Firms To Watch: Projects and energy

Specialising in handling greenfield projects, government bids, and joint venture transactions, S&R Associates' team frequently acts on behalf of multinational and Indian companies.

Projects and energy in India

AZB & Partners

The practice at AZB & Partners is routinely instructed in high-profile infrastructure projects involving the renewable energy, oil and gas, and mining sectors. The team has extensive experience in the project finance sphere, and advises domestic and international companies on all aspects of regulatory and compliance matters and EPC and O&M contracts. In Mumbai, firm founding partner Bahram Vakil is well versed in advising on foreign direct investment, while Qais Jamal handles M&A and joint ventures within the projects and energy field. New Delhi-based Anuja Tiwari specialises in renewable energy project matters, and Atreya Bhattacharya focuses on private equity and structured finance transactions. Mallika Anand, who made partner in April 2023, is a key name for project development work. Aditya Periwal is also recommended.

Practice head(s):

Bahram N Vakil; Qais Jamal; Aditya Periwal; Anuja Tiwari

Other key lawyers:

Atreya Bhattacharya; Mallika Anand


‘AZB & Partners has a team of thorough professionals, who are extremely meticulous in their areas of expertise. During the course of our dealing with them, we found them to be very vocal in flagging risk areas and also recommending alternate solutions withing the legal framework. We had an interactive and meaningful collaboration with the firm.’

‘We worked with Aditya Periwal and his team who were very diligent and worked very meticulously. One special attribute of Aditya and his team is that they always come up with possible solutions. Very transparent with their conduct and high on integrity.’

Key clients

Holcim Group

BlackRock Real Assets

Shell Eastern Petroleum (Pte) Ltd.

KKR & Co. Inc. and funds/vehicles managed by it

First Solar – FS India Solar Ventures Private Limited

Norwegian Investment Fund for developing countries (Norfund)

LM Wind Power Technologies (India) Private Limited

Ravindra Energy Limited

National Investment and Infrastructure Fund

Amazon Web Services

Ayana Renewable Power Private Limited

United States International Development Finance Corporation (DFC)

Export Development Canada (EDC)

International Finance Corporation (IFC)

Asian Infrastructure Investment Bank

MUFG Bank, Ltd.

O2 Power Private Limited

Alstom Transport India Limited

GE Power India Limited, GE Renewables India Private Limited

Cube Highways & Infrastructure Pte Ltd

EDF HQ Singapore Pte Ltd

Eren Industries

Shapoorji Pallonji and Company Private Limited and Shapoorji Pallonji Roads Private Limited

TotalEnergies Gaz & Electricité Holding

Clean Max Enviro Energy Solutions Private Limited

TMH International

Cyril Amarchand Mangaldas

With strong expertise across the renewable energy, healthcare, and aviation sectors, the department at Cyril Amarchand Mangaldas regularly assists with project agreements, procurement and construction contracts, gas sale and pipeline agreements, as well as regulatory and compliance issues and a range of renewable power matters. The client base includes development banks and governmental entities. Based in Mumbai, managing partner Cyril Shroff handles corporate and securities law matters in the space; L Viswanathan leads the finance and project practice. Santosh Janakiram has extensive experience in handling acquisition financing and infrastructure work. In Noida, Ajay Sawhney focuses on refinancing transactions involving renewable projects, and Ramanuj Kumar acts for banks and financial institutions.

Practice head(s):

Cyril Shroff; L. Viswanathan; Santosh Janakiram

Other key lawyers:

Ajay Sawhney; Amey Pathak; Ramanuj Kumar; Subhalakshmi Naskar; Subhojit Sadhu; Atman Desai; Gayatri Shanker; Anand Deshpande; Hariharan Kumar; Varun Singh; Apoorv Jain


‘Response time of the team is quick, with a focus on the quick closure of contracts.’

‘Ajay Sawhney is very efficient, with good subject knowledge.’

Key clients

Alfanar Global Development

Webuild S.p.A (erstwhile Astaldi S.p.A) andAPCO Infratech Private Limited

Envision Wind Power Technologies India Private Limited

Senvion Wind Technology Private Limited

Yamuna International Airport Private Limited


United States International Development Finance Corporation

Edelweiss Alternative Asset Advisors Limited

Dentons Link Legal

Dentons Link Legal has vast experience in handling large-scale projects focusing on roads, airports, and oil and gas matters, in tandem with advising on project financing and EPC contracts. The firm represents clients from an array of sectors, including aviation, defence, and information technology, in contentious and transactional work. In New Delhi, Atul Sharma acts on behalf of developers and contractors in infrastructure projects, Anand Srivastava has expertise in project finance matters, and Milind Jha advises on M&A and capital markets issues. Ravi Varma and Milanka Chaudhury are key names to note.

Practice head(s):

Atul Sharma; Anand Srivastava; Milind Jha

Other key lawyers:

Ravi Varma; Milanka Chaudhary; Ketan Mukhija; Aditya K Singh

Key clients

SNV Aviation Private Limited (d/b as Akasa Air)

GMR Hyderabad International Airport (GHIAL)

SpiceJet Limited

Delhi International Airport Limited (DIAL)

Bangalore International Airport Limited

Big Charter Private Limited (FlyBig)

GMR Goa International Airport Limited (“GGIAL”)

WAISL Limited

Indianoil Skytanking Pvt. Ltd.


At JSA Law, the team is highly experienced in handling instructions from the oil and gas, aviation, and roads sectors, and regularly represents stakeholders and governmental entities in the space. The group is adept at advising on transactional matters, complex cross-border M&A transactions and regulatory issues. Based in New Delhi, Amit Kapur advises on energy-related public procurements and transactions, while in Gurugram, Venkatesh Raman Prasad stands out for handling foreign investment and private equity funding in the energy and manufacturing space. Vishnu Sudarsan regularly assists with engineering and infrastructure issues, and Anupam Varma specialises in energy-related regulatory and policy issues.

