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Apr 01, 2025

JSW Energy Limited on its acqusition of thermal power plant KSK Mahanadi Power Company Limited.

AZB & Partners acted for JSW Energy Limited in acquiring thermal power plant KSK Mahanadi Power Company Limited under the Insolvency and Bankruptcy Code, 2016. This marks the largest acquisition of a thermal power plant through the IBC process.

Our transaction team comprised of Suharsh Sinha, Avinash Subramanian, Kushagra Pandey, Aditya Mukherjee, Aashirwa Baburaj and Jigme Palzer Tshering. Our due diligence team comprised of Qais Jamal, Yash Chhadva, Rahul Thomas, Prashant Munshi and Parth Goyal. The competition law aspects were handled by Kirthi Srinivas, Varun Thakur, Anmol Awasthi, Nandini Modi, Ashna Mahajan and Ojaswi Bhagat; litigation aspects were handled by Vivek Shetty, Aditi Bhansali, Akilesh Menezes and Aditi Nazre. Special thanks to Bahram Vakil and Nilang T. Desai for their periodic support and guidance. Thanks also to Mr. Ajay Bahl, along with Bharat V Budholia and Kirthi Srinivas for their help in securing the CCI approval.

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These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.

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