Renewable Energy Industry

Renewable energy has become one of the fastest-growing segments of India's power sector, driven by ambitious capacity targets across solar, wind, hydro, and biomass sources, along with strong policy support for clean energy adoption. Developers, equipment manufacturers, and independent power producers in this space operate in an environment shaped by evolving incentive schemes, tariff-based bidding, and financing structures suited to long-term energy projects. Staying compliant while managing project economics carefully is central to success in this sector.

Why Renewable Energy Companies Need Specialised Advisory Support

Renewable energy projects are typically financed through a mix of equity, project debt, and government incentives, and are often structured as special purpose vehicles tied to specific power purchase agreements. Developers must also navigate duty exemptions, accelerated depreciation benefits, and state-level policy variations. Getting the financial and tax structuring right from the outset directly affects project returns and long-term viability.

How We Support Renewable Energy Sector Clients

Taxation Advisory

We advise on direct tax and GST matters relevant to renewable energy projects, including eligibility for accelerated depreciation, duty exemptions, and other incentives applicable to solar, wind, and biomass installations.

Regulatory and Compliance Advisory

We help renewable energy developers track compliance requirements tied to power purchase agreements, state renewable purchase obligations, and approvals needed for project commissioning.

Structuring and Project Advisory

We assist with structuring special purpose vehicles, joint ventures, and project financing arrangements for solar, wind, and hybrid energy projects, along with related accounting treatment.

Statutory Audit and Financial Reporting

We conduct statutory and internal audits for renewable energy developers and project entities, verifying that capital expenditure, depreciation, and power sale revenue are accurately reflected in financial statements.

Transaction Advisory

Our team supports due diligence, valuation, and deal structuring for asset acquisitions, stake sales, and project financing transactions involving renewable energy assets.

Corporate and Secretarial Compliance

We manage company law filings, board documentation, and secretarial compliance for renewable energy companies and project-specific entities.

Outsourced Accounting and Finance Support

For developers managing multiple project sites, we offer outsourced bookkeeping and finance function support so project teams can focus on execution while financial records remain accurate.

Sub-Sectors We Serve

• Solar Power Developers
• Wind Power Developers
• Small Hydropower Projects
• Biomass and Waste-to-Energy Projects
• Renewable Equipment Manufacturers
• Energy Storage and Hybrid Project Companies

Our Approach

Renewable energy projects depend on careful financial planning to remain viable over their operating life. Our team combines tax, regulatory, and transaction advisory expertise with an understanding of how renewable projects are financed and incentivised, so that developers receive advice that supports both compliance and project returns.

Get in Touch

To discuss how we can support your renewable energy business, write to us at info@agarwalurs.com.