Daily Email Newsletters (Latest Updates/Articles) — Sign up for Free

FDI in Power Sector in India

Sectoral Caps - FDI in Power Exchanges

% of Equity/ FDI Cap
Entry Route
Power Exchanges registered under the Central Electricity Regulatory Commission (Power Market) Regulations, 2010.

Other Conditions

(i) FII/FPI purchases shall be restricted to secondary market only;
(ii) No non-resident investor/entity, including persons acting in concert, will hold more than 5% of the equity in these companies; and

(iii) The foreign investment would be in compliance with SEBI Regulations; other applicable laws/regulations; security and other conditionalities.

Reference: Clause 5.2.24 of the Consolidated FDI Policy Circular of 2016 (D/o IPP F. No. 5(1)/2016-FC-1 Dated the June 07, 2016) issued by Department of Industrial Policy & Promotion, Ministry of Commerce & Industry, Government of India.

No comments:

Post a Comment