P&A, Fox Mandal act on Haldia Water Project agreement with Haldia Development Authority

Bar & Bench October 2 2019

Haldia Water Services Private Limited, a joint venture consortium between three companies Shristi Infrastructure Development Corporation Limited, Swach Environment Private Limited and ION Exchange (India) Limited, entered into a definitive agreement with Haldia Development Authority, West Bengal.

The agreement is for repair, upgradation, operation and maintenance, and management of existing 52 MGD water supply project at Haldia in pursuance to being selected as a successful bidder in a competitive tender process of Government of West Bengal.

P&A Law Offices acted for the consortium in structuring and formation of joint venture and execution, negotiation of the definitive agreement, led by its corporate partner Ketan Mukhija, along with principal associate Gaurav Priyadarshi and associate Tuhin Batra.

Fox Mandal (Kolkata team) advised Haldia Development Authority on the transaction.