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RBI-Financing of Infrastructure - Definition of 'Infrastructure Lending'
June, 29th 2013

RBI/2012-13/561
DBOD.BP.BC.No. 106/ 08.12.014 / 2012-13

June 28, 2013

All Scheduled Commercial Banks
(excluding RRBs) and
All India Term-Lending and Refinancing Institutions
(EXIM Bank, NABARD, NHB and SIDBI)

Dear Sir,

Financing of Infrastructure - Definition of 'Infrastructure Lending'

Please refer to our circular DBOD.BP.BC.No.58/08.12.014/2012-13 dated November 20, 2012 on ‘Definition of Infrastructure Lending’, whereby our definition of Infrastructure Lending was harmonised with that of the ‘Master List of Infrastructure sub-sectors’ notified by the Government of India on March 27, 2012.

2. Government of India, vide its Gazette Notifications dated April 5, 2013 and May 9, 2013, has updated the Harmonised Master List of Infrastructure sub-sectors and added the following new sub-sectors to the Notification dated March 27, 2012:

  1. Capital Dredging, under the sub-sector ‘Ports’.

  2. Slurry Pipelines

  3. Telecommunication & Telecom Services

3. Accordingly, an updated list of sub-sectors for infrastructure lending by banks and select All India Term-Lending and Refinancing Institutions is given in the Annex.

Yours faithfully,

(Chandan Sinha)
Principal Chief General Manager


Annex

List of sub-sectors for ‘Infrastructure Lending’

A credit facility extended by lenders (i.e. banks and select All India Term-Lending and Refinancing Institutions) to a borrower for exposure in the following infrastructure sub-sectors will qualify as ‘infrastructure lending’:

Sl.No.

Category

Infrastructure sub-sectors

1.

Transport

i. Roads and bridges
ii. Ports1
iii. Inland Waterways
iv. Airport
v. Railway Track, tunnels, viaducts, bridges2
vi. Urban Public Transport (except rolling stock in case of urban road transport)

2.

Energy

i. Electricity Generation
ii. Electricity Transmission
iii. Electricity Distribution
iv. Oil  pipelines
v. Oil/Gas/Liquefied Natural Gas (LNG) storage facility3
vi. Gas pipelines4

3.

Water & Sanitation

i. Solid Waste Management
ii. Water supply  pipelines
iii. Water treatment plants
iv. Sewage collection, treatment and disposal system
v. Irrigation (dams, channels, embankments etc)
vi. Storm Water Drainage System
vii. Slurry Pipelines

4.

Communication

i. Telecommunication (Fixed  network)5
ii. Telecommunication towers
iii. Telecommunication & Telecom Services

5.

Social and Commercial Infrastructure

i. Education Institutions (capital stock)
ii. Hospitals (capital stock)6
iii. Three-star or higher category classified hotels located outside cities with population of more than 1 million
iv. Common infrastructure for industrial parks, SEZ, tourism facilities  and agriculture markets
v. Fertilizer (Capital investment)
vi. Post harvest storage infrastructure for agriculture and horticultural produce including  cold storage
vii. Terminal markets
viii. Soil-testing laboratories
xi. Cold Chain7

1. Includes Capital Dredging
2. Includes supporting terminal infrastructure such as loading/unloading terminals, stations and buildings
3. Includes strategic storage of crude oil
4. Includes city gas distribution network
5. Includes optic fibre/cable networks which provide broadband / internet
6. Includes Medical Colleges, Para Medical Training Institutes and Diagnostics Centres
7. Includes cold room facility for farm level pre-cooling, for preservation or storage of agriculture and allied produce, marine products and meat.

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