10 Apr 2026
Trilegal advises Apraava Energy on the sale of Jhajjar Power Project to Jindal Power
09 Apr 2026
09 Apr 2026
Trilegal advised Apraava Energy Private Limited (AEPL) on the divestment of its 1,320 MW Jhajjar Power Project (Project) in Haryana, a coal-based thermal power plant, to Jindal Jhajjar Power Limited (JJPL) (a wholly owned subsidiary of Jindal Power Limited).
Jindal emerged as the successful bidder in a competitive bid process initiated by Apraava, for the acquisition of 100% of the shareholding in Jhajjar Power Limited (JPL). Thereafter, JJPL entered into a share purchase agreement, for acquisition of 100% of equity shares and compulsorily convertible preference shares of JPL from AEPL, Apraava Renewable Energy Private Limited and Kohima Mariani Transmission Limited.
Trilegal’s role involved conducting comprehensive vendor due diligence of JPL and assisting AEPL with drafting and negotiating all the transaction documents. Commissioned in 2012, JPL operated one of the first supercritical thermal projects in India. Notably, Trilegal had also advised AEPL (then CLP India) on the successful bidding for, and 100% acquisition of, the project company in 2008 as well as the development of the Project, thereby bringing the transaction full circle with the current sale.
The Trilegal transaction team advising on the matter was led by Partner: Neeraj Menon and Delano Furtado; supported by Counsel: Saumya Kakar and Kaneeka Mehta; and Associates: Pranika Correa and Punit Sanwal.
Trilegal Projects team advising on the matter was led by Partner: Neeraj Menon; supported by Counsel: Kaneeka Mehta; Associates:Manasvi Sharma, Yashaswi Belani, Ayush Mundra.
Trilegal Corporate team advising on the matter was led by Partner: Delano Furtado; supported by Counsel: Saumya Kakar; Associates: Pranika Correa, Rhea Almeida, Ridhi Shetty, Punit Sanwal.
Trilegal Banking & Finance team advising on the matter was led by Partner: Joseph Jimmy; supported by Counsel: Parinaz Vaidya; Senior Associate: Jinay Padh; Associate: Yajat Bansal, Shreyaa Mohanty.
Real Estate team advising on the matter was led by Partner Rahul Arora; supported by Counsel: Abhinav Mishra; Associate: Saraswati C. Rawandale.
Trilegal Litigation team advising on the matter was led by Partner: Tine Abraham, Janmali Manikala; supported by Counsel: Girik Bhalla, Aayush Marwah; Senior Associate: Damodar Solanki, Pundrikaksh Mitruka; Associate: Romi Kumari.
Trilegal Anti-trust team advising on the matter was led by Partner: Gautam Chawla; supported by Senior Associate: Madhav Kapoor; Associate: Akanshha Agrawal.
Trilegal TMT team advising on the matter was led by Partner: Jyotsna Jayaram, Thomas Vallianeth; supported by Senior Associate: Sidharth Ray; Associate: Anushka Gupta.
Trilegal Tax team advising on the matter was led by Partners: Himanshu Sinha, Komal Dani; supported by Counsel: Rohit Kumar S; Senior Associate: Anjani Kumar; Associate: U Shreyas.
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 over 150 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,200 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 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, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com
If you do not wish to receive such information in future, please write to us at BD@trilegal.com, and we will unsubscribe you from our mailing list.
Deal: Trilegal advises Macquarie Corporate Holdings on the sale of Vibrant Energy to Inox Clean Energy
Deal: Trilegal advises Elliott Investment Management L.P. on CCI approval for its significant investment in Toyota Industries Corporation
The quiet death of ADRs: Why investors no longer need Wall Street’s window into India
Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:
We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:
For more information, please read our terms of use and our privacy policy.
