April 24, 2025
Shardul Amarchand Mangaldas & Co. advised REC Limited in connection with term loan facility of INR 8536 Crores granted to Greenko KA01 IREP Private Limited, in relation to setting-up and implementing a storage project along with related evacuation infrastructure, in the State of Karnataka. The deal was signed on 10 June 2024.
This financing is one of largest funding in this sector, boasting a significant capacity of up to 1600 MW.
The transaction team was led by Anurag Dwivedi, Partner; Prince Singh, Principal Associate; and Amitanshu Saxena, Associate.
The Bar Council of India does not permit solicitation of work and advertising by legal practitioners and advocates. By accessing the Shardul Amarchand Mangaldas & Co. website (our website), the user acknowledges that:
Click here for important public notice from the Firm.