ECB eligibility expansion to hotel sector allows rupee loan repayment and rupee capital expenditure via ECBs; AD banks to certify project cost. The ECB policy is amended to include hotel sector companies meeting the prescribed project cost threshold as eligible to avail ECBs for repayment of outstanding Rupee loans and for fresh Rupee capital expenditure; AD Category-I banks must certify project cost when forwarding ECB applications. All other aspects of the existing scheme remain unchanged, the amendment is effective immediately and issued under the Foreign Exchange Management Act.