South Asia - India

Talwar Thakore & Associates

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At Talwar Thakore & Associates, the practice has vast expertise in handling instructions from the oil and gas, mining, and infrastructure sectors. The team fields deep knowledge of the Indian regulatory landscape and complex project development matters. New Delhi-based practice head Gautam Saha, an expert in M&A and private equity transactions, re-joined the firm from AZB & Partners in August 2022. Feroz Dubash specialises in joint ventures, Pallavi Meena is experienced in handling cross-border project financings, and Dushyant Bagga advises on all aspects of corporate and commercial matters. The team is further boosted by Akshay Malhotra (partner) who joined in July 2023.

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Key clients

  • Asian Development Bank
  • National Infrastructure and Investment Fund (NIIF)
  • Aseem Infrastructure Limited
  • Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) and Société de Promotion et de Participation pour la Coopération Economique (Proparco)
  • KNI India AS (KNI)
  • Dalmia Bharat Refractories Limited
  • U.S. International Development Finance Corporation
  • ATC Telecom
  • STEAG Group
  • RWE
  • Trafigura

Work highlights

  • Assisted Asian Development Bank with a term loan facility up to USD 131,000,000 issued to Nhava Sheva Freeport Terminal Private, a joint venture company involved in upgrading, operating and maintaining the Jawaharlal Nehru Port Container Terminal.
  • Advised NIIF on a primary equity investment of INR 6.31 billion in GMR Goa International Airport, a special purpose vehicle for the running and operation of the new Goa airport.
  • Assisted DFC with an unfunded guarantee of up to US$ 10 million issued to the Hongkong and Shanghai Banking Corporation Limited, India, under the regulations of the ECB Master Directions, concerning loans to be issued to Punjab Renewable Energy Systems Private and PRES Oorja Private for the construction of briquetting biomass plant projects.

Practice head

The lawyer(s) leading their teams.

Gautam Saha

Other key lawyers

Feroz Dubash, Pallavi Meena, Dushyant Bagga, Ambarish Mohanty, Akshay Malhotra