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ndia's Digital Personal Data Protection Act, 2023 (‘DPDP Act’) is now fully operational - the DPDP Rules, 2025 were notified on 13 November 2025 and the substantive obligations become fully enforceable on 13 May 2027.

The Change in Law clause is a cornerstone of competitively bid power projects in India. It protects parties against unforeseen legislative and regulatory changes that alter the economic assumptions on which bids are submitted. The central objective is restitution: restoring the affected party to the same economic position as if the change had never occurred. Yet, in practice, Change in Law compensation under Power Purchase Agreements (PPAs) is often determined and paid years after the expenditure has been incurred.

India's power sector stands at a defining moment. For over a decade, the industry's focus has been on one objective: adding capacity. That objective has largely been achieved. Today, India is among the world's largest electricity markets, with a rapidly expanding generation fleet, significant renewable energy deployment, and ambitious plans to support economic growth, industrialization, and energy security.