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        Customs, DGFT & SEZ

        Data on ECB/FCCB for September 2010

        December 1, 2010

        📋
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        The Reserve Bank of India has released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of September 2010.

        Data on ECB/FCCB for the month of September 2010

        * I AUTOMATIC ROUTE

         

        ECB/ FCCB

        Borrower

        Equivalent Amount in USD

        Purpose

        Maturity Period (Appx)

        1

        ECB

        Acclaris Business Solutions Pvt. Ltd.   #

        538,726

        Modernisation

        6 Years 10 Months

        2

        ECB

        Dozco (India) Pvt. Ltd.    #

        1,000,000

        General Corporate Purpose

        3 Years

        3

        ECB

        Dozco (India) Pvt. Ltd.    #

        500,000

        General Corporate Purpose

        3 Years 10 Months

        4

        ECB

        Dozco (India) Pvt. Ltd.    #

        1,150,000

        General Corporate Purpose

        3 Years 1 Month

        5

        ECB

        Dozco (India) Pvt. Ltd.    #

        1,200,000

        General Corporate Purpose

        3 Years 6 Months

        6

        ECB

        Rosti Technical Plastics (India) Pvt. Ltd

        5,000,000

        Import of Capital Goods

        4 Years 9 Months

        7

        ECB

        Divekar Wallstabe & Schneider Precision Seals  Pvt. Ltd.

        1,534,624

        Rupee Expenditure Local Capital Goods

        5 Years 7 Months

        8

        ECB

        Johnson Matthey India Pvt. Ltd.

        7,304,816

        Import of Capital Goods

        3 Years 4 Months

        9

        ECB

        Jhajjar Power Ltd.

        100,000,000

        Power

        13 Years 2 Months

        10

        ECB

        IPCA Laboratories Ltd. 

        10,000,000

        Rupee Expenditure Local Capital Goods

        4 Years

        11

        ECB

        Tag Offshore Ltd.

        5,200,000

        Import of Capital Goods

        8 Years 4 Months

        12

        ECB

        Johnson Matthey Chemicals (India) Pvt.Ltd

        6,261,271

        Modernisation

        3 Years 3 Months

        13

        ECB

        Coromandel International Ltd.

        10,000,000

        Rupee Expenditure Local Capital Goods

        5 Years 4 Months

        14

        ECB

        Inox Air Products Ltd.

        8,000,000

        Rupee Expenditure Local Capital Goods

        6 Years 1 Month

        15

        ECB

        Krishna Ishizaki Auto Ltd.

        2,959,922

        Import of Capital Goods 

        8 Years 8 Months

        16

        ECB

        Westfalia Metal Components India Pvt. Ltd.

        260,886

        New Project

        4 Years 2 Months

        17

        ECB

        Torrecid India Pvt. Ltd.

        500,000

        Rupee Expenditure Local Capital Goods

        3 Years 1 Month

        18

        ECB

        Posco Maharashtra Steel Pvt. Ltd.

        143,000,000

        Import of Capital Goods

        8 Years 1 Month

        19

        ECB

        Jhajjar Power Ltd.

        188,000,000

        Power

        13 Years 1 Month

        20

        ECB

        Advik Hitech Pvt. Ltd.

        2,500,000

        Rupee Expenditure Local Capital Goods

        5 Years

        21

        ECB

        Nagata India Pvt.Ltd. 

        1,101,979

        Import of Capital Goods

        5 Years

        22

        ECB

        HPCL Mittal Energy Ltd.

        43,639,494

        New Project

        10 Years 1 Month

        23

        ECB

        Supreme Industries Ltd 

        10,000,000

        Import of Capital Goods

        4 Years

        24

        ECB

        TVS Energy Ltd.

        10,763,461

        New Project

        11 Years

        25

        ECB

        Alkem Laboratories Ltd.

        15,000,000

        Rupee Expenditure Local Capital Goods 

        4 Years

        26

        ECB

        Ampacet Speciality Products Pvt. Ltd.

        6,522,157

        Import of Capital Goods

        5 Years 7 Months

        27

        ECB

        Triton Valves Ltd.

        3,200,000

        Rupee Expenditure Local Capital Goods

        5 Years

        28

        ECB

        Dhunseri Petrochem & Tea Ltd.

        36,000,000

        Modernisation

        9 Years 1 Month

        29

        ECB

        Power Finance Corporation Ltd.

        240,000,000

        Power

        6 Years 1 Month

        30

        ECB

        Mapal India Pvt.Ltd.

        652,216

        New Project

        4 Years 4 Months

        31

        ECB

        Honda Siel Cars India Ltd.

        20,000,000

        Rupee Expenditure Local Capital Goods

        3 Years 4 Months

        32

        ECB

        Aurobindo Pharma Ltd.

        40,000,000

        Modernisation

        5 Years 3 Months

        33

        ECB

        Powerica Ltd.

        10,000,000

        Power

        3 Years

        34

        ECB

        Rane Brake Lining Ltd 

        4,200,000

        Modernisation

        5 Years

        35

        ECB

        Ensto India Pvt. Ltd.

        456,551

        New Project

        5 Years

        36

        ECB

        Jay Shree Tea & Industries Ltd.

