projects. We have acted as Lenders’ Legal Counsel and assisted in the process of sanctioning the financial assistance worth US$ 2,586 Million (Rs.17, 291 crore) in energy projects.
Coastal Petroleum – Legal counsel for negotiations and documentation for their joint venture with Duncan Group and Thai petroleum for LPG importation, Storage and Distribution Project in Vishakhapatnam including the development of Port project relating to it. Coastal Petroleum is a distributor of refined petroleum products throughout South Africa.
DS Construction/Israel Corporation – Legal Counsel to DS Construction for the acquisition of Globeleq Limited’s assets in9 Power generating companies located in Latin America. Advisory services include Review of Bid document; advice on legislation permitting offshore investments; vetting and drafting of shareholders agreement; review of Due Diligence Reports and commenting on the same from a legal perspective; review of Sale Purchase Agreement; participating in discussions with Seller’s representative.
East-North Interconnection Company Ltd. (A wholly owned subsidiary of PFC) – Legal Counsel to East-NorthInterconnection Company Ltd in consortia with PwC, for providing advisory services for selection of a bidder for establishing Transmission System to enable import of North-Eastern Region / Eastern Region surplus power by North Region through tariff based competitive bidding process.
GAIL (India) Limited – Legal Counsel to GAIL for the review and opinion on the enforceability of Gas Sale and Purchase Agreement with Sabine Pass Liquefaction, LLC for the purchase of 3.5 MMTPA over a 20 years period. Also opined on the enforceability of the Direct Agreement with the Lender of the Gas Seller for assignment of the benefits under the agreement. The firm assisted GAIL for review of various agreements and issues related to providing Guarantee by Indian parent to its overseas subsidiary, etc. The firm also provided advice relating to international gas supply contract, vetting of joint operating agreement relating to liquefied natural gas.
Indraprastha Gas Limited – Legal counsel for various regulatory approvals for its initial public offering in India; Registration formalities in respect of CNG Logo and establishing the distinctiveness of their mark; advising on employment law. IGL is a leading clean energy solutions provider.
Jindal Steel and Power Limited – Legal counsel for review and vetting of the Coking Coal Sales Purchase Contract between Jindal Steel and Power Limited and an Australian company, Gujarat NRE Coking Coal Limited. Advised on INCOTERMS 2010, Price Adjustment Formula, Damages and Indemnification by the Seller. Comparative study of the Coal Purchase and Sale Agreement of various countries, such as Master Coal Purchase and Sale Agreement approved by U.S.A based Coal Trading Association, Contract for Sale and Purchase of Indonesian Non-Coking Coal and Coal Supply.