LUTHRA AND LUTHRA ACTED AS LENDERS’ LEGAL COUNSEL IN 2 SEPARATE TRANSACTIONS WORTH INR 6004 MILLION

Luthra and Luthra acted as lenders’ legal counsel in 2 separate transactions worth INR 6004 Mn

Luthra and Luthra Law Offices India assisted the lenders in the structuring of the transaction, negotiating, finalization and execution of the financing documents in connection with financial assistance sanctioned to –

  • Supply, configuration and integration of 11.00 lakh ‘smart energy meters” and auxiliary components for Southern Power Distribution Company of Andhra Pradesh Limited (“APSPDCL”) under the ‘YSR Uchita Vyavasaaya Vidyut Pathalkam’ policy of the government of Andhra Pradesh; and
  • Refinancing the existing project indebtedness of its operational 30 MW (2×15 MW) solar photovoltaic grid-connected power projects at Villages Chadiyana and Charanka (with 15 MW capacity each), Patan District in the State of Gujarat, India.

The Luthra and Luthra team comprised of Partner, Girish Rawat; Managing Associate, Varun Chauhan; and Associates, Himanshi Bhadoria and Abhinav Singh.

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