The firm has acted as the Lenders’ Legal Counsel to Power Finance Corporation Limited for the financial assistance aggregating to INR 2.91 Billion sanctioned by it to Acme Nizamabad Solar Energy Private Limited for part financing the cost of setting up of 50 MW Solar PV Power Project at District Adilabad in the State of Telangana. Girish Rawat, Partner led the firm’s banking, finance & capital market team on the above transaction. The other team members included Sakshi Puliani, Senior Associate, Shikha Singh and Varun Chauhan, Associates. 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.