Kochhar & Co. advises Jupiter International Ltd on its financing for solar cell manufacturing plant

Deals & Matters
23 March 2022

Kochhar & Co. represented Jupiter International Limited (one of India’s largest stand-alone photovoltaic cell makers) on a complex structured financing transaction for an amount of INR 170 Crores. This deal is not only strategically significant for Jupiter given the market dynamics over the past couple of years but also a pacesetter in the solar manufacturing sector that has faced challenges due to legacy issues in the past.

The matter was led by Senior Partner, Mr. Pradeep Ratnam, Partner, Ms. Parul Verma and supported by Associate Swapnil Sant.

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Jupiter International Ltd gets funds for solar cell capacity hike