Our industries
Power
Recognised as Pakistan’s leading corporate law firm in the power sector.
Pakistan’s electricity and power market is undergoing significant change. There is an extreme shortage of power in many parts of the country. A complex set of variables ranging from transmission and distribution constraints, resource availability, costs and technological advances are shaping our current and future generation, transmission and distribution needs. Government projections over the coming years clarify that substantial investment in these sectors will be essential, creating new opportunities and power projects for local and international developers, related industries and their customers.
Our experience began with the 1200 MW Hub Power Project. Since then, we have represented sponsors and/or lenders in almost all of the power projects in Pakistan. We have an extensive track record assisting power project sponsors, investors and developers. We regularly provide advice on generation, transmission and distribution projects. Our clients include power developers, facility owners, fuel suppliers, and domestic and international lending agencies.
Our expertise includes assisting in project structuring, tax planning, regulatory compliance, EPC contracts, project and conventional debt and equity financing, and site lease and acquisition. We have significant experience in acquisitions and divestitures in the power industry and regularly negotiate a wide range of supply and sales contracts, off-take and power purchase agreements, as well as other physical and financial contracts, operating agreements, interconnection arrangements with transmission and distribution grids, fuel supply and related arrangements.
We represent the interests of our clients in negotiations with the Private Power and Infrastructure Board, National Transmission & Despatch Company and fuel suppliers and before the National Electric Power Regulatory Authority and all other relevant regulatory authorities.
Practice areas
- Debt and equity project financing
- Engineering procurement and construction contracts
- Equipment supply contracts
- Fuel supply agreements
- Implementation agreements
- Land concessions
- Loan documentation
- Power purchase agreements
- Security documentation
- Shareholders’ agreements
At a glance
- AES: represented client in the USD 2b AES Power Project.
- British Gas: represented client in the Kot Addu Power Project.
- China Hub Power Generation Company: local project counsel for the development of 2×660 MW Coal fired power project
- Engro Energy Limited: counsel in the 225 MW Permeate Gas/Diesel based Project at Daharki, Sindh.
- Fauji Foundation: lenders counsel in respect of the financing of a 175 MW combined cycle power plant to be constructed by the project company
- Huaneng Shandong Ruyi Pakistan Energy Pvt Limited: local legal counsel to a consortium of lenders (including ICBC, China Construction Bank and Bank of China) for the financing 2×660 coal fired power project.
- K‐Electric Limited: legal advisors for the development of 2x660MW coal fired power project in joint venture with Chinese entities
- Rousch Pakistan Power Plant: 450 MW Natural Gas-Fired thermal plant.
- Sapphire Electric Company Limited: project counsel in the 225 MW Gas/Diesel based Power Project at Lahore.
- Siddiqsons Energy Limited: project counsel for the development of 350 MW Coal fired power project
- Sind Engro Coal Mining Company: legal counsel for the Company for drafting and negotiating the coal supply agreement.
- Sindh Nooriabad Power Companies: project counsel for the development of two 50MW gas fired power projects being set up under a Public Private Partnership in Nooriabad, Sindh
- Thal Nova Thar Power Company Limited: legal advisors to the project company for the development of 330MW coal fired power project in Thar
- The Hub Power Company Limited: counsel in the 1320 MW coal powered project.
- The Hub Power Company Limited: counsel in the 210 MW RFO based power station near Narowal (Punjab).
Contact one of our lead partners, Hasnain Naqvee, Bilal Shauka or Nadir Atlaf, today.