        10,000,000

        Rupee Expenditure Local Capital Goods

        3 Years 3 Months

        37

        ECB

        NTN NEI Manufacturing India Pvt.Ltd

        2,723,128

        Import of Capital Goods

        6 Years 1 Month

        38

        ECB

        Positive Packaging Industries Ltd

        3,000,000

        Modernisation

        5 Years

        39

        ECB

        Sterling Agro Industries Ltd.

        17,167,548

        Power

        5 Years 11 Months

        40

        ECB

        Citrix R&D India Pvt Ltd.

        2,400,000

        Modernisation

        6 Years 11 Months

        41

        ECB

        Foods Fats & Fertilizers Ltd.

        3,300,000

        Rupee Expenditure Local Capital Goods

        5 Years

        42

        ECB

        Baxter (India) Private Limited.

        25,720,000

        Rupee Expenditure Local Capital Goods

        12 Years 2 Months

        43

        ECB

        Nagarjuna Fertilisers & Chemicals Ltd.

        12,431,673

        Power

        8 Years 6 Months

        44

        ECB

        Star Panel Boards Ltd.

        1,434,875

        Import of Capital Goods

        4 Years 1 Month

        45

        ECB

        Ceekay Daikin Ltd.

        4,200,000

        Rupee Expenditure Local Capital Goods

        4 Years 9 Months

        46

        ECB

        Asian Hotels (North) Ltd.

        53,000,000

        Overseas Acquisition

        8 Years 1 Month

        47

        ECB

        Himadri Chemicals & Industries Ltd.

        9,175,759

        Power

        9 Years 11 Months

        48

        ECB

        Adani Power Ltd.

        25,000,000

        Power

        6 Years 4 Months

        49

        ECB

        Inox Air Products Ltd.

        12,000,000

        Rupee Expenditure Local Capital Goods

        6 Years 1 Month

        50

        ECB

        Bajajsons Limited

        2,750,000

        Rupee Expenditure Local Capital Goods

        5 Years 3 Months

        51

        ECB

        Riddhi Siddhi Gluco Biols Ltd.

        10,112,278

        Rupee Expenditure Local Capital Goods

        9 Years 7 Months

        52

        ECB

        Sangsin Brake India Pvt. Ltd.

        2,500,000

        Import of Capital Goods

        4 Years

        53

        ECB

        BMW India Pvt. Ltd.

        19,566,472

        Modernisation

        4 Years

        54

        ECB

        Mobis India Limited

        20,000,000

        Rupee Expenditure Local Capital Goods

        3 Years 1 Month

         

         

        Automatic Route Total

        1,172,927,837

         

         

        * Based on Form 83 submitted for allotment of Loan Registration Number

        # clarifications sought from the company in regard to conformity with end-use requirement, eligibility of the borrower and other parameters of ECB

         

        II APPROVAL ROUTE

        1

        ECB

        LCP Building Products Pvt.Ltd.

        449,256

        Construction of Factory Building

        9 Years 1 Month

        2

        ECB

        Agilent Technologies (International) Pvt.Ltd.

        2,000,000

        Rupee Expenditure Local Capital Goods

        4 Years

        3

        ECB

        Rural Electrification Corporation Ltd.

        400,000,000

        Power

        5 Years

        4

        ECB

        IDEA Cellular Ltd.

        150,000,000

        Refinance of INR loan 3-G Spectrum Fee

        5 Years 1 Month

        5

        ECB

        Reliance Industries Ltd.

        1,000,000,000

        Import of Capital Goods and Services

        7 Years 1 Month

        6

        ECB

        Indian Railway Finance Corporation Ltd.

        350,000,000

        Rupee Expenditure Local Capital Goods

        5 Years

        7

        ECB

        Cashpor Micro Credit

        652,216

        Onward/Sub-lending.

        8 Years 1 Month

        8

        ECB

        Ocean Sparkle Ltd

        15,000,000

        Import of Capital Goods

        7 Years 2 Month

         

         

        Approval Route Total

        1,918,101,472

         

         

         

         

        Grand Total

        3,091,029,309

         

         

        External commercial borrowings reporting shows route-wise inflows, borrower purposes and maturities for September 2010 in official release External Commercial Borrowings and Foreign Currency Convertible Bonds data for September 2010 are published route-wise (Automatic and Approval), listing borrowers, equivalent USD amounts, stated end-uses (for example import of capital goods, rupee expenditure on local capital goods, modernisation, power, new projects, overseas acquisition), approximate maturities, route totals and a Grand Total. The Automatic Route entries note reliance on Form 83 for Loan Registration Number allotment and identify cases where clarifications were sought on end-use conformity and borrower eligibility.
                          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 reporting shows route-wise inflows, borrower purposes and maturities for September 2010 in official release

                                External Commercial Borrowings and Foreign Currency Convertible Bonds data for September 2010 are published route-wise (Automatic and Approval), listing borrowers, equivalent USD amounts, stated end-uses (for example import of capital goods, rupee expenditure on local capital goods, modernisation, power, new projects, overseas acquisition), approximate maturities, route totals and a Grand Total. The Automatic Route entries note reliance on Form 83 for Loan Registration Number allotment and identify cases where clarifications were sought on end-use conformity and borrower eligibility.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
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