Ashita Bali

Ashita Bali is an Associate Partner in the New Delhi office of Phoenix Legal. Her primary practice area is Infrastructure Law, and her areas of practice include projects, energy and infrastructure and project finance.

She focuses on power (both conventional and non-conventional sources), mining, oil and gas, and public private partnership sectors. She has advised on a diverse range of projects pertaining to solar, wind, nuclear and thermal power sectors, liquefied natural gas and mining, and has extensively advised on projects pertaining to the development of urban infrastructure.

Her recent experience includes advising Petroleum Nasional Berhad on its acquisition of Amplus Energy Solution Pte. Ltd, the holding company for the group's solar energy business, including solar power projects (rooftop and open access), EPC and O&M business. She has advised Acme Cleantech Solutions Private Limited on the contractual framework for the construction and development of the second phase of a world-scale green hydrogen and green ammonia project in the Sultanate of Oman.

She has also advised STOA, a French infrastructure and power investment company, on its windfarm platform joint venture in India, intending to set up over 2 GW capacity; advised a subsidiary of a Fortune 500 cloud computing corporation on the regulatory requirements for developing a natural gas power plant in Singapore; and advised AES Corporation and its subsidiaries on the potential sale of their 49% stake in OPGC Limited and the subsequent sale to OHPC Limited pursuant to the Government of Odisha's exercise of its right of first refusal.

Other matters include advising Coöperatieve Rabobank U.A. on a facility provided by lenders led by it, including detailed legal due diligence on a 300 MW solar power project in Rajasthan; advising SJVN Limited on its acquisition of 100% stake in PTC Energy Limited, which owns and operates seven wind power projects; and advising an American entity on the Indian civil nuclear liability regime.

She has also advised NITI Aayog on the drafting and review of model concession documents — agreements, requests for qualification and requests for proposal — and reviewed concession documents received from ministries and government departments for PPP projects, including in the urban infrastructure and waste management space. She assisted the Municipal Corporation of Thane in reviewing and finalising the request for proposal and concession agreement for construction of houses for economically weaker sections and middle-income groups under the Pradhan Mantri Awas Yojana-Urban scheme on a PPP basis.

She was ranked as a Recommended Lawyer for Projects & Energy by Legal500 2026 and recognised by IFLR1000 2025 as a Rising Star in Project Development.