Practice head(s):

Amit Kapur; Venkatesh R. Prasad; Vishnu Sudarsan

Other key lawyers:

Anupam Verma; Ashish Suman; Rahul Kinra; Shashank Vikram Singh; Kartikeya G.S; Abhishek Munot; Sugandha Somani

Khaitan & Co LLP

The team at Khaitan & Co. is highly regarded for its expertise in the infrastructure and energy space, and regularly handles complex M&A transactions and development mandates. The group has a solid track record in advising clients on operation and maintenance agreements, renewable energy projects, and cross-border bidding processes for infrastructure tenders. Based in Noida, Dibyanshu is a dual-qualified Indian and US lawyer, with expertise in project development matters; in Mumbai, Akhil Bhatnagar acts on joint ventures and corporate commercial matters and Gahan Singh acts for private equity funds. In Bengaluru, Swathy Ramanath is a key name for financing and concessions work, and Shivanshu Thaplyal focuses on corporate structuring transactions.

Practice head(s):

Dibyanshu; Gahan Singh; Akhil Bhatnagar; Shivanshu Thaplyal; Swathy Ramanath; Anuj Sahay; Prateek Bhandari

Other key lawyers:

Prashant Singh; Bhagirath Ashiya


‘I always enjoy working with Dibyanshu and his team because they are so knowledgeable about the market, excellent technically and super responsive. It is so easy working with them.’

‘The team’s strength is its ability to understand the commercial dynamics of a transaction, and their knowledge of the market.’

‘Akhil Bhatnagar is a skilled negotiator and is not afraid to represent his clients’ interests to the fullest extent possible.’

Key clients

Numaligarh Refinery Limited

Abu Dhabi Future Energy Company PJSC (Masdar)

Torrent Gas Private Limited

Torrent Power Limited

PTT Group

Mahindra Holdings Limited

JSW Energy Limited

Atha Group

Welspun Enterprises Limited

NITI Aayog and Ministry of Heavy Industries (MHI)

Oman Investment Corporation (S.A.O.C.)

Deccan Fine Chemicals (India) Private Limited

O2 Renewable Energy II Private Limited

O2 Power SG Pte. Ltd. and O2 Energy SG Pte. Ltd

Work highlights

  • Advised Abu Dhabi Future Energy Company on the Indian legal aspects of the sale of a stake by Mubadala Investment Company to Abu Dhabi National Energy Company and Abu Dhabi National Oil Company.
  • Advising Torrent Gas on the development of city gas distribution projects, involving assisting with project development contracts and procurement issues for entities owning and operating said projects.
  • Advised Numaligarh Refinery Limited (NRL) on the international bidding process and long-term contract for the supply of hydrogen and steam for refinery units in Assam.

Shardul Amarchand Mangaldas & Co

At Shardul Amarchand Mangaldas & Co, the department counts government authorities and investors as key clients, and is well known for its strength in advising on transactions in relation to oil and gas, airports, and road projects. The team’s experience spans negotiating concession agreements, EPC contracts, and project finance and infrastructure matters. New Delhi-based practice head Jatin Aneja regularly acts for multinational clients in the energy and urban infrastructure sectors, while Anurag Dwivedi advises on structured finance and debt capital market transactions in the projects space. Deepto Roy represents construction contractors and financial institutions, and Kushal Sinha focuses on joint ventures and M&A transactions.

Practice head(s):

Jatin Aneja

Other key lawyers:

Anurag Dwivedi; Debashree Dutta; Deepto Roy; Kushal Sinha; Prashant Sirohi; Shashwat Kumar; Siddhartha Sen; V.R. Neelakantan; Samridha Neupane

Key clients

Brookfield Asset Management Inc.

Canada Pension Plan Board (CPPIB) and Ontario Teachers Pension Plan (OTPP)

State Bank of India

Yamuna International Airport Private Limited (a wholly owned subsidiary of Flughafen Zürich AG)

Tata Motors Limited

State Bank of India, Bank of Baroda, Axis Bank of India and India Bank

HDFC Bank Limited

TATA Cleantech Capital Limited

REC Limited

Work highlights

  • Assisted the State Bank of India, Bank of Baroda, Axis Bank of India and India Bank by Torrent Gas Chennai Private in respect of the financing for building, operating and expanding the city gas distribution network and ancillary infrastructure in Chennai and Tiruvallur.
  • Advised Dalavaipuram Renewables Private Limited on setting up and implementing a 272.4 MW wind-solar hybrid power project, involving financing provided by Power Finance Corporation Limited.
  • Advised the client on setting up a joint venture company for establishing a green field refinery and petrochemicals project at Nagapattinam in Tamil Nadu.


With a multi-disciplinary team noted for its expertise in M&A, regulatory compliance, project development and project finance, Trilegal‘s energy and infrastructure practice is highly regarded for its representation of Indian and global entities, investors and project developers. Upstream oil and gas, gas transportation and storage, renewable energy and nuclear power are key sector strengths. Operating from Mumbai and New Delhi, department head Neeraj Menon specialises in handling EPC contracts and financing agreements, and Gurugram-based Saurabh Bhasin focuses on project development and finance matters. Nayantara Nag is well versed in handling joint venture and M&A transactions, while Amar Narula routinely assists major renewable energy companies. The firm’s former founding partner Akshay Jaitly returned to the firm in April 2023, and Astha Srivastava focuses on social infrastructure initiatives.

Practice head(s):

Neeraj Menon

Other key lawyers:

Saurabh Bhasin; Nayantara Nag; Amar Narula; Gautam Chabra; Niharika Puri; Riyaz Bhagat; Swathy Pisharody; Astha Srivastava


‘One of the team’s most impressive strengths lies in their comprehensive approach to problem-solving. Rather than just offering legal advice in isolation, they possess a remarkable ability to intertwine legal, regulatory, and industry knowledge to offer holistic solutions that address both current challenges and future possibilities. This forward-thinking approach is a testament to their ability to anticipate potential obstacles and provide proactive solutions, a quality that’s truly invaluable in the fast-paced world of power and energy.’

