Luthra and Luthra

Karan Mitroo

Partner

Contact

+91 11 4121 5100

kmitroo@luthra.com

Overview

With nearly 15 years of invaluable experience under his belt, Karan specializes in rendering advisory and legal assistance in the field of foreign and domestic debt financing in India with clients ranging in various sectors including renewables, roads, ports, steel, thermal power, transmission, airports, hospitality, healthcare, real estate.

Karan has a holistic approach to structuring and negotiating finance and restructuring deals, having advised several stakeholders including borrowers, sponsors, lenders and bond-holders. He has advised clients on myriad financing transactions including project finance, structured finance, corporate finance, restructurings, cross-border financings, debenture issuances and overseas direct investments.

Karan’s roster of clients includes New Development Bank, Coöperatieve Rabobank U.A., Intesa Sanpaolo S.P.A, Bank of America, Siemens Bank GmbH, DBS Bank, Société Générale, Japan Bank for International Cooperation (JBIC), Nordic Investment Bank, State Bank of India, PFC Limited, REC Limited, L&T Finance Limited, ICICI Bank, Tata Capital, Aseem Infrastructure, HDFC Bank, Aditya Birla Finance, Virescent (KKR backed renewable platform), Engie, GIP (Global Infrastructure Partners), Enel Group, the Adani Group, Renew Power, amongst others.

He is a Member of the India Committee of APLMA and is on the Editorial board of EQ, one of India’s premier publishing and research houses for renewable energy in India. He has also been featured in the Asia Law Client Servicing Report, 2020, which highlights lawyers who have consistently delivered high quality service to clients.

Experience Statement

  • Advised Coöperatieve Rabobank U.A., Intesa Sanpaolo S.P.A, Siemens Bank GmbH and Société Générale in connection with the ECB financing of USD 147 Million provided to Renew Solar Urja Private Limited (part of the Renew Power group) for a 300 MW solar power project in the state of Rajasthan.
  • Advised DBS Bank in connection with the ECB financing of SGD 470 Million provided to Bharat Mumbai Container Terminals Private Limited (part of the PSA group, Singapore) for the Phase II of the Fourth Container Terminal at Navi, Mumbai, India.
  • Advised Infrastructure Finance Company Limited (United Kingdom) in connection with financial assistance in the form of an external commercial borrowing facility aggregating to approximately USD 31 Million, to a company developing, implementing and setting up a 100 MW (AC) solar power project.
  • Advised Renew Surya Roshni Private Limited in connection with ECB facilities availed by it from a consortium of 12 lenders for an amount equivalent to USD Equivalent of INR 77.60 Billion in relation to the financing, construction and operation of a 400 MW capacity “Round The Clock” Project.
  • Advised SB Energy Six Private Limited (sponsored by SB Energy Holdings Limited, a part of the SoftBank group) in an ECB financing for an aggregate amount of USD 266,400,000 and JPY 7,415,000,000 involving lenders from various jurisdictions including MUFG Bank Limited, Sumitomo Mitsui Banking Corporation, BNP Paribas, Société Générale and Standard Chartered Bank.
    1. The deal won ‘Indian Green Deal of the Year’ award by Project Finance International (PFI) 2020.
    2. The deal also won the India Green Project of the Year Award’ at Asset Triple A- Asia Infrastructure Awards 2021.
Bar Enrolment
  • Bar Council of Delhi

Education

  • B.A., LL.B.(Hons.) – West Bengal National University of Juridical Sciences

Awards / Recognition

  • Recognized as ‘Recommended Lawyer’ by Who’s Who Legal- Banking 2024.
  • Recognized as ‘Notable Practitioner by Chambers and Partners (Global Guide and Asia Pacific).
  • Recognized as ‘Top Lawyer’ in The A-List by India Business Law Journal (2023-24).
  • Recognized as ‘Leading Individual’ by Legal 500.
  • Recognized as ‘Leading LawyerHighly Regarded’ by IFLR 1000.
  • Awarded 40 under 40 lawyers in Asia by Asian Legal business
  • Awarded Lexology – Client choice for banking (2022)
  • Recognized as ‘Distinguished Practitioner’ by asialaw.
  • Recognized as ‘Leading Lawyer’ by Legal Era.
  • Awarded ‘40 under 40 Rising Star Awards’ by Legal Era. (2022)
  • Awarded ‘40 under 40 – India’s Green Energy & Climate Leader of Tomorrow’ by EQ International.
  • Awarded ‘Lawyer of the Year – India’ by Asia Law Awards. (2020)

 

