Harsh Arora


Harsh Arora is part of the Banking & Finance practice group of the firm. His current practice spans a wide spectrum of legal services with specific focus on banking and finance, restructuring, infrastructure and public-private partnerships. With over 18 years of experience, he has represented major international and Indian banks and financial institutions, in their debt and equity investments in Indian companies.

He has advised on various transactions ranging from vanilla banking transactions to structured finance, project finance and mergers and acquisitions. He is considered a trusted legal counsel by various corporations, banks and financial institutions including PFC, REC, State Bank of India, Punjab National Bank, IndusInd Bank, HDFC Bank, L&T Finance, Yes Bank, Adani Group, Amplus Power, Renew Power and Enfinity Global. Besides having robust banking and finance exposure he has handled diverse infrastructure projects in the areas of defence, health, education, rail, airport, renewable energy, agribusiness etc. Some of the clients with whom he has been closely associated include the Ministry of Defence, Government of India, SBI Caps, Delhi Mumbai Industrial Corridor Development Corporation Limited, Government of Goa, International Finance Corporation, RECTPCL, Airports Authority of India and CIDCO.

He has been recognized as a “Recommended Lawyer” by Legal 500 Asia Pacific, “Highly Regarded (Banking)” by IFLR’s 2021 edition, Who’s Who Legal for Project Finance and “Notable practitioner’ by Asia Law (2022).

In addition to legal education, Harsh is a member of Institute of Company Secretaries of India.

  • PFC: as lender’s legal counsel to PFC led consortium and SBI led consortium for term loan and working capital facilities of Rs. 28,000 crores (approx.) to KSK Mahanadi Power Company Ltd. for developing its coal based thermal power plant based at District Janjgir Champa in the State of Chhattisgarh comprising of Unit 1, 2, 3, 4, 5 and 6 having installed capacity of 6 X 600 MW.
  • REC: as lenders’ legal counsel to advise the REC led consortium for the debt financing of Rs. 12,000 crores for the development of 1,200 MW Teesta III Hydroelectric Project located in North District of Sikkim.
  • Renew Group: as a legal counsel to Renew Group in relation to the financial assistance of USD 51,200,000 granted by Asian Development Bank (for funding a 65 MW solar photovoltaic power project located at Village Minpur, District Medak in Telangana, India and a 30 MW solar photovoltaic power project located at Village Mulkanoor, District Karlmnagar in the Telangana, India (Projects).
  • ONGC Videsh Limited: in relation to financial assistance of up to an amount of US$ 14.5 billion being granted to OVL and other concessionaires of Area 1 Offshore Block of Rovuma in the Republic of Mozambique.
  • Ministry of Defence: advising on the (“Strategic Partnership Model(” under the Defence Procurement Procedure, 2016. The project seeks to progressively build indigenous capabilities in India, in the private sector to design, develop and manufacture complex weapon systems for future needs of the armed forces.
  • FC and Bhubaneswar Municipal Corporation (“BMC”): in relation to building a greenfield municipal hospital on PPP basis in Bhubaneswar and upgrading five dispensaries run by BMC.
  • Advised ReNew Sun Energy Private Limited in relation to an ECB facility of USD 53,500,000 granted by U.S. International Development Finance Corporation.
  • Advised Yes Bank Limited in relation to a working capital loan granted to Wave Hospitality Private Limited under the Emergency Credit Line Guarantee Scheme