The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both Automatic Route and Approval Route, for the month of January 2007.
|
I.
Automatic Route*
|
|
|
|
Sr.
No.
|
ECB
/
FCCB
|
Borrower
|
Equivalent
Amount
in USD
|
Purpose
|
Maturity
Period (Aprx)
|
1 |
ECB
|
CASHPOR
Financial &
Technical Services
|
50,000
|
Onward/Sub-lending.
|
4 years 11 months
|
2 |
ECB
|
Curans
IT India Pvt. Ltd.
|
78,949
|
Refinancing of old loans
|
5 years 11 months
|
3 |
ECB
|
Highland
House Pvt.Ltd. #
|
2,000,000
|
Rupee Expenditure Loc.CG
|
7 years 7 months
|
4 |
ECB
|
Artline
(India) Pvt. Limited
|
45,368
|
Import of Capital Goods
|
4 years 7 months
|
5 |
ECB
|
LCP
Building Products Pvt.Ltd.
|
138,000
|
Project
|
6 years 10 months
|
6 |
ECB
|
Sri
Gajanan Agro Mills (India) Pvt.Ltd. #
|
500,000
|
Project
|
3 years 4 months
|
7 |
ECB
|
Hathway
Cable and
Datacom Pvt.Ltd.
|
3,000,000
|
Import of Capital Goods
|
6 years
|
8 |
ECB
|
Giltedge
Enterprise (P) Ltd. #
|
391,754
|
Other
|
4
years 6 months
|
9 |
ECB
|
Varun
Shipping Company Ltd.
|
48,000,000
|
Import of Capital Goods
|
10 years 10 months
|
10 |
ECB
|
Cadila
Healthcare Limited
|
6,504,697
|
Refinancing of old loans
|
3 years
|
11 |
ECB
|
Northern
Operating
Services PVT.Ltd. #
|
4,500,000
|
Project
|
6 years 8 months
|
12 |
ECB
|
Cimnet
Systems I Pvt.Ltd.#
|
1,000,000
|
Rupee Expenditure Loc.CG
|
6 years 11 months
|
13 |
ECB
|
Gummi
Metall Technik (India)
Pvt.Ltd. #
|
910,658
|
Other
|
10
years 9 months
|
14 |
ECB
|
Gujarat
Pipavav Port Limited
|
7,099,992
|
Modernisation, Port
|
3 years
|
15 |
ECB
|
Indiamalt
Pvt Ltd
|
2,601,879
|
Project
|
3 years 6 months
|
16 |
ECB
|
MCC
PTA India Corp.Pvt.Ltd.
|
71,074,378
|
Rupee Expenditure Loc.CG
|
7 years 11 months
|
17 |
ECB
|
Medley
Pharmaceuticals Ltd.
|
3,950,000
|
Project
|
5 years
|
18 |
ECB
|
Roechling
Engineering Plastics
(I) Pvt L
|
225,063
|
Project
|
5 years
|
19 |
ECB
|
Kaico
Deer Abrasive Pvt.Ltd.
|
500,000
|
Modernisation
|
3 years
|
20 |
ECB
|
MCC
PTA India Corp.Pvt.Ltd.
|
114,000,000
|
Import of Capital Goods
|
9 years 7 months
|
21 |
ECB
|
Communication
Test Design
India (P) Ltd #
|
1,000,000
|
Rupee Expenditure Loc.CG
|
5 years
|
22 |
ECB
|
Eicher
Motors Ltd.
|
11,000,000
|
Modernisation
|
5 years 5 months
|
23 |
ECB
|
IP
Softcom (India) Pvt. Ltd #
|
116,980
|
Rupee Expenditure Loc.CG
|
4 years 4 months
|
24 |
ECB
|
Steelcast
Ltd.
|
910,658
|
Modernisation
|
3 years 1 month
|
25 |
ECB
|
SEP
Energy Pvt. Ltd.
