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 May 2008.
| Data on External Commercial Borrowings / FCCB - May 2008 |
| I AUTOMATIC ROUTE* |
| Sr.No |
ECB /FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Appx) |
| 1 |
FCCB |
Cals Refineries Limited |
250,000,000 |
Import of Capital Goods |
6 years 11 months |
| 2 |
ECB |
Hansen Drives Ltd. |
78,600,180 |
Import of Capital Goods |
9 years 10 months |
| 3 |
ECB |
Hansen Drives Ltd. |
41,724,177 |
Import of Capital Goods |
9 years 10 months |
| 4 |
ECB |
Lucas TVS Ltd. |
6,000,000 |
Import of Capital Goods |
4 years 11 months |
| 5 |
ECB |
Chennai Water Desalination Ltd. |
21,875,437 |
Import of Capital Goods |
10 years 1 month |
| 6 |
ECB |
Rittal India Pvt.Ltd. |
7,779,869 |
Import of Capital Goods |
5 years 7 months |
| 7 |
ECB |
Indo Schottle Auto Parts Pvt Ltd. |
1,493,735 |
Import of Capital Goods |
8 years 5 months |
| 8 |
ECB |
Mitsui Prime Advanced Composites Ind Pvt |
7,674,853 |
Import of Capital Goods |
8 years 4 months |
| 9 |
ECB |
Reliance Communications Ltd |
150,000,000 |
Import of Capital Goods |
6 years 11 months |
| 10 |
ECB |
Reliance Communications Ltd |
50,000,000 |
Import of Capital Goods |
10 years 5 months |
| 11 |
ECB |
Reliance Telecom Ltd |
150,000,000 |
Import of Capital Goods |
10 years 5 months |
| 12 |
ECB |
Nirma Ltd. |
20,000,000 |
Overseas Acquisition |
5 years |
| 13 |
ECB |
Inpac Delta India Pvt Ltd |
3,506,092 |
Import of Capital Goods |
5 years 6 months |
| 14 |
ECB |
Centum Frequency Products Pvt Ltd |
2,738,514 |
Import of Capital Goods |
5 years 7 months |
| 15 |
ECB |
Edwards India Pvt Ltd |
167,001 |
Import of Capital Goods |
3 years 1 month |
| 16 |
ECB |
Simplex Infrastructures Ltd |
20,000,000 |
Import of Capital Goods |
5 years 1 month |
| 17 |
ECB |
Lloyd Insulations India Ltd. |
4,823,519 |
Import of Capital Goods |
5 years 2 months |
| 18 |
ECB |
H-One India Pvt Ltd |
5,564,269 |
Import of Capital Goods |
5 years 1 month |
| 19 |
ECB |
Universal Medicare P Ltd |
2,000,000 |
Overseas Acquisition |
3 years |
| 20 |
ECB |
Navayuga Engineering Co.Ltd. |
25,000,000 |
Import of Capital Goods |
6 years 5 months |
| 21 |
ECB |
Orient Craft Ltd. |
1,000,000 |
Refinancing of old loans |
1 year 11 months |
| 22 |
ECB |
Magotteaux Industries Pvt. Ltd. |
233,396 |
Import of Capital Goods |
5 years 4 months |
| 23 |
ECB |
Morganite Crucible India Ltd |
1,670,011 |
Import of Capital Goods |
3 years 4 months |
| 24 |
ECB |
Texturing Technology Private Ltd. |
2,614,036 |
Import of Capital Goods |
5 years 6 months |
| 25 |
ECB |
Arcelor Mittal Dhamm Processing Pvt.Ltd. |
3,267,545 |
Import of Capital Goods |
6 years 6 months |
| 26 |
ECB |
ABG Shipyard Ltd. |
80,000,000 |
Import of Capital Goods |
12 years 9 months |
| 27 |
ECB |
Modine Thermal System Pvt.Ltd. |
3,300,000 |
Import of Capital Goods |
5 years 8 months |
| 28 |
ECB |
United Seamless Tubular Private Ltd. |
32,857,966 |
Import of Capital Goods |
11 years 8 months |
| 29 |
ECB |
Inox Air Products Ltd. |
15,000,000 |
Import of Capital Goods |
6 years 11 months |
| * Based on Form 83 submitted for allotment of loan registration number |
| # Clarifications sought from the company in regard to conformity to end-use requirement, eligibility of borower and other parameters of ECB |
| II APPROVAL ROUTE* |
| 1 |
ECB |
Jet Airways (India) Ltd. |
287,164,000 |
Financial Lease,(import of capital Goods) |
11 years 10 months |
|