‘While other law firms also offer expertise in power and energy law, Trilegal’s team goes above and beyond by fostering relationships built on trust, transparency, and a genuine understanding of each client’s unique needs. When compared to other firms, it’s clear that they don’t just follow industry standards – they set new benchmarks that others aspire to achieve.’

‘What distinguishes Neeraj Menon is not just his impressive legal acumen, but also his unwavering dedication to his clients. His ability to understand complex legal matters and distill them into practical solutions is truly remarkable. But what truly makes him shine is his commitment to going above and beyond to ensure his clients’ success. His genuine concern for his clients’ best interests, coupled with his exceptional problem-solving skills, creates a winning formula that consistently delivers outstanding results.’

Key clients

Actis Advisors Private Limited

Envision Energy

Arcelor Mittal Nippon Steel India Ltd.

NTPC Vidyut Vyapar Nigam Limited

Virescent Infrastructure Investment Manager Private Limited

Amplus IRU Private Limited

Sprng Energy Private Limited


Johnson Matthey Plc.

Apraava Energy Private Limited

RMZ Corp

Technique Solaire

JSW Renew

Amplus Solar

Sterlite Power

Ola Electric

Port of Singapore Authority

Ayaana Renewable Power


Highways Concession

Torrent Skypower


Work highlights

  • Advised Edelweiss Alternate Asset Advisors and Infrastructure Yield Plus II (a fund managed by Edelweiss Alternatives) on the acquisition of a 100% stake in L&T Infrastructures Development Projects from Larson & Toubro Ltd and CPPIB Investments.
  • Advised Kohlberg Kravis Roberts (KKR) on its USD 450 million investment in the renewable energy portfolio of Hero Future Energies (HFE), the renewable energy arm of the Hero Group.
  • Advised Copenhagen Infrastructure Partners on entering into a a long-term partnership with Viviid Renewables Private, via its markets fund, in order to collaborate and develop multiple renewable projects.

DSK Legal

The ’collaborative and solution-oriented’ team at DSK Legal assists governments, concessionaires, and contractors with all aspects of bids, consortium arrangements, and EPC contracts. Key areas of instruction for the group include highway infrastructure projects, renewable energy-related M&A transactions, and complex power purchase agreements. New Delhi-based Dinesh Pardasani and Samir Malik have extensive expertise in advising on cross-border transactions and regulatory compliance. In Mumbai, Anjan Dasgupta specialises in energy project finance, Ajay Shaw focuses on supply contracts, and Avinash Kumar Khard represents stakeholders in finance transactions. Ashish Pahariya is very experienced in handling railway projects, and associate partner Rimali Batra acts on oil and gas matters.

Practice head(s):

Anjan Dasgupta; Ajay Shaw; Dinesh Pardasani; Samir Malik; Avinash Kumar Khard; Ashish Pahariya

Other key lawyers:

Rimali Batra; Roochi Loona; Iti Agarwal


‘The team is very collaborative and solution oriented. They are very attentive to clients’ needs.’

‘Dinesh Pardasani is a great professional who provides in depth and strong solutions for clients. He is always prompt, always available and ensures the best possible solutions for disputes.’

‘Dinesh Pardasani provided a conscientious client service.’

‘DSK Legal has an experienced team of lawyers.’

‘A team of dedicated and motivated lawyers.’

Key clients

City and Industrial Development Corporation of Maharashtra Limited

Pune IT City Metro Rail Limited

Brihanmumbai Electric Supply and Transport


Maharashtra Tourism Development Corporation Limited

Megha Engineering and Infrastructures Limited

MSI Global Private Limited

Mumbai Port Trust

RITES Limited

Gail (India) Limited

ArcelorMittal Nippon Steel Limited

Aurelius Healthcare Investments BV

Ayursundra BV

Canara Bank

Hindustan Infralog Pvt Ltd

DP World

GMR Hyderabad International Airport Limited

GMR Airports Limited

J M Baxi Group

Phelan Energy Group Limited

Athaang Infrastructure Private Limited

TATA Projects Limited

Udit Infraworld Private Limited

Renew Power Private Limited

UPL Limited

National Investment and Infrastructure Fund Limited

Ministry of Railways, Government of India and RITES Limited

KPMG Restructuring

Cargo Service Center (India) Private Limited and Delhi Cargo Service Center Private Limited

Azure Power

Sterlite Technologies Limited

Indian Strategic Petroleum Reserves Limited

Schwihag AG

Marquardt India Private Limited

Bhilai Engineering Corporation Ltd (BECL)

IDE Water Assets Limited (IDE) (earlier known as IDE Technologies Limited)

Jindal Saw Limited (“JSAW”)

Hitachi Rail STS India Private Limited


GHV (India) Pvt. Ltd.

Petroleum and Natural Gas Regulatory Board

Cushman & Wakefield Property Management Services India

GAIL (Gas) Limited and GAIL (India) Limited



Cognita Asia Holdings Pte Ltd

J. R. Simplot Company, USA`

Terminal Investment Limited Sàrl

Keolis SA

Work highlights

  • Advised ReNew Power Private Limited on its acquisition of a 527.9MW wind and solar asset portfolio.
  • Advising engineering services company RITES Limited, involving rail regulatory matters; the client is assisting the Ministry of Railways.
  • Advised the City and Industrial Development Corporation of Maharashtra Limited on the Navi Mumbai International Airport project.

Economic Laws Practice

With expertise spanning the whole spectrum of investment, finance, and construction matters, Economic Laws Practice is often instructed in high-profile infrastructure projects and renewable energy matters. Noted for its substantial strength in the hospitality and shipping sectors, the team routinely advises domestic and international clients throughout the tender bidding process, with Mumbai-based practice heads Sujjain Talwar and Aakanksha Joshi acting on cross-border infrastructure projects and hospitality transactions. Associate partner Megha Agarwal assists clients with project financings and corporate transactions.

