Project funded by ICICI Bank

1. Presented By:
Shweta Singh

2. Company Profile
 ICICI Bank is an Indian multinational banking and financial
services company headquartered in Mumbai, India.
 ICICI Bank was formed in 1955 as a financial institution to
provide project financing to Indian industry.
 The ICICI Bank has a leadership position and is acknowledged
for its comprehensive domain expertise and knowledge
in different sectors.
 The project finance team of ICICI Bank has also played a key
role in assisting the Government of India in formulating
policies relating to various segments of the infrastructure
sector.

3. Major Sectors Covered
 Power
 Roads
 Ports/Airports
 Manufacturing and Mining
 Oil and Gas

4. Classification of PFG
 Infrastructure Finance Group (IFG): IFG caters to the
funding requirement in the infrastructure sector like power,
telecom, roads, ports, airports, railways and urban
infrastructure.
 Manufacturing Projects group (MPG): MPG caters to the
funding requirement in the manufacturing sector like oil &
gas, steel, aluminium, cement, auto and mining.
 Infrastructure Equity Group (IEG): IEG is engaged in
providing equity support to projects in various established as
well as upcoming sectors.

5. Services offered by PFG
 Rupee term loans
 Foreign currency term loans
 External commercial borrowings
 Export credit agency backed funding
 Non fund based facilities like letter of credit, bank guarantee
supplier’s credit, buyer’s credit etc
 Equity funding

6. Project Finance Procedure
Detailed Evaluation
Preparation of Appraisal Memorandum
Risk Matrix is Generated
Credit Approval
Issue Letter of Intent
Loan Agreement

7. Industry Specific Loans
 Construction Loan
 Construction sectors of Rs. 3,00,000 crore which includes
infrastructure, commercial, retail and residential space is
projected to command an outlay of Rs.18,00,000 crores in the
next 10 years.
 Working Capital
• Working capital as cash-credit facility.
• Facility for a period of 12 months.
• Floating interest rate.
• Interest levied only on amount utilized.

8. Contd…
 Educational Institutions
 Private or public, primary, secondary or higher education.
 Term Loan
• ICICI Bank offer term loans for establishment of educational
institutes.
• Term loans are structured with flexible options of repayment
based on the needs of the project and offered with competitive
prices.
• Foreign currency loans is also available.

9. Contd…
 Pharmaceuticals
 ICICI Bank has team of pharma specialists that helps in
pharma business through focus, innovation and sharing.
 Working Capital
• Cash Credit.

10. Contd…
 Information Technology
 ICICI Bank has experts that helps in business of IT services
and hardware distribution with working capital facilities and
all kinds of forex products and advisory services.
 Term Loan.

11. Project Funded
 Hydro Power Projects
 Teesta VI Hydropower Project by Lanco Teesta Hydro
Power Pvt Ltd
Project Details
Total Project Cost Rs 32.8 billion
Capacity 500 MW
Location Sikkim
Components 4 125-MW turbine-generator units
Equipment Supplier Alstom Hydro of France
Power off-taker Royalty: 12% to state of Sikkim
Balance: Saleable Energy

12. Contd…
 Karcham Wangtoo Hydroelectric Plant
Project Details
Loan Amount Rs 1500 Crore
Total Project Cost Rs 7,150 Crore
Year of Construction 2005
Purpose To generate power
Capacity 1000 MW
Project Location Kinnaur district,
Himanchal Pradesh
Year of Completion 2011

13. Contd…
 Vishnuprayag Hydro Power Project (400 MW, Uttaranchal)
 Baspa II Hydro Power Project (300 MW, Himachal Pradesh)
 Baghliar Hydro Power Project (450 MW, Jammu & Kashmir)
 Srinagar Hydro Power Project (330 MW, Uttaranchal)
 Malana Hydro Power Project (86 MW, Himachal Pradesh)

14. Contd…
 Roads & Highway Project
 Zirakpur-Parwanoo Highway Project
Project Details
Loan Amount Rs 15 Crore
Year of Construction 2007
Purpose To connect Zirakpur in
Punjab and Parwanoo in
Himachal Pradesh
Project Location Zirakpur, Punjab
Total Length 28.690 KM

15. Contd…
 Manufacturing and Minning
 Metal sheet (iron and steel) fabrications Project
Project Details
Loan Amount Rs 75 Lakh
Year of Manufacturing 2011
Purpose Production of Metals
Project Location Patelnagar, Dehradun
Loan Tenure 60 Months

16. Contd…
 Airport Project
 Indira Gandhi International Airport Terminal 3, India.
 Construction of the terminal project was started in February
2007 and was completed by March 2010.
 Project cost Rs 128 billion.
 Role in Indian Financial Infrastructure
 National Stock Exchange
 Credit Rating Information Services of India Limited (CRISIL)
 Entrepreneurship Development Institute of India (Rs 28 Lakh)

17. Advantages
 This framework creates optimal risk identification, allocation
and mitigation and helps to minimize residual risk.
 ICICI Bank’s project finance credits are generally fully
secured and have full recourse to the borrower.
 ICICI Bank has a security interest and first lien on all the fixed
assets and a second lien on all the current assets of the
borrower.
 ICICI Bank’s borrowers are required to maintain
comprehensive insurance on their assets where ICICI Bank is
recognized as payee in the event of loss.

18. Contd…
 ICICI Bank appoints technical and market consultants, they
are required to monitor the project's progress and certify all
disbursements.
 ICICI Bank also requires the borrower to submit periodic
reports on project implementation including orders for
machinery and equipment as well as expenses incurred.
 ICICI Bank continues to monitor the credit exposure until its
loans are fully repaid.