regulatory risk

The sovereign wealth fund thought the UK was the ‘best and safest place’ to invest, but ‘we were wrong’, its CIO said, referring to GIC’s negative experience with Heathrow Airport.

Should Andhra Pradesh - a state at the forefront of the renewables sector in the country - succeed in slashing tariffs, projects with a capacity of more than 2.5GW are at risk of defaulting.

The new fee to fund grid construction and maintenance could dampen investors’ confidence as the country looks to develop its offshore wind sector, experts say.

The state of Andhra Pradesh is expected to fail in its attempt to renegotiate PPAs, but market sources fear a drawn-out court battle could still prove damaging.