Shashwat is a Partner with INDUSLAW’s Energy & Infrastructure Projects and Energy Regulatory & Advisory team in the Firm’s New Delhi office.
He has been involved in several transactions and regulatory matters which are of high value, are important for growth of the energy and infrastructure sector, comprise of challenging legal issues, etc. and in this endeavour, he has been involved with private developers, governments, public sector undertakings, and other stakeholders.
Shashwat has significant experience in advising clients in the energy sector in relation to their legal and regulatory issues involved at various stages of a project; dispute resolution (litigation and arbitration) including representation before Central and State
Electricity Regulatory Commission, Appellate Tribunal for Electricity, High Courts and Supreme Court of India, SIAC, MCIA and Petroleum and Natural Gas Regulatory Board.
Electricity Regulatory Commission, Appellate Tribunal for Electricity, High Courts and Supreme Court of India, SIAC, MCIA and Petroleum and Natural Gas Regulatory Board.
Such litigation and regulatory matters include tariff petitions, change in law, recovery of pending invoices, interpretation of PPA provisions etc.. He has also represented power generators, distribution companies, both state held and private sector stakeholders.
He extensively advises clients in risk assessments of bids and bid strategies; drafting/review of project related documents including power purchase agreements, implementation agreements and engineering procurement and construction contracts; and conducting legal due diligence for acquisition of majority/minority stake in target businesses whether by way of slump sale, share acquisition or merger/de-merger and financing transactions.
Shashwat also has experience in advising clients on their policy related initiatives with the Government of India and supplementing their issues/demands with White Papers, appropriate representation and discussions with appropriate government authorities.