Mr. Naqvee concentrates on Power Projects and related sectors. Since 2004, Mr. Naqvee has represented most of the new power projects, either as the project company counsel or as lenders’ legal counsel. Power projects of major technologies i.e. oil, gas, coal, hydropower or wind have been represented/ are being represented by him.
Mr. Naqvee specializes in all matters relating to setting up of an IPP including regulatory matters (PPIB, NEPRA, and SBP), Concession Agreements (implementation agreement, power purchase agreement, fuel supply agreement, gas supply agreement and water use agreement), EPC Contracts, O&M arrangements, Finance Documents and Lenders’ Security Package.
In the past, he spearheaded the team that developed the template of the concession agreements for Hydropower Projects in AJK. Mr. Naqvee played a key role in the financial closing of the landmark first hydropower project in Pakistan/AJ&K (Laraib Energy: New Bong Escape), being developed by Hubco/International Power UK and financed by international financial institutions (ADB, IDB, IFC and Proparco) together with HBL and NBP, the local lenders.
At present, Mr. Naqvee is handling the following upcoming projects:
- 840 MW Sukki-Kinari Hydropower Project;
- 150 MW K-Water/Daewoo/Sambu’s Patrind Hydropower Project;
- 100 MW Gulpur Hydropower Project;
- 100 MW Fatima Group’s Power Project based on bagasse and imported coal;
- 50 MW Sapphire Group’s Wind Power Project;
- 50 MW Lucky Energy Wind Power Project;
- 50 MW Hawa Energy Wind Power Project;
- 12 MW SSDJ Power Project
- Engro’s Local Coal Project.
Mr. Naqvee also advises clients on contracts administration, expert adjudication, arbitration and all other matters arising out of one or more agreements executed by the IPPs or their lenders. His expertise includes carbon credits arrangements and ADR/mediation.
