Line of Credit for rural electrification: financing mandates majority India-sourced supplies and prescribed disbursement timelines. Exim Bank's Line of Credit to the Republic of Congo finances eligible exports for a Rural Electrification Project, requiring at least 75 per cent of contract value to be supplied from India with up to 25 per cent of non-consultancy goods and services allowed from outside India; the Credit Agreement fixes the effective date and separate last dates for opening Letters of Credit and disbursement for project exports and supply contracts.
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.
Line of Credit for rural electrification: financing mandates majority India-sourced supplies and prescribed disbursement timelines.
Exim Bank's Line of Credit to the Republic of Congo finances eligible exports for a Rural Electrification Project, requiring at least 75 per cent of contract value to be supplied from India with up to 25 per cent of non-consultancy goods and services allowed from outside India; the Credit Agreement fixes the effective date and separate last dates for opening Letters of Credit and disbursement for project exports and supply contracts.
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