Pallavi Bedi

Pallavi Bedi is a Partner at Phoenix Legal who specialises in Projects, Energy and Infrastructure and Project Finance. Her primary practice area is Infrastructure Law.

She advises clients through all phases of the development, construction, financing and investment in energy projects (including power — conventional and clean energy — oil and gas, LNG and mining), transportation projects (including railways, ports and airports) and other infrastructure projects. She draws on two decades of experience to regularly advise project developers and sponsors, investors, energy companies, government, commercial banks and other financial institutions.

She has advised on diverse energy projects, such as power projects (both conventional and renewable energy), upstream developments in oil & gas (including production sharing contracts and joint operating agreements), LNG projects (including LNG sale and purchase agreements) and mining projects (including mining agreements and offtake agreements).

She has advised domestic and international borrowers and lenders on multiple project finance deals. In addition, she advises clients on concession agreements, PPP frameworks, gas sale and purchase agreements, power purchase agreements, offtake agreements, EPC contracts and O&M contracts in relation to diverse projects.

Prior to joining Phoenix Legal, she was a partner at Luthra and an Equity Partner at JSA. In addition to working in the Indian market, she has experience working in London with Mayer Brown International LLP, where she extensively worked on the development and financing of mining projects located in Africa and Europe.

Her representative transactions in the energy and infrastructure sector include advising Petroleum Nasional Berhad on its acquisition of Amplus Energy Solution Pte. Ltd, the holding company for its entire solar energy business, including solar power projects (both rooftop and open access) and EPC and O&M business; advising STOA, a French infrastructure and power investment company, on its windfarm platform joint venture in India, intending to set up over 2 GW capacity; and advising Aljomaih Energy and Water India Private Limited on drafting, negotiating and finalising project term sheets and agreements, including in relation to EPC, O&M, supply of modules and transmission line works for a solar project in Rajasthan and Gujarat.

She is also advising RITES (and the Railway Board) on the first-of-its-kind project on privatisation of passenger train operations on a PPP basis, where private entities would be granted concessions to operate passenger trains on 12 clusters and routes; advising Fortum on its fund raise, commencing with a vendor due diligence with respect to its India subsidiaries owning solar projects in various states in India; and advising NITI Aayog on the drafting and review of model concession documents — agreements, requests for qualification and requests for proposal — and reviewing concession documents received from ministries and government departments for PPP projects.