Vishal Binod

Partner

people

Vishal is an India-qualified lawyer with over 11 years of experience, who specialises in contentious as well as non-contentious matters pertaining to the energy and infrastructure sector.

He has extensively represented clients in litigation mandates across the country and also has significant experience in advising clients on M&A and other transactional advisory mandates pertaining to the sector.

Some of Vishal’s clients include, Actis, Blupine Energy, Adani Energy Solutions, Sembcorp, Avaada Energy, Azure Power, Brookfield Asset Management, and industry associations, such as Green Energy Association. Vishal has also represented various institutional clients such as IFC and PSPIB in the past.

Relevant Experience:

Regulatory Litigation

  • Representing Blupine Energy, a renewable energy platform backed by Actis, in a real estate dispute affecting the project land of its 70 MW under construction project in Chhattisgarh.
  • Representing Blupine Energy in relation to its claims before the GERC seeking extension of COD of its 200 MW wind project in Gujarat.
  • Representing MSEDCL in its various disputes with Ratnagiri Gas and Power Pvt. Ltd. before the CERC and APTEL and the Supreme Court.
  • Representing MSEDCL in its various disputes with Ratnagiri Gas and Power Pvt. Ltd. before the CERC and APTEL and the Supreme Court.
  • Represented MSEDCL in tariff related proceedings before the MERC, Bombay High Court, APTEL and the Supreme Court of India, on various issues arising out of MERC’s MYT Order for the Fifth Control Period.
  • Representing JSW Energy in proceedings before the Karnataka High Court challenging CEA’s and KERC’s procedure for verification of captive status of captive power projects.
  • Represented Avaada Energy in proceedings before the UPERC seeking execution of banking agreements with UPPCL for supply of power to its captive consumers.
  • Representing Jaiprakash Power Ventures before the Supreme Court in a civil appeal filed by UPPCL arising out of a change in law petition filed by Jaiprakash Power Ventures seeking relief on account of change in design energy of its hydro project due to change in law events.
  • Representing Adani Electricity Mumbai Limited in a batch of tariff appeals before the APTEL involving several complex tariff related issues pertaining to its Mumbai distribution business.
  • Representing Adani Energy Solutions Limited and its various transmission SPVs in its petition before the CERC seeking approval for monetising its spare OPGW assets.
  • Represented subsidiaries of Brookfield Asset Management before the AP High Court and APERC on issues pertaining to potential termination of wind PPAs, revision of tariff and illegal curtailment of generation.

Transactional Advisory

  • Advised Statkraft AS, a sovereign backed energy utility, on all regulatory and litigation related aspects of their divestment of entire renewable energy portfolio in India comprising various hydro, solar and hybrid assets.
  • Advised Jindal Power on all regulatory and litigation related aspects of its acquisition of Apraava Energy’s 1320 MW thermal power project located in Jhajjar, Haryana.
  • Advised Gentari Sdn Bhd, the renewable energy arm of Malaysia’s national oil and gas company, Petronas, on all regulatory and litigation related aspects of its acquisition of Brookfield Asset Management’s 2.2 gigawatts (GW) of renewable assets.
  • Advised Actis LLP on all regulatory and litigation related aspects of its acquisition of the Stride Climate Investment renewable platform of Macquarie Asset Management, comprising various solar assets located across the country.
  • Advised Actis LLP in relation to submission of bid for acquisition of entire India nbased renewable portfolio of Enel Green, comprising various operational and under-construction wind and solar assets.
  • Advised I Squared Capital in relation to submission of bid for acquisition of O2 Power.
  • Advised Anzen, a major renewable energy platform on its acquisition of a 300 MW solar project of Renew located in Rajasthan.
  • Advised Greenko on the regulatory aspects of its submission of the resolution plan for Athena Demwe Power Limited, a 1750 MW under construction hydro power project located in Arunachal Pradesh.

Memberships

  • Bar Council of Delhi

Qualifications

  • 2014 B.A. LLB., NALSAR University of Law
expertise

Expertise

Practice Areas

  • Infrastructure & Project Finance