23/07 12 _MON 1! 91 22 22705670 RBI_DBOD-PC @oor since Ror aan RESERVE BANK OF INDIA www.rbiorg. DBOD.No.BP. 12.62 /21.04.048/2011-12 July 23, 2012 ‘The Chairman State Bank of India Corporate Centre, State Bank Bhavan Madame Cama Road, Nariman Point Mumbai - 400021 Dear Sir, Clarificati Restructuri visions. Lo: Please refer to your letter No.PFSBU/AKS/2011-12/77 dated April 12, 2012 on the captioned subject. 2. In this connection, we advise that in case infrastructure projects under implementation, where Appointed Date (as defined in the concession agreement) is. shifted due to the inability of the Concession Authority to comply with the requisite conditions, change in date of commencement of commercial operations (DCCO) need not be treated as ‘restructuring’, subject to following conditions: ’) The project is an infrastructure project under public private partnership model awarded by a publie authority; ii) The loan disbursement is yet to begin: ill) The revised date of commencement of commercial operations is documented by way of a supplementary agreement between the borrower and lender. 3. We also advise you that at the time of supplementary agreement, project viability should be reassessed and sanction from appropriate authority should be obtained, Yours faithfully, Nabe (B. Nethaji) Asst. General Manager Siar aT Se ae AT, ia eet, 12a AA, ee iat Fa A, ed — 400001 Deparment af Garking Operations sod Development, Cena Ofer, 12h Fler, Canal Ofice, Shani Bhegat Singh wag, muna 420005 ‘Sin /Tel No: 22661602 60/Fax No: 22705691 Emall ID: erriedbodco@rbi.orgin & ea wet sag