he Firm has a strong legal and practical working knowledge of all the power policies, transmission line policies, and the national electric policies. Comprehensive legal services are provided to clients in private sector for generation, transmission and distribution of electric power and the Firm has excellent liaison with the federal and provincial regulatory authorities in Pakistan including National Electric Power Regulatory Authority (NEPRA), Private Power & Infrastructure Board (PPIB), Alternative Energy Development Board (AEDB) and Provincial & AJK PPCs.
The Firm also provides full service legal support to its clients from the issuance of LOI to the financial closure of the project. The Firm has successfully drafted and negotiated numerous project documents, such as implementation agreements, power/energy purchase agreements, fuel supply agreements or water use agreements, guarantees and other allied documents between Independent Power Producers (IPPs) and the Government of Pakistan (GOP) and its agencies, and their direct agreements executed between banks and financial intuitions lending to such IPPs and the GOP.
The legal experts at the firm have also drafted and negotiated numerous finance documents, such as common term agreements, facility agreements, sponsor support agreements, agency and trust deeds and security documentation creating encumbrances over the assets of the project company, between project companies, sponsor companies and Banks and financial institutions lending such project companies and sponsor companies.
The Firm also provides regulatory advice and services in order to secure licenses and determination of tariff(s) from NEPRA for generation, transmission, and distribution of electric power, and also provide advice and services vis-à-vis modification of license(s) and tariff(s) before NEPRA.
