In July, 2010, the Indian federal government released detailed guidelines for new grid connected solar power projects as part of India'sJawaharlal Nehru National Solar Mission. The issuance of these guidelines marks the beginning of a six month process for solar project sponsors to submit applications and exit the process with a power purchase agreement (“PPA”) signed by the relevant government agency. These PPAs are highly coveted and ought to be printed on gold leaf paper. The feeding frenzy over Indian solar has begun in earnest.