--- title: "Project Finance" date: 2025-05-15 author: "IndiaLaw LLP" url: https://www.indialaw.in/expertise/banking-and-finance/project-finance/ --- ![Project Finance Lawyers India: PPP, EPC & Lending](https://www.indialaw.in/wp-content/uploads/f1gb8vgrs8.jpg) # Project Finance ## Project Finance Law Firm in India for Infrastructure, Energy, and PPP Deals Our law firm provides comprehensive, end-to-end legal services for project finance transactions in India and globally. We specialize in supporting large-scale infrastructure projects across key sectors such as renewable energy, transportation, urban development, telecommunications, roads, metro rail, ports, steel, oil & gas, and real estate. ## Our Services **End-to-End Legal Advisory for Infrastructure Projects** - Legal Support for Project Finance Transactions: We represent a diverse clientele including financial institutions, project developers, sponsors, international lenders, and government authorities. Our experience includes Public-Private Partnerships (PPP) and Engineering, Procurement and Construction (EPC) project structures across power, infrastructure, and energy sectors. - Project Due Diligence: Our legal team conducts detailed legal due diligence of project and finance documents, ensuring alignment with lender requirements, regulatory frameworks, and bankability assessments. - Drafting and Negotiation of Project Agreements: We have in-depth expertise in drafting, reviewing, and negotiating a wide range of infrastructure and finance documents, including: - Concession Agreements (with NHAI, PWD, state utilities, urban bodies) - EPC and O&M Contracts - Common Loan Agreements and Security Documents - Escrow Agreements and Substitution Agreements - Financial Closure and Risk Allocation: We guide projects through successful financial closure, ensuring all legal and contractual obligations are fulfilled. Our focus is on strategic risk allocation, compliance with sector-specific regulations (such as electricity, environmental, and land acquisition laws), and protecting our clients’ interests throughout the project lifecycle. - Sector-Specific Legal Expertise: - Renewable Energy Projects (solar, wind, hydro) - Transportation and Mobility Infrastructure (roads, highways, metro rail) - Oil & Gas, Steel, and Industrial Infrastructure - Urban Development and Smart Cities ## Related Expertise [Banking & Finance](https://www.indialaw.in/expertise/banking-and-finance/)[Corporate Finance](https://www.indialaw.in/expertise/banking-and-finance/corporate-finance/)[Debt Restructuring](https://www.indialaw.in/expertise/banking-and-finance/debt-restructuring/) [![Shiju P V, Managing Partner at IndiaLaw LLP](https://www.indialaw.in/wp-content/uploads/DSC09750-Photoroom-e1746353050437.png) #### Shiju P V Managing Partner contact@indialaw.in](https://www.indialaw.in/people/shiju-p-veettil/)[![Shrishail Kittad, Senior Partner at IndiaLaw LLP](https://www.indialaw.in/wp-content/uploads/Shrishail-Picture-e1762953800498.webp) #### Shrishail Kittad Senior Partner contact@indialaw.in](https://www.indialaw.in/people/adv-shrishail-kittad/)[![Nim Dem Dorjee, Associate Partner at IndiaLaw LLP](https://www.indialaw.in/wp-content/uploads/Nim-e1740654696349.png) #### Nim Dem Dorjee Associate Partner contact@indialaw.in](https://www.indialaw.in/people/nim-dem-dorjee/)[![Rahul Sundaram, Partner at IndiaLaw LLP](https://www.indialaw.in/wp-content/uploads/DSC09790-Photoroom.png) #### Rahul Sundaram Partner contact@indialaw.in](https://www.indialaw.in/people/rahul-sundaram/)[![Shweta Tiwari, Associate Partner at IndiaLaw LLP](https://www.indialaw.in/wp-content/uploads/WhatsApp-Image-2025-05-14-at-7.21.14-PM-Photoroom-e1747230721475.png) #### Shweta Tiwari Associate Partner contact@indialaw.in](https://www.indialaw.in/people/shweta-tiwari/) ### FAQs #### What does project finance legal advisory cover