The Ministry of Power, Government of India, has put up its shares worth 2700 crore in National Hydro Power Corporation (NHPC) for an offer for sale on the stock exchanges in India. Crawford Bayley & Co. acted as Indian counsel for the government through Counsel Shikhil Suri. Duane Morris Selvam LLP, led by India Practice Head Jamie Benson, was US counsel for the Government of India. AZB & Partners acted for the brokers, through a team comprising Partner Madhurima Mukherjee, Senior Associate Agnik Bhattacharya, and Associate Kumar Prashant. The sale will bring the government’s shareholding in NHPC down to 74.6%.
The post AZB, Duane Morris Selvam, Crawford Bayley in Govt’s 2700 crore NHPC disinvestment
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