We have extensively advised on the following areas of law pertaining to the power sector i.e., Power Policy 1994, Power Policy (Hydel) 1995, Power Policy 1998, Power Policy 2002 & 2006 and Transmission Policy 1995.Our clients include companies in the private sector working for the generation, transmission and distribution of electric power regarding legal aspects of their interactions with the National Electric Power Regulatory Authority (NEPRA), Private Power & Infrastructure Board (PPIB) and Provincial & AJK PPCs.
We are able to guide our clients from the issuance of LOI of a power project to the financial closing of the project. We have drafted and negotiated numerous project documents such as implementation agreements, power purchase agreements, fuel supply agreements or water use agreements, guarantees and other documents executed 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. We are also able to draft and negotiate 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 executed 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 from NEPRA for generation, transmission and distribution of electric power.