Juris Corp acted as legal advisor to IndianOil LNG Private Limited, a group company of Indian Oil Corporation Limited, in relation to Rs. 2,800 crore term loan facility extended to the company by a consortium of six banks led by State Bank of India..DealIndianOil LNG Private Limited avails term loan by a consortium of 6 banks led by State Bank of India.Value₹2,800 croreSectorInfrastructureDeal TypeBanking & Project FinanceLaw firmsJuris Corp– IndianOil LNG Private Limtied andIndian Oil Corporation limitedPartners/HeadsVeena Sivaramakrishnan, Nand Gopal Anand .Juris Corp team was led by Partners Veena Sivaramakrishnan and Nand Gopal Anand along with Senior Associate Ankit Sinha..The said loan has been availed for the purpose of financing the costs of setting up of a new liquefied natural gas receiving terminal located at Kamarajar port, Ennore, Tamil Nadu. This terminal will be the first of its kind in the east coast. India currently has four such terminals, all on the west coast. The Ennore EPC project entails designing and building a facility to regasify five million metric tonne per annum (MMTPA) of tanker-borne LNG imported by IOCL.
Juris Corp acted as legal advisor to IndianOil LNG Private Limited, a group company of Indian Oil Corporation Limited, in relation to Rs. 2,800 crore term loan facility extended to the company by a consortium of six banks led by State Bank of India..DealIndianOil LNG Private Limited avails term loan by a consortium of 6 banks led by State Bank of India.Value₹2,800 croreSectorInfrastructureDeal TypeBanking & Project FinanceLaw firmsJuris Corp– IndianOil LNG Private Limtied andIndian Oil Corporation limitedPartners/HeadsVeena Sivaramakrishnan, Nand Gopal Anand .Juris Corp team was led by Partners Veena Sivaramakrishnan and Nand Gopal Anand along with Senior Associate Ankit Sinha..The said loan has been availed for the purpose of financing the costs of setting up of a new liquefied natural gas receiving terminal located at Kamarajar port, Ennore, Tamil Nadu. This terminal will be the first of its kind in the east coast. India currently has four such terminals, all on the west coast. The Ennore EPC project entails designing and building a facility to regasify five million metric tonne per annum (MMTPA) of tanker-borne LNG imported by IOCL.