GMR Group - AGM - International Project Finance

AGM-International project finance

To organize financing of 2 major Hydro Power Projects, including 2 Transmission Companies within the Time frame available in - Project Development Agreement- with Nepal Government. Financing to be negotiated with international Financial Institutions / Banks in addition to Indian Financial Institutions / Banks.

In addition for the Hydro Projects in India, foreign funding like ECB etc. is to be negotiated to optimize interest cost on the project.

Accountabilities:

Independently driving all project finance proposals for the Nepal Companies from International Banks /Financial Institutions and also from the Indian Banks /Financial Institution.

Responsible for all Financial projections, Information Memorandum for project finance proposals

Liasion with Banks/ Financial Institutions ( domestic and foreign) / Legal Counsels/ Engineers/Insurers ( Internal and External) for pre-funding compliance requirements

Compliance of covenants and other formalities post sanction of facilities

Repayment and post repayment compliances

ECB and other funding for Hydro Projects in India to take advantage in Interest Cost

Financial Closure for Nepal Projects as per target dates

Successful and timely Financial Closure

Disbursements in timely manner for the Nepal Projects

Zero penal interest, adverse reportings from lenders

Zero defaults, maintaining DSCR and no adverse reportings from lenders

Converting Rupee Loan to Foreign Currency Loans