PRESS RELEASE

Deal Reporting: Vritti Law Partners advised HDFC Bank re credit facilities provided to HNB Engineers (Haridwar) Private Limited

Vritti Law Partners
Vritti Law Partners advised HDFC Bank Limited in relation to the credit facilities granted to HNB Engineers (Haridwar) Private Limited for construction, operation, and maintenance of two Sewage Treatment Plants (STPs).

Vritti Law Partners advised HDFC Bank Limited in relation to the credit facilities (in form of securitisation of future annuity receivables) aggregating up to INR 60,79,00,000 granted to HNB Engineers (Haridwar) Private Limited for construction, operation, and maintenance of two Sewage Treatment Plants (STPs) located along the River Ganga in Jagjeetpur and Sarai, Haridwar by National Mission for Clean Ganga (NMCG) and Uttarakhand Pey Jal Nigam under Hybrid Annuity Model (HAM).

The Vritti team was led by our Partner, Ms Debashree Dutta and comprised of attorneys, Ms. Aishwarya Pandey (Associate), Ms. Harman Grover (Associate) and Ms. Priyanka Chandgude (Associate)

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