REC Limited has sanctioned financial assistance aggregating to ₹600 crore to 4 SPVs of Copenhagen Infrastructure Partners for implementation of 102.3 MW renewable energy projects at Gadag and Kopal districts in the State of Karnataka.

Luthra and Luthra Law Offices India advised REC on this financing transaction.

The transaction team consisted of Girish Rawat (Partner), Himanshi Bhadoria (Senior Associate), Ishita Bajaj (Associate) and Devyani Kukreti (Associate).

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