Circulars

Long Term Financing Facility (LTFF) for Plant & Machinery – eligibility thereof

June 24, 2008
8942

The Presidents / CEOs,

All Banks/DFIs

Dear Sirs / Madam,

Long Term Financing Facility (LTFF)

for Plant & Machinery – eligibility thereof

Please refer to LTFF Scheme which was circulated vide MFD Circular No. 07 dated December 31, 2007

  1. It is advised that effective July 1, 2008 financing for import of generators / captive power plants, to be used in the eligible sectors / sub-sectors as per list given in Schedule 1 of LTFF Scheme, shall also be admissible under the Scheme.
  2. All other instructions issued on the subject shall remain unchanged.

Yours sincerely,

Ishtiaq Ali
Director