Shardul Amarchand Mangaldas Advised Power Finance Corporation On ₹661.50 Crore financing Of 140 MW Wind–Solar Hybrid Power Project By Bhuj Wind Energy

Shardul Amarchand Mangaldas advised Power Finance Corporation on ₹661.50 Crore financing of 140 MW Wind–Solar Hybrid Power Project by Bhuj Wind Energy

The leading law firm in India, Shardul Amarchand Mangaldas & Co. (“SAM”) acted as legal counsel to Power Finance Corporation Limited in connection with the ₹661.50 crore term loan financing for the development and implementation of a 140 MW wind–solar hybrid power generation project by Bhuj Wind Energy Private Limited (the “Toravi WSH Project”) in Vijayapura District, Karnataka.

The financing supported an integrated wind–solar hybrid facility with a total capacity of 70.2 MW of wind and 70.4 MWAC / 112.64 MWDC of solar capacity. The project is promoted by Continuum Green Energy Limited through its special purpose vehicle, Bhuj Wind Energy Private Limited. The funding facilitates the expansion of large-scale renewable energy infrastructure in India and contributes to the growth of hybrid power projects, enhancing grid stability and accelerating India’s clean energy transition.

The SAM transaction team was led by Anurag Dwivedi (Partner), supported by Prince Singh (Principal Associate) and Chaitanya Kashyap (Associate).

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