The Firm has acted as the Lenders’ Legal Counsel to the consortium of lenders, led by Indian Renewable Energy Development Agency Limited for the financial assistance of INR 3,290.00 Million to Mihit Solar Power Private Limited for part financing the cost of implementing 74 MW Solar Photovoltaic Power Project at District Mansa, in the State of Punjab. The consortium comprised of Indian Renewable Energy Development Agency Limited and India Infrastructure Finance Company Limited.

Girish Rawat, Partner led the Firm’s banking & capital market team on the above transaction. The other team member included Sakshi Puliani, Senior Associate and Shikha Singh, Associate. The work involved drafting of financing and security documents, conducting due diligence on the borrower, its promoters and project documents, and issuing opinions on the legal issues.