Mumbai (Maharashtra)/ New Delhi [India], May 10 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised State Bank of India (SBI) on extending a term loan of INR 1400 crore to JSW Energy Limited (JSW Energy) for the acquisition of 1,753 MW of renewable energy assets of Mytrah Energy (India) Private Limited (Mytrah) by JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy.
The Project and Project Finance Practice of Cyril Amarchand Mangaldas advised State Bank of India on the transaction. The transaction team was led by Ramanuj Kumar, Partner; with support from Aiswarja Mohanty, Principal Associate; Shrey Srivastava, Senior Associate and Mohak Thukral, Associate.