Industry Partners - Infrastructure Partner - J Sagar Associates

J Sagar Associates

The Firm

J Sagar Associates is a leading national law firm in India. We are over 320 professionals operating out of our seven offices: Ahmedabad, Bengaluru, Chennai, Gurugram, Hyderabad, Mumbai and New Delhi. For over 28 years we have provided legal representation, advice and services to leading international and domestic businesses, banks, financial services providers, funds, governmental and statutory authorities, and multilateral and bilateral institutions. We are organized in teams focussed on 24 industries rendering legal services in 30 service lines across Corporate, Finance and Disputes clusters.

We are recognised as the Indian law firm that leads a paradigm shift in the Indian legal profession in institutionalising and professionalising law firm ownership and management.

Infrastructure profile

There is a challenging opportunity quantified in the recent announcement of the National Infrastructure Pipeline with a projected investment of US$ 1.4 trillion over 5 years – with 60% focussed on energy and transportation and logistics. Recent initiatives seek to address challenges in the policy and regulatory framework to facilitate this. One attractive route of investing in established infrastructure assets at attractive value is through the negotiated refinance or IBC route. There are some incentives to facilitate private and foreign investments, public private partnerships and disinvestment. Significant investments are required to upgrade / replace aging infrastructure. With limitations of traditional public finance, opportunities exist for investments in infrastructure through innovative structures. There remain some niggling challenges regarding enforcement of contracts, timely adjudication and payments. Infrastructure ministries are working on improving the risk and reward matrix.

JSA’s infrastructure practice is recognized for its wholesome representation of diverse stakeholders (regulators, project sponsors, investors, lenders, suppliers, contractors, and operators) in large-scale and ground-breaking infrastructure projects. We have contributed to several landmark precedents in the field. JSA is regularly invited to serve on various G2B panels and present expert testimonies to Parliamentary Committees. Partners of the firm regularly conduct and lead complex disputes (in courts, before regulators and arbitration), besides structuring and negotiating projects.