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 October 2006.
I. Automatic Route* |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
West View Hotels Pvt. Ltd. # |
549,842 |
Repayment of internal Loans |
4 years |
2 |
ECB |
West View Hotels Pvt. Ltd. # |
543,244 |
Repayment of internal Loans |
3 years |
3 |
ECB |
Rivoli Restaurants Pvt Ltd. # |
50,000 |
Other |
4 years 3 months |
4 |
ECB |
West View Hotels Pvt. Ltd. # |
241,931 |
Repayment of internal Loans |
3 years |
5 |
ECB |
West View Hotels Pvt. Ltd. # |
153,956 |
Repayment of internal Loans |
2 years 11 months |
6 |
ECB |
Sunvik Steels Pvt.Ltd. |
1,150,000 |
Rupee Expenditure Loc.CG |
4 years 4 months |
7 |
ECB |
Fine Jewellery Manufacturing Ltd. |
299,985 |
New Project |
3 years |
8 |
FCCB |
3i Infotech Ltd. |
18,932,603 |
Expansion of activity, Offshore acquisition |
4 years 5 months |
9 |
ECB |
Dhanuka Laboratories Ltd. |
1,850,000 |
New Project |
5 years 1 month |
10 |
ECB |
Schuf Speciality Valves India Pvt.Ltd. |
189,326 |
New Project |
17 years 10 months |
11 |
ECB |
Terra Indica (Craft) Pvt. Ltd. |
340,787 |
New Project |
9 years 3 months |
12 |
ECB |
Amalgamated Bean Coffee Trading Co. Ltd. |
10,000,000 |
Rupee Expenditure Loc.CG |
7 years 11 months |
13 |
ECB |
Claris Lifesciences Ltd. |
14,724,348 |
New Project, Modernisation, Power |
4 years |
14 |
ECB |
Claris Lifesciences Ltd. |
9,816,232 |
New Project, Modernisation, Power |
5 years |
15 |
ECB |
Intellevate (I) Pvt.Ltd. |
1,267,000 |
Modernisation |
27 years 7 months |
16 |
ECB |
Euro Dental Lab Pvt.Ltd. |
31,554 |
Import of Capital goods,Rupee Expenditure Loc.CG |
5 years |
17 |
ECB |
Anglo Eastern Maritime Training Centre |
50,000 |
Modernisation |
5 years |
18 |
ECB |
Funke Heat Exchanger (India) Pvt. Ltd. |
126,217 |
Import of Capital goods, Rupee Expenditure Loc.CG |
3 years 4 months |
19 |
ECB |
Motherson Sumi Infotech & Design Ltd. |
1,096,126 |
Rupee Expenditure Loc.CG |
5 years |
20 |
ECB |
Kancor Colours Ltd. |
437,000 |
New Project |
6 years 1 month |
21 |
ECB |
KMF Automotive Pvt.Ltd. |
210,000 |
Modernisation |
4 years 2 months |
22 |
ECB |
Neel Metal Products Ltd. |
6,846,573 |
Modernisation |
4 years 11 months |
23 |
ECB |
Nera Electronics (India) Pvt.Ltd. |
1,267,848 |
New Project |
4 years 9 months |
24 |
ECB |
Remicon Tech India (P) Ltd. |
400,000 |
Rupee Expenditure Loc.CG |
4 years 5 months |
25 |
ECB |
Axa Technology Services India Pvt.Ltd. |
2,902,999 |
Modernisation |
4 years 2 months |
26 |
ECB |
Asahi India Glass Ltd. |
7,885,364 |
Modernisation |
4 years |
27 |
ECB |
Triveni Engineering & Industries Ltd. |
10,070,028 |
New Project, Modernisation |
5 years 9 months |
28 |
ECB |
GVK Biosciences Pvt Ltd |
7,053,151 |
Rupee Expenditure Loc.CG |
5 years |
29 |
ECB |
Laguna Clothing Pvt.Ltd. |
1,262,174 |
New Project |
4 years 11 months |
30 |
ECB |
Maytas infra Pvt.Ltd. |
10,000,000 |
Rupee Expenditure Loc.CG |
4 years 11 months |
31 |
ECB |
Khatema Fibres Ltd. |
2,000,000 |
New Project |
5 years 1 month |
32 |
ECB |
Balrampur Chini Mills Ltd. |
13,221,281 |
Rupee Expenditure Loc.CG |
5 years 11 months |
33 |
ECB |
JSW Steel Ltd. |
75,000,000 |
Modernisation |
