19. Amit Solvex
Project Type: Edible oil unit
Location: Kaimur
Project Cost: ` 1051.71Lacs
Grant Sanctioned: ` 296.2Lacs
Bank Loan: `250.00 lacs
(Allahabad Bank)
Investment till date: ` 778.94Lacs
Site Inspection done on 20/08/2011
Status report submitted on 23/09/2011
Now, the complete inspection report is submitted
Recommended for 1st & 2nd Installments– ` 88.86Lacs with condition to
approval from all the members of Site Inspection team.
20. Kritika Rice Mill Pvt. Ltd.
Project Type: Rice Mill
Location: Basudeopur Chowk,
Samastipur
Project Cost: ` 733.66Lacs
Grant Sanctioned: ` 197.55Lacs
Bank Loan: ` 385lacs(Allahabad
Bank ,Samastipur)
Investment till date: ` 470.75
Recommended for 1st & 2nd Installments– ` 59.25Lacs subject to
increase in Required paid up capital.
21. Projects – 2nd installment of Grant Release
Protech Feed Pvt.Ltd
Siddhi Refoils & Industries Pvt.Ltd.
23. Siddhi Refoils & Industries Pvt .Ltd.
Project Type: Edible Oil Unit
Location: Lalganj,Vaishali
Project Cost: ` 7071.95 Lacs
Grant Sanctioned: ` 500.00Lacs
Bank Loan: ` 3100Lacs
(SBI , Kolkata)
Investment till date: ` 2056.00Lacs
Recommended for 2nd Installments ` 100.00 Lacs with a condition
that the company increases its paid up capital to `3.5cr which is 10% of
the total project equity (Requirement for release of 1st installment ).
If this doesn’t happens within 6month of the release of the 1st
installment then the company to return back ` 50lacs.
30. Projects with deviations
PROJECTS CHANGES
Siddhasaram Rice Mill clusters Layout & Plant and Machinery
Jhunjhunwala oil Mills Limited Plant & Machinery
Lumbini Beverages Pvt.Ltd New Unit to Expansion
Maa Saraswati Rice Mills Pvt. Ltd Layout, Plant & Machinery, Civil and
project Cost.
31. SIDDHASARAM RICE MILL CLUSTER: PROJECT COST
Covered
under
As per covered covered Captive
approved under 35% under 40% power
DPR grant grant subsidy
Particulars Rs. in lacs
Land* 170.3 38.74 147.83 24.49
Buildings* 1653.22 345.99 1123.24 771.17
Equipments and other Utilities* 1465.13 525.33 281.03 1310.83
Preliminary & pre operative expenses 202.72 202.72
Contingencies 155.92 155.92
Margin money for WC 124.91 124.91
1393.61 1552.11 2106.50
Total 3772.2 5052.21
Amount for capital grant calculation* 3288.65 910.06 1552.11 2106.50
Eligible Subsidy 40% 35% 40% 50%
Grant calculated (Rs. in lacs) 945.64 318.52 620.84 1053.25
Revised Total grant (Rs. in lacs) 939.36
32. SIDDHASARAM RICE MILL CLUSTER :MEANS OF FINANCE
Particulars As approved in DPR Present Structure Change
Equity 854.37 1493.60 +639.23
Grant-GoB 945.63 939.36 -6.27
GrantGoB-Power 462.28 1053.25 +590.97
Debt 1509.91 1566.00 +56.09
Total 3772.19 5052.21 1280.02
33. MAA SARASWATI RICE MILLS PVT.LTD
Particulars As per approved Proposed Change
DPR (`in lacs) (`in lacs)
Land 32.8 10.1
Building 44.00 70.25
Equipments & other utilities
1.Rice Mill 40.43 40.43
2.MCC Panel 3.00 2.94
3.Electrical fittings & 0 5.31
accessories
4.Compressor 0 5.89
5.Colour sorter 0 22.44
6.DG.Set 250 Kva 0 13.05
Total 120.23 170.41
34. Recommendation:
The capital investment has increased from `120.23 lacs to `170.41 lacs
As compared to the PAMC approved project there is an increase in GoB
grant from `41.00 lacs to `55.07 lacs.
Hence, increased grant amount will be released only after the
Changed component are observed & duly verified in joint site inspection
For the time being grant will released as per DPR approved earlier by PAMC.
35. 1. No-Lien account and term loan account should be in the
same bank.
2. Bank as Designated Vendor: Promoters should have the
option of utilizing the grant amount directly to dilute the debt
availed from the banks.
3.Fund Flow to Promoter’s Account: e.g.-BIL, & Anmol Feeds
4.Grant release on hold -4 projects
36.
37. Projects – Grant Release on hold
Green Earth Fertilizer Pvt. Ltd
B.K Industries Ltd
Manju Makhana Enterprises Pvt. Ltd
38. Green Earth Fertilizer Pvt. Ltd.
Project Type: Rice Mill
Location: Sitamarhi, Industrial Area
Project Cost: ` 240.35Lacs
Grant Sanctioned: ` 55.04Lacs
Status: 1)No progress at the site
2)Inadequate Paid Up Capital
Status Report submitted
39. B.K Industries Ltd.
Project Type: RABC
Location: Ilmashnagar, Samastipur
Project Cost: ` 2363.47Lacs
Grant Sanctioned: ` 500.00Lacs
Status: 1)Documents pending from
promoter
2)Inadequate Paid Up Capital
Status Report submitted
40. Manju Makhana Enterprise Pvt. Ltd.
Project Type: Makhana Processing
Unit
Location: Madhubani
Project Cost: ` Lacs
Grant Sanctioned: ` Lacs
Status: 1)No progress at the site
2)Inadequate Paid Up Capital
Status Report submitted