Areete Law Offices represented Hira Power & Steels on forming a joint venture in Bhutan with Mr. Tenzing Yonten for manufacturing Ferro-silicon & Ferro-Manganese, with an estimated project cost of ₹1,400 million.
The transaction was handled by Amit Singhania (Partner) and Shubham Sharma (Associate) from Areete Law Offices.
Bhutan’s recent opening of its economy to foreign investment, along with allocations of power to foreign players, presents a strategic opportunity for Hira Power to expand its manufacturing capacity and establish a presence in Bhutan.
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