India is blessed with immense amount of hydro-electric potential and ranks fifth in terms of exploitable hydro-potential on global scenario. However, the sector operatives regularly encounter challenges raging from complex planning procedures, prolonged land acquisition and resettlement, a lack of enabling infrastructure including transmission, insufficient market scope and the availability of long-term financing. Nevertheless, private partnership, government facilitation including actively monitoring and fast-tracking priority schemes, have reinforced confidence.
The firm has a cross functional team which includes lawyers from our energy, corporate commercial, regulatory, infrastructure, real estate, dispute resolution and tax practices. The team has a broad skillset working and having worked closely with all types of stakeholders, including independent power producers, start-ups, EPC contractors, original equipment manufacturers, state utilities, banks and financial institutions, other consultants etc. Therefore, the team has an in-depth understanding of the pitfalls and risks involved in negotiating project contracts, developing it, commercially operationalising it and setting up a long-term operation and maintenance system.