Sub-Committee for Curriculum Development

Banking & Finance Specialization

Course Code: T2063

Course Name: Project Feasibility and Financing

(UG/PG): PG

Number of Credits: 2

Level: 4

Learning Objective(s)
Students will be able to:
1. Bring forth fundamental clarity on the process of infrastructure appraisal
2. Anticipate and identify the necessary data and assumptions
3. Identify project flows
4. Appraise the financial viability from the perspective of developers, investors, lenders and
Govt. sector
5. Identify and analyse the risks and quantify the same so as to gauge the appropriateness of
the returns
6. Discuss issues of taxation, company laws relevant to appraisal
7. Evaluate the suitability of various categories, types and sources of financing the project.

Pedagogy:
1. Lectures
2. Case Studies
3. Discussions on current developments

Pre-learning:
1. Financial Management I
2. Public Private Partnerships

Course Outline
Infrastructure services serve the society in the larger interest. Still the projects need to be
generating sufficient returns on the capital invested. This course deals with fundamentals of
investment evaluations under various parameters relevant for investors, Lenders and Govt. sector.
There is always a need for creating services at the most economic rates. Global completion, costs
are major concerns. Financing, choosing appropriate sources are significant for developer so as to
be financially attractive. Various innovations in financing need to be explore. This course serves as a
foundation for students wanting to specialize in Project Financing, one of the specializations offered
in Sem-III.
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Books Recommended:
S. No. Topic Hours
1 Project Formulation process, Preliminary screening 3
2 Project Appraisal process 2
3 Identifying the demand for services and projections 2
4 Technical appraisal and cost calculations 2
5 Financial projections 2
6 Identifying project Cash flows from different perspectives 2
7 Applying appraisal criteria 2
8 Assessment of Risk 2
9 Fundamentals of various categories of sources of finance 2
10 Choosing Finance 2
11 Raising finance from Commercial Banks Process and issues 2
12 Issues of Taxation 2
13 Assignments 5
Total Hours 30
1. “Projects – Appraisal, financing and implementation’ by Dr Prasanna Chandra, Tata
McGraw Publishing
References:
1. Research articles by Benjamin Esty
2. ‘Modern cases in Project Finance’ by Benjamin Esty
3. Mid Term Review of 11th Plan, Infrastructure Development in 12th Plan-Approach papers.
4. Periodicals such as ‘India Infrastructure’ ‘Infrastructure Today’, ‘Powerline’
5. ‘India Infrastructure Reports’ 2002 to 2009 published by 3iNetwork Publications
6. Reports / Study papers on websites of Ministry of Finance, Roads, Power, Urban
Development, Water sources, Shipping, Petroleum and Natural Gas, Railways, Civil Aviation,
Commerce & Industry, New & Renewable energy, Mines and Secretariat of Infrastructure ,
Planning commission

Suggested Evaluation Methods:

Students will be evaluated through a mix of presentations, individual and group assignments,
involvement in class activities and examination.
Quiz (1) 15 marks
Assignments (3) 45 marks
Final Exam 40 marks

Parallel/Similar courses in the existing curriculum:

S.No. Name of the course Institute where it was offered
1 Project Finance
2 Advanced Project Feasibility SCMHRD
and Financial Engineering
3 Advanced Project Finance SCMHRD
Structuring

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