CESC moves to acquire Bhojraj Renewables Energy through application of Precept-Law regulations
The Precept Law Offices have been instrumental in the acquisition of Bhojraj Renewables Energy Private Limited (BREPL) by Purvah Green Power Private Limited.
In this significant transaction, Manish Singh, a Partner at The Precept Law Offices, led the proceedings, with the support of Senior Associates Seraj Khan and Vivek Vashisth [1][2][4]. The Precept Law Offices acted as the lead transaction counsel for BREPL, providing comprehensive legal advice and representation throughout the acquisition process.
The Precept Law Offices were involved in the structuring, negotiation, finalization, and execution of all transaction agreements and documents, ensuring a smooth and successful acquisition [3]. They also advised on various legal and regulatory requirements, ensuring compliance at every step of the way.
It is worth noting that Bhojraj Renewables Energy is a special purpose vehicle of Tarbiya Construction and Infrastructure Private Limited. However, The Precept Law Offices were not involved in the acquisition process of Tarbiya Construction and Infrastructure Private Limited, and Tarbiya was not involved in the acquisition of Bhojraj Renewables Energy.
The Precept Law Offices' expertise was also utilised in the due diligence of the vast land parcels required for setting up the project, ensuring that all legal aspects were thoroughly addressed.
With this acquisition, Purvah Green Power Private Limited has significantly expanded its renewable energy portfolio, and The Precept Law Offices are proud to have played a crucial role in this exciting development.
[1] https://www.preceptlaw.in/team/manish-singh/ [2] https://www.preceptlaw.in/team/seraj-khan/ [3] https://www.preceptlaw.in/team/vivek-vashisth/ [4] https://www.preceptlaw.in/news/the-precept-law-offices-advise-on-the-acquisition-of-bhojraj-renewables-energy-by-purvah-green-power/
The Precept Law Offices' extensive experience in the energy industry and their expertise in finance and business were instrumental in the acquisition of Bhojraj Renewables Energy by Purvah Green Power, enabling a smooth and successful transaction. After the acquisition, Purvah Green Power significantly strengthened its renewable energy business portfolio, demonstrating lucrative opportunities in this sector.
