Project export approvals: AD banks and Exim Bank may grant unlimited post award approvals and amend terms under FEMA guidelines. Authorized Dealer banks and Exim Bank may consider and grant post award approvals for project exports and deferred service export proposals without monetary limits and permit subsequent changes in approval terms under relevant FEMA guidelines; the Memorandum of Instructions on Project and Service Exports is revised to reflect the renaming of OCCI as Project Export Promotion Council and to expand the definition of civil construction contracts to include turnkey engineering contracts, process and engineering consultancy services and project construction items (excluding steel and cement).