|
500,000
|
Project
|
10 years 1 month
|
26 |
ECB
|
Killian
Eco Tourism Pvt.Ltd. #
|
1,561,127
|
Project
|
26 years 7 months
|
27 |
ECB
|
Tieto
Enator Technologies Pvt Ltd
|
1,300,939
|
Modernisation
|
3 years 2 months
|
28 |
ECB
|
Rittal
India Pvt.Ltd.
|
1,300,939
|
Modernisation
|
5 years
|
29 |
ECB
|
Allied
Nippon Ltd.
|
4,228,053
|
Project
|
5 years 1 month
|
30 |
ECB
|
SouthIndian
Feded.Of
Fishermen Societies
|
260,188
|
Onward/Sub-lending.
|
4 years 5 months
|
31 |
ECB
|
Ruthinium
Dental Products Pvt. Ltd
|
100,000
|
Modernisation
|
5 years 3 months
|
32 |
ECB
|
Menshen
Ropa Plastics Pvt.Ltd.
|
234,429
|
Modernisation
|
3 years
|
33 |
ECB
|
KKP
Textiles Ltd
|
1,820,000
|
Modernisation
|
5 years 1 month
|
34 |
ECB
|
KMT
Producation
Machinery India Pvt. Ltd
|
650,470
|
Project
|
3 years
|
35 |
ECB
|
Grasim
Industries Ltd. #
|
30,056,370
|
Modernisation, Capital Expenditure
|
4 years 7 months
|
36 |
ECB
|
ABG
Heavy Industries Ltd.
|
8,203,724
|
Import of Capital Goods
|
7 years 9 months
|
37 |
ECB
|
Appu
Hotels Ltd. #
|
10,000,000
|
Project
|
9 years 1 month
|
38 |
ECB
|
Halcrow
Consulting India Ltd. #
|
338,352
|
Roads,Power,Railways & Ports
|
4 years
|
39 |
ECB
|
Interplex
Electronics India Limited
|
1,500,000
|
Project
|
7 years 11 months
|
40 |
ECB
|
Housing
Development
Finance Corpn.Ltd.
|
200,000,000
|
Refinancing of old loans
|
4 years 6 months
|
41 |
ECB
|
Featherlite
office Systems Pvt.Ltd.
|
3,578,139
|
Project
|
4 years 11 months
|
42 |
ECB
|
Cross
Byrne Design
Studios Pvt.Ltd. #
|
1,000,000
|
Rupee Expenditure Loc.CG ,
import of cap. goods
|
8 years
11 months
|
43 |
ECB
|
Haldiram
Snacks Pvt Ltd
|
10,703,213
|
Project
|
5 years 3 months
|
44 |
ECB
|
Usha
Martin Ltd
|
48,948,554
|
Modernisation
|
6 years 5 months
|
45 |
ECB
|
Balrampur
Chini Mills Ltd.
|
14,684,566
|
Rupee Expenditure Loc.CG
|
5 years
|
46 |
ECB
|
The
Great Eastern
Shipping Co. Ltd.
|
45,000,000
|
Import of Capital Goods
|
11 years 5 months
|
47 |
ECB
|
Plastic
Export Zundert (I)Pvt. Ltd.
|
260,188
|
Rupee Expenditure Loc.CG
|
7 years 11 months
|
48 |
ECB
|
INA
Bearings India Pvt.Ltd.
|
7,500,000
|
Modernisation
|
5 years 6 months
|
49 |
ECB
|
Singapore
Realty Pvt Ltd #
|
100,000
|
Other
|
3
years
|
50 |
ECB
|
Rane
(Madras) Ltd.
|
3,240,296
|
Project
|
5 years
|
51 |
FCCB
|
Shrenuj
& Company Ltd.
|
15,000,000
|
Overseas Acquisition
|
5 years 6 months
|
52 |
ECB
|
Hutchison
Essar Ltd.
|
14,853,439
|
Telecommunications
|
5 years
|
53 |
ECB
|
Hutchison
Essar South Ltd.
|
168,338,972
|
Telecommunications
|
5 years
|
54 |
FCCB
|
ERA
Constructions (India) Ltd. #
|
75,000,000
|
Rupee Expenditure Loc.CG
|
5 years
|
55 |
ECB
|
Wrigley
India Pvt. Ltd.
