Dhir & Dhir Associates has acted as legal advisors to L&T Infra Debt Fund Limited and other consortium lenders for conducting the due diligence pertaining to financial assistance (including the working capital facility) of up to INR 1,330 Million sanctioned to Sadipali Solar Private Limited for the purpose of operating and maintaining 20 MW Solar PV Power project based on the photovoltaic technology in the state of Odisha.

The team included Girish Rawat, Partner, Varun Chauhan, Senior Associate, and Ashneet Chhabra, Associate. The scope of work included conducting due diligence of the borrower company and the project, drafting of the resolutions and certificates as per pre-commitment conditions of the sanction letter of the lenders and issuing an opinion on the legal issues.