At Shardul Amarchand Mangaldas, our Infrastructure, Energy, and Project Finance practice offers comprehensive legal representation across a diverse range of sectors. With a focus on delivering innovative solutions, we leverage our extensive expertise to navigate the complexities of project financing, ensuring timely and cost-effective financial closure.

Key Strengths:

1. Policy and Transaction Expertise:

• Our team possesses a deep understanding of infrastructure sector development in India, both in terms of policy formulation and transaction execution.
• We have played a significant role in shaping legal frameworks and structuring transactions in sectors such as oil & gas, power, airports, roads, ports, water, special economic zones, and telecom projects.

2. Robust Legal Advice:

• With a reputation for negotiating innovative security structures and project documentation, we ensure the viability of projects and mitigate risks.
• Our team has advised on some of India’s largest and most complex projects, pioneering first-of-their-kind initiatives that rank high in terms of complexity and innovation.

3. Comprehensive Services:

• We work closely with various stakeholders, including government bodies, public sector undertakings, developers, investors, and lenders, across the project lifecycle.
• Our expertise covers drafting, structuring, and negotiating various agreements, including concession agreements, power purchase agreements (PPAs), financing agreements, and security agreements.

4. Sectoral Focus:

– Power:

• We advise on project development, implementation agreements, PPAs, fuel supply agreements, and transmission arrangements in the power sector.
• Our team has been involved in landmark projects, contributing to the success of India’s first thermal power project employing the PPP model.

– Airports:

• With extensive experience in airport privatization, we have advised on projects such as New Delhi and Mumbai airports’ privatization.
• Our involvement in green-field development projects, tariff determination, and operating contracts underscores our expertise in the sector.

– Railways:

• We have worked closely with RITES and Indian Railways on model concession agreements for container traffic movement and high-speed rail network development.
• Our advisory role extends to the redevelopment of railway stations and associated commercial development.

– Oil & Gas:

• Our integrated legal representation covers upstream acquisitions, LNG sale and purchase agreements, vessel charter arrangements, and financing of LNG terminals.
• We advise a range of clients, including public sector undertakings, on participation in projects such as the Turkmenistan-Afghanistan-Pakistan-India Pipeline.

5. Financing and Restructuring:

• We assist clients in financing arrangements across various sectors, including airports, oil & gas, power, roads, railways, and telecom.
• Our expertise extends to debt reconstruction and restructuring, where we advise lenders on arrangements in industries such as steel and stainless steel.

With a focus on delivering value-driven solutions and mitigating risks, our Infrastructure, Energy, and Project Finance practice stands at the forefront of driving growth and innovation in India’s infrastructure landscape.