HSA Advocates

HSA Advocates climbs into the highly recommended tier, thanks to a steady performance in project finance and securitisation by the team led by leading lawyer Anjan Dasgupta. The practice’s knowledge of the financial services sector is well respected. New equity partner Harsh Arora joined Dasgupta in advising YES Bank on a Rs9.6 billion financing deal for the development of properties including Pullman, an upscale hotel, in New Delhi Aerocity. Ramya Hariharan, Argus co-founder, has arrived in Kolkata, while Citius Law founder Sharath Chandrasekhar bolsters the new office in Bangalore. Amitabh Sharma replaces still-active Hemant Sahai as managing partner.

HSA Advocates uses its deep expertise in energy and infrastructure to boost its corporate advisory work. Practice head Aparajit Bhattacharya and Harvinder Singh advised Ostro Energy, which is Actis Fund III’s renewable energy entity, on its $80.4 million acquisition of four solar power projects totalling 60 MW from Suzlon Energy. The team is aggressively seeking market share with the addition of Aninda Pal, Bharat Sharma, Sharath Chandrasekhar, Megha Arora, an energy and infrastructure specialist, and Ramya Hariharan.

HSA Advocates has a reputable practice, able to work across the energy and natural resources sectors. Practice co-head Hemant Sahai, a market-leading lawyer, and Aparajit Bhattacharya advised Solenergi Power on its successful bid to develop and maintain a 250 MW solar facility as part of the 750 MW Rewa solar project. Working with Mauritius’s Central Electricity Board, Sahai acted on the tender there for a purchase power agreement for a waste-to-energy project. Leading lawyer Anjan Dasgupta’s “relevant experience and convincing power” earns the respect of a client.