The active group at Vellani & Vellani continues to be busy advising domestic and foreign financial institutions on the financing aspects of major projects, primarily relating to power generation and port infrastructure. The firm has a detailed understanding of the oil and gas sector in Pakistan. It regularly acts for lenders and project sponsors. The nimble group is experienced in advising on a variety of projects relating to wind, solar, Thar coal, and LNG import terminals. Its Islamabad office has a specific focus on renewable energy. Badaruddin F Vellani, Tariq Nasir and Javaid Akhtar are the heads of the department.
Testimonials
Collated independently by Legal 500 research team.
‘The team practices in a wide variety of markets and every partner at the firm is experienced with one or the other subject. The attention to detail, turnaround time and availability have all been great.’
‘Tariq Nasir - for his commercial acumen and how quickly he came to grips with the subject matter of the engagement. Not only was he able to effectively advise on legal aspects, he also helped with the commercial and technical negotiations.’
Work highlights
- Separate teams at Vellani and Vellani acted as the legal counsel for both the institutional investor and the guarantor in connection with Pakistan and South Asia’s first-ever fully guaranteed Gender Bond.
- Acted as legal counsel for a bank, which was providing financing to a company of approximately PKR1000m with respect to its multiple biomass steam generation plants project in Pakistan.