+92 21 35838871 - 76

Syed Zaid Rahim

Syed Zaid Rahim

Junior Associate

Contacts

+9221 35838871 6 (six lines)

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Education

LL.B (Hons) University of Reading, 2014;

Bar Professional Training Course from BPP Law School, 2015;

Called to the Bar (Lincoln’s Inn), 2016.

Member

Member of Sindh Bar Council;

Advocate, Subordinate Courts, Pakistan.

Overview

Has worked on various corporate and commercial matters, contentious and non-contentious, including advising on matters relating to the private power sector with particular emphasis on power purchase agreements (gas, coal, dual fuel, RLNG and solar powered projects) as well as advising on aviation law, company law,labour law, beneficial ownership reporting requirements and mergers and acquisitionsand related queries. Notably:

  • Advising a foreign client and conducting due diligence on their behalf in relation to a possible acquisition of a FSRU owner.
  • Acting for K-Electric Limited in relation to a 453MWRLNG power project with EngroKolachiPortgen, including conducting extensive work on drafting and reviewing the power purchase agreement;
  • Acting for China Development Bank in relation to its financing of the Thar Coal Power Project including conducting due diligence on the project documents;
  • Acting as offshore legal counsel for Shanghai Electric Power Company Limited, in relation to the acquisition of K-Electric Limited, including due diligence and advising on, inter alia, shareholding structure of the power utility company, NEPRA’s tariff renewal mechanism and Pakistan’s listing regulations;
  • Advising K-Electric Limited in relation to its first power purchase agreement since its privatisation; including carrying out a risk analysis in relation to the prototype power purchase agreement which does not involve a Government of Pakistan Guarantee or any Government of Pakistan compensation after termination;
  • Acting for K-Electric Limited in relation to its power acquisition contracts with Sindh Nooriabad Power Company (Private) Limited and Sindh Nooriabad Power Company Phase II (Private) Limited (each a joint venture company of the Government of Sindh and Technomen Kinetics (Private) Limited) for its 50 MW gas-fired electric power generation plants to be located at Nooriabad, Sindh, Pakistan, including negotiating on behalf of K-Electric Limited and conducting extensive work on drafting and reviewing the power purchase agreement, energy wheeling agreement, escrow agreement and purchaser LC facility agreement;
  • Acting for K-Electric Limited for the 50 MW solar power project of Oursun Pakistan Limited to be located at Deh, Ghairabad, Mirpur Sakro, Thatta, Sindh, Pakistan, including negotiating on behalf of K-Electric Limited and conducting extensive work on drafting and reviewing the energy purchase agreement;
  • Drafting standard power purchase agreements for coal and dual fuel which are forming the touchstone for K-Electric Limited’s upcoming power acquisition ventures;
  • Acting for K-Electric Limited in relation to a power purchase agreement with Western Electric Limited for a dual fuel electric power plant, including negotiating on behalf of K-Electric Limited and conducting extensive work on drafting and reviewing the power purchase agreement;
  • Acting for K-Electric Limited in relation to a power purchase agreement with FFBL Power Company Limited for a 52 MW coal-fired electric power plant, including negotiating on behalf of K-Electric Limited and conducting extensive work on drafting and reviewing the power purchase agreement;
  • Advising the Aviation Working Group on the state of law in Pakistan prior to the accession of Pakistan to the Cape Town Convention and implementation and functioning of the Cape Town Convention since its accession;
  • Advising ABB Group Pakistan and preparinga legal opinion in relation to the establishment of their Workers Profit Participation Fund;
  • Advising BYCO Petroleum Pakistan Limited in relation to litigation pertaining to specific performance and mandatory injunction;
  • Drafting opinions and conducting research in relation to directors and shareholder’s duties in a public limited company including advising clients on possible management structures;
  • Advising clients on listing regulations in Pakistan and the procedure for the acquisition of a publicly listed company in Pakistan;
  • Conducting company searches for clients at the Securities and Exchange Commission of Pakistan.