POWER AND ENERGY

We advise clients in building and operating major power projects and securing production and distribution business. We understand and are aware of the risks and opportunities arising at every stage from conception to drawdown and from production to consumption. We deal in negotiating and drafting the project documents, including Concession Agreements, EPC Contracts, O&M Contracts and financing and security documentation, Power Purchase Agreements, Fuel Supply Agreements, Land Agreements, Construction Agreements, Production Contracts, Implementation Agreement, and BOOT projects. We have drafted Shareholders Agreement and other Risk Management Documentation and advised National Thermal Power Corporation, Power Grid Corporation Of India Ltd., Tehri Hydro Development Corporation Ltd., etc. on the financial and energy regulatory and litigation aspects of their business. In the electricity sector, we act for state owned, public and privatized power generation, transmission and distribution companies such as North Eastern Electric Power Corporation Ltd., Bharat Heavy Electrical Ltd., BSES Power Ltd. (Reliance Power) etc. We advise our clients on issues relating to renewable energy including solar energy and wind energy. We advise our clients on tax, loan, insurance and guarantee, counter-guarantee documents, joint venture, joint operation and maintenance agreements, opportunity exploration memorandum of understanding and related agreements. We also advise on regulatory and environmental compliance related to power and energy projects.