Law Relating to Infrastructure Project, 2nd edn.

Law relating to Infrastructure Projects is a comprehensive reference book for lawyers and individuals and bodies involved in the implementation and financing of infrastructure projects in India. The first part of the book covers the manner in which infrastructure projects can be implemented; identifies the risks associated with projects and how they are handled in legal documentation, and expounds the generally applicable legal principles such as jurisdiction over infrastructure sectors, liquidated damages, environment, taxation etc. It also provides a discussion on the financing of infrastructure projects and the issues that the Indian legal framework throws up in project financing. The second part of the book deal with the legal framework of specific infrastructure sectors of Electricity (covering the impact of the Electricity Act 2003), Telecom, Roads and National Highways, Water, Airports (including the impact of the recent amendment made in 2003 to the Airports Authority of India Act), Natural gas (including LNg Projects and International Pipeline Projects) and Ports. The third part of the book provides an introduction to the various major documentations required to achieve financial closure of infrastructure projects as well as a discussion on PPAs, Concession Agreements, EPC Contracts, O&M Contracts, Common Loan Agreements, Intercreditor Agreements and Shareholders Agreements. A reference compilation of the various model draft documents drafted by the government of India is also included. Case law includes the latest judgment of the Supreme Court in the matter of disinvestment of HPCL and BPCL.