39936-014: IND: LOANS TO SREI INFRASTRUCTURE FINANCE LIMITED

Project Data Sheet (PDS): Overview


Description

ADB's proposed assistance to SREI Infrastructure Finance Ltd. in the form of a secured loan of up to $50 million to fund small and medium-sized private sector infrastructure projects, particularly focusing on roads, power (in the range of 25-100 MW), ports and urban infrastructure. The loan will be either in US$ or Indian Rupees depending on availability of local currency funding. It will have a tenor of up to 10 years and principal repayment will be amortized. The loan might be structured in several tranches to meet the cash flow profile of SREI and allow ADB to monitor the implementation and utilization of each tranche. The proposed loan will be secured by a first charge over all the assets and receivables financed out of the loans. Read More

Country India
Borrower/Equity Investment Name SREI INTERNATIONAL FINANCE LIMITED
Project Number 39936-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7241
Approval Date 27 Jul 2006
Geographical Location Kolkata
Sector / Subsector Classification Finance
/ Investment Funds
Thematic Classification Economic growth
Private sector development
Safeguard Categories Environment: FI
Resettlement: B/C
Indigenous People: B

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Peter Marro
Email contact

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Private Sector Investment Funds & Special Initiatives Div

PDS Creation Date
09 Jun 2006

Last PDS Update
31 Oct 2006

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