{"id":386703,"date":"2026-06-10T12:00:09","date_gmt":"2026-06-10T06:30:09","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=386703"},"modified":"2026-06-10T12:18:32","modified_gmt":"2026-06-10T06:48:32","slug":"cam-advises-canara-bank-inr-3697-crore-term-loan-ratle-hydroelectric-power-corporation","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/06\/10\/cam-advises-canara-bank-inr-3697-crore-term-loan-ratle-hydroelectric-power-corporation\/","title":{"rendered":"CAM advises Canara Bank on INR 3697.36 Crore Term Loan Facility to Ratle Hydroelectric Power Corporation Ltd. for 850 MW Project in Jammu &amp; Kashmir"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Cyril Amarchand Mangaldas advised Canara Bank in relation to a rupee term loan facility of up to Rs. 3697.36 Crores extended to Ratle Hydroelectric Power Corporation Limited. The facility is proposed to be utilised towards part-financing the estimated project cost for the development, construction and operation of the 850 MW Ratle run-of-the-river hydroelectric project on the Chenab River, near Drabshala village, Kishtwar District, Union Territory of Jammu &amp; Kashmir.<\/p>\n<p style=\"margin-bottom: 3%;\">Given the location of the project in the Union Territory of Jammu &amp; Kashmir, the transaction carries significant strategic importance. The project is expected to advance India&#8217;s energy security objectives, while also reflecting the government&#8217;s broader push for infrastructure development in the region, making it a project of both economic and geopolitical strategic significance.<\/p>\n<p style=\"margin-bottom: 3%;\">The transaction team was led by <span style=\"font-weight: bold;\">Amey Pathak<\/span>, <span style=\"font-style: italic;\">Partner (Head &#8211; Banking);<\/span> and <span style=\"font-weight: bold;\">Pururaj Bhar<\/span>, <span style=\"font-style: italic;\">Partner;<\/span> with support from <span style=\"font-weight: bold;\">Ayush Chowdhury<\/span>, <span style=\"font-style: italic;\">Principal Associate;<\/span> and <span style=\"font-weight: bold;\">Utkarshini Anand<\/span>, <span style=\"font-style: italic;\">Associate<\/span>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">The project is expected to advance India&#8217;s energy security objectives, while also reflecting the government&#8217;s broader push for infrastructure development in the region, making it a project of both economic and geopolitical strategic significance.<\/p>\n","protected":false},"author":67011,"featured_media":386711,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45282,2],"tags":[106729,61559,68835,42724,106733,30960,88262,106728,106732,82565,51215,106727,20781,81364,106731,54975,106726,87560,106730,64074],"class_list":["post-386703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-850-mw-project","tag-banking-and-finance","tag-cam","tag-canara-bank","tag-corporate-finance-transaction","tag-cyril-amarchand-mangaldas","tag-energy-sector-deal","tag-hydroelectric-project","tag-hydropower-development","tag-infrastructure-financing","tag-infrastructure-law","tag-inr-3697-36-crore-loan","tag-jammu-and-kashmir","tag-legal-advisory","tag-power-sector-financing","tag-project-finance","tag-ratle-hydroelectric-power-corporation","tag-renewable-energy-project","tag-syndicated-lending","tag-term-loan-facility"],"yoast_head":"<!-- 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