PROJECT AND INFRASTRUCTURE

FINANCE
Program Objective :
Project Finance involves the raising of
funds to finance an economically separa-
ble capital investment project in which the
providers of the funds look primarily to the
cash flow from the project as the source of
funds to service their loans and provide the
return of and a return on their equity in-
vested in the project.
This is a practical course that provides
executives, whether as financiers, spon-
sors, or professional support, an opportuni-
ty to understand the risk-return character
of limited recourse projects from multiple
perspectives. Case studies span a variety
of sectors and geographical regions
Key Benefits :
Doing this course will help participants to -
 Articulate what project financing is.
 Define the roles and objectives of
the various participants
 Assess the risks of the transaction
from different viewpoints
 Recite numerous examples and ap-
ply them to everyday
 Know the basic term sheets, struc-
tures and legal documentation

Participant Mix : Faculty Profile :

 Credit officers in banks
 Project finance managers
 Consultants,
 Chartered accountants
 Financial advisors
Mr Praloy Majumder , a seasoned banker and
academician would conduct the workshop. Mr
Praloy Majumder brings a rare combination of
academician and working professional. He is
a visiting faculty to IIM Calcutta and has con-
ducted over 1000 training hours and training
over 500 trainees in the same topic.

DATES & VENUE

Successfully Organized In : 8th - 9th Hyderabad Hotel Quality
October, 10 Inn Residency
5th - 6th February - Mumbai
25th - 26th Mumbai Hotel Lotus
12th - 13th March - New Delhi
October, 10 Suites
16th - 17th April, Bangalore
19th - 20th Bangalore OptiRisk Learn-
23rd - 24th April - Chennai November, 10 ing Center
7th - 8th May - Mumbai 25th - 26th New Delhi Hotel Radisson
November, 10
17th - 18th June-New Delhi
21st - 22nd June - Hyderabad 3rd - 4th Hyderabad Hotel Taj
December, 10 Banjara
13th - 14th August - Mumbai
10th - 11th Mumbai Hotel Lotus
20th - 21st Sept- New Delhi December, 10 Suites

