Project and Infrastructure Financing 
Last date for registration: 26 Nov, 2018
End Date : 08 Dec, 2018
Early Bird Discount Date : 15 Nov, 2018
Residential Early Bird Fee(excluding GST) : Rs. 72,900
Non-Residential Fee(excluding GST) : Rs. 75,000
Non-residential Early Bird Fee(excluding GST) : Rs. 67,500
Project finance is the nerve centre for big ticket business investments in large industrial and manufacturing sectors, creating infrastructure, generating large scale direct and indirect employment, growth of ancillary SME sector and fuelling economic growth. Project financing and in particular infrastructure project financing is a key engine in India’s economic growth story.
This programme is designed to address the learning requirements for practitioners, bankers, finance professionals, academics and students engaged in or interested in the field of project finance as a specialised branch of corporate finance. It provides expert conceptual and practical insights on the nuances of project finance both from financing and borrowing perspectives. The subject will be covered in depth including recourse and non-recourse structures, setting up special purpose vehicles, Public-Private-Partnerships and essentials of infrastructure projects. The aspects of risk analysis, allocation and mitigation strategies will be covered with case studies.
Transactional aspects relating to formulating the financing mix, essentials of cost estimations and forecasting, preparation of DPRs, presentation of proposals to banks, lenders’ appraisal, negotiation of term sheets, special conditions in term sheets such as escrows and TRA, developer’s risk and return perspective and other intricacies will be discussed.
- Overview of the Capital Budgeting Decision
- Project financing Proposition – Sponsor’s, Lender’s and other Stakeholders’ Perspective, Project Financing Structures – Full Recourse and Limited Recourse financing Models with case studies
- Infrastructure Projects – Essential characteristics, PPP projects, Concession framework under various models such BO. BOO. BOT, DBFOT - Government and Developer’s Perspectives.
- Key Developer’s Perspectives in Bidding and Implementation of Infrastructure Projects.
- Pre-fund Raising Phase – Project Structuring, Preliminary Clearances, Key Project Contracts, Feasibility, RFQ and pre-bid stage, Detailed Project Report
- Project Cost Determination and financing Options – fund and Non-fund options for financing the project
- Risk determination, allocation and mitigation in Project Structure, Key Project Contracts and Lenders’ Due Diligence - Key considerations Appraisal criteria applied by Banks and Institutions Risk Analysis and Mitigation in Projects.
- Financial forecasting, financial viability analysis.
- Term Sheets in Project financing – Key features, special conditions and Negotiation
- Additional financing and sectoral issues in industrial and Infrastructure Projects
- Case Studies and Group work
(a) Corporate executives dealing with corporate fund raising function in middle and senior Management levels with a finance background – i.e. CA, ICWA, ACS, MBA(Finance), CFA.
(b) Consulting firms, investment banks, commercial banks, financial services firms and NBFCs dealing with project finance either playing an advisory or a financing role.
(c) Practicing chartered accountants, company secretaries and cost accountants dealing with project and infrastructure finance.
(d) Entrepreneurs, corporate directors, academics, newly qualified finance professionals and students pursuing research or professional finance courses who are looking out for advanced learning and expert insights in project and infrastructure finance.
Dr. M Jayadev’s areas of interest are Banking, Financial Markets and Risk Management. He is an associate member of the Indian Institute of Bankers (CAIIB) and a recipient of the ICSSR and UGC Fellowships.
At IIMB, his areas of teaching include Banking, Corporate Finance and Valuation, and Management Accounting.
Prior to joining IIMB, he was an Associate Professor of Finance at IIM Lucknow for more than five years and faculty of Investment Banking at the Academic Staff College of a large public sector bank. His professional services extend to the area of Basel Accords, Banking and Risk Management for several banks, consulting firms and software companies.
He has published papers in professional and research journals in the areas of banking and risk management. He has presented papers at national and international seminars.
He was visiting faculty at ESCP-EAP, European School of Management, Paris, School of Management, AIT Bangkok and University of Rome. He has undertaken projects in the areas of finance and banking for the Consulate General of Japan, Reserve Bank of India, SIDBI, and several public and private sector undertakings. He has completed research studies on Basel-II and Credit Risk and Mergers and Acquisitions in Banks, Educational Loans, Debt and Governance.
Mr. Pratap Giri S., B.Com, FCA, FCS, MIOD is a rank holder in the Chartered Accountancy final Examination with post-qualification experience of 29 years. He has been a practitioner and consultant for the past 22 years in the area of corporate advisory and investment banking. He specialises in strategic financial advisory services. He has had extensive hands-on experience in Project Financing, Investment Banking and Corporate Advisory Services. He has handled several assignments in this space including raising project finance, private equity, restructuring, mergers and acquisitions in various capacities as appraiser, lead manager, advisor and consultant. He is presently engaged as a strategic corporate finance advisor and independent director. Pratap is presently Adjunct Faculty with IIM Bangalore and IIM Visakhapatnam. He has also been associated with several other institutions such as JNIBF Hyderabad, NISM Mumbai, SPJIMR Mumbai, ICSI and ICAI Centre of Excellence Hyderabad. He has also been a corporate trainer for several leading banks and financial institutions such as BOI, UBI, Canara Bank, PNB, IL&FS, NABARD, LIC and GIC. He has trained more than 2000 PSU bankers in Project Finance and Credit Appraisal. He has written three books in the corporate finance area – (1) ‘STRATEGIC CORPORATE FINANCE – The Definitive Approach to Structuring and Financing of Corporate Businesses’ published by Snow White, Mumbai, (2) INVESTMENT BANKING – An Odyssey in High Finance, (3) ‘INVESTMENT BANKING – Concepts, Analyses and Cases’ both published by McGraw-Hill Education India Pvt. Ltd. He has also written several articles and spoken at seminars and training programmes conducted by the ICAI, CII and others.
Programme Fee and Payment
INR 81,000/- Residential and INR 75,000/- Non -Residential (+ Applicable GST) per person for participants from India and its equivalent in US Dollars for participants from other countries.
Early Bird Discount
Nominations received with payments on or before 15-Nov-18 will be entitled to an early bird Discount of 10%.
- Early Bird Fee (Residential) INR 72,900/-(+ Applicable GST)
- Early Bird Fee (Non-Residential) INR 67,500/-(+ Applicable GST)
Please Note:
All enrolments are subject to review and approval by the programme director. Joining Instructions will be sent to the selected candidates 10 days prior the start of the programme. Kindly do not make your travel plans unless you receive the letter from IIMB.
A certificate of participation will be awarded to the participants by IIMB.
- The programme fee should be received by the Executive Education Office before the programme commencement date.
- In case of cancellations, the fee will be refunded only if a request is received at least 15 days prior to the start of the programme.
- If a nomination is not accepted, the fee will be refunded to the person/ organisation concerned.
Hearing a practitioners who were personally involved with major infrastructure projects is a great learning
- Mr. P.V.S.Suryakumar, Chief General Manager, NABARD