7 years 8 months |
34 |
ECB |
Keller Ground Engineering (India P Ltd) |
378,652 |
Rupee Expenditure Loc.CG , Capital Expenditure |
5 years 2 months |
35 |
ECB |
Pricol Ltd. |
3,000,000 |
Modernisation |
4 years |
36 |
ECB |
Zahonero India Pvt.Ltd. |
227,191 |
Modernisation |
4 years |
37 |
ECB |
Indena India Pvt .Ltd. |
1,514,608 |
Modernisation |
5 years 2 months |
38 |
ECB |
United Phosphorus Ltd |
147,825,273 |
Overseas Acquisition |
5 years |
39 |
ECB |
Singapore Realty Pvt Ltd. # |
633,924 |
New Project |
2 years 11 months |
40 |
ECB |
Nitrex Chemicals India Ltd. |
6,200,910 |
New Project |
4 years 7 months |
41 |
ECB |
Alembic Ltd |
3,056,447 |
Rupee Expenditure Loc.CG |
3 years |
42 |
ECB |
Basrur Uniseal Pvt. Ltd. |
126,217 |
Modernisation |
3 years 1 month |
43 |
ECB |
Gummi Metall Technik India Pvt.Ltd. |
504,869 |
New Project |
10 years 2 months |
44 |
ECB |
Tag Sealogistics Ltd. |
7,200,000 |
Import of Capital Goods |
15 years 4 months |
45 |
ECB |
Evergreen Autocomp (India) Pvt. Ltd. |
12,942,722 |
Import of Capital Goods |
5 years 11 months |
46 |
ECB |
Perlos Telecom & Elec. Comp.(I) Pvt.Ltd. |
4,900,000 |
Import of Capital Goods, New Project, Modernisation |
10 years 1 month |
47 |
ECB |
Great Offshore Ltd. |
38,000,000 |
Import of Capital Goods |
7 years 11 months |
48 |
ECB |
Kirloskar Oil Engines Ltd. # |
12,065,821 |
Modernisation |
1 years 8 months |
49 |
ECB |
HSI Automotives Ltd. |
10,000,000 |
Modernisation, Import of Capital Goods |
3 years |
50 |
ECB |
Precision Pipes & Profles Ltd. |
1,530,000 |
New Project |
5 years 1 month |
51 |
ECB |
Chaudhry Hammer Works Ltd. |
3,140,000 |
Project |
5 years 2 months |
52 |
ECB |
Trak Online Net India (P) Ltd. |
100,000 |
Rupee Expenditure Loc.CG |
5 years |
53 |
FCCB |
McNally Bharat Engineering Co.Ltd. |
10,000,000 |
Modernisation |
5 years |
54 |
ECB |
Acme Formulations Pvt. Ltd. |
3,000,000 |
Rupee Expenditure Loc.CG |
5 years |
55 |
ECB |
Ind Swift Laboratories Ltd |
4,030,372 |
Modernisation |
4 years 9 months |
56 |
ECB |
EC Info Systems India Pvt. Ltd. |
300,000 |
Rupee Expenditure Loc.CG |
3 years |
57 |
ECB |
Apotex Pharmachem India Pvt.L |
882,171 |
Import of Capital Goods, Rupee Expenditure |
5 years 11 months |
58 |
ECB |
Cosmo Films Ltd |
3,500,000 |
Modernisation |
4 years 7 months |
59 |
ECB |
Transport Corporation of India Ltd |
10,898,024 |
Modernisation |
5 years |
*: Based on Form 83 submitted for alottment of loan registration numbr. |
#: Clarification sought from the company in regard to conformity to end-use requirement, eligibilty of borrower and other parameters of ECB. |
II. Approval Route |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
Deccan Aviation Ltd. |
49,100,000 |
Import of Capital Goods |
10 years 10 months |
2 |
ECB |
Tata Steel Ltd. |
755,252,067 |
Modernisation |
6 years 11 months |
3 |
ECB |
Kingfisher Airlines Limited |
35,000,000 |
Import of Capital Goods |
8 years 11 months |
4 |
ECB |
Reliance Petroleum Ltd. |
1,500,000,000 |
New Project |
9 years 7 months |
5 |
ECB |
Reliance Petroleum Ltd. |
500,000,000 |
New Project |
9 years 7 months |
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