Banking deal closure – L&T Finance Limited

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The Firm has recently acted for and advised L&T Finance Limited and Axis Bank Limited (the “Lenders“), in connection with the financial assistance aggregating up to Rs. 820 Crores, proposed to be provided to Solairepro Urja Private Limited (the “Borrower”), in relation to the development, construction and operation of a 250 MW AC (350 MW DC) solar PV project awarded to the Company under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase II Batch II Tranche 1 state specific scheme and located at Kadapa Ultra Mega Solar Park , Kadapa District, Andhra Pradesh.

Team:

The L&L team was led by Purvi Dabbiru, Partner and the team comprised of Senior Associate, Ankita Parasar, and Associates, Aishwarya Dixit and Pragya Verma.

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