The firm advised PTC India Financial Services Ltd. For the financial assistance ofupto INR 300 Crores sanctioned to NRSS XXXVI Transmission Limited, for the establishment of Power Transmission Lines from Koteshwar pooling Station to Rishikesh, LILO of one Ckt. of 400 kV D/c from Sikar to Neemrana line at Babai (RRVPNL) and 400 kV D/c line from Babai (RRVPNL) to Bhiwani.

The various transmission elements under the transmission system are (a) 400 KV D/C Twin Koteshwar pooling Station- Rishikesh (HTLS) line, (b) 2 nos. of bays at 400 KV Rishikesh S/S, (c) LILO of one Ckt. of 400 KV D/C Sikar (PG) – Neemrana (PG) line at Babai (RRVPNL), (d) 2 Nos. of bays at 400KV Babai (RRVPNL) substation for LILO of one Ckt. of 400 KV D/C Sikar (PG) – Neemrana (PG) line at Babai (RRVPNL), (e) 400 KV D/C Twin Moose Babai (RRVPNL)- Bhiwani (PG) line and (f) 2 Nos. of bays at 400kV Babai (RRVPNL) substation for Babai (RRVPNL)- Bhiwani (PG) 400 kV D/C line.

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. The team was led by Girish Rawat, Partner along with Guranpreet Singh Sarna, Principal Associate and Aravind Karunakaran, Associate, Dhir & Dhir Associates.