INDUSLAW Advises Power Finance Corporation

BW Online Bureau Jun 05, 2024

The deal team comprised Pritha Chatterjee (Partner), Neeati Narayan (Principal Associate), Rishabh Bhojwani (Senior Associate), Abhishek Jha (Associate), M Arun Kumar (Partner), Ahona Pal (Senior Associate), Harshit Manaktala (Senior Associate), Anurag Mawai (Associate) and Aayushi Kulshreshtha (Associate)

INDUSLAW advised Power Finance Corporation Limited in relation to the term loan of USD 145.34 million finance availed by the ACME Sikar Solar Private Limited ("ACME") for setting-up and implementation of a 300 MW (450 MWp) solar PV power project in Bikaner, Rajasthan.

This transaction was one of the biggest deals executed by ACME in the solar power sector so far this year.

INDUSLAW team comprised of the following: -

Banking & Finance team: Pritha Chatterjee (Partner), Neeati Narayan (Principal Associate), Rishabh Bhojwani (Senior Associate) and Abhishek Jha (Associate).

Projects team: M Arun Kumar (Partner), Ahona Pal (Senior Associate), Harshit Manaktala (Senior Associate), Anurag Mawai (Associate) and Aayushi Kulshreshtha (Associate).