RBI/2013-14/172
DNBS.PD.CC.No. 354/03.10.001/2013-14 August 02, 2013 All NBFCs Dear Sir / Madam, Financing of Infrastructure - Definition of 'Infrastructure Lending' Government of India, vide its Gazette Notifications dated April 5, 2013 and May 9, 2013, has updated the Harmonised Master List of Infrastructure sub-sectors and added the following new sub-sectors to the Notification dated March 27, 2012:
- Capital Dredging, under the sub-sector ‘Ports’.
- Slurry Pipelines
- Telecommunication & Telecom Services
2. Accordingly, the extant definition of infrastructure loan given in the NBFC Prudential Norms Directions, 2007 stands amended with immediate effect. The revised definition of 'infrastructure loan' is given in the Annex to this circular. Also please find enclosed the amending notification of date for meticulous compliance. Yours faithfully, (C. R. Samyuktha)
Chief General Manager
Annex
List of sub-sectors for ‘Infrastructure Lending’ "Infrastructure loan" means a credit facility extended by NBFCs to a borrower for exposure in the following infrastructure sub-sectors:
Sr.
No. |
Category |
Infrastructure sub-sectors |
1. |
Transport |
i |
Roads and bridges |
ii |
Ports1 |
iii |
Inland Waterways |
iv |
Airport |
v |
Railway Track, tunnels, viaducts, bridges2 |
vi |
Urban Public Transport (except rolling stock in case of urban road transport) |
2. |
Energy |
i |
Electricity Generation |
ii |
Electricity Transmission |
iii |
Electricity Distribution |
iv |
Oil pipelines |
v |
Oil / Gas / Liquefied Natural Gas (LNG) storage facility3 |
vi |
Gas pipelines4 |
3. |
Water & Sanitation |
i |
Solid Waste Management |
ii |
Water supply pipelines |
iii |
Water treatment plants |
iv |
Sewage collection, treatment and disposal system |
v |
Irrigation (dams, channels, embankments etc) |
vi |
Storm Water Drainage System |
vii |
Slurry Pipelines |
4. |
Communication |
i |
Telecommunication (Fixed network)5 |
ii |
Telecommunication towers |
iii |
Telecommunication & Telecom Services |
5. |
Social and Commercial Infrastructure |
i |
Education Institutions (capital stock) |
ii |
Hospitals (capital stock)6 |
iii |
Three-star or higher category classified hotels located outside cities with population of more than 1 million |
iv |
Common infrastructure for industrial parks, SEZ, tourism facilities and agriculture markets |
v |
Fertilizer (Capital investment) |
vi |
Post harvest storage infrastructure for agriculture and horticultural produce including cold storage |
vii |
Terminal markets |
viii |
Soil-testing laboratories |
ix |
Cold Chain7 |
Notes |
1. |
Includes Capital Dredging |
2. |
Includes supporting terminal infrastructure such as loading / unloading terminals, stations and buildings |
3. |
Includes strategic storage of crude oil |
4. |
Includes city gas distribution network |
5. |
Includes optic fibre / cable networks which provide broadband / internet |
6. |
Includes Medical Colleges, Para Medical Training Institutes and Diagnostics Centres |
7. |
Includes cold room facility for farm level pre-cooling, for preservation or storage of agriculture and allied produce, marine products and meat. |
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