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ECB ENTITLEMENT FOR NEW PROJECTS All infrastructure and greenfield projects will be
permitted to avail ECB to an extent of 35% of the total
project cost, as appraised by a recognised Financial
Institution/Bank, subject to the fulfillment of other ECB
guidelines. However, ECB limited for telecom projects are
more flexible and an increase from the present 35% to 50%
of the project cost (including the licence fee) will be
allowed as a matter of course. Greater flexibility may
also be allowed in case of power projects and other
infrastructure projects based on merits. Guidelines on Policies and Procedures for External Commercial Borrowings 1997-98 [ECB Policy] [Average Maturities for ECB] [USD 3 Million Scheme][Exporters/Foreign Exchange Earners][ Infrastructure Projects][Long-Term Borrowers][On Lendings by DFIs and Other Financial
Intermediaries][End-Use Requirements][Proceeds from Bonds , FRNs & Syndicated Loan][ECB Entitlement for New Projects][Interest rate for Project Financing][Other Term and Conditions][Security][Exemption
from Withholdings Tax][Approval
under FERA][Short-Term Loan from
RBI][Validity of Approval][Pre-Payment of ECB][Refinancing the Existing Foreign Currency Loan][Liability Management][Procedure for Seeking ecb Approval][Review][Hedging of Loan
Exposures][Format for providing
information to Department of Economic Affairs, Ministry
of Finance, for seeking ECB Approval] |
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