in India? Project finance legal advisory covers structuring, documenting, and closing financing for large infrastructure assets. This includes drafting concession agreements, loan documentation, EPC contracts, security packages, and advising on risk allocation between sponsors, lenders, and government authorities. #### When should a project developer engage a project finance lawyer? Ideally at the pre-bid or early structuring stage. Legal input is critical before signing concession agreements with NHAI or state utilities, finalizing the EPC contract, or approaching lenders. Late engagement often leads to bankability gaps that delay financial closure. #### Which Indian laws and regulators govern project finance transactions? Key statutes include the Electricity Act 2003, the NHAI Act, the Companies Act 2013, SARFAESI Act, and sector-specific policies like the National Solar Mission. RBI guidelines govern lending norms, while MoRTH and state authorities regulate road and transport concessions. #### How long does financial closure typically take for infrastructure projects? Financial closure timelines vary, but most mid to large projects take 6 to 18 months from mandate to disbursement. Key cost drivers include the number of lenders in the consortium, complexity of land acquisition, environmental clearances under EIA norms, and regulatory approvals. #### What documents are needed to begin a project finance engagement? Clients should provide the concession or license agreement, project feasibility reports, land title documents, environmental and regulatory clearances obtained or applied for, the proposed EPC contract, and any existing term sheets or sanction letters from lenders. #### What common mistakes can delay or derail project finance transactions? Frequent pitfalls include unclear land titles, incomplete environmental clearances, poorly drafted EPC risk allocation clauses, and non-compliance with RBI external commercial borrowing guidelines. These issues surface during lender due diligence and can stall disbursement for months. [### People Meet our team of experts](https://www.indialaw.in/people/)### Careers Explore career opportunities[### Contact Us Tell us what you're looking for](https://www.indialaw.in/connect/) ### Subscribe Legal developments to your inbox --- # IndiaLaw LLP — Offices & Contact Details --- ## General Contact | | | |---|---| | **Website** | https://www.indialaw.in | | **Primary email** | contact@indialaw.in | | **Primary phone** | +91 836-9995919 | | **Contact form** | https://www.indialaw.in/connect/ | | **Careers (separate channel)** | https://www.indialaw.in/careers/ | --- ## All Offices (9 locations across 8 cities) ### 1. Mumbai — Registered Office & Head Office (Apeejay Chambers) | | | |---|---| | **Address** | Apeejay Chambers, Ground Floor, Wallace Street, Fort, Mumbai – 400 001 | | **Phone** | [022-6924-7400](tel:02269247400) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/mumbai/ | | **Practice focus** | Litigation · Arbitration · Insolvency & Bankruptcy · Corporate · Banking · Real Estate · IP | | **Notes** | The HQ. 5 partners based here. Handles PAN-India litigation, arbitration, corporate, banking, IP and real estate practice. Largest team across all offices. | ### 2. Mumbai — Non-Litigation Office (Excelsior, Fort) | | | |---|---| | **Address** | 4th Floor, New Excelsior Theatre Pvt. Ltd., Amrit Keshav Nayak Marg, Fort, Mumbai – 400 001 | | **Phone** | [022-697-40500](tel:022-697-40500) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/mumbai/ | | **Practice focus** | Non-litigation only — consultations, negotiations, transactional work | | **Notes** | Opened 2024. Litigation and arbitration remain at the Apeejay Chambers head office. | ### 3. Delhi | | | |---|---| | **Address** | Flat No. 1107 & 1108, Prakashdeep Building, Tolstoy Marg, Connaught Place, New Delhi – 110 001 | | **Phone** | (general line: +91 836-9995919) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/delhi/ | | **Practice focus** | Litigation · Arbitration · Insolvency & Bankruptcy · Corporate · Banking · Real Estate | | **Notes** | 3 partners based here. Located near the Supreme Court of India, Delhi High Court and other appellate bodies. | ### 4. Kolkata | | | |---|---| | **Address** | Centre Point Building, Room No. 214, 2nd Floor, Premises No. 21, Hemanta Basu Sarani, Opp. Great Eastern Hotel, P.S. Hare Street, Kolkata – 700 001, West Bengal | | **Phone** | [+91 33 4813 1001](tel:+913348131001) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/kolkata/ | | **Practice focus** | Insolvency & Bankruptcy · Commercial & Civil Litigation · Arbitration · Banking Litigation · Real Estate · Labour & Employment · Consumer | | **Notes** | Advises banks, NBFCs, MSMEs and corporates on transactions and dispute resolution. Works in close coordination with the Mumbai HO. | ### 5. Chennai | | | |---|---| | **Address** | GF-A, 19 Casa Major Road, Egmore, Chennai – 600 008 | | **Phone** | (general line: +91 836-9995919) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/chennai/ | | **Practice focus** | Litigation · Insolvency & Bankruptcy · Real Estate | | **Notes** | Full-fledged office with experienced legal team. Supported by Mumbai HO. | ### 6. Bengaluru (Bangalore) | | | |---|---| | **Address** | INDIALAW LLP, No. 7 Chinnaswamy Mudaliar Road, Shivaji Nagar, Bangalore – 560 051 | | **Phone** | [080-4167-2444](tel:08041672444) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/bengaluru/ | | **Practice focus** | Litigation · Insolvency & Bankruptcy · Real Estate · Family Laws · Labour | | **Notes** | Located near Bangalore High Court. Handles corporate, commercial, banking and matrimonial disputes. | ### 7. Hyderabad | | | |---|---| | **Address** | 403, 4th Floor, Sanatana Ecstasy Building, beside Tanishq Show Room, Himayathnagar, Hyderabad – 500 029, Telangana | | **Phone** | [040-6666-5166](tel:04066665166) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/hyderabad/ | | **Practice focus** | Litigation · Banking · Insolvency & Bankruptcy · Real Estate | | **Notes** | Particularly well known for complex banking matters and real estate transactions. | ### 8. Cochin (Kochi) | | | |---|---| | **Address** | Second Floor, Pulikkal Building, K.K. Padmanabhan Road, Ernakulam North – 682 018, Kerala | | **Phone** | [0484-3583961](tel:04843583961) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/cochin/ | | **Practice focus** | Litigation · Insolvency & Bankruptcy · Real Estate | | **Notes** | Commercial disputes, property litigation, financial-claim arbitrations and real estate transactions. | ### 9. Noida (NCR) | | | |---|---| | **Address** | No. 16 & 17, Silver Offices, 17th Floor, Wave One, Sector 18, Noida – 201 301 | | **Phone** | (general line: +91 836-9995919) | | **Email** | contact@indialaw.in | | **Page** | https://www.indialaw.in/noida/ | | **Practice focus** | Aviation · Insurance · Mergers & Acquisitions · Corporate | | **Office head** | **Mr. Dinesh Gupta** (joined August 2025 to lead and expand the corporate practice) | | **Notes** | Newest office. Sector-focused on highly regulated industries serving NCR-based clients. | --- ## Quick-Dial Phone List | Office | Phone | |---|---| | Mumbai HO (Apeejay) | 022-6924-7400 | | Mumbai Excelsior | 022-697-40500 | | Kolkata | +91 33 4813 1001 | | Bengaluru | 080-4167-2444 | | Hyderabad | 040-6666-5166 | | Cochin | 0484-3583961 | | **General / Marketing line** | **+91 836-9995919** | Delhi, Chennai and Noida route through the general number. --- ## Social Channels - LinkedIn: https://www.linkedin.com/company/indialaw - X / Twitter: https://twitter.com/Indialawmumbai - Facebook: https://www.facebook.com/indialawllp/ - Instagram: https://www.instagram.com/indialawllp ---