| 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 December 2007. |
| Data on External Commercial Borrowings / FCCB - December 2007 |
| I. Automatic Route* |
| Sr. No. |
ECB / FCCB |
Borrower |
Equivalent Amount in USD |
Purpose |
Maturity Period (Aprx) |
| 1 |
ECB |
Power Build Limited |
831,095 |
Import of Capital Goods |
5 years 5 months |
| 2 |
ECB |
Argonaut Logistics (India) Pvt.Ltd. # |
28,320 |
Others-set-up expenses |
2 years |
| 3 |
ECB |
Portal Player (India) Pvt.Ltd. |
4,000,000 |
Modernisation, Project expansion |
4 years 10 months |
| 4 |
ECB |
Eifeler India Coating Centre Private Ltd |
729,031 |
Import of Capital Goods |
4 years 11 months |
| 5 |
ECB |
Eifeler India Coating Centre Private Ltd |
729,031 |
Import of Capital Goods |
4 years 11 months |
| 6 |
ECB |
Diab Core Materials Pvt. Ltd. |
650,000 |
Import of Capital Goods |
4 years 11 months |
| 7 |
ECB |
Diab Core Materials Pvt. Ltd. |
1,458,061 |
Import of Capital Goods |
5 years 7 months |
| 8 |
FCCB |
Ankur Drugs & Pharma Ltd. |
20,000,000 |
Import of Capital Goods |
5 years |
| 9 |
FCCB |
Bartronics India Ltd. |
50,000,000 |
Overseas Acquisition |
4 years 11 months |
| 10 |
ECB |
Mundra Port & Special Economic Zone Ltd. |
37,000,000 |
Import of Capital Goods |
6 years 11 months |
| 11 |
FCCB |
Zenith Infotech Ltd. |
50,000,000 |
Overseas Acquisition |
5 years 5 months |
| 12 |
ECB |
Pharmazell (Vizag) Pvt.Ltd. |
4,374,183 |
Import of Capital Goods |
6 years 6 months |
| 13 |
ECB |
Calyx Chemicals & Pharmaceuticals Ltd. |
5,000,000 |
Import of Capital Goods |
5 years 6 months |
| 14 |
ECB |
Poss Delhi Steel Processing Centre Pvt.L |
2,000,000 |
Import of Capital Goods |
3 years 5 months |
| 15 |
ECB |
Asta India Pvt.Ltd. |
5,103,214 |
Import of Capital Goods |
7 years 5 months |
| 16 |
ECB |
Scantrans India Pvt.Ltd. |
400,518 |
Import of Capital Goods |
3 years 1 month |
| 17 |
FCCB |
Aksh Optifibre Ltd. |
20,000,000 |
Import of Capital Goods |
5 years |
| 18 |
ECB |
Daeseung Autoparts India Private Limited |
3,000,000 |
Import of Capital Goods |
3 years |
| 19 |
FCCB |
GTL Infrastructure Ltd |
300,000,000 |
Import of Capital Goods, Overseas Investment |
5 years |
| 20 |
ECB |
Crown Milk Specialities Pvt.Ltd. |
607,237 |
Import of Capital Goods |
5 years 10 months |
| 21 |
ECB |
KEC International Ltd. |
7,290,305 |
Import of Capital Goods |
4 years 11 months |
| 22 |
ECB |
Reliance Telecom Infrastructure Ltd. |
500,000,000 |
Import of Capital Goods, Telecommunication |
6 years 4 months |
| 23 |
FCCB |
South Asian Petrochem Ltd. |
20,000,000 |
Overseas Acquisition |
5 years |
| 24 |
ECB |
Gujarat State Petronet Ltd. |
85,574,107 |
Import of Capital Goods, Rupee Exp. |
14 years 3 months |
| 25 |
ECB |
The West Coast Paper Mills Ltd. |
105,000,000 |
Import of Capital Goods |
7 years 8 months |
| 26 |
ECB |
Gujrat Glass Pvt.Ltd. |
15,000,000 |
Import of Capital Goods |
6 years 8 months |
| 27 |
ECB |
HINDALCO ALMEX AEROSPACE LTD. |
16,000,000 |
Import of Capital Goods |
6 years 3 months |
| 28 |
ECB |
Wagner Trident Precision Components Pvt. |
437,418 |
Import of Capital Goods |
3 years 3 months |
| 29 |
ECB |
Kasturi & Sons Ltd. |
20,000,000 |
Import of Capital Goods |
4 years 6 months |
| 30 |
ECB |
Jain Irrigation Systems Ltd. |
15,000,000 |
Overseas Acquisition |
7 years 9 months |
| 31 |
ECB |
Gujarat NRE Coke Limited |
15,000,000 |
Overseas Acquisition |
3 years 6 months |
| 32 |
ECB |
Clutch Auto Ltd. |
8,000,000 |
Import of Capital Goods |
7 years 9 months |
| 33 |
ECB |
Dong -A Sealtech Manufacturing Pvt.Ltd. |
1,500,000 |
Import of Capital Goods |
4 years 11 months |
| 34 |
ECB |
Nihon Technology Pvt.Ltd. |
1,500,000 |
Import of Capital Goods, Rupee Exp., Others |
4 years 11 months |
| 35 |
ECB |
Shipping Corporation Of India Ltd. |
339,712,000 |
Import of Capital Goods |
12 years 10 months |
| 36 |
ECB |
Nilkamal Ltd |
2,500,000 |
Import of Capital Goods |
4 years |
| 37 |
ECB |
Modine Thermal System Pvt.Ltd. |
5,500,000 |
Import of Capital Goods |
5 years 6 months |
| 38 |
ECB |
KOB Medical Textiles Pvt.Ltd. |
699,869 |
Import of Capital Goods |
5 years |
| 39 |
ECB |
NTN Manufacturing India Pvt.Ltd |
332,000 |
Import of Capital Goods |
6 years 3 months |
| 40 |
ECB |
Daechang India Seat Company Pvt. Ltd. |
2,000,000 |
Import of Capital Goods |
3 years 2 months |
| 41 |
ECB |
CGU Logistic Ltd. |
13,500,000 |
Import of Capital Goods |
10 years 5 months |
| 42 |
ECB |
Larsen & Toubro Limited |
35,000,000 |
Import of Capital Goods, Overseas Investment |
10 years 5 months |
| 43 |
FCCB |
Plethico Pharmaceuticals Ltd. |
75,000,000 |
Overseas Acquisition |
5 years 11 months |
| 44 |
ECB |
Maneesh Pharmaceuticals Pvt.Ltd. |
15,000,000 |
Overseas Acquisition |
5 years |
| *: 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 |
Jet Airways (India) Ltd. |
47,800,761 |
Financial Lease |
8 years 4 months |
| 2 |
ECB |
Jet Airways (India) Ltd. |
278,997,110 |
Financial Lease |
12 years 4 months |
| 3 |
ECB |
Sarda Energy & Minerals Ltd. |
65,749,921 |
Rupee capital expenditure and import of capital goods |
7 years 2 months |
| 4 |
ECB |
Alumeco India Extrusion Ltd. |
991,482 |
Rupee capital expenditure |
5 years |
| 5 |
ECB |
Saint- Gobain Glass India Ltd |
29,161,222 |
Import of Capital Goods, Rupee capital Exp. |
5 years 11 months |
| 6 |
ECB |
Alaknanda Hydro Power Co.Ltd. |
40,000,000 |
Capital Expenditure in FC and Rupee capital expenditure |
18 years 9 months |
| 7 |
ECB |
Tricom India Ltd |
5,000,000 |
Overseas Acquisition |
5 years 1 month |
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