External Commercial Borrowings liberalisation permits expanded refinancing for power and ECBs for toll maintenance under adjusted routes. Amendments to the External Commercial Borrowings (ECB) policy allow power-sector companies to use a portion of fresh ECBs for refinancing rupee loans under the approval route, provided a majority of proceeds fund fresh infrastructure capital expenditure, and permit ECBs under the automatic route for maintenance and operation of toll systems when part of the original project; all other ECB parameters and reporting requirements remain unchanged.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
External Commercial Borrowings liberalisation permits expanded refinancing for power and ECBs for toll maintenance under adjusted routes.
Amendments to the External Commercial Borrowings (ECB) policy allow power-sector companies to use a portion of fresh ECBs for refinancing rupee loans under the approval route, provided a majority of proceeds fund fresh infrastructure capital expenditure, and permit ECBs under the automatic route for maintenance and operation of toll systems when part of the original project; all other ECB parameters and reporting requirements remain unchanged.
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