Overview
Purvi Dabbiru is a Partner with the Banking & Finance and Project Finance Practice Group at Luthra and Luthra Law Offices India. Having over 11 years of experience in this space, Purvi specializes in rendering advisory and legal assistance in the fields of banking and finance, project finance and debt restructuring space.
Her expertise ranges across sectors including ports, roads, power, renewables, real estate and manufacturing, and with expertise in wide range of financial products, including fund based and non-fund based facilities, private placements of debentures and external commercial borrowings. Having advised various stakeholders including lenders, borrowers, sponsors and guarantors, Purvi has an all-round approach in structuring transactions and negotiating documentation.
Experience Statement
- Advised Bharat Mumbai Container Terminals Private Limited (wholly owned subsidiary of PSA International PTE Limited) and PSA International PTE Limited, in relation to an external commercial borrowing (ECB) facility aggregating to approximately SGD 630 Million and certain hedging facility, provided by DBS Bank Limited.
- Assisted Nordic Investment Bank in relation to the facility of SEK 607,000,000 and EUR 8,600,000 provided to Power Grid Corporation of India Limited by Nordic Investment Bank for the purpose of part financing of a project of the company in India consisting of construction of a HVDC multi-terminal system package.
- Advised Infrastructure Finance Company Limited (United Kingdom) in connection with financial assistance in the form of an ECB facility aggregating to approximately USD 31 Million, to a company (confidential) developing, implementing and setting up a 100 MW (AC) solar power project including the transmission line.
- Advised Rajasthan Sun Technique Energy Private Limited, a company promoted by Reliance Power Limited, in connection with the financing, involving inter alia foreign currency facility and rupee term loans, for the development and operation of a 100 MW concentrating solar generation power plant at Rajasthan, with a project cost envisaged at approximately USD 410 Million.
- Acted for a consortium of lenders viz. Axis Bank Limited, Aseem Infrastructure Finance Limited and NIIF Infrastructure Finance Limited in relation to the financial assistances aggregating up to INR 17.799 Billion made available to four separate SPVs (forming part of the Actis Group) for the purpose of, inter alia, refinancing their existing debt with respect to their respective solar power projects in the states of Madhya Pradesh and Andhra Pradesh.
