Luthra and Luthra acted for IREDA in refinancing deals aggregating upto INR 3900 Million
Luthra and Luthra Law Offices India advised Indian Renewable Energy Development Agency Limited (“IREDA” or “Lender”) in separate two refinancing transactions related to financial assistances sanctioned for 18 MW ‘Hydro Power Project’ in the State of Odisha and 100 MW “Solar Power Project” located in the State of Telangana aggregating up to INR 1155.00 Million and INR 2768.00 Million, respectively.
The Luthra and Luthra transaction team for Hydro Power Project was led by Girish Rawat (Partner), Varun Chauhan (Managing Associate), Himanshi Bhadoria (Associate) and Abhinav Singh (Associate). Whilst, the transaction team for the Solar Power Project consisted of Girish Rawat (Partner), Ms. Ashneet Chhabra (Senior Associate) and Mr. Pranav Dwivedi (Associate).
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