Notification No. FEMA 281/2013-RB dated 19th July, 2013 notified vide G.S.R. No. 627(E) dated 12th September, 2013
External Commercial Borrowings (ECB) Policy–Liberalisation of definition of Infrastructure Sector
This circular has expanded the definition of infrastructure sectors and sub-sectors for the purpose of ECB. The expanded definition is as under:
(a) Energy which will include (i) electricity generation, (ii) electricity transmission, (iii) electricity distribution, (iv) oil pipelines, (v) oil/gas/liquefied natural gas (LNG) storage facility (includes strategic storage of crude oil) and (vi) gas pipelines (includes city gas distribution network);
(b) Communication which will include (i) mobile telephony services/companies providing cellular services, (ii) fixed network telecommunication (includes optic fibre/cable networks which provide broadband/ Internet) and (iii) telecommunication towers;
(c) Transport which will include (i) railways (railway track, tunnels, viaducts, bridges and includes supporting terminal infrastructure such as loading/ unloading terminals, stations and buildings), (ii) roads and bridges, (iii) ports, (iv) inland waterways, (v) airport and (vi) urban public transport (except rolling stock in case of urban road transport);
(d) Water and sanitation which will include (i) water supply pipelines, (ii) solid waste management, (iii) water treatment plants, (iv) sewage projects (sewage collection, treatment and disposal system), (v) irrigation (dams, channels, embankments, etc.) and (vi) storm water drainage system;
(e) (i) mining, (ii) exploration and (iii) refining;
(f) Social and commercial infrastructure which will include (i) hospitals (capital stock and includes medical colleges and paramedical training institutes), (ii) Hotel sector which will include hotels with fixed capital investment of Rs. 200 crore and above, convention centres with fixed capital investment of Rs. 300 crore and above and three-star or higher category classified hotels located outside cities with population of more than 1 million (fixed capital investment is excluding of land value), (iii) common infrastructure for industrial parks, SEZ, tourism facilities, (iv) fertiliser (capital investment), (v) post-harvest storage infrastructure for agriculture and horticulture produce including cold storage, (vi) soil-testing laboratories and (vii) cold chain (includes cold room facility for farm level pre-cooling, for preservation or storage of agriculture and allied produce, marine products and meat.