Fees : Rs 14,500 //-- + ST

 PROJECT AND INFRASTRUCTURE
FINANCE Day One
Session One :
 Difference between working capital and project financ-
ing :
Objective : Basic difference would be discussed from tenure
perspective and repayment perspective
Take away for participants : Participants would be able to find
out different parameters to be looked for working capital as-
sessment and term loan assessment .
 Risks associated with working capital financing and
project financing :
Objective : Identification and understanding different important
risks from financing perspective of working capital and project
financing .
Take away for participants : Participants would be able to take
steps which are relevant for risk management of these two
types of financing without wasting time and resources for irrele-
vant risk management concepts.
 Linkage between working capital assessment and
project financing :
Objective : To build up concept to see the project financing as
totality not in isolation .
Take away for participants : Participants would be able to un-
derstand the importance of working capital linkage in project
financing .
 Arrival at the appropriate level of working capital re-
quirement :
Objective : To understand the concept of arriving at the tech-
niques of working capital requirement for the entire project and
importance of it in the overall evaluation of the project
Take away for participants : Participants would be able to com-
prehend the entire process being followed in an organisation for
assessment of working capital requirement .Participants would
be also able to calculate the mechanism of calculating the same
in Ms Excel
 Determination of Project Cost :
Objective : To build up the correct concept of project cost . In
the market, there are lot of ambiguity about determination of
project cost. To make them understand clearly is the first step
for project financing. Under this topic , it would be cleared in
detail
Take away for participants : Participants would be able to build
up a complete understanding of project cost for different indus-
tries .
 Techniques adopted for over financing of projects :
Objective: To make the lenders aware about the market prac-
tices being followed for over financing projects and taking out
money from such projects.
Take away for participants : Identification of techniques and
checking at the time of assessment such malpractices.
Session Two :
 Means of finance
Objective : To understand the meaning of means of project
finance.
Take away for participants : Participants would be able to under
stand the concept and meaning of means of finance. This would
help them to correlate the means of finance with project evalua-
tion steps.
 Different sources of means of finance
Objective : To make the participants aware different sources
from which project financing need can be met .
Take away for participants : Participants would be able to know
the different sources of finance and this would help them to
raise fund at a better cost
 Concept of margin money
Objective : To understand the concepts of different types of
margin money and to break the wrong concepts prevalent in the
marked associated with margin money.
Take away for participants : Different forms of margin money
and use of appropriate margin money to reduce the cost of fund
for project. Application of subordinate debt in the margin
money .
 Tying up of working capital
Objectives : Creating awareness about the practical aspects of
tying up of working capital .
Take away for participants : Understanding the entire practical
issues associated with tying up of working capital with lenders
prevalent in India . This would reduce the time required for such
tying up
 Sources of Means of Finance
 Techniques of financing forecasting
Objectives : To make them aware the steps followed in financial
forecasting in Ms Excel.
Take away for participants : Participants would be able to pre-
pare the financial forecasting within shortest possible time by
way of creating efficient Excel spreadsheet.
 Techniques for preparation of Projected P&L, Cash
Flows and Balance Sheets
 Techniques of use of Industry data and Incorporating
the same in the P&L, Cash Flow and Balance Sheet.
 Incorporation of fiscal incentives /penalties in pro-
jected financial statement
 Preparation of Projected Cash Flows from financial
statements
 PROJECT AND INFRASTRUCTURE
FINANCE Day Two
Session Three :
One case study along with MS Excel exercise would be carried
out by the trainer. The participants would be provided hand
holding for preparation of financial forecasting of a project from
a case study by incorporating relatively moderate level of com-
plexity of a project.
Session Four :
 Concept of Net Present Value & IRR
Objective : To understand the NPV and IRR concepts clearly
from practical point of view and how it is applied in project
evaluation process.
Take away for participants : Use of NPV and IRR concepts in
project evaluation followed in practice .
 How to calculate Discounted Cash flow
Objective : To use the appropriate discount rate for preparation
of discounted cash flow.
Take away for participants : Preparation of discounted cash flow
for any time period and for any frequency.
 What is the appropriate discount rate ?
 Calculation of appropriate discount rate
Objective : How to calculate appropriate discount rate in prac-
tice .
Take away for participants : Calculation of appropriate discount
rate for projects to be carried out by large company , small and
medium company in Indian perspective.
 Concept of Cost of Capital
 Weighted Average Cost of Capital (WACC)
