Shashank Vikram Singh

Shashank Sing, Partner, JSA

Shashank is a part of the Corporate practice group of JSA and specializes in investments and acquisitions in the Energy, Infrastructure, Transport, Telecom and Broadcasting space.

His practice covers the entire gamut of providing strategic advice on project development and regulatory issues in private equity investments, joint ventures and strategic acquisitions (greenfield and brownfield) in infrastructure assets across various verticals including Energy (conventional/ thermal and renewable), Transportation (roads & national highways, ports, airports, BRTS / MRTS), Oil & Gas, Urban Infrastructure, Telecom and Media.

Over the last 10 years, Shashank has been associated in advising on some of the largest and precedent setting investments in the Indian renewable energy sector. He has anchored major cross-border investment, financing and domestic deals and has a broad range of experience in the Infrastructure sector.

He has been involved in rendering strategic advice to investor groups in their bids to acquire stressed assets and their investments in special situations across various sectors including steel, power generation, mining and metals and telecom assets. He has also acted as counsel for both lenders and developers for securing financing of various infrastructure projects (including thermal power projects, renewable energy projects and National Highway projects).

He regularly advises several ministries/ bodies of Central and State Governments, regulators, public sector undertakings and private participants in bidding, structuring, implementation and procurement related aspects of Public Private Partnership (PPP) projects and is currently advising public and private stakeholders on strategic issues associated with the implementation of various PPP projects spread across India.

He is an alumnus of the Army Institute of Law, Mohali (2010).

 

Memberships

Bar Council of Maharashtra & Goa

 

Education

Army Institute of Law, Mohali (2010)

 

Languages

  • English
  • Hindi

Some of the key assignments in these areas handled and being handled by Shashank amongst others, cover the following:

Energy

  • Advised Hero Futures Energies on all project development and regulatory issues associated with the (i) US$ 150 Million equity investment in HFE by Abu Dhabi Future Energy Company (Masdar) in 2019, and (ii) US$ 125 million equity investment in HFE by International Finance Corporation (IFC) in 2016. HFE has a portfolio of 1.3 GW renewable energy projects and 1.5 GW under construction.
  • Advised Apollo Global Management LLC on the Indian leg of Apollos’s acquisition of GE Capital’s Indian renewable energy assets which cumulatively aggregate to an installed capacity of 630 MW.
  • Advised Berkeley Energy in structuring, negotiating and finalizing its strategic acquisition of a renewable energy development and services company, to establish a renewable energy platform, which would inter-alia specialize in establishing grid connected and decentralized renewable energy projects and providing energy management services to various developers using patented AI tools.
  • Advised Vestas Wind Technology India (a subsidiary of Vestas Wind Systems A/S) in acquiring greenfield and brownfield project assets for wind farm development across various states in India as a part of its ongoing strategy to provide turnkey wind assets to third party developers.
  • Telecom & Broadcasting
  • Advised MasTec Inc., USA on its acquisition of the technology-support business of Quadgen Wireless Solutions Private Limited as part of a global transaction, including all regulatory and project implementation issues associated with State Fibernet projects tendered under BharatNet Phase II.
  • Advised Bain Capital Credit, Asia on the India leg of its joint venture with a global media conglomerate. The joint venture would be engaged in developing a platform for disseminating media and broadcasting content including OTT and other distribution routes.

 

Project Development

  • Acted as legal counsel to Pune Metropolitan Region Development Authority in the bidding and implementation of the Pune Metro Line III (Shivajinagar – Hinjewadi) Project on PPP basis.
  • Advised Sandvik Asia Private Limited in negotiating the settlement and closure of an engineering and construction contract package of an approximate value of USD 19 Million with respect to establishment of a multi-purpose heavy industrial equipment manufacturing facility in Maharashtra.
  • Advised Prism Johnson Limited in negotiating and finalizing the engineering, procurement, and construction contracts with thyssenkrupp Industries India Private Limited for setting up a waste heat recovery-based power generation project in Madhya Pradesh. The EPC contract package on CAPEX mode was valued at INR 188 Crores under a split-contract structure.
  • Advised Tata Steel Limited on strategic, project supply chain and regulatory issues associated with the proposed acquisition of Essar Steel India Limited, as part of the corporate insolvency resolution process under the Insolvency and bankruptcy Code, 2016.