29 May 2026
Trilegal advised each of Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II (each acting through its investment manager EAAA India Alternatives Limited) on the transfer of 100% of the shareholding of Kudgi Transmission Limited to Anzen India Energy Yield Plus Trust (acting through its investment manager EAAA Real Assets Managers Limited).
Kudgi Transmission Limited owns, operates, and maintains the Kudgi Transmission Line – incorporated in August 2013 and established to facilitate power evacuation from NTPC’s Kudgi Thermal Power Plant in Karnataka. The project comprises an extensive interstate transmission network connecting key substations across Karnataka and was commissioned on 24 September 2016. The project operates under a long-term Transmission Services Agreement with a tenure of 35 years.
The deal structure included unit swaps of Anzen India Energy Yield Plus Trust together with cash consideration. The final purchase consideration is subject to closing adjustments in accordance with the terms of the definitive documents.
Trilegal assisted each of Infrastructure Yield Plus II, Infrastructure Yield Plus IIA, and India Infrastructure Yield Plus II in drafting and negotiating the transaction documents.
The Trilegal Corporate Practice team advising on the matter was led by Partner: Kunal Chandra; and comprised Senior Associates: Sharnam Vaswani, Nezhat Fouzdar, and Kunal Paleja; Associate: Saee Hingmire.
The Trilegal Projects Practice team advising on the matter was led by Partners: Neeraj Menon and Swathy Pisharody; and supported by Associate: Nandini Bimbraw.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With 159 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,300 professionals across its Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.
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