Posted By Tushar Mehta
Post Date: 16/12/2015
Trilegal is the consulting law firm for Alstom towards realizing a contract awarded by the Ministry of Railways, Government of India, under the ‘Make in India’ ambition. The pact includes establishing a manufactory at Madhepura, Bihar for manufacturing and supplying 800 electric locomotives for the Indian Railways.
The Trilegal team was led by Partners Anand Prasad and Saurabh Bhasin. The team was assisted by Head – Secretarial & Compliance, Sampath Kumar, Counsels Ramakant Rai and Nayantara Nag, and Associates Rashi Ahooja, Nitikia Chabbra and Priyanka Sharma.
The total worth of the pact for the new factory is $3 billion (around Rs. 20,000 Crore) and it signifies the first major FDI in the Indian Rail after the limit was elevated by the government in tabbed Railways sectors.
The project also comprises of the construction and operation of maintenance depots at Saharanpur and Nagpur for maintenance of the electric locomotives.