Clean Energy Investment U.S.-India
Clean Energy: Project Leaders
The project is guided under the aegis of the Center Director, Professor Michael Gerrard. Professor Gerrard is the Andrew Sabin Professor of Professional Practice at Columbia Law School and is the Director of the Sabin Center for Climate Change Law. From 1979 through 2008 he practiced environmental law in New York, most recently as managing partner of the New York office of Arnold & Porter LLP. His practice involved trying numerous cases and arguing many appeals in federal and state courts and administrative tribunals, handling the environmental aspects of numerous transactions and projects, and providing regulatory compliance advice. A prolific writer in environmental law and climate change, Professor Gerrard has written or edited over eight books and twice received the Association of American Publishers' Best Law Book award for works on environmental law and brownfields. Professor Gerrard was the 2004-2005 chair of the American Bar Association's Section of Environment, Energy and Resources.
Director of the Project
Aarthi Anand serves as the director of the project. Ms. Anand is a New York-and-India-qualified attorney with substantial experience in clean energy investment and corporate finance. She was a director for India and legal counsel in charge of South-Asia & Middle-East at EcoSecurities Group, a carbon trading firm and one of the world’s leading corporations in developing and sourcing emission reduction credits from greenhouse gas reduction projects. Ms. Anand is the author of a number of publications on carbon trading, alternative energy investment, commercial law and reform. She served as part of the corporate finance and structured lending teams at Holland & Knight, LLP, New York, as a Foreign Attorney. She also clerked with Justice Ruma Pal of the Supreme Court of India and taught the Law of Torts at National Academy of Legal Studies and Research (NALSAR) in India. In 2003, she earned her law degree in India, a B.A., B.L., (Hons.) from NALSAR, as a Rhodes Scholar read for the B.C.L at the University of Oxford in 2004, and then in 2006 received the L.L.M from NYU School of Law, specializing in Trade Regulation.
Law Firms: Project Collaborators
The project would like to thank and acknowledge the leadership and support of the law firms collaborating with us to develop our contract templates:
Weil, Gotshal & Manges LLP, New York
With special acknowledgment to:
Soo-Jin Shim, Partner, Weil, Gotshal & Manges LLP, Hong Kong
Soo-Jin Shim is a partner in the Banking & Finance Group. Ms. Shim regularly represents major financial institutions, private equity sponsors, and borrowers in complex financing transactions. She has extensive experience in cross-border leveraged and acquisition financings, syndicated loans, restructurings and work-outs, and mergers & acquisitions.
Richard Ginsburg, Partner, Weil, Gotshal & Manges LLP, New York
Richard Ginsburg is a Banking & Finance partner and one of a very few U.S.-trained, dual-qualified (admitted to practice in the U.S. and the U.K.) finance lawyers. He specializes in private equity acquisition and leveraged finance, and has recently relocated to New York from the London office, where he headed Weil’s London private equity finance group. He has been involved in a number of large, high-profile international transactions, and advised on a broad range of international corporate and banking transactions in relation to acquisition financings, principal finance, securitizations, joint ventures, and restructurings.
Bahram N. Vakil, Partner, AZB & Partners, India
One of the founding partners of AZB & Partners, Bahram N. Vakil is amongst India’s foremost infrastructure and project finance attorneys. Bahram specializes in power and infrastructure and has advised clients in relation to various infrastructure projects in India in the power, oil and natural gas, telecommunications, mining, airports and port sectors. He has also extensive experience in Mergers & Acquisitions, Private Equity and Project Finance and has won plaudits for his work in the project finance space. Bahram is one of the few infrastructure lawyers in the country who has been involved in five of the eight fast track power projects and has been acknowledged as a leading project finance lawyer by most international publications for over a decade. He has an LLM from the Columbia University, and is a member of the New York State Bar.
Vineetha M.G., Partner, AZB & Partners, India
Vineetha M.G. is currently a Partner at AZB & Partners. She completed her B.A., LL.B (Hons.) from the National Law School of India University, Bangalore in 1998 and began her career at ICICI Bank Limited. Since 2002 she has been with the Firm. The focal areas of her practice are project finance, private equity, cross border anti-corruption issues. She has extensive experience in the infrastructure space, specifically in the power, oil and gas, roads, airports and port sectors. Legal 500 (Asia-Pacific) 2011-12, named her among the “leading individuals” in the country in the practice area of ‘Banking and Finance’.
Terrence Dugan, Partner, Morgan Lewis & Bockius LLP, New York
Terrence L. Dugan is a partner in Morgan Lewis's Business and Finance Practice. Mr. Dugan currently focuses on domestic and international finance, construction and development, syndicated bank lending, workouts, and mergers and acquisitions, primarily in the energy and entertainment sectors. He also has substantial experience with complex multi-jurisdictional financings, high-yield securities offerings, structured finance, and lease finance.