Practice head(s):

Sujjain Talwar; Aakanksha Joshi

Other key lawyers:

Megha Agarwal

Key clients

Dubai Ports World (DP World)

Island Star Mall Developers Private Limited (ISML), a subsidiary of Phoenix Mills Limited

Reliance Power Limited (RPL)

Phoenix Mills Limited

Bharat Forge and Godrej Industries

SAMHI Hotels (Ahmedabad) Private Limited (SHAPL) and Argon Hotels Private Limited (Argon) (subsidiaries of SAMHI Hotels Limited)

JM Baxi Ports and Logistics Limited

L&T Transportation Infrastructure Limited


The practice at IndusLaw has in-depth expertise in handling all elements of project development, M&A transactions, and investments in the infrastructure and energy sector. The team has considerable strength in assisting with the entire lifecycle of energy projects. Based in Delhi, Arun Kumar advises on divestments and joint ventures in the construction and real estate sectors, while in Hyderabad, Deepak Chowdhury is a key practitioner for handling contractual and regulatory matters.

Practice head(s):

Deepak Chowdhury; Arun Kumar


‘Experienced, problem-solving, solution oriented.’

Key clients

Axis Green Energy/ Brookfield

Greenko Energy

Ecoren Energy

Amp Energy

IB Vogt GmbH

Vibrant Energy

Renew Power

Sunsure Energy


Adani Green Energy

Torrent Power

Cleantech Solar

First Energy

Mahindra Susten

Oriano Solar

Sameera Warehouster



JM Baxi

Ingka Group

Olympia Group

Work highlights

  • Assisted Adani Ports & SEZ via its subsidiary, Adani Harbour Services, with its acquisition of a 100% stake in Ocean Sparkle.
  • Advised Mahangar Gas Limited on entering into a share purchase agreement for the acquisition of a 100% stake in Ashoka Gas, via purchasing shares in Ashoka Buildcon Limited and North Haven Indian Infrastructure Fund.
  • Advised  ReNew India on its acquisition of a majority stake in 3E NV, a technology and SaaS company providing digital solutions to maximise the performance of renewable energy assets.

Kochhar & Co.

At Kochhar & Co., the team specialises in advising on complex project financing matters, M&A transactions, and commercial EPC contracts. The group also regularly advises large domestic companies and multinational infrastructure entities on investments in India, as well as renewable energy, financing, and e-mobility matters. Pradeep Ratnam and Krishna Vijay Singh co-head the practice, and stand out for bringing vast experience in infrastructure development and structured finance matters to the group. Parul Verma handles concession and joint venture agreements. Principal associate Humera Niyazi is well versed in handling project development matters, and associate Swapnil Sant acts on behalf of sponsors and developers. All named practitioners are based in New Delhi.

Practice head(s):

Pradeep Ratnam; Krishna Vijay Singh

Other key lawyers:

Purusharth Singh; Parul Verma; Swapnil Sant; Humera Niyazi

Key clients

Torrent Saurya Urja 2 Private Limited

KP Energy Limited

Onix Structure Private Limited

TEPSOL Projects Private Limited (a subsidiary of US based Enfinity Global Inc.)

Renew Power Private Limited (Renew Power) and Renew Solar Power Private Limited

Gas Authority of India (GAIL)

Khargone Transmission Limited

Radiance Renewables Private Limited

Tata Cleantech Capital Limited

Piramal Capital and Housing Finance Limited

Arka Fincap Limited

Work highlights

  • Assisting ReNew Group, one of India’s largest renewable energy companies, with its partnership with PETRONAS’ clean energy subsidiary, Gentari.
  • Advising Torrent Power Limited on an upcoming 300 MW wind energy project, involving the negotiation of EPC contracts.
  • Advising Gas Authority of India (GAIL) on its INR 25,000,000,000 bid for JBF Petrochemicals Limited.

Krishnamurthy and Co

With extensive expertise in project finance, consortium finance, and structured finance transactions, Krishnamurthy and Co's projects team is frequently called upon to advise on renewable energy and infrastructure mandates. With a strong track record in handling EPC contracts and joint venture agreements, Rukmini Roychowdhury leads the group from Mumbai, and often acts for banks and debt funds. Based in Bengaluru, Rashmi Deshpande fields expertise in handling private equity investments in real estate.

Practice head(s):

Rukmini Roychowdhury

Other key lawyers:

Rashmi Deshpande

Key clients

Hygenco Green Energies Private Limited

Renewables Solar Holding GmbH


Tata Cleantech Capital Limited

Reliance Industries Limited

Electricway Solutions Private Limited

Zast Logisolutions Private Limited

Work highlights

  • Advised Hygenco Green Energies Private Limited on its USD 25 million fundraising via the SVL-SME Fund.
  • Advised Reliance Industries Limited on its acquisition of a 40% stake in Sterling and Wilson Solar Limited, completed via the client’s subsidiary RNESL.
  • Advised Renewables Solar Holding GmbH on its sale of RWE Solar India Pvt to Star Aeliana 1 Pte.

Luthra and Luthra Law Offices India

With an excellent reputation for acting on behalf of developers, contractors, and foreign investors, Luthra and Luthra Law Offices India handles all aspects of the infrastructure bidding process, project agreements, and EPC contracts. Key sectors of focus include oil and gas, transport, and mining, and the team also stands out for its expertise in handling solar power development projects. In Mumbai, Deepak Kumar Thakur fields expertise in handling M&A deals, and Piyush Mishra advises on bidding processes.

Practice head(s):

Piyush Mishra; Deepak Kumar Thakur; Shonali Choudhry; Nishant Singh; Karan Mitroo; Girish Rawat


‘The projects, energy and infrastructure team has been immensely client-centric, and provided insightful legal advice.’

‘Deepak Thakur has been exceptional.’

Key clients

Kosmo One Business Park Limited, a subsidiary of Nucleus Business Parks

Azure Power Global Limited

Azure Power


Amplus Solar Power Private Limited

UPC Renewables (i.e. UPC Solar Asia Pacific) and its wholly owned SPV, Masaya Solar Power Private Limited (Masaya Solar).

