Project and Infrastructure Finance
Corporate Banking Perspective
Price: 895.00 INR
ISBN:
9780199465002
Publication date:
28/06/2017
Paperback
444 pages
241.0x159.0mm
Price: 895.00 INR
ISBN:
9780199465002
Publication date:
28/06/2017
Paperback
444 pages
241.0x159.0mm
Project Finance is a detailed textbook designed for management students specializing in Finance. It aims to provide an in-depth discussion on the various elements and risks involved in project finance applicable to Indian markets and banks. The book will take the students step by step through the structuring, appraisal, documentation, risk management, follow up and arrangement of project finance bank loans.
Project Finance is a well-established technique for raising funds for large standalone projects that require huge initial investments but have long pay offs. It is all about sourcing funds to a long term infrastructure project, or any other project. Some part of the finance comes from equity of big corporates houses, some from the government but majorly from debt financing. All such investments are associated with risk and hence all banks and financial institutions have project finance wing which analyses the cost and revenue drivers, market trends, interest rates, etc. and prepares the project finance report. They analyse all large infrastructure projects like roads, expressways, freeways and highways, ports, oil, gas projects, railway and airport projects, renewable energy projects, etc. are project financed and hence it is of huge importance as it contributes majorly to a country’s economy and economic growth. Hence project finance is of great importance.
It is really surprising to know that project finance actually predates corporate finance and was first implemented in 1299 AD when the English Crown financed the exploration and development of Devon silver mines.
Suitable for: Management students specializing in Finance
Rights: World Rights
Description
Project Finance is a detailed textbook designed for management students specializing in Finance. It aims to provide an in-depth discussion on the various elements and risks involved in project finance applicable to Indian markets and banks. The book will take the students step by step through the structuring, appraisal, documentation, risk management, follow up and arrangement of project finance bank loans.
The book begins with an introduction to project finance along with providing a detailed discussion on its rationale and scope. It goes on to discuss global project finance investments, financing contracts and documentation and how a company actually structures a project. Valuation of a project and its cash flows along with cash flow models and due diligence are explained in detail too. The book also covers processes of preparing an appraisal note, and elucidates on the procedure of appraisal of a term and a working capital loan. Further, insights on ways of managing project risks and credit risks in financial transactions have been provided. The book concludes with discussion on applications of project finance in different sectors such as Highway, Telecom and Power.
Indian students would find this book useful for its coverage of concepts from an Indian perspective giving them a wider understanding of how the market in India functions. This is supported with numerous real life examples, exhibits and case studies.
Table of contents
- Introduction to Project and Infrastructure Finance
- Project Finance and PPP markets
- Structuring the Project
- Valuing the Project and Project Cash Flows
- Due Diligence
- Project Appraisal and Preparation of Appraisal Note
- Appraisal for Working Capital Loan
- Managing Project Risks
- Loan Syndication
- Credit Risk Management in Project Finance
- Monitoring and Follow Up of Project Loans
- Focus on Sectors - Application of Project Finance
Features
- Discusses various components and complexities of project finance with numerous India examples and exhibits
- Includes concept checks and exhibits in chapters for readers to gain an insight into the basic concepts and applications of project finance
- Provides case studies/ case situations with discussion questions based on them to build on the managerial skills of readers while managing various financial situations
- Includes RBI Guidelines regarding debt restructuring, management of distress assets and other related aspects
Online Resources
For Faculty:
- PowerPoint Presentation
- Instructors Manual
Description
Project Finance is a detailed textbook designed for management students specializing in Finance. It aims to provide an in-depth discussion on the various elements and risks involved in project finance applicable to Indian markets and banks. The book will take the students step by step through the structuring, appraisal, documentation, risk management, follow up and arrangement of project finance bank loans.
The book begins with an introduction to project finance along with providing a detailed discussion on its rationale and scope. It goes on to discuss global project finance investments, financing contracts and documentation and how a company actually structures a project. Valuation of a project and its cash flows along with cash flow models and due diligence are explained in detail too. The book also covers processes of preparing an appraisal note, and elucidates on the procedure of appraisal of a term and a working capital loan. Further, insights on ways of managing project risks and credit risks in financial transactions have been provided. The book concludes with discussion on applications of project finance in different sectors such as Highway, Telecom and Power.
Indian students would find this book useful for its coverage of concepts from an Indian perspective giving them a wider understanding of how the market in India functions. This is supported with numerous real life examples, exhibits and case studies.
Read MoreTable of contents
- Introduction to Project and Infrastructure Finance
- Project Finance and PPP markets
- Structuring the Project
- Valuing the Project and Project Cash Flows
- Due Diligence
- Project Appraisal and Preparation of Appraisal Note
- Appraisal for Working Capital Loan
- Managing Project Risks
- Loan Syndication
- Credit Risk Management in Project Finance
- Monitoring and Follow Up of Project Loans
- Focus on Sectors - Application of Project Finance