Luthra advises on project-specific funding to Kosol Energie for the development of a 40 MW Solar Power Project – EQ Mag
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A 40 MW solar photovoltaic grid connected power plant is being developed at Junachay and Manjal of Kutchh District in the State of Gujarat.
Power Finance Corporation Limited has sanctioned a project specific funding to Kosol Energie Private Limited for development of 40 MW solar photovoltaic grid connected power plant at Junachay and Manjal of Kutchh District around Gujarat Energy Transmission Corporation substation in the State of Gujarat for the Gujarat State Electricity Corporation Limited.
Luthra and Luthra Law Offices India advised and acted for Power Finance Corporation Limited in this transaction.
The transaction team consisted of Girish Rawat (Partner), Ashneet Chhabra (Senior Associate) and Ranjini Ghosh (Associate).
Source: PTI