TPAC Packaging India Private Limited

Hyderabad Metro Rail Limited


O2 Power

NIIF Infrastructure Finance Limited

HSBC and Roth Capital Partners

Renew Power

Indian Renewable Energy Development Agency Limited

SVL-SME Fund (Neev II Fund)

Fourth Partner Energy Private Limited

Arcelor Mittal Nippon Steel (“AMNS”)

Sterling & Wilson Private Limited

Work highlights

  • Assisted ArcelorMittal Nippon Steel with construction contracts worth INR 6944 Crores.
  • Assisted UPC Renewable (through its SPV, Masaya Solar) with developing a 300 MW solar power project in Madhya Pradesh.
  • Assisted ArcelorMittal with its bid to acquire Sprng Energy.

Phoenix Legal

At Phoenix Legal, the team is highly regarded for handling oil and gas sale purchase agreements, as well as corporate transactions for infrastructure companies. The practice has extensive experience in advising entities in the crude oil and LNG sectors, and boasts a growing presence in the renewables arena, often assisting with wind, hydro, and solar mandates. Operating out of New Delhi, Abhishek Saxena is an expert on joint venture and M&A transactions, and Pranav Srivastava focuses on infrastructure and power-related mandates. Pallavi Bedi and Mumbai- based Aditya Bhargava are key individuals to note.

Practice head(s):

Abhishek Saxena; Pallavi Bedi; Pranav Srivastava; Aditya Bhargava; Harsh Arora

Other key lawyers:

Ashita Bali


‘Very thorough and timely advice.’

‘Pallavi Bedi has a very professional approach in advising clients.’

‘Team has knowledge, understanding, sincerity and dedication. Excellent analytical ability.’

‘Pallavi Bedi has excellent subject knowledge, and provides solutions which are practical and result oriented. Excellent legal professional.’

Key clients

Penn Energy International Renewables ULC (“Penn”)

Nippon Audiotronix Private Limited (“Nippon”)

Konkan LNG Limited

A large global pharmaceutical company

Toshiba JSW Power Systems Private Limited (“Toshiba”)

Padah LNG FZE (“Padah”)

Sojitz Corporation (“Sojitz”)

ARG Outlier Media Private Limited (“ARG”)

Asian Development Bank (“ADB”)

A consortium of shipowners

Saraf and Partners

The team at Saraf and Partners is well-versed in assisting clients drawn from the infrastructure, energy, and natural resources sectors with EPC contracts, negotiating power purchase agreements, and equity investments. The group assists developers, contractors, and financial institutions with the whole spectrum of regulatory, compliance and development issues concerning high-profile infrastructure projects. Practice co-head Mohit Saraf, based in New Delhi, has extensive experience of advising on infrastructure matters within the energy and aviation sectors. In Mumbai, practice co-head Bikash Jhawar handles complex renewable energy work and M&A transactions.

Practice head(s):

Mohit Saraf; Bikash Jhawar

Other key lawyers:

Alok Shankar; Rohit Raghavan; Abir Lal Dey; Satadru Goswami

Key clients

JSW Group

LIC Housing Finance Limited

State Bank of India

SBI Capital Markets Limited

Adani Group

Shapoorji and Pallonji Group

Maharashtra State Road Development Corporation Limited

Indus Towers Limited (Formerly Bharti Infratel Limited)

Mizuho Bank, Ltd., MUFG Bank, Ltd., GIFT Branch

Sumitomo Mitsui Banking Corporation Singapore Branch

Home Credit India Finance Private Limited

Union Bank of India

Credit Saison Group

Blackstone Group

Indiabulls Group

Vedanta Group

GMR Group

ICICI Bank Limited

Axis Bank Limited

IndusInd Bank

Kotak Mahindra Bank Limited

Kotak Infrastructure Debt Fund

Aseem Infrastructure Limited

Aditya Birla Finance Limited

Aditya Birla Renewables

Radiance Renewables

AMP Solar

ReNew Group

National Asset Reconstruction Company Limited

Grant Thornton


Bank of India

Bank of Baroda

BOB Capital Markets Limited

IDBI Bank Limited

IDBI Capital Market Services Limited

IndInfravit Trust

Avaada Group


Mitsubishi UFJ Financial Group

Xander Group

Work highlights

  • Advised the State Bank of India in relation to the financing of the Navi Mumbai International Airport.
  • Assisted LIC Housing Finance Limited as issuer, and Catalyst Trusteeship Limited as trustee, with the issuance of non-convertible debentures, with an aggregate value of USD 4.9 billion, on a private placement basis.
  • Advised Kutch Copper Limited (“KCL”) on a construction finance matter, involving a syndicated club loan of US$743 million from a consortium of banks led by State Bank of India.

Spice Route Legal

The team at Spice Route Legal focuses on handling renewable energy projects, including solar and hydrogen, as well as the financing and development aspects of project bids. The group garners praise for its 'outstanding talent' in assisting with energy and data-related regulatory matters in tandem with general corporate and M&A advisory work. With the department based in Mumbai, Praveen Raju leads the practice, routinely acting on behalf of prominent entities in the solar energy sector, while senior associate Janhavi Joshi has established strength in advising on hydrogen-based energy mandates and e-mobility matters.

Practice head(s):

Praveen Raju

Other key lawyers:

Janhavi Joshi


‘Highly responsive, global leaders in this area.’

‘Praveen Raju is an outstanding business partner – sources the best talent, highly responsive, commercially minded and understands international nuances. Janhavi Joshi is a rising superstar in this field. Brilliant mind and is always professional.’

‘Janhavi Joshi is exceptional.’

Key clients

Aerem Solutions

Aveva Group Plc

Chalo Mobility Private Limited

Greenko Group

India Power Corporation Limited (IPCL)

Mercedes-Benz Group

MLR Auto

Mozev (Mytrah Mobility)

Neogen Chemicals

Ohm Mobility

Ohmium International, Inc.

Sensehawk Inc.