Ken Rivlin, Partner, Allen & Overy LLP, New York
Ken Rivlin is head of Allen & Overy's Global Environmental Law Group, U.S. Environmental and Regulatory Law Group, and U.S. Pro Bono Program. He and his team advise on environmental and regulatory risk in transactions involving virtually every industrial sector, compliance with U.S. and E.U. environmental requirements (such as the WEEE and RoHS Directives and REACH), emissions trading and climate change, environmental disputes, toxic tort risk, SEC disclosure requirements, and corporate governance issues. Rivlin also advises on the U.S. Foreign Corrupt Practices Act (FCPA), dealings with OFAC-sanctioned countries, Exon-Florio and similar matters.
Justice & Attorneys: Project Collaborators
Honorable U.C. Banerjee, Justice (Retired), Supreme Court of India
After graduating from Scottish Church College, Calcutta Justice Banerjee read law in England and was called to the Bar from the Hon’ble Society of Inner Temple, London in 1964. He joined the Calcutta Bar as a Barrister in 1965 and practiced at the Calcutta High Court with distinction till 1984 when he was elevated to the Bench. Justice Banerjee was appointed as the Chief Justice of the High Court of Andhra Pradesh in February 1998 and elevated to the Bench of the Supreme Court in December 1998. After he retired from the Supreme Court, the Government of India appointed him as Chairman of the High Level Committee to investigate the Sabarmati Express fire accident at Godhra, Gujarat, Chairman of the Indian Olympic Association’s Ethics Committee. Presently, he serves as an arbitrator on many domestic and international arbitration panels. Justice Banerjee is the President and founder Council Member of SAARC Law, founder President and currently Governing Council Member of the National Academy of Legal Studies and Research (NALSAR), Hyderabad, and has been a Governing Council Member of National Law School, Bangalore. He has been a Member of Ravi-Beas Water Dispute Tribunal and Chaired two Courts of Enquiry on the orders of the Government of India.
Mohan Parasaran, Senior Advocate and Additional Solicitor General of India
Mr. Parasaran is a Senior Advocate and an Additional Solicitor General of India (ASG). As ASG, Mr. Parasaran has successfully represented the government in landmark cases, including the dispute between the Ambani brothers on the KGD6 gasfields, international tax matters with revenue effect of over $3.2 billion in the Vodafone case, the levy of luxury tax, sports regulation, and public interest matters concerning food security and shelter. Previously, he had a flourishing litigation practice for several decades at the Supreme Court and High Courts. Mr. Parasaran received the B.A. (Economics) First Class from the University of Madras, a law degree from Delhi University and an L.L.M. from the University of Cambridge.
Sriram Panchu, Senior Counsel, India
Mr. Panchu is a leading litigator and mediator, designated Senior Counsel (equivalent to a counselor-at-law or Queen’s Counsel in England) by the Judges of the Madras High Court in 1996. He specializes in constitutional and commercial laws. The Supreme Court of India has appointed him to mediate on border disputes between States in India and on matters affecting the Parsees, a vibrant minority community. The Madras High Court has also appointed him as amicus curiae to assist the court in several important cases. Along with Markandeya Katju (a fomer Justice of the Indian Supreme Court and Chief Justice of the Madras High Court), he established the first court-annexed mediation center in India in 2005. At NYU School of Law, he served as a Visiting Fellow of the Global Law School Program in 2000-01 and has delivered lectures in India and abroad. He has written extensively, including a book on mediation, Settle for More. He read law at Government Law College, Mumbai in 1976, after completing a B.A. in Economics and Political Science from Elphinstone College.
Arvind Datar, Senior Counsel, India
Arvind P. Datar is a Senior Advocate of the Madras High Court and a Cost & Works Accountant. He practices at the Supreme Court, the Madras and other High Courts. He is the author of Commentary on the Constitution of India, Guide to Central Excise and Guide to Excise Procedures and has written over 150 articles for various journals. He is the General Editor of Ramaiya’s Guide to the Companies Act and the Chief Editor of the forthcoming 10th edition of Kanga & Palkhivala’s Law and Practice of Income Tax. He is a trustee of the Palkhivala Foundation, Chennai and a Director of the Nani Palkhivala Arbitration Centre, Chennai. He was the former President of the Revenue Bar Association and former Joint Secretary of Tamil Nadu Mediation and Conciliation Centre.
