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Dhir & Dhir Represents the Consortium of Lender’s Led by Power Finance Corporation Ltd.

Dhir & Dhir Represents the Consortium of Lender’s Led by Power Finance Corporation Ltd.

The Firm has acted as the lenders’ legal counsel to the consortium of lenders, led by Power Finance Corporation Limited for the financial assistance of INR 5,854.90 Million to Orange Urvakonda Wind Power Private Limited. This assistance was for part financing the cost of setting up of 100.80 MW (48 nos. of 2100 kW WTGs each) Wind Power Project at Tehsil Urvakonda, District Anantpur, Andhra Pradesh. The consortium comprised of Power Finance Corporation Limited andIREDA Ltd.

The mandate included drafting of financing and security documents, conducting due diligence on the borrower, promoters and project documents, and issuing opinions on the legal issues. The project team was led by Girish Rawat, Partner led along with Senior Associates, Guranpreet Singh Sarna and Sakshi Puliani, and Associates, Shikha Singh and Ananta Singh.

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