Hindustan Steelwork Construction Limited (HSCL) was established in 1964 as a construction organization under the ministry of steel, government of India. it diversified into a versatile infrastructure portfolio all over the country .HSCL becomes the major player in implementation of integrated steel plants.it has been pioneer of infrastructure project in north eastern regions including projects under Bharat Nirman Programme of government of India. Now it is also an IOS 9001:2008 certified company.
BASIC INFORMATION ABOUT THE HSCL
FACT SHEET
NAME OF THE COMPANY HINDUSTAN STEELWORK CONSTRUCTION LIMITED (HSCL)
YEAR OF ESTABLISHMENT: 1964
FOUNDER OF HSCL MINISTRY OF STEEL, GOVERNMENT OF INDIA.
LEGAL STATUS OF FIRM …show more content…
SECY , Ministry of Steel, Official Part-Time Director
Shri R.K.MITRA DIRECTOR (Finance)
Shri A.K.PANDEY Official Director (Independent Director)
HSCL is one of the three PSUs identified by the Ministry of External Affairs to carry out the construction and repair of 50,000 low-cost houses in Sri Lanka as a part of the commitment of Govt. of India for resettlement of Internally Displaced Persons (lDPs) and the Plantation Community of Sri Lanka, a country recovering from a long and devastating war spanning decades. Recently signed MOU with the Togolese Republic for implementation of Housing projects bears the testament of faith imposed on HSCL by the countries overseas also.
AN OVERVIEW OF HSCL PERFORMANCE
HSCL is the one of the most reputed company with complete it project and service on time. It is matter of immense pride and privilege to share the extraordinary journey of HSCL through the past three years, particularly the last year 2014-15; the year that was witness to the company's unwavering commitment to excellence resulting in one of the most impressive annual returns in HSCL's history with considerable improvement across all the performance …show more content…
Traditionally, project financing has been most commonly used in the extractive (mining), transportation, telecommunications industries as well as sports and entertainment venues. The Project financing is a method for obtaining commercial debt financing for the construction of facility. Project financing has become one of the core activities of banks in the recent years.
With the growth in the economy and the revival in the industrial sector coupled with the increasing role of private players in the field of infrastructure.
THE KEY CHARACTERISTICS OF PROJECT FINANCING ARE
Risk identification and allocation is a key component of project finance. A project may be subject to a number of technical, environmental, economic and political risks, particularly in developing countries and emerging markets.
1. Financing of long term infrastructure and/or industrial projects using debt and equity.
2. Debt is typically repaid using cash flows generated from the operations of the project.
3. Debt is typically secured by project’s assets, including revenue producing contracts and assets are not easily