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Energy


Advancing a comprehensive suite of services in the finite and renewables space.

OUR
PRACTICE

AZB & Partners is widely regarded a leader in the Energy sector. We regularly advise clients on power projects based on thermal, nuclear and renewable sources of energy and in emerging green technologies, including technology–hybrid and round–the–clock projects, Energy–as–a–Service (EaaS) transactions, mini and micro grid installations and e–mobility and oil and gas projects. We also advise clients on setting up manufacturing facilities under the Performance Linked Incentive (PLI) Scheme under the Government of India’s ‘Make–in–India’ programme for producing equipment to be installed in renewable energy projects.    

Our lawyers are experienced in conducting environmental audits and advising clients on the achievement of green targets, by transacting in primary and secondary carbon footprint reduction instruments, setting up structuring green ecosystems and avoiding ‘green washing’. 

Our clients include financial/strategic investors (including Indian and foreign sovereign funds), project companies, sponsors, contractors, government institutions, banks and financial institutions, DFIs, ECAs and technical service providers.

Work Highlights

GET IN TOUCH

Known for its activity on project development as well as energy and infrastructure-related acquisitions. Active advising on project development relating to renewable power, LNG, telecommunications and airport infrastructure. Assists with the setting up of project vehicles and negotiating concession and power purchase agreements and EPC contracts. Draws on the firm's wider expertise for mandates in this space, including lawyers from the competition and corporate practices.

Chambers & Partners Asia–Pacific (2022) on our Projects, Infrastructure & Energy Team

WHAT
WE DO

We tender advice on acquisitions, entry/exit strategies, foreign investment regulations and joint ventures (JVs) and assist with legal/regulatory issues concerning renewable projects to evaluate their feasibility. We draft and negotiate project contracts, including Engineering Procurement Construction (EPC) and Operation & Maintenance (O&M) contracts (under turnkey and split contract structures), investment agreements and the full suite of financing and security documents as lenders’ and borrowers’ counsels. We represent clients in energy sector disputes and regulatory litigation before courts, tribunals and regulatory bodies. 

In the Power sector, our lawyers are also experts in advising on all aspects of greenfield project development, including regulatory framework, transaction structuring, and conducting title diligences; investments in and exits from greenfield and brownfield power projects and platforms; power exchange transactions; fresh debt investments and refinancing and restructuring transactions. In the Oil & Gas sector, our lawyers handle the full range of upstream, midstream and downstream matters, Public Private Partnership (PPP) projects, regulatory issues and franchisee arrangements under DoDo and CoDo arrangements.

Our expertise and experience includes: 

  • Regulatory frameworks advice, permits and consents and regulatory and compliance–related risk analyses
  • Tender, financing, sale/acquisition of greenfield and brownfield projects and evaluating/submitting project bids on the behalf of investors, developers and consortium members
  • Franchisee arrangements, including under DoDo and CoDo models
  • Production sharing contracts, gas sale and purchase agreements, farm–in and farm–out agreements, EPC & O&M agreements, investment/financing and security agreements
  • Contractors, sponsors and lenders and government authorities negotiations
  • Foreign investments, entry/exit strategies, regulations and joint venture advice
  • Dispute resolution before various fora and regulatory bodies 

Our expertise and experience includes:

  • Regulatory framework advice, including tariff related issues, distribution and transmission sector issues and FDI in these projects, permits and consents, regulatory and compliance related risk analyses    
  • Statutory liabilities advice, bankability analyses and risk matrices, the legal feasibility of projects and adherence to market standards and practices
  • Project contracts negotiations, including fuel supply, water supply, equipment supply, EPC and O&M contracts (under turnkey and split structures) and other ancillary project contracts; financing and security documents 
  • Title diligence and advice on the land acquisition process
  • Advice on laws relating to anti–corruption and anti–bribery, land, labour and environment and environment audits, title diligences and legal background checks of counter–parties

Our expertise and experience includes: 

  • Advice on acquisitions, entry and exit strategies, foreign investment regulations, joint ventures and platform collaborations
  • Regulatory framework advice, including tariff related issues, distribution and transmission sector issues and FDI in these projects, bid advisory and bid preparation, permits and consents, regulatory and compliance related risk analyses    
  • Bankability analyses and risk matrices, evaluating the legal feasibility of projects and adherence to market standards and practices
  • Project contracts negotiations, including EPC and O&M contracts (under turnkey and split structures), lease agreements specifically for rooftop projects and other ancillary project contracts
  • Financing and security contracts negotiations as lenders’ or borrowers’ counsel
  • Regulatory and title diligences
  • Advice on laws relating to anti–corruption and anti–bribery, land, labour and environment and environment audits, legal background checks of counter–parties
  • Client representation before courts and tribunals on disputes and regulatory issues

Our expertise and experience includes: 

  • Advice on acquisitions, entry/exit strategies, foreign investment regulations, joint ventures (JVs) and platform collaborations   
  • Regulatory framework advice governing emerging technologies, including FDI in these projects, permits and consents, regulatory and compliance related risk analyses    
  • Transaction structuring for technology–hybrid projects, energy storage solutions and smart meters, e–mobility transactions, EaaS projects and mini and micro–grid installations 
  • Bankability analyses and risk matrices, evaluating the legal feasibility of projects and adherence to market standards and practices
  • Environmental audits and advice on achieving green targets by transacting in primary and secondary carbon footprint reduction instruments, setting up structuring green ecosystems and avoiding ‘green washing’
  • Project contracts negotiations, including EPC and O&M contracts (under turnkey and split structures), lease and license arrangements and other ancillary project contracts
  • Financing and security contracts negotiations as lenders’ or borrowers’ counsel

RECENT WORK HIGHLIGHTS