Our Projects and Project Finance team works with stakeholders across the lifecycle and value chain of a variety of, and diverse, infrastructure asset classes such as airports, ports, railways, roads, power (renewable and conventional), nuclear power, urban infrastructure, oil and gas, mines and minerals, telecom and logistics.
We offer integrated services on all kinds of mega-projects, complex and innovative deals. This is routinely possible given our rich experience spanning acquisitions, divestments, private equity investments, project finance, structured finance and securitisation as well as project documentation work covering concession agreements, EPC and O&M contracts, power purchase agreements, fuel supply agreements, offtake agreements, etc.
Our lawyers appreciate the peculiarities of infrastructure projects and are fully responsive to client and sector needs. We have acted for project sponsors, developers, central and state governments, private equity investors, contractors, equipment suppliers and lenders on all aspects of projects across a wide base of infrastructure sectors. The wealth of our skill and experience helps us to proactively and proficiently offer legal advice on the entire spectrum of infrastructure-related projects.
“The advice received from Khaitan is precise, practical and technically sound.”
Advised in relation to entering into an agreement with Engie Global Developments BV to acquire shares of Meenakshi Energy Private Limited
Advised on investment in ReNew Solar Power Private Limited, implementing a solar photovoltaic power projects (124 MW in Telangana) and investment in Azure Power India, implementing a solar photovoltaic power project (50 MW in Andhra Pradesh)
Advised on 100% acquisition of Korba West Power Company Limited by Adani Power Limited at an enterprise value of USD 677 million approximately.
Advised in relation to sale of 12.66% stake to IL&FS Limited and subscription of further equity shares by Changi Airports India Pte Ltd (amounting to 3.45%) to maintain its 26% shareholding in Bengal Aerotropolis Projects Limited.
Advised on 100% acquisition of Papu Hydro Power Projects Limited (90 MW green field hydro power asset in Sikkim) from Indiabulls Group
Advised in relation to structuring the transaction and the transaction documents in conformity with the requirements of the Concession agreements to Piramal Enterprises Limited for an aggregate amount of INR 550 crores.
Advised on acquisition of 102 MW of operating wind power plants in India from Spain-based Fersa Energías Renovables, SA.
Advised on investment by the Abraaj Group in its renewable platform ‘Aditya Birla Renewables Limited’SA.
Advised in relation to primary acquisition by Power and Energy International (Mauritius) Limited, a wholly owned subsidiary of Tenaga Nasional Berhad, Malaysia of 30% stake in GMR Energy Limited for USD 300 million.
