AZB & Partners advised Japanese power giant Viscas Corporation on its joint venture with Pune–based optical fibre maker Sterlite Technologies which was advised by Khaitan & Co.
AZB Delhi partner Yashwant Mathur, senior associates Namrata Vishwanath and Esha Pruthi and associates Abhyudai Singh, Raghav Bahl and Shridha Malhotra acted for Viscas.
Khaitan Mumbai partner Anand Mehta acted for Sterlite.
As part of the JV agreement, Viscas will invest into the existing power cable facility of Sterlite in Haridwar which is already serving the MV/HV power cables customers in India, according to VC Circle.
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