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 March 2008.
Data on External Commercial Borrowings / FCCB -March 2008 |
I. Automatic Route* |
Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
1 |
ECB |
Dishman Pharmaceuticals and Chemicals Ltd. |
7,500,000 |
Refinancing of old loans |
3 years 6 months |
2 |
ECB |
Garden Silk Mills Ltd. |
35,000,000 |
Import of Capital Goods |
8 years 8 months |
3 |
FCCB |
Indowind Energy Ltd. |
35,000,000 |
Import of Capital Goods, Overseas Investment |
5 years 6 months |
4 |
ECB |
Sakthi Auto Component Ltd. |
11,250,000 |
Import of Capital Goods, Rupee Capital Exp. |
6 years 2 months |
5 |
ECB |
Reliance Communications Ltd |
116,326,322 |
Refinancing of old loans |
3 years 6 months |
6 |
ECB |
Webel -SL Energy Systems Ltd. |
16,500,000 |
Import of Capital Goods |
6 years 11 months |
7 |
ECB |
Skol Breweries Ltd. |
15,945,840 |
Import of Capital Goods |
5 years |
8 |
ECB |
Welspun Gujarat Stahl Rohren Ltd |
150,000,000 |
Import of Capital Goods, Overseas Investment |
6 years 2 months |
9 |
ECB |
Parksons Packaging Ltd. |
3,500,000 |
Import of Capital Goods |
5 years |
10 |
ECB |
Reliance Communications Ltd |
279,976,295 |
Refinancing of old loans |
3 years |
11 |
ECB |
Tata Chemicals Ltd. |
475,000,000 |
Overseas Acquisition |
6 years 5 months |
12 |
ECB |
Indo Autotech Ltd. |
5,449,454 |
Import of Capital Goods |
6 years 5 months |
13 |
ECB |
Sibra Pharmaceuticals Ltd. |
2,500,000 |
Import of Capital Goods |
7 years 6 months |
14 |
ECB |
Nagarjuna Fertilisers & Chemicals Ltd. |
11,000,000 |
Import of Capital Goods |
7 years 11 months |
15 |
FCCB |
Shri Lakshmi Cotsyn Ltd. |
5,000,000 |
Import of Capital Goods |
5 years |
16 |
ECB |
Behr Hella Thermocontrol India Pvt. Ltd. |
310,510 |
Import of Capital Goods |
3 years 9 months |
17 |
ECB |
Avtec Ltd. |
7,650,029 |
Import of Capital Goods |
5 years 3 months |
18 |
ECB |
Elecon Engineering Company Ltd. |
10,000,000 |
Import of Capital Goods |
5 years |
19 |
ECB |
Electrosteel Integrated Ltd. |
10,000,000 |
Import of Capital Goods |
10 years 11 months |
20 |
ECB |
Varun Shipping Company Ltd. |
40,000,000 |
Import of Capital Goods |
10 years 8 months |
21 |
ECB |
HNG Float Glass Ltd. |
20,000,000 |
Import of Capital Goods |
9 years 4 months |
22 |
ECB |
HNG Float Glass Ltd. |
10,000,000 |
Import of Capital Goods |
9 years 4 months |
23 |
ECB |
Ford India Pvt.Ltd. |
20,000,000 |
Import of Capital Goods |
3 years |
24 |
ECB |
Facor Steels Ltd. |
2,000,000 |
Import of Capital Goods |
10 years 5 months |
25 |
ECB |
S.Kumars Nationwide Ltd. |
40,000,000 |
Import of Capital Goods |
6 years 11 months |
26 |
ECB |
Indo Schottle Auto Parts Pvt Ltd. |
2,306,728 |
Import of Capital Goods |
5 years |
27 |
ECB |
Nexus Electro Steel Ltd. |
730,000 |
Import of Capital Goods |
5 years 5 months |
28 |
ECB |
Saregama Regency Optimedia Pvt.Ltd. |
405,000 |
Import of Capital Goods |
3 years |
29 |
ECB |
Maneesh Pharmaceuticals Pvt.Ltd. |
10,000,000 |
Overseas Acquisition |
7 years 5 months |
30 |
ECB |
Haldia Petrochemicals Ltd |
50,000,000 |
Import of Capital Goods |
6 years 11 months |
31 |
ECB |
Sharda Motor Industries Ltd. |
4,000,000 |
Import of Capital Goods |
6 years 5 months |
32 |
ECB |
Reliance Petroleum Ltd. |
500,000,000 |
Import of Capital Goods |
7 years 6 months |
33 |
ECB |
Larsen & Toubro Limited |
103,641,920 |
Overseas Acquisition |
5 years 7 months |
34 |
ECB |
Essar Oil Vadinar Ltd. |
500,000,000 |
Import of Capital Goods |
11 years 11 months |
35 |
ECB |
Essar Oil Ltd. |
167,000,000 |
Import of Capital Goods |
11 years 11 months |
36 |
ECB |
Print House (India) .Pvt.Ltd. |
2,349,212 |
Import of Capital Goods |
5 years 6 months |
37 |
ECB |
Cosmo Films Ltd |
14,665,756 |
Import of Capital Goods |
8 years 3 months |
38 |
ECB |
Daeseung Autoparts India Private Limited |
5,000,000 |
Import of Capital Goods |
5 years |
39 |
ECB |
Flash Electronics (India) Pvt.Ltd. |
1,800,000 |
Import of Capital Goods |
6 years 11 months |
40 |
ECB |
Adani Power Ltd. |
500,000,000 |
Import of Capital Goods |
11 years 10 months |
41 |
ECB |
Tata BP Solar India Ltd |
23,000,000 |
Import of Capital Goods |
5 years 11 months |
42 |
ECB |
Tata BP Solar India Ltd |
23,000,000 |
Import of Capital Goods |
5 years 11 months |
*: Based on Form 83 submitted for alottment of loan registration number. |
#: 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 |
Garden Silk Mills Ltd. |
4,528,384 |
Import of Capital Goods |
11 years 5 months |
2 |
ECB |
Aditya Birla Minacs Wordwide Ltd. |
20,000,000 |
Overseas Acquisition |
5 years 2 months |
3 |
ECB |
Dharti Dredging & Infrastructure Ltd. |
45,150,000 |
Import of Capital Goods |
13 years 4 months |
4 |
ECB |
Petronet LNG Ltd. |
300,000,000 |
Import of Capital Goods,
Rupee Capital Exp. |
13 years 1 months |
5 |
ECB |
Export-Import Bank of India |
74,513,271 |
Onward/Sub-lending. |
5 years |
6 |
ECB |
Jet Airways (India) Ltd. |
42,000,000 |
Financial Lease |
8 years 2 months |
7 |
ECB |
Jet Airways (India) Ltd. |
118,000,000 |
Financial Lease |
11 years 10 months |
8 |
FCCB |
IOL Netcom Ltd. |
50,000,000 |
Import of Capital Goods,
Overseas Investment |
5 years 6 months |
9 |
ECB |
Export-Import Bank of India |
25,000,000 |
Onward/Sub-lending. |
5 years 6 months |
10 |
ECB |
Wipro Limited |
362,746,720 |
Overseas Acquisition |
5 years |
11 |
ECB |
Export-Import Bank of India |
52,159,289 |
Onward/Sub-lending. |
5 years 6 months |
12 |
ECB |
Jet Airways (India) Ltd. |
115,000,000 |
Financial Lease |
11 years 10 months |
13 |
ECB |
Export-Import Bank of India |
30,000,000 |
Onward/Sub-lending. |
5 years 6 months |
|
