In 2026, Indian buyers are moving beyond “just procurement” and treating Power Purchase Agreements (PPAs) as a long-term risk-managed financial instrument. This guide explains how the India C&I and utility-scale PPA market is evolving—what PPA models are available, which trends matter this year (indexation, RTC, and green
Introduction India’s electricity sector is entering a phase where the biggest competitive advantage will not come from owning capacity alone, but from operating within the rules that govern capacity. In 2025–2026, the shift is increasingly visible across market design, scheduling discipline, exchange participation, and Green Open Access