Sistema Bio

Work highlights

  • Advised Ohmium International on its US$250 million fundraising from global investors, concerning the green hydrogen sector.
  • Advising Ohmium International Inc. on its participation in multiple tenders, such as its bids in response to NTPC Limited’s tender for the selection of a PEM Electrolyser Technology Provider (400MW capacity) and non-PEM Electrolyser Technology Provider (600MW capacity).
  • Assisted SenseHawk Inc., an analytics platform for solar energy companies, with the sale of a 79% stake worth US$32 million in the company to Reliance Industries.

Archeus Law

Archeus Law's projects team specialises in handling contentious and non-contentious projects and infrastructure matters, and counts major multinational companies and financial institutions as key clients. In Delhi, Ranjit Prakash has expertise in international arbitration proceedings, and Rajdeep Choudhury has established strength in commercial litigation. In Bengaluru, Arun Mani frequently assists with EPC contracts, and Anshuman Pande is sought after by stakeholders, contractors, and lenders.

Practice head(s):

Ranjit Prakash; Arun Mani; Rajdeep Choudhury; Anshuman Pande

Other key lawyers:

Abhinav Raghuvanshi; Apara Mahishi

Key clients

NCC Ltd.

M/s Shanghai Tunnel Engineering Corporation & M/s

SUCG Infrastructure India Pvt. Ltd.

Bihar State Road Development Corporation

SEPCO III Electric Power Construction Co. Ltd.

M/s Beijing SPC Environment Protection Tech Pvt. Ltd.


Shandong TIEJUN Electric Power Engineering Company Ltd (STEPCL)

Korea Electric Power Company – Plant Service & Engineering Co. Ltd. – KEPCO KPS

Shandong TIEJUN Electric Power Engineering Company Ltd (STEPCL)

Work highlights

  • Assisting SEPCOIII Electric Power Construction Corporation and its subsidiaries, namely HTG and Shanding Tiejun, with project and contractual matters relating to power plant projects in India.
  • Advising NCC Ltd., a publicly listed construction company, on multiple metro rail, housing and other urban infrastructure projects.
  • Assisting the M/s Shanghai Tunnel Engineering Corporation and its Indian subsidiary M/s SUCG Infrastructure India Pvt. Ltd. with project and contractual matters concerning Indian metro rail projects, including Delhi Metro, Mumbai Metro and Chennai Metro.

BRUS CHAMBERS, Advocates & Solicitors

BRUS CHAMBERS, Advocates & Solicitors is highly regarded for assisting with shipping and port development mandates, as well as advising on complex joint ventures in the renewable energy sector. Based in Mumbai, Shrikant Hathi has in-depth knowledge of project finance in the infrastructure and energy spheres, while Uttam Hathi focuses on restructurings and providing corporate advice within the space. Associate Aanchal Chaurasia acts on work within the oil and gas sector.

Practice head(s):

Shrikant Hathi; Uttam Hathi; Pritish Das; Suhail Farooqui

Other key lawyers:

Aanchal Chaurasia

Key clients


Patanjali Foods Ltd

Maharashtra Krishna Valley Development Corporation

Shree Krishna Stevedores Pvt Ltd

Aarohi Polypack

UltraTech Cement

Tekla Bio-Energy


Zykaa Spices & Food Pvt Ltd

Aayana Renewable Power

IFFCO Tokio General Insurance

Ford Motor Company

Garden Reach Shipbuilders & Engineers (GRSE)

Kolkata Port Trust

Avvashya CC Logistics Pvt Ltd

Hiranandani Energy

Ujaas Energy Ltd

GMR Infrastructure

JA Solar

Techno Electric Engineering

Hindustan Construction Co. Ltd

HCC Concessions Ltd

Dhamra Port Company Ltd

Kandla Port Trust (KPT)

Work highlights

  • Advising on all documentation concerning a joint venture between Abba Developer and Shree Krishna Stevedore Pvt for the establishment of the International Deepwater Seaport Project.
  • Advising the MKVDC on contractual matters in relation to the construction of an irrigation project.
  • Providing ongoing advice to spice manufacturer, exporter and supplier Zykaa Spices and Foods Pvt Ltd on its expansion.


With vast experience in advising foreign and domestic power companies and state electricity boards on IPPs, renewable energy initiatives, and nuclear power projects, Gagrats' team has solid expertise in the projects and energy arena. Operating out of Mumbai, Rustam Gagrat is an expert in EPC contracts; Krunal Gadhia is well versed in infrastructure projects; and Uma Nagarajan specialises in renewable power matters. Arpana Dhariwal and Manoj Mohapatra are names to note.

Practice head(s):

Rustam Gagrat; Krunal Gadhia; Uma Nagarajan

Other key lawyers:

Arpana Dhariwal; Manoj Mohapatra

Juris Corp

The projects and energy practice at Juris Corp has established strength in assisting international commercial banks and domestic financial institutions. Mumbai-based firm co-founder Jayesh H fields expertise in handling M&A deals, private equity transactions and complex power purchase agreements. Vedanarayanan Lakshmanan is well versed in regulatory matters. In New Delhi, Ankit Sinha regularly acts on behalf of clients from the aviation and energy sectors.

Practice head(s):

Jayesh H; Vedanarayanan Lakshmanan; Ankit Sinha; Saurabh Sharma; Apurva Kanvinde

Other key lawyers:

Rupul Jhanjee; Akshay Kelkar


‘Great to work with. Knowledgeable of the Indian market and cross-border deals.’

‘Saurabh Sharma is a leading Indian lawyer for banking and finance, always a pleasure to work with him and his team. Ankit Sinha is another heavyweight for the team.’

Key clients

Axis Bank Limited

Bank of Baroda

State Bank of India

Birla Corporation Limited

Punjab National Bank

Reliance Industries Limited

DBS Bank Ltd. and DBS Bank India Limited

Japan International Cooperation Agency

Provenance Land Private Limited

ICICI Bank Limited

Housing Development Finance Corporation Limited

Union Bank of India

Deepak Fertilisers and Petrochemicals Corporation Ltd.

