Our Practice Areas

Projects, Energy & Finance

The Projects, Energy & Finance team advises clients, including state entities, multi-national corporations, investors as well as regulatory bodies, on a broad range of work covering electric utilities, power projects, telecom projects, regulators, generation, transmission and distribution companies, oil and gas matters (upstream and downstream), mining, roads and infra-structures matters, international finance, bank lending and syndications, international joint ventures, infrastructure and capital projects, project finance, international arbitration and dispute resolutions. The work is largely transactional and exclusively adapted for the Pakistan’s legal environment.

 

The team works closely with other departments in the firm on major projects and transactions and integrate as and when necessary. In view of the specialist nature of the work, much of the specialist litigation and dispute resolution which arises is handled by the Project, Energy & Finance team, with assistance, as necessary, from the Litigation and Disputes Resolution Department.

 

Many of the clients have been long term clients of the partners working with us. This long-term loyalty is a reflection of commitment and the dedication of the team to “getting the job done” in a positive, proactive and constructive manner. The team has a very hands-on approach and a tremendous amount of practical experience in driving projects to successful conclusions. They handle deals involving a large number of commodities, and there is a very strong core experience in the area of Power Sector including solar and coal generation. The Power Sector experience of the team stretches from regulation to generation, transmission and distribution, with respect to both traditional and alternative energy.

 

The experience relating transactions include:

 

  • Drafting of Security Package Documents

  • Drafting Tariff Petition for submission before the Regulator

  • Negotiations of the Security Package Documents

  • Negotiations with EPC Contractor

  • Negotiations with Lenders

  • Negotiations with O&M Contractor

  • Negotiations with the Power Purchaser

  • Negotiations with the Fuel Supplier

  • Execution of Security Package Documents

  • Achievement of Financial Closing

  • Advising on Pre-COD and commissioning activities

  • Advising a energy companies on its international political risk exposure and risk management strategy 

  • Advising a major energy company on feasibility from a legal and political risk viewpoint in Pakistan

  • Advising on Public Private Partnership for Government of Punjab, KPK, Sindh and AJK

 

Few of the projects being handled by the Firm include:

 

  • Advising and representing two public entities involved in regulating the power sector of Pakistan as regulators, both in conventional as well as alternate energy (PPIB and AEDB)

 

  • Advising two private limited companies (having substantial foreign participation) with setting up power generation plant of 10 MW based on solar energy including conducting due diligence for the project, land utilization, financing etc.

 

  • Advised KOHSAR Group with Khairi-II whereby the capacity of existing Hydro Power Unit of 1.5 MW capacity, Khairi-I of Kohsar Hydro Power (Private) Limited is being expanded by adding 3.5 MW additional KHAIRI-II Hydel Power Plant. The Power Expansion Project is integrated with the Steel Expansion Project and will sell electricity to Mangla Metal Private Limited and shall be classified as a Captive-IPP. The Project has an expansion lay out of Pak Rs. 441 M or US$ 5.04 M.

 

  • Advising a private investor with construction of a 17 storey residential high riser, one of the biggest projects in Islamabad 

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© 2014 Sajeel Mirza Mann & Shah.