Khaitan & Co advised Aditya Birla Renewables Ltd on its acquisition of Sprng Energy from Shell Overseas Investments B.V., a wholly owned subsidiary of Shell plc. Valued at USD 1.8 billion, the transaction is among the largest transactions in India's renewable energy sector, reinforcing Aditya Birla Renewables' position in the country's clean energy transition.
Khaitan & Co acted as advisors to Motilal Oswal Alternates (MO Alternates), the alternative investment arm of Motilal Oswal Group, who through its Private Credit Fund committed INR 750 crores to JBM Ecolife Mobility, the electric mobility platform of listed auto components maker JBM Auto. The fund raise is a combination of structured debt and equity-linked capital. The capital infusion is expected to enhance the company's ability to participate in large electric bus tenders and execute existing contracts.
Khaitan & Co advised on the implementation of the composite scheme of arrangement involving Vedanta Ltd (the Demerged Entity) and four resulting companies — Vedanta Aluminium Metal Ltd, Vedanta Power Ltd (formerly Talwandi Sabo Power Ltd), Vedanta Oil & Gas Ltd (formerly Malco Energy Ltd), and Vedanta Iron and Steel Ltd — filed under Sections 230–232 of the Companies Act, 2013.
Khaitan & Co advised Reliance Industries Ltd ("RIL") in connection with its strategic partnership with Meta Platforms, Inc. (“Meta”) for the development of Meta’s first AI-enabled data centre in India. Pursuant to the partnership, RIL will develop a built-to-suit 168 MW hyperscale data centre in Jamnagar, Gujarat, which Meta will lease to support its artificial intelligence and computing requirements.
Khaitan & Co advised FMC Corporation on its divestment of India crop protection commercial business to Crystal Crop Protection Limited for a total consideration of USD 252 million.
Khaitan & Co advised VINCI Highways, a subsidiary of VINCI Concessions, in relation to 100% acquisition of the Safeway Concessions by Concessoc 41 (part of VINCI Concessions) from Macquarie Asia Infrastructure Fund 2, managed by Macquarie Asset Management. Safeway Concessions platform comprises of nine toll road assets across Andhra Pradesh and Gujarat, totalling nearly 700 km along with an integrated O&M entity. Completion is subject to customary conditions and regulatory approvals.
Khaitan & Co advised Kaynes Semicon Pvt Ltd (Client) in executing the fiscal support agreement with the India Semiconductor Mission (ISM) pursuant to which the Government of India has agreed to extend fiscal support to the Client in setting up of the Outsourced Semiconductor Assembly and Test Facility in Sanand, Gujarat.
The Ministry of Power has notified the Electricity (Amendment) Rules, 2026 (2026 Amendment) on 13 March 2026, amending Rule 3 of the Electricity Rules, 2005 (Electricity Rules).
Khaitan & Co advised Numaligarh Refinery Ltd on drafting and finalisation of the complete tender suite and green hydrogen purchase agreement for selection of bidder on international competitive bidding basis for development of green hydrogen generation unit (on a build, own and operate basis) for supply of gaseous green hydrogen to the refinery at Numaligarh, Assam.
