With strengths in project and infrastructure finance – especially in clean power – as well as DCM, structure and acquisition finance, securitisations and corporate loans, Luthra and Luthra Law Offices India‘s banking and finance team represents Indian banks, financial institutions, global lenders, investment and mutual funds, private equity firms and foreign investors. Harry Chawla, a real estate and M&A specialist; Girish Rawat, who is experienced in advising on high-profile transactions in projects and infrastructure, technology and hospitality; and Sharad Joshi, who focuses on projects, infrastructure advisory and general corporate mandates, are the key contacts. Karan Mitroo left the team in April 2025.
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Key clients
- Power Finance Corporation Limited
- JSP Green Wind 1 Private Limited
- Sunbreeze Renewables Nine Private Limited
- Azure Power India Private Limited
- Union Bank of India
- India Infrastructure Finance Company Limited
- Bank of India
- Federal Bank Limited
- REC Limited
- Indian Renewable Energy Development Agency Limited (IREDA)
- NIIF Infrastructure Finance Limited
- DBS Bank India Limited
Work highlights
Advised subsidiaries of Jindal Power Limited ie JSP Green Wind 1 Private Limited and Sunbreeze Renewables Nine Private Limited in relation to rupee loan facilities aggregating to INR 13082.90 crore made available by REC Limited for the purpose of, inter alia, part-financing the project cost in relation to solar and wind projects having an aggregate capacity of 2800 MW.
Acted for and advised a consortium of lenders comprising of Tata Capital Limited, Axis Bank Limited and Aditya Birla Finance Limited in connection with financial assistance sanctioned to JBM Eco Tech Private Limited aggregating up to INR 5530m for the purpose of procuring, supplying, operating and maintaining 380 AC electric buses (12m long) along with chargers, allied electrical and civil infrastructure for the Transport Department of Delhi Government.
Acted as the lenders' legal counsel in connection with financial assistance sanctioned to Adani Renewable Energy Forty-Eight Limited and Adani Green Energy Twenty-Five B Limited aggregating up to INR 5811 crore in relation to a 400 MW hybrid power project and 583 MW solar photovoltaic (PV) project in Khavda, Kachchh, Gujarat, respectively being developed and constructed by the borrowers.
Other key lawyers
Varun Chauhan; Ashneet Chhabra; Rachit Verma