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HSA Advised NICDC On Agreement With UP Govt. For Development Of Integrated Manufacturing Clusters

HSA Advised NICDC On Agreement With UP Govt. For Development Of Integrated Manufacturing Clusters

HSA Advocates advised National Industrial Corridor Development Corporation (NICDC), and National Industrial Corridor Development and Implementation Trust (NICDIT) on the framework agreements and governing documents, including the State Support Agreement (SSA) and the Shareholders Agreement (SHA) executed by and amongst NICDIT, the Government of Uttar Pradesh (GoUP) and the Uttar Pradesh State Industrial Development Authority (UPSIDA) for establishment of two Integrated Manufacturing Clusters – one in Agra (greenfield site) (IMC Agra) and the other in Prayagraj (brownfield site) (IMC Prayagraj), in the State of Uttar Pradesh, under the Amritsar-Kolkata Industrial Corridor (AKIC) project.
The HSA team comprised of Soumya De Mallik (Partner), Prithviraj Chauhan (Principal Associate) and Debraj Ghosh (Associate).

Authors: HSA Advocates’ LinkedIn Page

HSA Advocates Advised VISL On Concession Agreement Between Govt Of Kerala & Adani Ports

HSA Advocates advised Vizhinjam International Seaport Limited (VISL) on the supplementary concession agreement executed by and between the Government of Kerala (GoK) and Adani Vizhinjam Port Private Limited (AVPPL), a subsidiary of Adani Ports and SEZ Limited, for the development of Vizhinjam International Deepwater Multipurpose Seaport (Port), amending the concession agreement dated August 17, 2015.
VISL is the GoK agency authorised and entrusted to act as the implementing agency for the project and to exercise the rights granted to the GoK under the concession agreement.
HSA Advocates advised and assisted VISL in drafting, structuring, negotiating and finalizing the supplementary concession agreement, including provisions and understanding thereunder in relation to the revenue sharing model, further financing, railway connectivity and capacity augmentation.
The HSA team was led by Founding Partner Hemant Sahai, Partner Soumya De Mallik, with assistance from Principal Associate Prithviraj Chauhan and Associate Meghana R.

Source: HSA Advocates’ LinkedIn Page

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