Data on External Commercial Borrowings / FCCB - June 2007

I. Automatic Route*

Sr. No.

ECB / FCCB

Borrower

Equivalent Amount in USD

Purpose

Maturity
Period
(Aprx)

1

ECB

Essar Steel (Hazira) Ltd.

100,000,000

Project

9 years 11 months

2

ECB

Hazira Plate Ltd.

50,000,000

Project

9 years 11 months

3

FCCB

Core Project & Technologies Ltd.

80,000,000

Expansion of activity, Modernisation

5 years

4

ECB

Jotun India Private Ltd

3,000,000

Project

6 years 10 months

5

ECB

Ocean Sparkle Ltd

10,000,000

Import of Capital Goods, Rupee Exp.

9 years 9 months

6

ECB

Indo Asian Simon Pvt.Ltd.

2,350,000

Project

4 years 11 months

7

ECB

Indian Oil Corporation. Ltd.

300,000,000

Import of Capital Goods, Rupee Exp.

11 years

8

FCCB

ICSA (INDIA) LTD

24,000,000

Overseas Acquisition, Modernisation,New Project

4 years 11 months

9

ECB

Aarti Industries Ltd.

12,069,084

Modernisation

5 years 2 months

10

FCCB

Sri Adhikari Brothers #

10,000,000

Rupee Expenditure Loc.CG

5 years 3 months

11

ECB

Bharat Box Factory Ltd.

2,074,547

Import of Capital Goods

5 years 6 months

12

ECB

Triumph International (India) Pvt. Ltd.

15,000,000

Project

5 years 6 months

13

ECB

Bandhan - Konnagar

805,128

Micro-finance activity

5 years 11 months

14

ECB

Hueco Lightronic (India) Pvt. Ltd.

1,006,410

Modernisation,Rupee Exp., Import of Cap

4 years 6 months

15

ECB

Simplast India Pvt. Ltd.

776,000

Modernisation,Rupee Exp., Import of Cap

8 years 3 months

16

ECB

JBM Industries Ltd.

2,500,000

Modernisation

5 years 1 month

17

ECB

Rena Kutz Kitchenwares Pvt. Ltd.

124,795

Import of Capital Goods

6 years

18

ECB

Amtek Auto Ltd.

250,000,000

Modernisation, New Project

7 years 5 months

19

ECB

Behr Hella Thermocontrol India Pvt. Ltd.

805,128

Project

3 years 7 months

20

ECB

Naprod Lifesciences Pvt. Ltd.

2,000,000

Modernisation

5 years 1 month

21

ECB

Wika Instruments India Pvt Ltd

1,437,825

Modernisation

12 years 2 months

22

ECB

CCL Products (I) Ltd.

7,000,000

Modernisation

5 years 3 months

23

ECB

Pidilite Industries Ltd.

12,056,036

Rupee Expenditure Loc.CG

4 years

24

ECB

Saraswati Industrial Syndicate Ltd.

11,000,000

Project

4 years 9 months

25

ECB

Varun Shipping Company Ltd.

48,000,000

Import of Capital Goods

9 years 8 months

26

ECB

Lafarge Boral Gypsum India Pvt.Ltd.

12,000,000

Project

4 years 5 months

27

FCCB

Bartronics India Ltd.

25,000,000

Modernisation

5 years

28

ECB

Granules India Ltd.

10,000,000

Rupee Expenditure Loc.CG

4 years 9 months

29

FCCB

Karuturi Networks Ltd

25,000,000

Modernisation

5 years

30

ECB

Indiport Footwear Pvt. Ltd. #

268,376

Import of Capital Goods, Rupee Exp.

2 years 11 months

31

ECB

Vigel Manufacturing Technologies P. Ltd.

2,012,821

Project

5 years 4 months

32

ECB

Electrotherm (India) Ltd.

15,000,000

Project

10 years 5 months

33

FCCB

Electrotherm (India) Ltd.

10,000,000

Project

9 years 5 months

34

ECB

Kirby Building Systems India Ltd.

5,000,000

Rupee Expenditure Loc.CG

5 years

35

ECB

Godfrey Phillips India Ltd.

11,008,962

Modernisation

5 years

36

ECB

FCI Technology Services ltd

10,000,000

Modernisation

5 years 6 months

37

ECB

Ashok Leyland Limited

25,000,000

Rupee Expenditure Loc.CG

5 years 11 months

38

ECB

Ashok Leyland Limited

25,000,000

Import of Capital Goods,Rupee Exp.

5 years 11 months

39

ECB

Ognibene India Pvt. Ltd.

2,000,000

Project

6 years 11 months

40

ECB

Perlos Telecom & Elec.Comp.(I) Pvt.Ltd.

5,367,522

Import of Capital Goods, New Project, Rupee Exp., Modernisation

10 years 4 months

41

ECB

G.W.Precision Tools (India) Pvt. Ltd.

1,341,881

Modernisation

9 years 8 months

42

FCCB

Shakti Pumps (India) Ltd.

6,322,329

Modernisation

4 years 10 months

43

ECB

3D Technopack Ltd.