Objective : Calculation of cost of capital for diversified business
interest companies .
Take away for participants : Use of appropriate WACC for pro-
ject evaluation in a diversified business interest companies.
 Application of WACC in discount rate
Objective : Use of WACC to find out NPV and IRR of the pro-
ject .
Take away for participants : Establishing conceptual and practi-
cal linkage between WACC , discount rate and evaluation meth-
odology .
Session Five :
 Capturing uncertainty in project appraisal
 Sensitivity Analysis
 Simulation Analysis
 Normal Simulation
Executives of the following companies have attended this workshop
 Monte Carlo Simulation
 Calculation of multiple NPV’s
Objective : Making participant understand the importance of
capturing uncertainty in the project appraisal which are not be-
ing followed very diligently.
Take away for participants : Conceptual understanding of uncer-
tainty and methods of handling them in the real life.
 Methods of uncertainty capturing in project finance
Objective : Creating awareness of different accepted methods
to capture uncertainty associated with a project
Take away for participants : Application of methods of capturing
uncertainty in real life situation.
Session Six :
 Industry Analysis
Objective : Methods of carrying out industry analysis and its
application of project finance
Take away for participants : Techniques of real life industry
analysis being followed in project finance.
 Company Analysis
 Company’s Financial Risk
 Company’s Operational Risk
Objective : Importance of company analysis in the project fi-
nance evaluation process .
Take away for participants : Techniques being followed in real
life for company analysis .
 Project Risk
 Risk associated with quality and steady
availability of inputs
 Risk associated with the timely completion of
the project
Session Seven :
Writing a project appraisal note: The participants would be given
a case study of power project from where appropriate methodol-
ogy would be adopted for arriving at a proper project appraisal
notes.
Session Eight :
 Asset Liability Management and Project Finance of the
banking system
 Methods for managing asset liability management and
Project Finance for Project Finance
 RBI regulation on concept of securitization and take
out financing
 PROJECT AND INFRASTRUCTURE FINANCE
Registration Form
8th - 9th October 2010, Hyderabad
25th - 26th October 2010, Mumbai
19th - 20th November 2010, Bangalore
25th - 26th November 2010, New Delhi
3rd - 4th December 2010, Hyderabad
10th - 11th December 2010, Mumbai
I would like to attend :
8th - 9th October 2010, Hyderabad
25th - 26th October 2010, Mumbai
19th - 20th November 2010, Bangalore
25th - 26th November 2010, New Delhi
3rd - 4th December 2010, Hyderabad
10th - 11th December 2010, Mumbai
I am interested in :
Exhibiting products / services in the events
Being a Sponsor of this event
Details :
Title : ……… First Name : ……………………………………..
Last Name :……………………………………………………….
Position :…………………………………………………………..
Organization :…………………………………………………….
Address :…………………………………………………………..
…...…………………………………………………………………..
……………………………………………………………………….
Tel (O) :………………………. (M) ……………………………...
Email :………………………………………………………………
Delegate Category :
Industry
Academics (Professor & researchers, etc)
Research Student
Fees (Rs) :
Instrument Type : Cheque DD MO
Instrument Number :………………………………………….
Instrument Date :……………………………………………...
Payable at :…………………………………………………….
For registration and more information on the workshop or to find out about exhibition, sponsorship, please contact :
Padmakumar. Bala, Email : bpadmakumar@optiriskindia.com, Ph : +91 9094532918/+91 44 45018472
Three Easy Ways to Register :
1. Email at : contact@optiriskindia.com
2. Call us at : +91 9094532918
+91 44 45018472
3. Fill this and post it to :
Optirisk Learning Systems (P) Ltd.
L468, Ground Floor, 21st Cross Street,
Thiruvalluvar Nagar,
Thiruvanmiyur,
Chennai - 600 041
Registration Fees : (Service Tax Applicable)
Registration Charges
Both Days 14,500
One Day 9,000
* Registration closes 10 days prior the scheduled training date
Registration Details :
The registration fee for the event covers the following: Attend-
ance, copy of the documentation, lunches and light refresh-
ments. Accommodation is not included. Detailed delegate in-
formation will be sent to you approximately two weeks before
the event. Payment is required in advance of the event, or at
the latest, paid at the event. Payment may be made by par
cheque or demand draft drawn in favour of “OptiRisk Learn-
ing Systems (P) Ltd” payable at Chennai.
WHAT HAPPENS IF I HAVE TO CANCEL?
Confirm your CANCELLATION in writing up to 15 working
days before the event and receive a refund less a 10% service
charge. Regrettably, no refunds can be made for cancellations
received less than 15 working days prior to the event. Howev-
er, SUBSTITUTIONS are welcome at any time.
The organisers reserve the right to amend the programme if
necessary. INDEMNITY: Should for any reason outside the
control of OptiRisk Learning Systems (P) ltd (hereafter called
OptiRisk), the venue or the speakers change, or the event be
cancelled due to industrial action, adverse weather conditions,
or an act of terrorism, OptiRisk will endeavour to reschedule,
but the client hereby indemnifies and holds OptiRisk harmless
from and against any and all costs, damages and expenses,
including attorneys fees, which are incurred by the client. The
construction validity and performance of this Agreement shall
be governed by all aspects by the laws of India to the exclu-
sive jurisdiction of whose court the Parties hereby agree to
submit.