New Delhi| February 12th, 2026: Shardul Amarchand Mangaldas & Co. acted as legal counsel to the National Bank for Financing Infrastructure and Development in connection with the financing of a 90 MW onshore wind power project implemented by Juniper Green Kite Private Limited in Gujarat.
The transaction involved a senior secured project financing comprising a ₹533 crore rupee term loan, along with an LC sub-limit of ₹125 crore and a separate bank guarantee facility of ₹33.30 crore, to part-finance an estimated project cost of ₹692.57 crore. The project has long-term offtake secured under a power purchase agreement and is sponsored by Juniper Green Energy Limited, with Juniper Renewable Holdings Pte. Ltd., Singapore as the promoter.
The financing supports the development of utility-scale wind energy infrastructure in India and contributes to the expansion of renewable energy capacity aligned with the country’s clean energy and sustainability goals.
The SAM transaction team was led by Anurag Dwivedi, Partner, with support from Prince Singh, Principal Associate; Chaitanya Kashyap, Associate; Amogh Mittal, Associate; and Agrima Aron, Associate.