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
