Course

Unit 1

Project Finance – How it is different from conventional finance – The importance of using in Project – Project Finance in developing countries-Project finance in India – Present Scenario

Unit 2

Project Development and Management – An Introduction – Role of Advisors in Project Finance – Project Feasibility Studies – Valuing the Project and Project Cash Flow Analysis.

Unit 3

Financing and Structuring Infrastructure Projects: Public/Private collaboration – SPV, BOOT, BOT etc., and Government Support – Financial Modelling – Return to Equity Sponsors and Lenders concerns – Concession Agreement

Unit 4

Risks in Project Finance – Project Finance and Commercial Risks – Project Finance and Macroeconomic Risks – Regulatory and Political Risks – Risk Mitigation Methodologies for Projects Unit 5

Legal Aspects in Project Finance: Project Agreements – Sub-Contracts and Other Related Agreements – Project Finance Loan Documentation.

Course Objective:

The objective of the course is to familiarize the students with various avenues in financing the projects relevant to start businesses and to make aware of issues arising out of it.

Course Outcomes:

The students will able:

CO1: To understand the meaning and background of project finance. CO2: To identify the techniques of management of project finance. CO3: To explain the importance of infrastructural projects.

CO4: To identify risks and methodologies to mitigate risks involved in project finance.

CO5: To ascertain the legal and regulatory aspects of project finance

Textbooks:

• Gopalakrishnan- Project Management – McGraw
• R. Machiraju – Introduction to Project Finance – Vikas Publishing House
• M. Patel – Project Management – Vikas Publishing House

References:

• Prasanna Chandra – Projects: Planning Analysis, Selection, Financing, Implementation and Review – McGraw Hill
• Narendra Singh – Project Management Control – Himalaya Publishing House
• Choudhury – Project Management – McGraw Hill
• Narendra Singh – Problems and solutions in Project Management and Control – Himalaya Publishers