Yteuyf
2011
IL&FS Financial Service Limited Road Sector Project
Supreme Ahmadnagar Karmala Tembhurni Tollways Private Limited Mhow Ghtatabillod Road Kota Jhalawar Corridor Private Limited
Spreha Kanika RMIT University Economics & Finance S3168731 11/11/2011
3rd Floor, D Quadrant, IL&FS Financial Centre Plot No. C - 22, G Block, Bandra Kurla Complex Bandra (East), Mumbai 400051, India Phone: +91 (22) 2659 3560, Fax: +91 (22) 2653 3149
Acknowledgement
I would like to express my gratitude to all those who gave me the possibility to complete this project report. I want to thank the IL&FS Financial Service Limited (IFIN) for providing me the work placement and entrusting me with the project. I have furthermore to thank the team members of the Project Debt Syndication for their cooperation and much needed help, specially Mr. Sabyasachi Mukherjee for providing me with the opportunity and Mrs. Nita P Mundkar for being my mentor and giving me feedbacks. My specials thanks to Mr. Keyur Shah and Gautam Kamath for helping me understand the basics of new projects and being a buddy throughout the placement. I am deeply indebted to my supervisor, Miss. Bharati Parwani, whose help, stimulating suggestions and encouragement aided me in all the time of research and helped me attain my objectives. I wish to express my gratitude toward my RMIT mentor, Paul Rubens, who has provided valuable advice and guidance.
2
Table of contents
Executive Summary……………………………………………………………………………………………………………………4 1. The Organisation……………………………………………………………………………………………………………………5 2. Project Debt Syndication………………………………………………………………………………………………………..5 3. Indian Road Sector under PPP Framework……………………………………………………………………………..5 3.1 Indian Road Sector………………………………………………………………………………………………………...5 3.2 PPP Framework………………………………………………………………………………………………………………6 4. Role of PSG…………………………………………………………………………………………………………………………….6 5. The Projects & Responsibilities………………………………………………………………………………………………7 5.1Supreme
IL&FS Financial Service Limited Road Sector Project
Supreme Ahmadnagar Karmala Tembhurni Tollways Private Limited Mhow Ghtatabillod Road Kota Jhalawar Corridor Private Limited
Spreha Kanika RMIT University Economics & Finance S3168731 11/11/2011
3rd Floor, D Quadrant, IL&FS Financial Centre Plot No. C - 22, G Block, Bandra Kurla Complex Bandra (East), Mumbai 400051, India Phone: +91 (22) 2659 3560, Fax: +91 (22) 2653 3149
Acknowledgement
I would like to express my gratitude to all those who gave me the possibility to complete this project report. I want to thank the IL&FS Financial Service Limited (IFIN) for providing me the work placement and entrusting me with the project. I have furthermore to thank the team members of the Project Debt Syndication for their cooperation and much needed help, specially Mr. Sabyasachi Mukherjee for providing me with the opportunity and Mrs. Nita P Mundkar for being my mentor and giving me feedbacks. My specials thanks to Mr. Keyur Shah and Gautam Kamath for helping me understand the basics of new projects and being a buddy throughout the placement. I am deeply indebted to my supervisor, Miss. Bharati Parwani, whose help, stimulating suggestions and encouragement aided me in all the time of research and helped me attain my objectives. I wish to express my gratitude toward my RMIT mentor, Paul Rubens, who has provided valuable advice and guidance.
2
Table of contents
Executive Summary……………………………………………………………………………………………………………………4 1. The Organisation……………………………………………………………………………………………………………………5 2. Project Debt Syndication………………………………………………………………………………………………………..5 3. Indian Road Sector under PPP Framework……………………………………………………………………………..5 3.1 Indian Road Sector………………………………………………………………………………………………………...5 3.2 PPP Framework………………………………………………………………………………………………………………6 4. Role of PSG…………………………………………………………………………………………………………………………….6 5. The Projects & Responsibilities………………………………………………………………………………………………7 5.1Supreme