Work highlights

  • Advised the Standard Chartered Bank in relation to a INR 250,000,000 facility extended to T-Hills Private Limited.
  • Advised Provenance Land Private Limited on obtaining a INR 5,900,000,000 credit facility from the Hongkong and Shanghai Banking Corporation, relating to two projects.
  • Advised Housing Development Banking Finance Limited on a facility for an infrastructure project.

Legacy Law Offices

Legacy Law Offices' practice garners praise for its 'admirable' strength in handling high-profile infrastructure development projects. In Chandigarh, practice co-head Shalini Munjal has over two decades of experience in advising on energy and infrastructure mandates, and in New Delhi, practice co-head Gagan Anand is well versed in handling project development and financing matters. Amarendra Gogoi is a key name for corporate-related matters. Chandigarh-based associate partner Eshjyot Walia is a practitioner to note.

Practice head(s):

Gagan Anand; Shalini Munjal; Amarendra Gogoi

Other key lawyers:

Eshjyot Walia; Nandish Munjal


‘Gagan Anand and Shalini Munjal are experts in handling national and international projects and have been working in the sector for decades. The work conducted by their team is exemplary.’

‘The projects and energy practice is unique and well-established. The polished manner in which the team renders services for different projects reflects their expertise in their sector.’

‘Gagan Anand’s and Shalini Munjal’s expertise is commendable and appreciated. Not only do they work diligently for every project, but their guidance to the team of lawyers is also visible.’

‘The lawyers are extremely proficient and diligent. They work with utmost sincerity and provide ample support for the successful completion of each project.’

‘We are extremely happy with the quality of deliverables and the timely assistance provided by the legal professionals.’

‘ Gagan Anand and Shalini Munjal have proven expertise which is sourced from a rich background and is reflected in their work.’

‘The professional quality of the lawyers is extremely high and admirable. They work in a distinctive manner with an equal focus on time and quality.’

‘Shalini Munjal is a highly experienced and meticulous lawyer. Her expertise, in addition to the strength of her team, has proven to be quite beneficial for all projects.’

Key clients

Department of Industries, Government of Himachal Pradesh

Sadbhav Engineering Ltd

Rohan Rajdeep Tollway Pvt Ltd

M/s Air Himalayas Aircrafts and Adventures Pvt Ltd

Meinhardt Pte Ltd

ANS Constructions Pvt Ltd

Pyramid Builders

Dhruv Consultancy Services Ltd

SPS Biochem Pvt Ltd

M/s Rodic Consultants Pvt. Ltd

Work highlights

  • Assisted Meinhardt Singapore Pte with contractual matters in relation to the construction of the Statue of Oneness at Madhya Pradesh.
  • Advised the Department of Industries (Himachal Pradesh) on the development of India’s first Bulk Drug Park.
  • Assisted ICT Pvt Ltd with the Long Thanh Expressway construction project.

S&A Law Offices

With specialist knowledge in the waste management, infrastructure, and energy sectors, the team at S&A Law Offices routinely offers advice on litigation and arbitration in this space. The group’s expertise also takes in labour laws and tax matters. In New Delhi, counsel Manoj Kumar Singh regularly represents clients in cross-border financial and investment disputes, and Vijay Kumar Singh and Daizy Chawla are sought after for advising on complex M&A transactions. Gurugram-based Gunita Pahwa is a key contact for dispute resolution and commercial work.

Practice head(s):

Manoj K Singh; Gunita Pahwa; Vijay K Singh; Nilava Bandyopadhyay; Rajdutt Shekhar Singh

Other key lawyers:

Daizy Chawla; Manish Gopal Singh Lakhawat; Anurag Abhishek

Key clients

Kalpataru Project International Limited

Adani Vizag Coal Terminal Private Limited

Adani Vizag Coal Terminal Private Limited

India Coke & Power Pvt Ltd

Twenty First Century Mining

Adani Ports Special Economic Zone Limited (APSEZL)

Talabira (Odisha) Mining Private Limited (TOMPL)

Adani Enterprises Limited

Jindal ITF Limited.

Vikram Solar Limited (VSL)

Jhar Mining Infra Private Limited

JITF Urban Waste Management (Ferozepur) Ltd.

JITF Urban Waste Management (Bathinda) Ltd.

JITF Urban Waste Management (Jalandhar) Ltd

Parsa Kente Collieries Limited

Adani Ennore Container Terminal Private Limited

Adani Vizhinjam Sea Port Pvt Ltd

RattanIndia Enterprises Limited

Gidhmuri Paturia Colleries Private Limited

Sterlite Technologies Limited

IMR Metallurgical Resources AG

Adani Global PTE

Timarpur Okhla Waste Management Company Limited (TOWMCL)

Jhar Mining Infra Private Limited

Gidhmuri Paturia Colleries Private Limited

Sagus Legal

The team at Sagus Legal frequently advises governmental organisations, EPC contractors, and financial institutions on all aspects of project finance and development, and is well known for its extensive regulatory knowledge. New Delhi-based practice head Anand Srivastava brings over a decade of experience in the infrastructure and energy sector to the department, and has noted strength in contentious work. Shivam Sinha, who made partner in May 2023, specialises in handling mandates from the oil and gas sector.

Practice head(s):

Anand Shrivastava

Other key lawyers:

Shivam Sinha


‘The team has excellent understanding of the infrastructure and energy sectors.’

‘The quality of drafting is exceptional, which demonstrates their deep understanding of the complexities of the infrastructure sector.’

‘The team is made up of skilled and knowledgeable individuals who are always willing to rise to the challenges faced in the industry and strive to find lasting solutions to the cases.’

‘Excellent team with diverse backgrounds and expertise. Partners are readily accessible.’

‘Knowledge, experience and turnaround speed are excellent.’


