Project financing can be defined as the raising of funds on a limited recourse or non- recourse basis to finance an economically separable capital investment project in which the providers of the funds look primarily to the cash flow from the project. Project finance is growing in importance to finance projects from a variety of fields as energy, infrastructure, transport, mining, oil and gas etc.The course covers all the critical factors in contemporary project financing such as types of projects to be funded (i.e. bankable projects) and getting the optimum structure for different types of projects. Identification of risks associated with projects and application of varying mitigation techniques are also essential parts of the course.
It is expected the participants to gather detailed information about the following topics after the training program
- Concept of project finance and terminology
- Project finance in the world
- Stakeholders and structuring of a transaction
- Relationship between Project finance and PPP(PublicPrivate Partnership)
- Factors affecting project finance decision
- Risk analysis and mitigation methods
- Financial feasibility study for Project finance
- Project performance criteria for investors and Lenders
- Weighted average cost of capital (WACC)
- Concept and logic of ‘Bankability’
- Enhancing the bankability of projects
- Major risks associated with different project types
- Alternative funding sources and types of finance
- Negotiation process between investors and financial institutions