Ms Rachika Sahay > Argus Partners > New Delhi, India > Lawyer Profile

Ms Rachika Sahay

+91 22 67362222 rachika.sahay@argus-p.com View profile

Work Department

Corporate and M&A, Energy and Infrastructure

Position

Partner

Career

Rachika joined the Firm’s Delhi office as a Partner in the Corporate and Infrastructure practice in 2021.

She has worked on a broad range of deals particularly in the power, oil and gas and mining sector. She also has experience in working on PPP projects for developing infrastructure relating to transport facilities like rail and ports. She has also handled a broad range of corporate transactions across sectors including domestic as well as cross border joint ventures, mergers and acquisitions, private equity investments and foreign direct investments.

Prior to joining Argus Partners, she was a Partner with HSA Advocates and has also been the General Counsel of Ostro Energy. Her experience as a General Counsel has particularly been helpful in her commercial approach and being a solution-oriented professional.

She is a 2005 law graduate from National Law Institute University, Bhopal and obtained her LL.M. from London School of Economics & Political Science, UK.

Select Professional Experience

• Advised Balrampur Chini Mills Limited to establish India’s first industrial bioplastics manufacturing plant.
• Advised Tata Steel Limited, on its investment in one of the biggest industrial RTC (Round-the-clock) hybrid renewable power projects in India under Group Captive Regime being set up by TP Vardhaman Surya Limited (subsidiary of Tata Power Renewable Energy Limited).
• Advised Baba Fine Chemicals (BFC) and its founders on the acquisition of 55% stake in BFC by Ami Organics.
• Advised GMR on its potential investment in a portfolio of RE projects including both wind and solar.
• Advised Oakridge Power on structuring its business model for setting up rooftop solar projects.
• Advised Sansera on its arrangement with Clean Max Energy for setting up captive power project for its facilities including drafting the shareholders arrangement between RE power developer and captive consumer.
• Advised Sprng Energy on structuring potential acquisition of RE project and on issues arising out of Detailed Procedure issued under Connectivity Regulations for its existing projects.
• Advised an Energy major on setting up captive power project including drafting the shareholders arrangement between RE power developer and captive consumer.
• Advised Neara Power on its potential captive power project in Tamil Nadu including drafting the shareholders arrangement between RE power developer and captive consumer.
• Advised GAIL on various Master Sale and Purchase Agreements including with BP and Mitsui.
• Advised ACME on repowering related issues under current PPAs and regulatory due diligences for potential acquisitions.
• Advised Renew Power on issues arising out of Detailed Procedure issued under Connectivity Regulations for its existing projects.
• Advised Sembcorp Energy on the bid process for selecting a vendor for setting up FGD systems to meet the environmental norms for its coal fired power plant.
• Advised HLS Asia Limited (a joint venture of Halliburton) in relation to drafting of a comprehensive compliance checklist for each business vertical exclusively, i.e. Operations; Bases & Warehouses; and Office spaces.
• Advised a renewable energy major on sale of a 2 GW solar and wind power portfolio.
• Advised a roof top solar company on raising funds from German crowd funding platform.
• Land due diligence for various renewable energy companies such as Engie, Azure Power and Amp Solar.

Memberships

• Bar Council of Delhi.
• SAWIE (South Asian Women in Energy).