Power Purchase Agreements (PPAs) in India
A Power Purchase Agreement (PPA) is a long-term contract between an energy producer (seller) and an energy consumer (Buyer). PPA’s are a common type of agreement especially in the renewable energy sector. Energy law firms in India extensively deal with such agreements on a regular basis. PPAs enable energy producers to secure a return on their investments made in energy projects thus providing a financial framework to sell the energy produced at a pre-agreed amount.
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