Project ID: 42620

CDB provides SDP Service $72.5m for project financing

Pledged amount

$ 81782650.03376304

Adjusted pledged amount

$ 81782650.03376304

Constant 2021 USD

Not recommended for aggregates

This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

India

Sector

Business and other services (Code: 250)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

No

Category

Intent

Commercial (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Pledge (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2013-05-21

Description

On May 21, 2013, a total of $1.4 billion USD worth of agreements were signed between 19 Indian and Chinese enterprises during Chinese premier Li Keqiang's visit to Mumbai. During the visit, China Development Bank Corporation proposed a term sheet for a $72.5 million USD financing agreement to SDP Service for project financing. Exact loan details are unknown.

Number of official sources

0

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

SDP Services LTD. [Private Sector]

Loan Details

Bilateral loan