JSA advised MUFG Bank, Ltd. and Crédit Agricole Corporate and Investment Bank in connection with rupee term loan facilities aggregating INR 817 crore, availed by Enren-II Energy Private Limited, a project company of Engie, for the development of a solar farm in Gujarat.
The transaction involved financing for a 200 MW (AC) solar photovoltaic power generation facility, located at GSECL’s Khavda Solar Park, situated in village Khavda, Taluka Bhuj, District Kutch, Gujarat.
The JSA team was led by Karan Mitroo (Partner), supported by Purvi Dabbiru (Partner), Aishwarya Dixit (Senior Associate), and Shantanu Awasthi (Associate).
Karan brings nearly 17 years of extensive experience in foreign and domestic debt financing in India. He advises leading clients across sectors such as renewables, infrastructure, real estate, healthcare, and hospitality.