With Foreign Direct Investment being permissible up to 100% through the automatic route (such as coal and lignite), mining has become one of the most lucrative industries in India.At the same time, infrastructure remains the driver for the Indian economy.
We provide holistic strategic advice to Indian and overseas private and public sector mining companies carrying out operations in India. Our teams has extensive experience of various mining laws including The Mines Act, 1952, The Mines Rules, 1955, Mines Rescue Rules, 1985, Coal Mines Regulations, 1957, The Oil Mines Regulations, 1984, The Minor Mineral Concession Rules, 1960, The Orissa Minerals (Prevention of Theft, Smuggling and other Unlawful Activities) Act, 1988 and Odisha Minor Mineral Concession Rules, 2016.We also assist clients in negotiating, drafting and vetting agreements such as joint ventures agreements for coal mining projects, coal import and marketing agreements, leasing agreements for mining and quarrying, sub-contracting agreements, coal supply agreements, and drilling contracts.
We also regularly assist clients in setting up infrastructure projects in India such as SEZs, power, road, airport, port, oil & natural gas, telecom, fertilizer and water & waste management. We offer pragmatic, commercial and value-added legal advice through our experience of the industry sectors our clients operate in. We always approach transactions with an understanding of the commercial pressures our clients operate under and continuously endeavour to mitigate costs as well as risks involved in their business.