IampS Associates AampM Law Offices and Luthra lead on Mahindra EPCs power projects in Rajasthan

Mahindra EPC Services will set up two solar photovoltaic power projects in Rajasthan along with a French company, Fonroche Energie S.A.S through its special purpose vehicles in India worth Rs. 100 crore ($18 million). 

A consortium of lenders comprising of KKR India Financial Services, Tata Capital Financial Services and Aditya Birla Finance are providing the term loan for the financing of the two projects.

I&S Associates advised Mahindra EPC Services with a team led by Partner Bakhtiar Sunavala.

A&M Law Offices advised Fonroche Energie and the SPVs with a team led by Partner Sanjeev Adlakha.

Luthra & Luthra advised the consortium of lenders with a team led by Mumbai Partner Bikash Jhawar.