Infrastructure Sector

Infrastructure development is one of the biggest priorities driving India's economic growth. Roads, railways, ports, airports, urban transit, power transmission, and logistics networks are being built and upgraded at a scale rarely seen before, supported by large government outlays and a growing pipeline of public-private projects. For companies operating in this sector, this also means longer project cycles, complex funding structures, multiple regulatory approvals, and a need for strong financial and compliance discipline from the planning stage through to project completion.

Why Infrastructure Companies Need Specialised Advisory Support

Infrastructure projects typically involve central and state government departments, regulatory clearances, long gestation periods, and financing through a mix of equity, debt, and government grants. Contracts are often structured as joint ventures, special purpose vehicles (SPVs), or concession agreements, each carrying its own accounting, tax, and compliance requirements. Getting the financial structuring right at the outset, and staying compliant throughout the project life cycle, has a direct impact on project viability and returns.

How We Support Infrastructure Sector Clients

Regulatory and Compliance Advisory

We help infrastructure companies and SPVs obtain and maintain the approvals, licenses, and registrations needed to operate, and keep track of the compliance obligations that arise at each stage of a project, from bidding and financial closure to execution and handover.

Taxation Advisory

We provide direct tax, GST, and customs advisory tailored to construction contracts, EPC arrangements, and concession-based revenue models, along with support on tax positions relating to long-term contracts and project-linked incentives.

Structuring and Transaction Advisory

We assist with structuring SPVs, joint ventures, and consortium arrangements, and support due diligence and valuation work for project financing, stake sales, and asset transfers within the infrastructure space.

Statutory Audit and Financial Reporting

We conduct statutory and internal audits for infrastructure companies and project entities, verifying that project accounting, revenue recognition, and cost capitalisation are handled correctly under applicable accounting standards.

Restructuring and Insolvency Support

Where infrastructure projects face cost overruns, delays, or financial stress, we assist with debt restructuring, resolution planning, and insolvency proceedings to help stakeholders reach a workable outcome.

Corporate and Secretarial Compliance

We manage company law filings, board and shareholder documentation, and secretarial compliance for project companies and holding entities operating across multiple jurisdictions or states.

Outsourced Accounting and Finance Support

For companies managing multiple project sites, we offer outsourced bookkeeping, payroll, and finance function support so that project teams can focus on execution while financial records stay accurate and up to date.

Sub-Sectors We Serve

• Roads and Highways
• Railways and Metro Rail
• Ports and Shipping
• Airports
• Power Generation and Transmission
• Urban Infrastructure and Smart Cities
• Water Supply and Sanitation Projects
• Logistics and Warehousing

Our Approach

Infrastructure projects run on long timelines and involve many stakeholders, which means financial discipline has to be built in from day one. Our team combines accounting, tax, and regulatory expertise with a practical understanding of how infrastructure projects are structured and financed, so that clients get advice that holds up through every stage of a project, not just at the point of compliance filing.

Get in Touch

To discuss how we can support your infrastructure project or company, write to us at info@agarwalurs.com.