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JSA for Adani, L&L for AES on $135m sale of 49% stake in Odisha Power

New York-listed AES Corp has agreed to sell its 49% stake in Odisha Power Generation Corp to Adani Power Ltd, ending its 22-year-long association with the state utility.


L&L Partners acted for AES India Private Limited led by a team of senior partner Mohit Saraf and assisted by partner Apurva Jayant, partner Arjun Rajgopal, partner Pallavi Bedi and managing associate Samridha Neupane.

Update 28 June 2020: J Sagar Associates (JSA) acted for Adani Power led by partners Sandeep Mehta and Rajesh Pal with senior associate Prannoy Semwal.


This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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