Mukund Dhar
Biography
Overview
Mukund Dhar is a complex commercial contracts specialist with more than 18 years' experience advising clients on energy, natural resources, infrastructure and satellite and telecommunications related matters, especially in emerging markets. He advises a broad range of stakeholders across practice areas that span project development and financing and acquisitions within these sectors. Mukund chairs the firms' Africa Interest Group.
Experience
Energy and natural resources
Renewable energy projects in Azerbaijan, 2021
Representation of Ministry of Energy of the Republic of Azerbaijan on a US$300 million 240 MW wind power project, which will be developed by ACWA Power, and in connection with a 230-megawatt utility-scale solar photovoltaic (PV) project, which will be developed by Masdar. Both of these projects are landmarks for the Republic of Azerbaijan, as they represent the first foreign investment-based power and renewable projects in the region.
Gas processing project in West Africa, 2021
Representation of ANOH Gas Processing Company Limited, a gas processing company established by SEPLAT Petroleum Development Company Plc and the Nigerian Gas Company, a wholly owned subsidiary of the Nigerian National Petroleum Corporation (NNPC), on the project financing of the ANOH gas project, a 300MMscfd gas processing plant and ancillary facilities in Nigeria.
Acquisition of upstream interests in Nigeria, 2021
Representation of TNOG Oil and Gas Limited, a related company of Heirs Holdings Oil & Gas Limited and Transnational Corporation of Nigeria Plc (Transcorp), on the highly innovative acquisition financing of a 45 percent participating interest in Nigerian oil licence OML 17 and related assets from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI, with TNOG Oil and Gas Limited having sole operatorship of the asset.
LNG project in Southern Africa, 2020
Representation of the financiers on a landmark US$20 billion project financing of Mozambique's first onshore LNG development, Mozambique LNG, one of the largest ever foreign direct investments into Africa.
Upstream acquisition financing in Brazil, 2019
Representation of the mandated lead arrangers on a multi-million senior secured borrowing base facility for the purposes of financing the acquisition of assets by Trident Energy from Petrobras located in Brazil.
Satellite and telecommunications
Indonesia Satellite, 2021
Representation of the lenders on the financing of the US$540 million Indonesia Government Multifunction Satellite Public Private Partnership (PPP) Project. Indonesia's Ministry of Communication and Informatics (KOMINFO) initiated the Government of Indonesia Multifunctional Satellite PPP Project to provide fast internet access to remote areas in Indonesia, which can be accessed by various government sectors, such as maritime, education, health, agriculture, communication and others. Satellite-based connectivity is the only feasible access technology to cost-effectively address these remote locations.
Norwegian Satellite, 2020
Representation of DNB Bank ASA as mandated lead arranger and lender on the financing of the Arctic Satellite Broadband Mission. The project, which will benefit from support from the Norwegian Export Credit Guarantee Agency (GIEK), is being executed and will be operated by Space Norway, a state-owned limited company that is managed by the Norwegian Ministry of Trade, Industry and Fisheries.
