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Saraf and Partners Advises Aseem Infrastructure Finance on establishment of a 12.98 MW/19.5 MWp Solar Project

Saraf and Partners provided legal counsel to Aseem Infrastructure Finance regarding the establishment of a 12.98 MW/19.5 MWp solar project planned for Nawagarh Tehsil, Durg District, Chhattisgarh, India

This involves a rupee term loan obtained by Balaton Solar Private Limited, a wholly owned subsidiary of IB VOGT (SINGAPORE) Pte. Ltd., based in Singapore

The Transaction involving diligence was led by Partner Designate, Satyadarshi Kunal while the transaction involving documentation was led by Partner, Abir Lal Dey.

Aseem Infrastructure Finance Limited (AIFL), an NBFC-IFC (Non-Banking Financial Company – Infrastructure Finance Company), was founded with the goal of catalyzing the expansion of infrastructure debt financing in India. Based in Mumbai, we obtained our RBI registration certificate in January 2020.

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