Key clients

TP Central Odisha Distribution Limited (“TDCODL”)

TP Northern Odisha Distribution Limited (“TDNODL”)

West Bengal Power Development Corporation Limited

Coastal Gujarat Power Limited

The Tata Power Company Limited

Tata Power Delhi Distribution Company Limited

West Bengal State Electricity Distribution Company Limited

Bihar State Power Holding Company Limited

West Bengal Power Development Corporation Limited

Maithon Power Limited

Tata Power Renewable Energy Limited

TP Southern Odisha Distribution Limited (“TPSODL”)

Work highlights

  • Represented The Tata Power Company Limited – Distribution before the Supreme Court of India in a matter concerning interpretation of statutory provisions for the qualification of a power plant as a captive generating plant.
  • Acted for TP Central Odisha Distribution Limited before the Appellate Tribunal for Electricity in relation to a matter where Indian Railways is seeking ‘deemed distribution licensee’ status under the Electricity Act, 2003.
  • Representing Tata Power Renewable Energy Limited in an ongoing matter involving a claim that the increase in the Basic Customs Duty, as well as the extension of the safeguard duty after the execution of the Power Purchase Agreement, qualifies as a ‘change in law’ under the client’s contracts.

Samvad Partners

With expertise in acting on behalf of project sponsors, infrastructure funds, and private equity players, the team at Samvad Partners has a solid track record in handling mandates from the oil and gas, ports, and renewable energy sectors. The group has strength in advising on EPC contracts and concession agreements. Mumbai-based practice head Vineetha MG has recognised expertise in infrastructure and energy matters, and frequently handles project finance work. Sitara Pillai focuses on solar energy and real estate issues, and principal associate Dhanusha Chandran acts on structured finance transactions.

Practice head(s):

Vineetha MG

Other key lawyers:

Sitara Pillai; Dhanusha Chandran; Akshay Maheshwari; Nitya Gupta; Vishal Prakash; Namit Gehlot; Manan Sheth

Key clients

Axis Bank Limited

Avendus Finance Private Limited

Continuum Wind Energy (India) Private Limited

Continuum Power Trading (TN) Private Limited

Deepak Fertilisers and Petrochemicals Corporation Limited

HDFC Bank Limited

ICICI Bank Limited

India Infradebt Limited

India Resurgence Fund

JP Morgan

JM Baxi Ports and Logistics Limited

Incred Financial Services Limited (formerly known as KKR India Financial Services Limited)

L&T Infrastructure Finance Company Limited

L&T Finance Limited

Trinethra Wind and Power Private Limited

Samena Capital

Watsun Infrabuild Private Limited

Yes Bank Limited

Work highlights

  • Acted as counsel to Essar Oil and Gas Exploration and Production Limited during the entire process of its restructuring.
  • Advised Incred Financial Services Private on its investment in Hindupur Solar Power Private, concerning non-payment of dues by Southern Power Distribution Company of Andhra Pradesh Limited to Hindupur.

Sarthak Advocates & Solicitors

Sarthak Advocates & Solicitors' practice is highly recommended for advising private equity firms and high-profile companies on energy law, infrastructure finance, and transport matters. Based in New Delhi, Abhishek Nath Tripathi and Mani Gupta jointly head the team; Tripathi specialises in handling complex M&A transactions within the energy sector, and Gupta is well known for advising on regulatory compliance issues. Apoorva Chandra is an expert on private equity and real estate matters.

Practice head(s):

Abhishek Nath Tripathi; Mani Gupta

Other key lawyers:

Apoorva Chandra; Anubhav Tiwari; Avantika Shukla; Aman Choudhary

Key clients

Bharat Heavy Electricals Limited

Satluj Jal Vidyut Nigam Limited

SunSource Energy Private Limited

Africa Energy SA

Alpur Solar Private Limited

Lone Crypres Ventures Private Limited

New Age Markets in Electricity Private Limited

Bureau of Energy Efficiency (BEE)

Kranthi Ediffice Private Limited

Work highlights

  • Assisted Bharat Heavy Electrical Limited with the tender and bid process for an EPC contract for a thermal power project of 300 MW.
  • Assisted SunSource Energy Private Limited with a debt financing for a 30MW solar power project.
  • Assisted Africa Energy SA with renegotiating a power purchase agreement with Senelec SA concerning the change from a coal-fired power project to a gas-fired power project.

Talwar Thakore & Associates

At Talwar Thakore & Associates, the practice has vast expertise in handling instructions from the oil and gas, mining, and infrastructure sectors. The team fields deep knowledge of the Indian regulatory landscape and complex project development matters. New Delhi-based practice head Gautam Saha, an expert in M&A and private equity transactions, re-joined the firm from AZB & Partners in August 2022. Feroz Dubash specialises in joint ventures, Pallavi Meena is experienced in handling cross-border project financings, and Dushyant Bagga advises on all aspects of corporate and commercial matters. The team is further boosted by Akshay Malhotra (partner) who joined in July 2023.

Practice head(s):

Gautam Saha

Other key lawyers:

Feroz Dubash; Pallavi Meena; Dushyant Bagga; Ambarish Mohanty; Akshay Malhotra

Key clients

Asian Development Bank

National Infrastructure and Investment Fund (NIIF)

Aseem Infrastructure Limited

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) and Société de Promotion et de Participation pour la Coopération Economique (Proparco)

KNI India AS (KNI)

Dalmia Bharat Refractories Limited

U.S. International Development Finance Corporation

ATC Telecom




Work highlights

  • Assisted Asian Development Bank with a term loan facility up to USD 131,000,000 issued to Nhava Sheva Freeport Terminal Private, a joint venture company involved in upgrading, operating and maintaining the Jawaharlal Nehru Port Container Terminal.
  • Advised NIIF on a primary equity investment of INR 6.31 billion in GMR Goa International Airport, a special purpose vehicle for the running and operation of the new Goa airport.
  • Assisted DFC with an unfunded guarantee of up to US$ 10 million issued to the Hongkong and Shanghai Banking Corporation Limited, India, under the regulations of the ECB Master Directions, concerning loans to be issued to Punjab Renewable Energy Systems Private and PRES Oorja Private for the construction of briquetting biomass plant projects.