Annexure XIV Continued… - Edelweiss

Sr.
No.
Name of Lender
Facility
(in million)
Total amount
outstanding
(including
accrued interest)
as on March 31,
2011
(in million)
Rate of Interest
as on March
31, 2011
(per annum)
Repayment
Schedule
Security Created
Sindhu, and Ms. Sushil
Mrig, valid for a period of
180 days from the
commercial operation
date;
4. First charge on all of the
project assets (including
bank accounts and
receivables); and
5. First charge on all
interests, rights, title of the
Company in the project
documents, regulatory
clearances, performance
guarantees or liquidated
damages in relation to the
project, the operating cash
flows of the Company,
bank accounts of the
Company.
5. YES Bank Limited ` 500.00 ` 505.44 YES Bank
Limited PLR –
5.70% i.e.
12.80%
In 16 equal
quarterly
instalments after
one year
moratorium with
effect from two
months from the
date of first
drawdown.
1. Exclusive charge on all
movable and immovable
fixed assets of our coal
washery at Himgir (both
present and future);
2. First charge over cash
flows of the project being
routed through the current
account maintained with
YES Bank Limited; and
3. Personal guarantees of our
Directors, Mr. Rudra Sen
Sindhu, Mr. Ganesh
Chandra Mrig and Mr.
Kuldeep Singh Solanki.
6. ICICI Bank Limited ` 1,750.00 ` 1,750.00 Base rate +
3.40% (i.e.
12.15% as on
March 31, 2011)
In 20 equal
quarterly
instalments after
two year
moratorium with
effect from
February, 2013.
1. Exclusive charge by way
of equitable mortgage over
the land of (i) the 15 MW
windmill power plant
located at Sangli,
Maharashtra; and (ii) coal
washery plants located at
Binjhri, Chakabura and
Gevra;
2. Pari passu charge by way
of equitable mortgage over
the land of 30 MW thermal
power plant located at
Chakabura; and
3. Pari passu charge by way
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