Varun has more than 9 years of experience in handling banking, finance and restructuring, hybrid debt financing, project finance, acquisition finance, real estate finance and collaborating with clients, identifying their needs and recommending services and solutions to secure their interest.
Varun has experience of working with top financial institutions including Power Finance Corporation Limited, PTC India Financial Services Limited, L&T Infrastructure Finance Company Limited, L&T Housing Finance Limited, Indian Renewable Energy Development Agency Limited, IndusInd Bank Limited, Tata Capital Limited, India Infrastructure Finance Company Limited, REC Limited, HDFC Bank Limited, India Infradebt Limited, State Bank of India, Axis Bank Limited, Saraswat Cooperative Bank Limited, RBL Bank Limited, ICICI Bank Limited, IndusInd Bank Limited, Kautilya Finance Limited, Swamih Investment Fund 1- SBICAP Ventures Limited, National Bank for Financing Infrastructure and Development, NIIF Infrastructure Finance Limited, Aseem Infrastructure Private Limited and Aditya Birla Finance Limited as their legal counsel in several project finance and structured finance transactions.
Experience Statement
- Acted for and advised and acted for consortium of lenders including IndusInd Bank Limited, ICICI Bank Limited, Aditya Birla Finance Limited, India Infrastructure Finance Company Limited, Axis Bank Limited and National Bank for Financing Infrastructure and Development, in connection with financial assistance sanctioned to Oriental Infra Trust aggregating up to INR 45483 Million.
- Acted for and advised Power Finance Corporation Limited in connection with financial assistance sanctioned to the 4 (four) SPVs of Shapoorji Pallonji and Company Private Limited, aggregating up to INR 11560.20 Million for the purpose of partly financing the project cost for setting up sea water desalination plants at 4 (four) different locations in the state of Gujarat.
- Advised OLA Cell Technologies Private Limited, in relation to the financial assistance availed from State Bank of India aggregating up to INR 19100 Million in connection with 5 GWh (gross 5.9 GWh) green-field Gigafactory Project for manufacturing Advanced Chemistry Cell (ACC) battery for electrical vehicles, situated at Krishnagiri, Tamil Nadu, India.
- Acted for and advised REC Limited, in connection with non-fund based project specific financial assistance aggregating up to INR 25000 Million sanctioned to Suzlon Energy Limited, acting as an EPC Contractor for supply of wind turbine generators for wind power project(s) awarded to multiple renewable power project developers.
- Acted for and advised HDFC Bank Limited, in connection with financial assistance aggregating up to INR 4180 Million sanctioned to Solarcraft Power India 9 Private Limited, for implementation and development of 120 MWac solar power project and related infrastructure being set-up at Sadla district in the State of Gujarat, India.
