Trilegal advised Apraava Energy on sale of Jhajjar Power Project to Jindal Power
The leading law firm in India, Trilegal advised Apraava Energy Private Limited on the divestment of its 1,320 MW Jhajjar Power Project in Haryana to Jindal Jhajjar Power Limited, a wholly owned subsidiary of Jindal Power Limited.
The transaction involved the acquisition of 100% shareholding in Jhajjar Power Limited through a competitive bidding process, followed by the execution of a share purchase agreement for the acquisition of equity shares and compulsorily convertible preference shares from Apraava Energy Private Limited, Apraava Renewable Energy Private Limited and Kohima Mariani Transmission Limited.
Trilegal conducted comprehensive vendor due diligence on Jhajjar Power Limited and assisted Apraava Energy Private Limited with drafting and negotiating the transaction documents. Commissioned in 2012, the project is one of India’s early supercritical thermal power plants. Trilegal had previously advised Apraava Energy (formerly CLP India) on the acquisition and development of the project, marking a full-cycle advisory role culminating in the present divestment.
The Trilegal transaction team was led by Neeraj Menon (Partner) and Delano Furtado (Partner), with support from Saumya Kakar (Counsel), Kaneeka Mehta (Counsel), Pranika Correa (Associate) and Punit Sanwal (Associate).
The Trilegal Projects team was led by Neeraj Menon (Partner), supported by Kaneeka Mehta (Counsel) and Manasvi Sharma (Associate), Yashaswi Belani (Associate), Ayush Mundra (Associate).
The Trilegal Corporate team was led by Delano Furtado (Partner), supported by Saumya Kakar (Counsel) and Pranika Correa (Associate), Rhea Almeida (Associate), Ridhi Shetty (Associate), Punit Sanwal (Associate).
The Trilegal Banking & Finance team was led by Joseph Jimmy (Partner), supported by Parinaz Vaidya (Counsel), Jinay Padh (Senior Associate) and Yajat Bansal (Associate), Shreyaa Mohanty (Associate).
The Trilegal Real Estate team was led by Rahul Arora (Partner), supported by Abhinav Mishra (Counsel) and Saraswati C. Rawandale (Associate).
The Trilegal Litigation team was led by Tine Abraham (Partner) and Janmali Manikala (Partner), supported by Girik Bhalla (Counsel), Aayush Marwah (Counsel), Damodar Solanki (Senior Associate), Pundrikaksh Mitruka (Senior Associate) and Romi Kumari (Associate).
The Trilegal Anti-trust team was led by Gautam Chawla (Partner), supported by Madhav Kapoor (Senior Associate) and Akanshha Agrawal (Associate).
The Trilegal TMT team was led by Jyotsna Jayaram (Partner) and Thomas Vallianeth (Partner), supported by Sidharth Ray (Senior Associate) and Anushka Gupta (Associate).
The Trilegal Tax team was led by Himanshu Sinha (Partner) and Komal Dani (Partner), supported by Rohit Kumar S (Counsel), Anjani Kumar (Senior Associate) and U Shreyas (Associate).
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