Practice Areas » Project Finance

Infrastructure is the backbone of any economy and for a country like India the opportunities are massive, presenting enormous business potential for the private sector. It is also the key to achieving sustainable rate of economic growth.

Infrastructure project finance requires involvement of multidisciplinary teams. We have been engaged in projects in diverse industries such as power (including independent power projects, co-generation and hydro), power transmission and distribution, telecommunications and space (including cellular, cable, mobile, direct broadcast, broadband and satellite imaging systems) and transportation (including airports, metro, rail and roads). Our experience includes asset disposition, restructuring, negotiating credit agreements and credit enhancement agreements and political risk mitigation techniques. In order to support this we regularly draw upon our legal professionals with expertise in supporting fields such as M&A, securitization and international trade. We also work with clients on consortia and contract structures, funding options and strategy, review tender documentation, risk allocation, prepare bid/Information Memorandum, negotiate term sheets, draft diverse documentation, manage the due diligence process  and provide negotiation assistance. In brief, we can manage the entire RFP process as we understand the bidding organizations, funding agencies, and are aware of market developments. We also work seamlessly with the client's project teams to achieve time-bound deadlines on all projects. We highlight potential deal breakers early and help to find a resolution. We have worked with a spectrum of lenders and insurance companies ranging across the globe including Japanese, French and German. We represent developers, commercial lenders, construction contractors, export credit agencies, multilateral lending institutions and equity investors.  Our experience extends to all phases of project development.

Our portfolio includes acting for :
  • Consortium of Japanese, European and Indian entities in varied contracts with Delhi Metro Rail Corporation;

  • European infrastructure companies in negotiating credit agreements and credit enhancements as well as techniques on minimizing and managing risks;

  • Contractors and Lenders on contract structures, financing and funding options in a road project in the state of Gujarat;

  • French and German companies in negotiations with Indian government in public-private partnerships for developing and financing infrastructure projects in India by means of different models including BOT, BLT or BRT, BOO etc.