Applied

Project and
Infrastructure
Finance

Organised By - Marketing Partner -

The only executive workshop on project finance combining the strong theoretical
concept with the blend of practical issues

Number of Case Lets to be discussed: Number of Case Studies to be discussed:

6 case lets will be discussed during the delivery 2 national

of the session to reinforce the concepts 2 international
 Applied Project and
Key Take away
Infrastructure Finance At the end of the 2 day session the
participants will gain an understand-
6th - 7th May | New Delhi ing of the banking products availa-
ble in India in the area of project fi-
nance. This workshop is only of its
13th - 14th May | Mumbai
kind which bridges the gap between
lender and borrower as issues from
both sides are discussed.

Hands on exercise in MS Excel: The

+ programme is the only of its kind
where in built excel applications are
+
used in a scientifically designed MS
Excel sheets.

Program Objective
Project Finance involves the raising of funds to finance an economically separable 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 invested in the project.

This is a practical course that provides executives, whether as financiers, sponsors, or professional support, an
opportunity to understand the risk return character of limited recourse projects from multiple perspectives.
Case studies span a variety of sectors and geographical regions.

The programme not only deals with the issues at the present, it helps participants to build up the future models
of financing thus fostering the innovative concepts of the project financing.

Faculty Profile Key Benefits

A seasoned banker and academician would conduct the
workshop. He brings a rare combination of academician and
working professional. He is a visiting faculty to IIM Calcutta and
has conducted over 1000 training hours and training over 500
trainees in the same topic.
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

Who Should Attend? different viewpoints

Management and Finance Professionals from:  Recite numerous examples and apply
them to everyday
 Oil, Gas, Power and Renewable Sectors
 Know the basic term sheets, structures
 SEZs, Roads, Ports and Airport Sectors
and legal documentation
 Industrial and Manufacturing Sector

 Management and Business Consulting Firms

 Financial Institutions

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Applied Project and
Infrastructure Finance
Session One
Different types of financing available in the market :
 Objective: To make participants aware of the dif-
ferent financing products available in the market
 Takeaway for participant: Building up the com-
plete picture of different available financial prod-
ucts in the Indian Market
Difference between Term Loan and project financ-
ing :
 Objective: To make participants aware the real
meaning of project finance and its difference
from the traditional term loan financing.
 Take away for participants: Participants would be
able to find out different parameters to be
looked for term loan assessment and Project Fi-
nance assessment.
Difference between Working capital financing and
project financing :
 Objectives: To make participants aware of the
different assessment process of these two types of
financing.
 Take away: Understanding the linkage between
working capital financing and project financing.
Definition of Infrastructure financing :
 Objectives: Understanding the concepts of infra-
structure financing and its characteristics.
 Take away: Participants would be able build up a
complete understanding of the Infrastructure fi-
nance from different regulators perspectives and
importance of proper classification.
Methods of Infrastructure projects being awarded in
India :
 Objectives: Understanding the concept of differ-
ent methods of execution of infrastructure pro-
jects in India and rationality of a particular meth-
ods.
 Take away: Complete understanding at the fun-
damental level the concept of the different
methods of infrastructure finance in India and ra-
tionality of a particular method of executions .
Curriculum
Session Two
Determination of Project Cost:
 Objective: To build up the correct concept of
project cost. In the market, there are lot of ambi-
guity 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 industries .
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 understand 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 techniques 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 comprehend the entire process being
followed in an organisation for assessment of
working capital requirement .Participants would
be also able to calculate the mechanism of cal-
culating the same in Ms Excel
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 mean-
ing of means of finance. This would help them to
correlate the means of finance with project eval-
uation steps.
Different sources of means of finance :
 Objective : To make the participants aware differ-
ent sources from which project financing need
can be met .
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Applied Project and

Infrastructure Finance Curriculum

 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 con-
cepts 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.

Session Three  Take away for participants : Preparation of dis-

Techniques of financing forecasting :
 Objectives : To make them aware the steps fol-
lowed in financial forecasting in Ms Excel.
 Take away for participants : Participants would
be able to prepare the financial forecasting with-
in shortest possible time by way of creating effi-
cient Excel spreadsheet.
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 finan-
cial forecasting of a project from a case study by in-
corporating relatively moderate level of complexity
of a project.
Session Four
Project Evaluation techniques : Concept of Net Pre-
sent Value & IRR :
 Objective : To understand the NPV and IRR con-
cepts 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 prac-
tice .
How to calculate Discounted Cash flow :
 Objective : To use the appropriate discount rate
for preparation of discounted cash flow.
counted cash flow for any time period and for
any frequency.
Calculation of appropriate discount rate :
 Objective : How to calculate appropriate dis-
count rate in practice .
 Take away for participants : Calculation of ap-
propriate discount rate for projects to be carried
out by large company , small and medium com-
pany in Indian perspective.
Session Five
Weighted Average Cost of Capital (WACC) :
 Objective : Calculation of cost of capital for di-
versified business interest companies .
 Take away for participants : Use of appropriate
WACC for project evaluation in a diversified busi-
ness interest companies.
Application of WACC in discount rate :
 Objective : Use of WACC to find out NPV and IRR
of the project .
 Take away for participants : Establishing concep-
tual and practical linkage between WACC , dis-
count rate and evaluation methodology .
Capturing uncertainty in project appraisal :
 Objective : Making participant understand the
importance of capturing uncertainty in the pro-
ject appraisal which are not being followed very
diligently.

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Applied Project and

Infrastructure Finance Curriculum

 Take away for participants : Conceptual understanding of uncertainty 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 : Session Eight

Sector specific discussions of Infrastructure :
Power Sector :
 Objectives : To understand the main regulations
of the power sector and risks associated with the
power sector financing
 Take away : Broad understanding of the power
sector in India and their methods of financing
Port Sector :
 Objectives : To understand the important regula-
tory aspects of the port ( both airport and sea
port ) .
 Take away : Building up the concept of the inno-
vative methods of financing of port
Urban Infrastructure :

Session Seven  Objectives : Generating awareness about major

issues related to urban infrastructure projects
Road Sector :
 Take away : Different methods of financing for
 Objectives : To understand the newer methods of
the urban infrastructure projects
financing of the road sectors
Case let : Mumbai Metro Railway project one and
 Take away : Broad understanding of the risks and
Delhi International Airport Project cases and learning
methodology involved in the road sector financ-
from them
ing

A detail case analysis of a road project in India and

comparison of the same with the project in Mexico so
that the participants can find out the innovation re-
quired for the financing of the road project in India.
During this case studies , we shall discuss in detail
about the different provisions of the Concession
Agreement and proper methodology adopted for
risk mitigation .

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