energy
The Indian Government has set ambitious targets for renewable energy, yet must protect the existing portfolio and assure regulatory certainty.
Former Trilegal senior associate Nitin Banerjee joined J Sagar Associates (JSA) Delhi’s energy practice as retained partner on 3 August, after five years spent with international oil and natural gas (ONG) major BG Group in India and the UK.
Luthra & Luthra advised a consortium of banks on their Rs 14,550 crore ($3.1bn) project financing of the Sasan Ultra Mega Power Project for Reliance Power.
Reliance handled the transaction entirely with its in-house legal team of seven, led by its head of legal Umesh Mooteri.
Luthra & Luthra Delhi project finance head Sameen Vyas and Mumbai banking head Vijaya Rao (pictured) co-led the team for State Bank of India and a consortium of 11 other lenders.