Chambers & Asia Partners-Pacific ranking 2016 edition.
- Energy: Tier 2
- Infrastructure: Tier 2
- Oil and gas: Tier 2
- Transport: Tier 2
- Banking: Tier 3
- M&A: “Other notable”
- Technology and Telecommunicaions: “Other notable”
- Project Finance: “Other notable”
Energy and infrastructure
HSA Advocates expanded its team last year welcoming former Aditya Resources’ Abeezar Faizullabhoy, and ex-Trilegal Sakya Chaudhuri in 2014.
In energy, HSA Advocates was advising Shakti Sustainable Energy Foundation and Energy Efficiency Services in connection with the restructuring and drafting of performance and services contracts for a range of energy efficiency projects in India.
In infrastructure, the firm was legal counsel to the Delhi-Mumbai Industrial Corridor Development Corporation (DMICD) including the initial structuring and drafting of framework and transactional documents. The project consists of six Greenfield mega smart cities, dubbed the largest infrastructure and urbanisation project in the world, with a deal value going up to $90 billion.
In relation to maritime work, HSA was involved in the reviewing and finalising of a concession agreement and EPC contract for the Vizhinjam International Deepwater Multipurpose Seaport development.
Financial and corporate
In banking, HSA Advocates regularly acts as the lender’s counsel and offers cross-border regulatory advices to international and domestic banks alike. In a cross-border banking deal, partner Anjan Dasgupta led the team in advising on a foreign currency loan facility taken out by SBI Singapore for the purpose of extending credits to its Singaporean customers.
Last year, the firm saw an increase in project finance work due to a government-led initiative to push for additional infrastructure projects and in that context advised Power Finance Corporation on a $37 million solar power plant project.
Rating: Leading Lawyer
Practice Areas: Energy and Infrastructure, Project Development
Rating: Rising Star
Practice Areas: Banking, Project Development