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Legacy assists MPPTCL for the Development of Transmission Project

“EY India – Legacy Law Offices Consortium” comprising of Ernst & Young Pvt. Ltd. and Legacy Law Offices was appointed by the Madhya Pradesh Power Transmission Company Ltd. (MPPTCL) to provide Transaction Advisory including Legal Consultancy Services for the Development of the Transmission Project for Evacuation of Power from 2×250 MW Extension Unit at Satpura by Construction of 400 KV Satpura – Ashta DCDS Transmission Line in the State of Madhya Pradesh through Public Private Partnership (PPP) on Design, Built, Finance, Operate and Transfer (“DBFOT”) basis. The scope of work included preparation of Bid Documents for the selection of the Transmission Service Provider (TSP) through competitive bidding process. The TSP shall entered into Transmission Service Agreement (TSA) with MPPTCL.  The project achieved Financial Closure and construction was completed before time. MPPTCL was conferred with the Prestigious Award 2015 in the category of “Remarkable Projects” by the Council of Power Utilities for this PPP Project.