|
5,000,000
|
Modernisation
|
3 years
|
56 |
ECB
|
CASHPOR
Micro Credit #
|
230,000
|
Cover Operating Expenses
|
6 years 10 months
|
57 |
ECB
|
Jotun
India Private Ltd
|
3,000,000
|
Project
|
5 years 11 months
|
58 |
ECB
|
Ocean
Sparkle Ltd
|
15,564,202
|
Import of Capital Goods
|
9 years 7 months
|
59 |
ECB
|
Harsha
Engineers Pvt. Ltd.
|
2,500,000
|
Modernisation
|
5 years
|
60 |
ECB
|
Pharma
Base India
Private Limited
|
2,000,000
|
Project
|
4 years
|
61 |
ECB
|
Fascel
Limited
|
39,609,170
|
Telecommunications
|
5 years
|
62 |
ECB
|
Aircel
Digilink India Ltd.. #
|
74,267,193
|
Telecommunications
|
3 years 11months
|
63 |
ECB
|
Jaiprakash
Associates Ltd.
|
38,000,000
|
Power Project
|
9 years 11 months
|
64 |
ECB
|
Widerthan
India Pvt. Ltd.
|
760,000
|
Import of Capital Goods,Rupee Exp,
|
3 years
|
65 |
ECB
|
Salcomp
Manufacturing
India Pvt.Ltd.
|
2,601,879
|
Project
|
3 years 4 months
|
66 |
ECB
|
UltraTech
Cement Ltd.
|
40,000,000
|
Rupee Expenditure Loc.CG,
Imp.of cap. goods
|
5 years
|
67 |
ECB
|
Coral
Telecom Ltd.
|
2,300,000
|
Rupee Expenditure Loc.CG
|
4 years 11 months
|
68 |
ECB
|
GKB
Hitech Lenses Pvt. Ltd.
|
1,090,000
|
Project
|
5 years
|
69 |
ECB
|
Aftek
Ltd.
|
7,805,637
|
Project
|
5 years
|
70 |
ECB
|
Oetiker
India Pvt Ltd
|
3,213,678
|
Project
|
10 years 9 months
|
71 |
ECB
|
Automotive
Axles Ltd
|
2,181,645
|
Import of Capital Goods
|
5 years 9 months
|
72 |
ECB
|
SML
Labels (India) Pvt. Ltd. #
|
800,000
|
Project
|
2 years 11 months
|
73 |
ECB
|
Young
Kwang Industries Pvt Ltd
|
1,300,939
|
Project
|
4 years 11 months
|
74 |
ECB
|
Kalinga
Hospital Ltd. #
|
448,833
|
Modernisation
|
7 years 9 months
|
|
*: Based on Form 83 submitted for allotment of loan
registration number.
|
|
#:
Clarification sought from the company in regard to conformity to end-use requirement,
eligibility of borrower and other parameters of ECB.
|
Annex
II
|
II.
Approval Route
|
|
Sr.
No. |
ECB
/
FCCB |
Borrower |
Equivalent
Amount in USD |
Purpose |
Muturity
Period (Aprx) |
1 |
ECB |
Japan
CBM Corporation (India) Pvt.Ltd |
45,767 |
Rupee Expenditure Loc.CG |
3 years 3 months |
2 |
ECB |
Wells Fargo India Solution
Pvt.Ltd. |
5,000,000 |
Project |
5
years 10 months |
3 |
ECB |
Media
Star Pvt.Ltd. |
222,000 |
Imports of Books |
3 years |
4 |
ECB |
Kingfisher
Airlines Limited |
28,000,000 |
Import of Capital Goods |
7 years 11months |
5 |
ECB |
CMS Computers Ltd. |
12,000,000 |
Rupee Expenditure Loc.CG |
5 years 3 months |
6 |
ECB |
Export-Import Bank
of India |
50,177,163 |
Onward/Sub-lending. |
5 years |
7 |
ECB |
Caterpillar
India Private Ltd. |
9,000,000 |
Working Capital |
3 years |
|