Industry & Energy Experts
Mr. Y.S. Chowdary, Member of Parliament & Chairman, Sujana Group
Y.S.Chowdary is the Chairman of Sujana Group of Companies. He started a single appliances manufacturing unit in 1986 and built it into a $2 billion conglomerate involved in steel, home appliances, telecom & power infrastructure, energy, light engineering, healthcare, international trade, education and urban infrastructure. Beyond business Y.S.Chowdary has strived to make a difference in the lives of the underprivileged and created the Sujana Foundation which focuses on social entrepreneurship and serving the destitute. To serve the public at large, he agreed to serve as a Member of the Parliament, and was nominated to the Rajya Sabha, the upper house of the Parliament in India.
Hari Chereddi, Managing Director, Sujana Energy
Mr. Hari Kiran Chereddi, MD of Sujana Energy Limited, an Engineer & an MBA, comes with rich management expertise. He has played senior roles in Sales, Operations, Strategy and Program management in large corporations across the world. His last assignment was with Bank of America in India, where he was leading business management operations. He is an executive member of the Confederation of Indian Industries (CII) Southern Regional industry panel on 'Energy & Environment'. Hari’s vision is to build one of the world's most 'Responsible Energy' companies. His mantras include innovation and sleek organizations. Beyond business, Hari is passionate about education and the environment.
Lance Greyling, Chief Whip of the Independent Democrats and Member of Parliament, South Africa
Lance Greyling is currently the Chief Whip of the Independent Democrats in the National Parliament of South Africa. He is also the Shadow Minister of Energy for the official opposition Democratic Alliance. He has been in Parliament since 2004 and has served on a number of committees including Energy, Public Enterprises, Environmental Affairs and Finance.
Before assuming public office, Greyling was the regional programme manager for GLOBE Southern Africa, an organization tasked with building the capacity of members of Parliament on sustainable development issues. He has an Honors Degree in African Studies from the University of Cape Town and has recently completed a Postgraduate Diploma in Sustainable Energy at the University of Stellenbosch. He is also a Lifelong Fellow of the Southern Africa-United States Centre for Leadership and Public Values.
Dr.Ruth Rabinowitz, Former Member of Parliament, South Africa
Dr Ruth Rabinowitz is a medical doctor who became a Member of the South African Parliament for the Inkatha Freedom Party in 1994. In 2007, she formed a nonpartisan group of parliamentarians, the eREACT (e parliament Renewable Energy Activists) to promote interest in renewable energy in parliament and government. In this capacity she sponsored a private members bill on the REFIT (Renewable Energy Feed in tariff) currently, the most effective method of promoting uptake of renewable energy. She served three terms as Health Spokesperson, worked, among others on the Constitutional Committee, Education, Arts and Culture, Science and Technology, Energy, and Environment. After leaving parliament Dr Rabinowitz established the MamaEarth Foundation. The Foundation focuses on legislative initiatives and advocacy to foster sustainability and renewable energy. She has also written the book, “Working with Wonder.”
Investment & Government Finance Experts
N. Rajashekaran, Country Business Manager, Citibank
Rajashekaran is a seasoned banker with over 26 years in global experience in Corporate Banking, Risk, Treasury and Business Management, Shekar joined Citi over 11 years ago. He headed the business for Citi in India as the Country Business Manager from June 2008 onward. Previously, he has headed key portfolios in Citi Japan and Korea and at Bank of America and ABN Amro. In July 2011, he assumed the position of Country Business Manager, Global Consumer Group, Citi Thailand.
Subbu Subramaniam, Managing Partner, MCap Fund Managers
Mr. Subramaniam is the founder of MCap Fund Managers, a fund with significant green energy interest. With more than 14 years' experience, he is a doyen in private equity in India. He is also currently a Director on the Board of L&T Finance Holdings. Previously, as a founding Partner of Barings Private Equity in India, he successfully managed the entire life cycle of a fund, and has experience in trading bonds, equity and other asset classes at Bank of America and other global financial institutions. He is a Chartered Accountant, Corporate Secretary, and graduate of the Indian Institute of Management, Ahmedabad.
Arif Padaria, Managing Director of Investments, Massachusetts Clean Energy Center (MassCEC)
At the MassCEC, Mr. Padaria directs investments in game-changing clean energy technologies and has investment and board experience in early-through-late-stage companies, including solar, energy efficiency, storage, smart grid, etc. Arif has been involved in innovative technology development since 1990 in various capacities, as a direct investor (venture capitalist), investment banker (mergers & acquisitions), and company founder.
We thank Jonathan Waisnor (Columbia ’12), Julia Dobtsis (Cornell ’12), and Karen Chong (Columbia ’13) for valuable research assistance.