Related Articles
IBBI's-Latest-Amendments Shivani
Partner, Shivani Sinha quoted in BW Businessworld...
Partner, Shivani Sinha shared her views in a news article titled ‘𝑰𝑩𝑩𝑰’𝒔 𝒍𝒂𝒕𝒆𝒔𝒕 𝒂𝒎𝒆𝒏𝒅𝒎𝒆𝒏𝒕𝒔 𝒑𝒓𝒐𝒎𝒊𝒔𝒆 𝒔𝒎𝒐𝒐𝒕𝒉𝒆𝒓...
More
ITL Feb 24
International Trade Law Newsletter
https://luthra.com/wp-content/uploads/2024/02/Luthra-and-Luthra-International-Trade-Law-Newsletter-February-Edition.pdf
More
India-Inc Sanjeev Kumar
Partner, Sanjeev Kumar quoted in The Financial Express
Partner, Sanjeev Kumar shared his views in a news article titled ‘𝑰𝒏𝒅𝒊𝒂 𝑰𝒏𝒄 𝒎𝒂𝒚 𝒈𝒐 𝒃𝒂𝒄𝒌 𝒕𝒐 𝒆𝒍𝒆𝒄𝒕𝒐𝒓𝒂𝒍...
More
Tax-relief
Partner, Rubal Bansal Maini quoted in The Financial Express
Partner, Rubal Bansal Maini shared her views in a news article titled ‘𝑻𝑨𝑿 𝒓𝒆𝒍𝒊𝒆𝒇 𝒇𝒐𝒓 𝑬𝒍𝒆𝒄𝒕𝒐𝒓𝒂𝒍...
More
Global-chambers-2024
Chambers & Partners Global 2024- 7 Practice Areas and 5 Layers ranked and recognized...
We are delighted to share the Chambers and Partners 𝑮𝒍𝒐𝒃𝒂𝒍 2024 – 𝑭𝒊𝒓𝒎 𝒂𝒏𝒅 𝑳𝒂𝒘𝒚𝒆𝒓 𝒓𝒂𝒏𝒌𝒊𝒏𝒈𝒔.  The Firm has...
More
axe-falls Sanjeev Kumar
Partner, Sanjeev Kumar quoted in LiveMint
Partner, Sanjeev Kumar shared his views in a news article titled ‘𝘈𝘹𝘦 𝘧𝘢𝘭𝘭𝘴 𝘰𝘯 𝘦𝘭𝘦𝘤𝘵𝘰𝘳𝘢𝘭 𝘣𝘰𝘯𝘥𝘴;...
More
International-Conclave-on-ESG-4
Partner, Piyush Mishra invited as 'Esteemed Panelist' by CTRCR...
Partner, Piyush Mishra was invited as an esteemed panelist at 𝑻𝒉𝒆 𝑰𝒏𝒕𝒆𝒓𝒏𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑺𝒖𝒔𝒕𝒂𝒊𝒏𝒂𝒃𝒊𝒍𝒊𝒕𝒚 𝑪𝒐𝒏𝒇𝒆𝒓𝒆𝒏𝒄𝒆...
More
CL Feb 24
Competition Law Newsletter
https://luthra.com/wp-content/uploads/2024/02/Luthra-and-Luthra-Competition-Law-Newsletter-February-Edition.pdf
More
NRI-home-buyer
Partner, Rubal Bansal Maini quoted in The Economic Times
Partner, Rubal Bansal Maini shared her views in a news article titled ‘𝑵𝑹𝑰 𝒉𝒐𝒎𝒆 𝒃𝒖𝒚𝒆𝒓 𝒈𝒆𝒕𝒔 𝒂 𝒓𝒆𝒍𝒊𝒆𝒇 𝒇𝒓𝒐𝒎...
More
DR- February
Dispute Resolution Newsletter
https://luthra.com/wp-content/uploads/2024/02/Dispute-Resolution-Newsletter-February-2024.pdf
More

Disclaimer

Current rules of the Bar Council of India impose restrictions on maintaining a web page and do not permit lawyers to provide information concerning their areas of practice. Luthra and Luthra Law Offices India is, therefore, constrained from providing any further information on this web page.

The rules of the Bar Council of India prohibit law firms from soliciting work or advertising in any manner. By clicking on ‘I AGREE’, the user acknowledges that:

The user wishes to gain more information about Luthra and Luthra Law Offices India, its practice areas and its attorneys, for his/her own information and use

The information is made available/provided to the user only on his/her specific request and any information obtained or material downloaded from this website is completely at the user’s volition and any transmission, receipt or use of this site is not intended to, and will not, create any lawyer-client relationship

None of the information contained on the website is in the nature of a legal opinion or otherwise amounts to any legal advice.

Luthra and Luthra Law Offices India, is not liable for any consequence of any action taken by the user relying on material/information provided under this website. In cases where the user has any legal issues, he/she in all cases must seek independent legal advice.