Fox Mandal powers Rural Electrification Corp $1.6bn Bihar project

Thursday, 21 February 2013 By Legally India Finance

Fox Mandal advised state-owned power financer Rural Electrification Corporation (REC) in extending Rs 8,775 crore ($1.6bn) to the NTPC and Bihar State Electricity Board (BSEB) joint venture Nabhinagar Super Thermal Power Project.

Fox Mandal Delhi banking and finance partner Rajesh Sehgal with senior associate Rahul Tyagi and associate Bhupendra Verma acted for REC. NTPC and BSEB were advised in-house.

Fox MandalFox & Mandal

Comments

R S 5 Mar 2013, 10:38
+0 -0
Its so funny that this is mentioned, for Rahul has also left long ago (5months back) along with other team members to a corporate in house role. Fox is left with nothing but three nipped Partners and a defunct office building. There is absolutely nothing to write about them anymore... The whispers in lawyers chambers is that SM is shutting shop on the expiry of the lease of Noida office...
R K 7 Mar 2013, 12:51
+0 -0
If some one work hard, it is always good to recognise his work. Even if he left team after working on transaction. Well done Dr Sehgal.....keep it up. Great job.
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