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HSA Advocates

Work (+91) (80) 4631 7000
Bangalore, Kolkata, Mumbai, New Delhi

About the firm

Since the firm's inception in 2003, HSA Advocates (HSA) has consistently been recognised as one of India's foremost and trusted full-service legal advisers to corporates, financial institutions, PE and VC funds, governments and public sector enterprises. Drawing strength from the collective experience of its people, the exceptional diversity of its profiles and deep sector understanding, each lawyer invests in servicing clients with utmost sincerity, keeping the client's interest paramount.

This is demonstrated by the high level of commitment and ability to find pragmatic solutions that are unique and rooted in deep insights of a client's business. This allows the firm to not only help clients mitigate risks but also find solutions that create a pathway of success. The in-depth knowledge of policy/legal/regulatory and commercial risks and the subtle nuances that influence the underlying sectors/industries is a key differentiator that sets the firm apart.

Clients acknowledge and recognise HSA for the professionalism and commercial perspective brought to assignments. Its strong commercial acumen, management of transactions in an efficient and cost-effective manner, and address and resolution of demanding commercial and legal issues in a practical manner have always been recognised by clients as strong points of HSA.

Led by a growing collegium of partners who are legal experts of great repute, the firm has a well-established full-service capability to serve clients across multiple industries and sectors including automotive, aviation, banks and financial institutions, e-commerce, education, energy including renewable energy, environment, health and safety, hospitality and healthcare, infrastructure - urban and rural, insurance, manufacturing, media and entertainment, mining and exploration, oil and gas, pharmaceuticals, PPP projects, real estate, retail and FMCG, services sector, smart cities, transport, telecommunication, IT and software.

With offices in New Delhi, Mumbai, Kolkata and Bengaluru, HSA Advocates' credentials are a testimony of its ability to attract the best and brightest talent and the firm's belief in nurturing teams with the requisite skills, in particular cultivating sector-specific expertise.

Some of the marquee transactions handled by HSA in the recent past include:

  1. Altran (a conglomerate headquartered in Paris, France) on acquisition of Aricent and its subsidiaries across the globe.
  2. Royal Group, UAE on a primary investment in Coldrush Logistics a leading logistics and cold supply company in India.
  3. Eternis Fine Chemicals on acquisition of 100% of share capital of AIMS Impex Pvt Ltd.
  4. VPS Healthcare Ltd. , a UAE based company, on the proposed acquisition of controlling stake in Fortis Healthcare Ltd. (along with interest in SRL Diagnostics) and RHT Health Trust, Singapore.
  5. Ostro Energy (Actis GP, LLP) engaged as co-counsel for Project Olive i.e. Sale of Ostro Energy Platform to Renew Power Ventures in a deal valued at USD 1.66 B, enhancing Renew Power’s portfolio to 5,600 MW.
  6. Tata Steel has pursuant to a share purchase agreement with JL Power Ventures acquired majority stake in Bhubaneswar Power, which owns a 135 MW thermal power plant at Anantapur Village in Cuttack, Odisha. Tata Steel already owns 26% stake in the Company along with its subsidiary, TS Alloys.
  7. Burda Druck India Pvt. Ltd. in relation to the bids submitted by it pursuant to the international competitive bidding, which was conducted by the Ministry of Education, Federal Republic of Ethiopia for 5 (five) projects in the educational sector.
  8. Ministry of Renewable Energy and Public Utilities, Republic of Mauritius for drafting and finalising Energy Supply and Purchase Agreement and provided transaction advisory services for Design, Construction, Finance, Operation and Maintenance of a 25-40 MW wind park at Bigara, Mauritius.
  9. Marubeni Corporation (Japan) on issues arising under the PPA entered into by the Project SPV i.e. Dyna Makwoski Power Company with TANGEDCO for sale of power being generated from its 330 MW combined cycle power plant located at Nagai District, TN.
  10. Ministry of Economy & Finance, Kingdom of Cambodia on the operation and maintenance arrangement for paddy/rice storage warehouses and undertaking warehouse receipt financing in Cambodia.
  11. State General Reserve Fund (SGRF), Sultanate of Oman - the Sovereign Wealth Fund of the Sultanate of Oman in relation to proposed acquisition of SPVs which are developing two minor ports (one operational and one at consenting stage).
  12. JSW Infrastructure Ltd. to develop the Berth No. 5 and Berth No. 6 of the Port of Fujairah, so it can be utilized to its fullest extent. This Project is perhaps the first major significant offshore investment by an Indian private infrastructure company in the Port Sector on Public Private Partnership (PPP) BOT basis in the recent times.
  13. Solenergi Power (Energy Fund Platform for Actis GP, LLP London), appointed as a selected bidder for development, operation & maintenance of 250 MW (Unit 3) out of the 750 MW REWA UMPP Solar Power Project at Rewa, Madhya Pradesh, India.
  14. Advising a major international engineering and consultancy firm, France in relation to the 9900 MW Jaitapur nuclear power plant project in Maharashtra. This plant once built would be one of the largest nuclear power generating stations in the world.
  15. IFC, assisted in structuring PPP projects in India, Bangladesh & Philippines pertaining to transport infrastructure, healthcare, solar energy and transmission line.
  16. STEC, China, advising on EPC contracts and joint venture agreements in relation to the development of Package 1 & 7 under Line III of the Mumbai Metro Project.
  17. Cofides, (a joint state & privately owned Spanish company) acted as the legal counsel in relation to a project loan of INR 4,374 Crores taken by one of its Indian investee companies which is developing transmission lines in Uttar Pradesh, India.
  18. CMA Terminals (a French company), acted as the legal counsel in relation to a foreign currency project loan proposed to be availed by its Indian joint venture company which is constructing and developing a new terminal at the deep-water berth container terminal at Mundra, Gujarat.
  19. Orind Refractories, China in an arbitration proceeding initiated under ICA before a tribunal comprising of 3 arbitrators against Rashtriya Ispat Nigam (Vizag).
  20. ReNew Power, Orange Group, Ostro Energy, CLP India, Mytrah Energy, Hero Future Energies & Greenko Group who collectively own 19 wind power projects in Rajasthan in relation to a common issue of ‘forced backing down of generation’ despite having a status of ‘Must Run’ plant.
  21. A Government of India company in relation to multiple international commercial arbitrations seated in London, U.K. & Dubai under the arbitral rules of UNCITRAL arising out of an oil and gas exploration and production project and an oil pipeline transportation project in Africa.
  22. Mumbai International Airport Ltd., assisted in the matter, where the levy of Development Fee at the Airport has been challenged before the Airport Economic Regulatory Authority Appellate Tribunal (AERAAT) by the Airlines on various grounds.
  • Number of lawyers: 110+
  • Languages
  • English
  • Hindi
  • other major Indian regional languages

Above material supplied by HSA Advocates.

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