AKTU Project Financing (MNPM601) Syllabus PDF – B.Tech Minor Degree in Project Management

Course Objectives

1. Students will be able to understand the basics of project financing& key elements that support a project financing of project financing.
2. Students will be ableto study the necessary elements critical to project financing.
3. At the end of the course, students should be able to identify projects that meet the essential criteria for a project financing and know how to create the structure for a basic project financing.
4. Students will be able to understand how to create a financing structure that will provide the best chance of successful project financing.

UNIT 1:Introduction to Project Finance: The Project Finance Markets - Role of Advisors in

Project Finance - Project Development and Management - Valuing the Project and Project Cash Flow Analysis – Project Feasibility Studies.(8 Hrs.)

UNIT 2: Financing of Projects: Sources of funds, Capital structure, internal accruals, Banks,

insurance companies/pension funds, public markets, equity funds, leasing, sponsors, financial equity, strategic equity, miscellaneous sources .Project finance from international market, financial closure.(8 Hrs.)

UNIT 3:ASSESSING RISKS IN PROJECT FINANCE: Project Finance and Commercial Risks,

Credit risk rating, Project Finance and Macroeconomic Risks - Regulatory and Political Risks - Risk Mitigation Methodologies for Projects (8 Hrs.)

UNIT 4:Legal Aspects in Project Finance - Project Finance Loan Documentation, Sub-Contracts

and Other Related Agreements, Credit Agreements: pricing, terms, conditions, covenants, representations and warranties, events of default. Taxation and Incentives (8 Hrs.)

UNIT 5: Venture Capital and Private Equity: Venture Capital Investment, Appraisal process

and management, private equity, Introduction to PPP model, Management of Private Equity and Venture Capital Funds. Case study/Project modelling to identify, test and measure risks in project financing.(8 Hrs.)

Reference Books

• Project Management: The Managerial Process: Gray, C.F., Larson, E.W. and Desai, G.V.; MGH,2009
• Principles of Project Finance, E.R. Yescombe, Publisher: Academic Press, London, England ,2014
• Venture Capital, Private Equity and the Financing of Entrepreneurship, Lerner, Leamon, Hardymon, Wiley 2012
• Project Management, Prasanna Chandra, TMH, 2007.
• Projects-Planning Analysis, Selection, Financing, Implementation and Review, Prasanna Chandra, 6th edition, 2006.
• Project Management for Engineering, Business and Technology: Nicholas, J.M., and Steyn, H.; PHI,2011