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

Faculty Profile :

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

Participant Mix :

Credit officers in banks

Project finance managers

Consultants,

Chartered accountants

Financial advisors

DATES & VENUE

8th - 9th October, 10

Hyderabad Hotel Quality Inn Residency

26th - 27th October, 10

Mumbai Hotel Lotus Suites

25th - 26th November, 10

New Delhi Hotel Radisson

1st - 2nd December, 10

Bangalore OptiRisk Learning Center

10th - 11th December, 10

Mumbai Hotel Lotus Suites

21st - 22nd December, 10

Hyderabad Hotel Taj Banjara

Successfully Organized In :

5th - 6th February - Mumbai

12th - 13th March - New Delhi

16th - 17th April, Bangalore

23rd - 24th April - Chennai

7th - 8th May - Mumbai

17th - 18th June-New Delhi

21st - 22nd June - Hyderabad

13th - 14th August - Mumbai

20th - 21st Sept- New Delhi

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

PROJECT AND INFRASTRUCTURE

FINANCE 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.

Day One

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 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

Day Two

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

Executives of the following companies have attended this workshop

PROJECT AND INFRASTRUCTURE FINANCE

Organised by OptiRisk India Learning Solutions in association with CARISMA, Brunel University

Registration Form

For registration and more information on the workshop or to find out about exhibition, sponsorship, please contact : Nitesh Naveen, Email : nitesh@optiriskindia.com, Ph : +91 80 42023051

8th - 9th October 2010, Hyderabad

26th - 27th October 2010, Mumbai

25th - 26th November 2010, New Delhi

1st - 2nd December 2010, Bangalore

10th - 11th December 2010, Mumbai 21st - 22nd December 2010, Hyderabad

I would like to attend : 8th - 9th October 2010, Hyderabad

26th - 27th October 2010, Mumbai

25th - 26th November 2010, New Delhi

1st - 2nd December 2010, Bangalore

10th - 11th December 2010, Mumbai

21st - 22nd December 2010, Hyderabad

Four Easy Ways to Register :

1. Email at : learn@optiriskindia.com

2. Call us at : +91 80 42023051

3. Register Online at :

http://www.optiriskindia.com/learningsolutions/register.php

4. Fill this and post it to :

Optirisk Learning Systems (P) Ltd. #501, Block 10, Zenith, Suncity, Sarjapur Outer Ring Road, Iblur Bangalore - 560102 Karnataka

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 :…………………………………………………….

Registration Fees : (Service Tax Applicable)

* 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 Learning Systems (P) Ltd” payable at Gurgaon.

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.

Registration Charges

Both Days 14,500

One Day 9,000