IndusLaw advised Sojitz Corporation on its investment in the holding structure of IOC GPS Renewables Private Limited (IGRPL), a special purpose company jointly established by GPS Renewables Private Limited (GPSR) and Indian Oil Corporation Limited (IOCL), India’s largest state-owned oil company.

IGRPL is engaged in the design, construction, operation, and maintenance of biomethane plants across India. Through this investment, Sojitz marks its entry into the biomethane production and sales business in India. Sojitz, alongside GPSR and IOCL, will leverage its combined expertise and networks to scale biomethane operations across India and explore further bioenergy opportunities domestically and internationally.

Induslaw Team comprised the Transaction Team: Partner Saurav Kumar, Partner Swathi Sreenath, Principal Associate Shreya Chaturvedi, Associates Suyash Bajpai and Kaustubh Garg along with the;

Projects Advisory Team: Partner Shashwat Kumar and Associate Harshit Gupta and the;

Tax Advisory Team: Partner Lokesh Shah and Gaurav Goyal.