ECB Entitlement for New Project 5
All infrastructure and greenfield projects are permitted to avail of E~B to the extent of SO per cent of the total project cost, as appraised by a recognised financial institution bank subject to the fulfillment of other ECB guidelines. Greater flexibility beyond 50 per cent may also be allowed it case of power projects and other infrastructure projects, based on their merits. lqo per cent EOU can have foreign currency exposure upto 60 per cent of the project cost. The sectors that qualify a infrastructure sector under ECB guidelines art! power: telecommunications; railways; roads, inclu ing bridges- pons; industrial parks and urban infrastructure’ like .water supply, sanitation an sewage projects.