The Firm advised Indian Renewable Energy Development Agency Limited for financial assistance of Rs. 175.65 Crores (Rupees One Hundred and Seventy-Five Crores and Sixty-Five Lakhs Only) granted to Baitarani Power Project Private Limited, for the purposes of refinancing of existing loan in relation to operating and maintaining a 24 MW (3×8 MW) Lower Baitarani Hydro Electric Power Project at Village Singanali, Taluk Anandpur, District Keonjhar in the State of Odisha.

The scope of work inter-alia included conducting due diligence of the borrower company and the project documents, drafting of transaction documents, negotiation with the borrower team, drafting of resolutions, certificates, pre-commitment compliance report, pre-disbursement compliance report and issuance of closing legal opinion.