Ashish Suman

Partner at J. Sagar Associates

Ashish’s key focus area is Infrastructure Specialty contracts as well as Public Procurement and Public Private Partnership with a focus on Construction, Transportation and Energy.

Ashish practices in the areas of Projects with a focus on Infrastructure sector including Rail, Road & Highways and Transport. He has a broad legal background of more than 15 years of post-qualification experience in Infrastructure & Transportation Sector as well as Merger & Acquisitions wherein he has been advising on Acquisition of Road Projects, Solar & Wind Power Projects, Foreign Direct Investment and General Corporate Commercial. He has extensively worked on projects relating to domestic and international road & highway projects and have advised on Framework Agreements for Expressways, EPC, Operation and Maintenance Contracts & Joint Ventures in Road Sector.

In the general corporate law and M&A transactions, he has led the team of lawyers representing various multinational businesses, state-owned entities, private equity firms, and venture capital firms, particularly in the Infrastructure, Heavy engineering, R&D, Automotive, Construction & Engineering and has been involved in transaction involving more than USD 3-4 Billion of FDI in India in the last 4-5 years. His work assignments have related to the drafting of share sale and purchase agreements, joint venture agreements, shareholders agreements, and associated transaction documents and rending strategic advice to his clients – domestic and foreign.

He has provided legal advice and services to both private sector as well as public sector entities, both domestic and international on a wide range of practice areas including Arbitration, General Corporate & Commercial, Foreign Direct Investment, Joint Ventures and Infrastructure Projects. In infrastructure sector he has dealt extensively on issues relating to EPC Contracts-FIDIC, NEC bases Contracts, DBFOT, BOT (Toll/Annuity), BOOT Projects carried out on a PPP basis and have also drafted various model concession Agreements including EPCM Agreement for World Bank, Hybrid Annuity, Expressway Concession Agreement and Engineering & Procurement Contracts. Ashish also advises on risk analysis and providing mitigation strategies. Extensively worked in projects relating to domestic and international expressways, road, building & construction, rail and power.

Ashish has been advising on financing and investment issues to Power Finance Corporation, Rural Electrification Corporation and IREDA on various solar and wind projects. Have recently advised in the acquisition of the three wind projects wherein the acquisition was through share purchase and slump sale. Ashish also advises on risk analysis and providing mitigation strategies.

He is also advising on issues and transactions in the Oil & Gas sector and is advising large Indian & International Oil & Gas companies undertaking upstream/midstream/downstream activity on various issues with reference to licensing, joint operating agreements and oil field services contracts.

Timeline

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    Partner

    Current role

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