This is a fully online two-year Master's Degree course, M.A. in Business Laws with a specialization in Energy Laws.
Industry outlook - Energy Laws
The energy sector holds the key to human civilization. Growth is only possible beyond current levels if the human race learns to harness greater amount of energy. Along with the damage that fossil fuel is doing to the world, which makes it costly for every living being but especially hazardous for certain countries, people and organizations, the tremendous hunger for more energy across the world means that the energy sector is set to experience trailblazing growth in years to come.
It is often said that India’s growth story is linked to the fortunes of the energy sector. Energy consumption in India has grown at a compound annual growth rate of about 6% during the last decade. BP Energy Outlook 2035 expects India to achieve the fastest energy consumption growth among all major economies in the coming decades. The total energy consumption is expected to grow by 128% by 2035. Demand for gas is expected to expand by 155%, followed by coal (121%) and oil (118%), while demand for renewables, nuclear and hydro are estimated to rise by 656%, 334%, and 99%, respectively.
As the number of power projects for the generation, efficient distribution, pricing etc. are growing, so are the complications related to their finance, compliances, viability, contractual disputes, litigation. One key driver of legal work in this is regulatory litigation as we see government relinquishing more powers to tribunals headed by technocrats who hear both sides before making major decisions that can make or break fortunes, increasing the importance of lawyers and legal researchers in the sector.
Apart from the traditional electricity sector, the other major part of the energy sector is Oil & Gas. Even this is a complicated sector that requires highly proficient lawyers in large numbers. Apart from these two major components of the energy sector, atomic energy, and renewable energy sector is growing very rapidly, creating a need for trained lawyers.
Also, this is a unique sector that requires special skills and abilities, and not lawyers of all hues colors can simply pick up an electricity or oil and gas matter. Energy laws is strictly the domain of specialized professionals. Jobs in the energy sector are highly lucrative since it is a highly specialized area with very few experts.
Energy law is one of the best career choices available for lawyers at the moment, and especially for those who want a desk job as a lawyer.Experts in Energy Law are in high demand by private power companies, PSUs, regulatory bodies, investors, and policy makers. The number of jobs opening up in this sector will be difficult to match in years to come, by any other sector, by a long shot.
How the energy law course can benefit you
This course focuses on imparting legal knowledge about the rapidly expanding energy sectors. Get expertise in mining laws, power sector regulations and compliances, financing of power projects, renewable energy laws, project finance, investment laws and najor contracts in the oil & gas and power industry. Develop mastery in negotiating investment deals for energy companies, frame energy policies for companies, learn how to deal with regulatory bodies and the government and consult energy companies.
This is a great course for those who are already working in oil & gas or power sector and those who are looking to build their career in the energy industry, renewable energy or oil & gas companies. We already have a large number of professionals from these areas pursuing this course, and we are helping them to take their legal and regulatory acumen to the next level, a mandatory requirement for leadership in these industries.