The firm has advised as the Lenders’ Legal Counsel to Power Finance Corporation Limited (“PFC”) for the financial assistance of up to INR 291.86 Cr sanctioned by it to ACME Nizamabad Solar Energy Private Limited, for the purposes of setting up of the 50 MW Solar PV Power Project at Village Nirmal, District Adilabad, Telangana. Girish Rawat, Partner, led the Firm’s Banking and Project Finance team on the above transaction. Girish was assisted by Sakshi Puliani, Senior Associate and Varun Chauhan, Associate. The scope of work included drafting of financing and security documents, conducting due diligence on the borrower, its promoters and project documents, and issuing opinions on the legal issues.