1,006,410

Modernisation

4 years 9 months

44

ECB

Clestra Modular Systems Pvt.Ltd.

402,564

Modernisation

5 years

45

ECB

Foxconn India Pvt.Ltd.

30,000,000

Project

7 years 3 months

46

FCCB

Man Industries (India) Ltd.

50,000,000

Modernisation, Oversease Investment

5 years

47

ECB

Kirby Building Systems I (Uttranchal )P

5,000,000

Modernisation

5 years

48

ECB

Sanmina-SCI Technology I P

2,390,000

Project

5 years

49

ECB

EOC Polymers India Pvt. Ltd.

1,500,000

Project

10 years 11 months

50

ECB

Arcelor Neel Tailored Blank Pvt. Ltd.

1,455,629

Modernisation

4 years 11 months

51

ECB

Mainetti India Pvt Ltd.,

536,752

Project, Rupee Exp.

6 years 3 months

52

ECB

Recaero India PVT. LTD.

402,564

Import of Capital Goods, Rupee Exp.

5 years 6 months

53

ECB

Fem Care Pharma Limited

3,000,000

Modernisation

5 years 2 months

54

ECB

BBM Engineering Services Pvt. Ltd.

832,892

Import of Capital Goods

4 years 9 months

55

ECB

Zahoransky Sarin Moulds & Machines Pvt.L

147,607

Import of Capital Goods

4 years 6 months

56

ECB

BBM Acoustic (India) Pvt. Ltd.

134,188

Import of Capital Goods

4 years 9 months

57

ECB

Wheels India Limited.

8,000,000

Modernisation

4 years

58

ECB

Mane India Pvt. Ltd.

283,137

Modernisation

8 years 11 months

59

ECB

Petrofac Engineering Services India P L.

1,000,000

Import of Capital Goods, Rupee Exp

5 years 11 months

60

ECB

Bhushan Steel Ltd.

4,556,691

Import of Capital Goods

6 years 11 months

61

FCCB

JSW Steel Ltd.

325,000,000

Modernisation

5 years

62

ECB

Emuge India Pvt. Ltd.

653,496

Modernisation

6 years

63

ECB

UFI Filters India Pvt. Ltd.

1,341,881

Modernisation

4 years 6 months

64

ECB

Lizer Technologies Ltd.

5,000,000

Rupee Expenditure Loc.CG, Import of Cap Goods

5 years

65

ECB

Gudel India Pvt. Ltd.

324,247

Modernisation

6 years 6 months

66

FCCB

KSL Reality & Infrastucture Ltd.

80,000,000

Modernisation

5 years 5 months

67

ECB

Hikal Ltd.

10,000,000

Modernisation

4 years 11 months

68

ECB

Indena India Pvt .Ltd.

805,128

Modernisation

5 years

69

ECB

Torrent Pharmaceuticals Ltd

20,000,000

Project, Modernisation

5 years 10 months

70

ECB

Nord Drivesystems Pvt. Ltd.

2,314,744

Project

6 years 9 months

71

ECB

Dong -A India Automotive Pvt. Ltd.

3,000,000

Modernisation, Rupee Exp., Import of Cap

4 years 9 months

72

ECB

Apicore Pharmaceuticals Pvt. Ltd.

3,000,000

Project

4 years 5 months

73

ECB

Moser Bear Photovoltaic Ltd.

22,500,000

Project

6 years 7 months

74

ECB

Maneesh Pharmaceuticals Pvt.Ltd.

45,000,000

Modernisation,Rupee Exp., Overseas Acq.

5 years 3 months

75

ECB

Sanghi Industries Ltd

38,000,000

Project - Power

7 years 6 months

76

ECB

Jato India Pvt. Ltd.

536,752

Import of Capital Goods, Modernisation

9 years 8 months

77

ECB

Myoung Shin India Automotive Pvt Ltd

10,000,000

Project , Import of Capital Goods

3 years

78

ECB

Tarsons Products (P) Ltd.

5,850,000

Project , Modernisation

5 years 1 month

79

ECB

Navneet Publication India Ltd

6,000,000

Project-Power

6 years 11 months

80

ECB

Ballarpur Industries Limited.

10,000,000

Rupee Expenditure Loc.CG

5 years

81

ECB

Parveen Industries Pvt. Ltd.

2,800,000

Modernisation

5 years 2 months

82

FCCB

Strides Arcolab Limited

100,000,000

Project , Modernisation, Overseas Invest.

5 years

83

ECB

Finolex Industries Limited

31,275,237

Modernisation

6 years 6 months

84

ECB

Codina Metalic Private Ltd.

134,188

Project

4 years 6 months

85

ECB

Hanil Automotive India Pvt. Ltd.

10,000,000

Modernisation, Import of Cap., Rupee Exp.

5 years 8 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

Reliance Petroleum Ltd.

500,000,000

New Project

11 years 2 months

2

ECB

SREI Infrastructure Finance Ltd.

50,000,000

Import of Capital Goods

7 years

3

ECB

Jet Airways (I) Ltd

276,885,000

Import of Capital Goods

11 years 11 months