Home >Deals & Matter Corner>Deal>JSA advises Renew Surya Roshni Private Limited, backed by ReNew Power and Mitsui as the ultimate shareholders, on US$ 730 million refinancing of 320 MW capacity RTC project (comprising Wind, Solar and BESS) in the states of Rajasthan, Maharashtra and Karnataka, India

JSA advises Renew Surya Roshni Private Limited, backed by ReNew Power and Mitsui as the ultimate shareholders, on US$ 730 million refinancing of 320 MW capacity RTC project (comprising Wind, Solar and BESS) in the states of Rajasthan, Maharashtra and Karnataka, India

Deal
July 22, 2026

Solar panels and wind turbine in a green field with an industrial power plant in the background under a blue sky.

JSA Advocates & Solicitors (JSA) advised Renew Surya Roshni Private Limited, backed by ReNew Power and Mitsui as the ultimate shareholders, in connection with external commercial borrowing provided by a consortium of twelve banks comprising Sumitomo Mitsui Banking Corporation, Standard Chartered Bank, Société Générale, Bank of America, NA, DBS Bank Ltd., ING Bank NV., MUFG Bank, Ltd., Mizuho Bank, Ltd., Taipei Fubon Commercial Bank Co., Ltd., Qatar National Bank, Crédit Agricole Corporate and Investment Bank, and CTBC Bank Co Limited for the refinancing of the 320 MW capacity round the clock project (comprising wind, solar and BESS) in the states of Rajasthan, Maharashtra and Karnataka, India.

The JSA Finance team was led by Karan Mitroo, Lead Partner with support from Kartikeya Dubey, Partner; Pragya Verma, Senior Associate and Supriya Saxena, Junior Associate.

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Tags Battery Energy Storage System, Cross Border Finance, External Commercial Borrowing, Green Refinancing, Hybrid Energy, Infrastructure Finance, JSA Legal Advisory, Karan Mitroo, Kartikeya Dubey, Mitsui, ReNew Power, ReNew Surya Roshni, Round The Clock Power

Karan Mitroo Partner

Karan brings nearly 17 years of extensive experience in foreign and domestic debt financing in India. He advises leading clients across sectors such as renewables, infrastructure, real estate, healthcare, and hospitality.

Kartikeya Dubey Partner

Kartikeya specialises in banking, project finance, debt capital markets, and restructuring. With over 12 years of experience, he advises top domestic and international financiers and sponsors on high-value transactions across renewable energy, infrastructure, and manufacturing sectors. Recognised by The Legal 500, Kartikeya brings strategic expertise to complex financial deals.