Shardul Amarchand Mangaldas & Co Advised Indraprastha Gas Limited On Joint Venture With CEID For Biofuel Projects
SAM advised IGL on JV with CEID for biofuel and compressed biogas projects in India.
Shardul Amarchand Mangaldas & Co advised Indraprastha Gas Limited on joint venture with CEID for biofuel projects
The leading law firm in India, Shardul Amarchand Mangaldas & Co. (SAM) acted as legal counsel to Indraprastha Gas Limited (IGL) in relation to its joint venture with CEID Consultants & Engineering Private Limited (CEID) for the development of compressed biogas (CBG) plants and biofuel projects in India.
The joint venture envisages a 50:50 equity participation between IGL and CEID and is aimed at establishing sustainable energy infrastructure in line with India’s clean energy transition goals. The collaboration is expected to contribute to the development of biofuel capabilities and reduce dependency on conventional fossil fuels. The transaction also reflects the growing momentum in India’s bioenergy sector and highlights the increasing role of strategic partnerships in advancing sustainable infrastructure development.
The SAM transaction team was led by V. R. Neelakantan (Partner), with support from Varnika Mohan (Principal Associate), Sourav Naug (Senior Associate), Madhvi Vangani (Associate), Tanya Rathod (Associate), and Vedaant Prabhu (Associate).
Click to know more about Shardul Amarchand Mangaldas & Co
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.