Malaysia’s largest power utility player Tenaga Nasional Berhad has picked up a 30 per cent stake in GMR Energy’s select portfolio of assets for $300 million (2000 crore)..Khaitan & Co acted as domestic legal counsel for Tenaga while Slaughter & May acted as international counsel..The Khaitan team was led by Associate Partner Akhil Bhatnagar along with Senior Associate Swathy Ramanath, with inputs and advice on certain deal issues by Partner Bharat Anand.The Due Diligence team included Shivanshu Thaplyal, Prateek Bhandari, Divya Srikanth, Jhinook RoySuditi Surana, Nishant Prasad, Sagar B.M., Yashashree Mahajan, Ayush Nanda, Peshwan Jehangir and Ayush Agarwala..Partner Avaantika Kakkar along with Principal Associate Anshuman Sakle and Associates Dhruv Rajain, and Zacarias Joseph advised on competition law aspect..The Slaughter & May team included Partner David Watkins and Associate Ben Heron..Pioneer Law Associates Partner Anup Upreti acted as Nepal counsel to Tenaga..Cyril Amarchand Mangaldas and Krishnamurthy & Co advised GMR Energy along with White & Case..The Cyril Amarchand team included Partner L Vishwanathan and Principal Associate Ruchira Shroff..The Krishnamurthy team was led by Milind Jha. The White & Case team was included Partner Nandan Nelivigi and Associate Yan Ng.
Malaysia’s largest power utility player Tenaga Nasional Berhad has picked up a 30 per cent stake in GMR Energy’s select portfolio of assets for $300 million (2000 crore)..Khaitan & Co acted as domestic legal counsel for Tenaga while Slaughter & May acted as international counsel..The Khaitan team was led by Associate Partner Akhil Bhatnagar along with Senior Associate Swathy Ramanath, with inputs and advice on certain deal issues by Partner Bharat Anand.The Due Diligence team included Shivanshu Thaplyal, Prateek Bhandari, Divya Srikanth, Jhinook RoySuditi Surana, Nishant Prasad, Sagar B.M., Yashashree Mahajan, Ayush Nanda, Peshwan Jehangir and Ayush Agarwala..Partner Avaantika Kakkar along with Principal Associate Anshuman Sakle and Associates Dhruv Rajain, and Zacarias Joseph advised on competition law aspect..The Slaughter & May team included Partner David Watkins and Associate Ben Heron..Pioneer Law Associates Partner Anup Upreti acted as Nepal counsel to Tenaga..Cyril Amarchand Mangaldas and Krishnamurthy & Co advised GMR Energy along with White & Case..The Cyril Amarchand team included Partner L Vishwanathan and Principal Associate Ruchira Shroff..The Krishnamurthy team was led by Milind Jha. The White & Case team was included Partner Nandan Nelivigi and Associate Yan Ng.
