Articles

Indian Carbon Market: Prospects and Challenges

With the increasing reliance on renewable sources of energy, India is leaving no stone unturned to fulfil the targets set forth by it in COP26. This rapid transition to renewable energy is causing an irreversible impact on biodiversity which merits adequate attention from relevant quarters. This article seeks to map the effect of growth in renewable energy infrastructure on biodiversity and the legal framework in this regard.

Towards Regulating the Digital Market

The government appointed a 16-member committee on Digital Competition Law[1] under the Ministry of Corporate Affairs to draft the “Digital Competition Act”. To start the process, the Standing Committee on Finance presented a report[2] on “Anti-Competitive Practices by Big Tech Companies”.

Renewable Energy Certificates: What, Why & How?

What is a REC? The renewable energy certificate (REC) incentivizes renewable energy producers (RE). India took this initiative to develop the RE market over a decade ago. Pan-India market-based Renewable Energy Certificate (REC) Mechanism was introduced in the year 2010 under the Electricity Act 2003 (“EA 2003“) and the National Tariff Policy 2006 (“Tariff Policy […]

Authorization and Declaration of Natural Gas Pipelines

  Date | Version April 05, 2023| 2.0 Keywords ‘common carrier’, ‘contract carrier’, ‘Declaration’, ‘PNGRB’, ‘Authorization’, ‘natural gas pipeline’. List of Legislation Referred. Petroleum and Natural Gas Regulatory Board Act, 2006 (‘PNGRB Act’)  Petroleum and Natural Gas Regulatory Board (Guiding Principles for Declaring or Authorizing Natural Gas Pipeline as Common Carrier or Contract Carrier) Regulations, […]

Cryptocurrency: Unregulated Futuristic Technology

Date | Version December 29, 2022, | 1.0 Keywords ‘Cryptocurrency’, ‘Blockchain’, ‘Decentralization’, ‘Virtual Digital Assets’, ‘Dollarization’. List of Legislation Referred The Constitution of India Securities Contract Regulation Act, 1956 Foreign Exchange Management Act, 1999 Income Tax Act, 1961 Markets in Crypto Assets Regulation (MiCA) (European Council) (yet to be voted upon) Bipartisan Infrastructure Legislation, 2021 […]

AERA – Powers and Functions

Date | Version December 27, 2022| 2.0 Keywords ‘AERA’, ‘Powers and Functions’, ‘Tariff Determination’, ‘Seizure’. List of Legislation Referred. The Airports Economic Regulatory Authority of India Act, 2008. Code of Criminal Procedure, 1973. Jurisdiction India The Indian civil aviation sector has been growing tremendously, and with the second-largest population, the total traffic at major airports […]

Tariff Determination for into Plane Services in India AERA – A Closer Look

Date | Version December 27, 2022| 3.0 Keywords ‘AERA’, ‘Tariff’, ‘Light Touch Approach’, ‘Price Cap Approach’ ‘Into Plane Services’. Related Legislation = The Airports Economic Regulatory Authority of India Act, 2008. The Airports Economic Regulatory Authority of India (Terms and Conditions for Determination of Tariff for Services Provided for Cargo Facility, Ground Handling and Supply […]

What to Expect in The Upcoming Union Budget

Date | Version December 21, 2022| 2.0 Keywords “Union Budget”, “inflation”, “job creation”, “private investment”, “energy sector”, List of Legislation Referred. The draft Indian Telecommunication Bill, 2022 Jurisdiction India Abstract: The Budget for 2023-24, the last before the General Elections of 2024, will be presented in the backdrop of a critical geopolitical set-up internationally, clubbed […]

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Alaya Legal shall in no way be responsible for any technical inaccuracies in the website, or for any actions taken or not taken for reasons attributable to the information contained in this website or accessed through this website. Readers are advised to seek counsel from a qualified professional while dealing with specific issues.The views appearing under various heads, including ‘Trending’, are those of the author. The author may be reached at by writing to Alaya Legal at contact@alayalegal.com Nothing herein is or may be construed as legal advice.