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Shardul Amarchand Mangaldas & Co. advises Engie Energy Marketing India Private Limited in securing Category I Inter-State Power Trading License from Central Electricity Regulatory Commission
April 18, 2025
Shardul Amarchand Mangaldas & Co. advised Engie Energy Marketing India Private Limited (“EEMI”) on securing Category I Inter-State Power Trading License from Central Electricity Regulatory Commission. The license was granted to EEMI on December 3, 2024.
The deal allows Engie to diversify its renewable energy activities in India and enables Engie to carry out power trading activities inter-state.
Further, Category I license allows Engie to trade in the highest volumes of electricity (i.e., more than 7,000 million units in a financial year) and accordingly, signifies Engie’s commitment to expand its green power initiatives in India.
The transaction team was led by Partners VR Neelakantan and Samridha Neupane who were assisted by Sourav Naug, Senior Associate; and Siddharth Jain, Associate.
