The Firm acted as the Lenders’ Legal Counsel for consortium lending led by L&T Infrastructure Finance Company Limited (“L&T Infra”) for the financial assistance of upto INR 917.00 million to Atria Solar Power (Chamarajanagar) Private Limited, for the purposes of setting up of the 20 MW solar power project at Hiriyur, District Chitradurga, in the state of Karnataka. The scope of work included conducting due diligence of the borrower, its promoters and project documents, drafting of the financing and security documents and issuing opinion on the legal issues. The Firm would be further advising the lenders on the documentation for downselling, assignment of the facility to banks and financial institutions.

Toshiba Corporation (Toshiba), Suzuki Motor Corporation (Suzuki) & Denso Corporation (Denso) – Joint Venture to make lithium-ion battery packs in India.