FTI Consulting (JD Supra India)

India is motivated towards stronger energy transition actions beyond its current climate change initiatives, aggressive renewable energy, electric vehicle (EV) Infrastructure buildout; and energy diplomacy initiatives. The imperative to de-carbonise the Indian economy is drawn from the poor air quality in Indian cities, high fossil fuel import bill and concerns about India’s energy security....

As the world shifts toward renewable energy sources, south Asia’s dominant economy expects to reduce its dependency on coal-based power plants. But it will still need to rely on coal consumption to meet its growing electricity needs. Therein lies opportunity — but not without certain risks.

India is the third largest producer and consumer of electricity in the world. The total installed capacity in India has increased from 174 gigawatts (“GW”) in fiscal year (“FY”) 2011 to 370 GW in FY2020; a compounded annual growth rate (“CAGR”) of 9 percent. The growth in installed capacity has led to a reduction in the country’s overall power deficit from 8.8 percent in FY2011 to 0.5 percent in...

The Government of India’s Ministry of Electronics and Information Technology (MeitY) agency launched Aarogya Setu, a contact-tracing mobile application. Aarogya Setu has been created by the National Informatic Centre (NIC) in response to the COVID-19 crisis, as a way to collect and understand public health-related data. Please see full Publication below for more information.

According to Refinitiv, a financial market data provider, the overall value of mergers and acquisitions in India amounted to US$41.6 billion in the first half of 2019. Furthermore, given the Indian Government has eased Foreign Direct Investment norms, with the aim to entice heavy foreign investments, and is looking at market growth in the interest of the buyers who are consolidating businesses,...

On February 25, 2020, the Ministry of Corporate Affairs of India released the Companies (Auditor’s Report) Order, 2020 (“CARO 2020”), which places additional responsibilities on the statutory auditors of the company with regard to whistle blower complaints. Please see full Publication below for more information.

With the relaxing of Foreign Direct Investment (FDI) norms in India, business is booming and economy has seen a flurry of activities. The collaboration between Indian and foreign companies has significantly increased. Greater influx of multinational companies and global investments in Indian companies has also increased the purview of Anti-Bribery and Anti-Corruption (ABAC) laws and regulations....

India’s emerging gas story is deeply connected with its critical economic transitions in mobility, urbanisation and reliability in an increasingly market based system. India will account for one third of the growth in global energy demand in the coming decades and developing the country’s natural gas markets will aid India’s ability to meet the demands of a growing middle class in a modernising...

Companies that successfully incorporate sustainability into their core business strategy are better positioned to lead in an evolving, complex and increasingly transparent marketplace. These companies are also more attractive to institutional investors and are likely to attract the bulk of capital investments going forward. Please see full Publication below for more information.