Sagarmala Development Company Limited (SDCL)

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How does SDCL evaluate projects for purpose of equity investments? What project documents are required for purpose of evaluation of projects by SDCL?

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SDCL evaluates projects on the basis of the Detailed Project Report submitted by the project proponent and along the guidelines for funding under the Sagarmala Programme.

The Format for the Detailed Project Report can be found in the Annexure I of the Sagarmala Funding Guidelines:

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When was the Sagarmala Development Company incorporated?

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The Sagarmala Development Company Limited (SDCL) has been incorporated on 31st August 2016 under the Companies Act, 2013, after obtaining approval of the Union Cabinet on 20th July 2016. SDCL was set up under the administrative control of Ministry of Shipping with an initial Authorized Share Capital of Rs. 1,000 Crore and a Subscribed Share Capital of Rs. 250 Crore.

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