manufacturing is separately supported by the module PLI. The claims must be structured against the specific scheme conditions.
A creditworthy offtaker and a robust PPA, secure open-access and connectivity, clean land title, and change-in-law and curtailment protection. Lenders scrutinise this package closely, so it must be negotiated and documented to withstand financing due diligence.
No. No engagement is treated as accepted until conflicts, scope and terms are confirmed in writing. An initial discussion is confidential and is used only to understand the matter and assess fit.
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