Transcript 1-012 - Template - Road - Madhya Pradesh Road Development

PPP in Madhya Pradesh
Success Story of Roads
Vivek Aggarwal
MD MPRDC
Connecting People Through Quality Infrastructure
Road Network of Madhya Pradesh
Category
Total Length
( in Km)
PWD
MPRDC
MPRRDA
National
Highways
4709
-
1442.81
-
State
Highways
10966
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10966
-
Major District
Roads
19574
17317
2257
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Village Roads
91789
24089
-
67700
(PMGSY)
Total
127038
41671.50
41406
14400.31
14665.81
67700.00
Madhya Pradesh Road Development Corporation
Incorporated as wholly owned State Govt. Company under
Companies Act 1956, in July 2004.
‘Highway Authority’ for State Highway.
 Upgrades, Constructs and Strengthens the total length of
State
Highways.
 Develops projects in the State on Public Private Partnership
basis.
 The Hon’ble Chief Minister of Madhya Pradesh is the
chairman, Hon’ble Minister of Public Works Department & the
Chief Secretary are the Vice Chairmen, the Principal
Secretaries of the PWD dept., Finance dept., Forest Dept.,
Urban Administration & development and Mining Dept. are the
members of the Board.
 MD, MPRDC is also one of the director.
Our Projects
Invite private investment by providing grant / premium
to / by the concessionaire on competitive bidding
Our Projects
Category/Model
Cost (Crores)
Ongoing
BOT (Toll)
16053
BOT (Toll + Annuity)
3260
BOT (Annuity)
4578
ADB
4159
Regular Contract
1689
ROB/RUB
1645
Border Checkpost
1094
OMT
45
Building Works
165
Projects in Pipeline
ADB Loan IV
3000
4 Lanning Of 3 State Highways
on BOT (Toll)
4500
Grand Total
40188
Our Projects: Cost Share in Crores of Rupees
BOT(Annuity),
4578
ADB, 7159
Others, 2949
RC, 1689
BOT(Toll And
Annuity), 3620
BOT(Toll), 20553
• Pioneer in the field of road sector development
through Public Private Partnership in the country.
• Adopted DBFOT Model of Tendering based on
Model
Concession Agreement of Planning
Commission GOI.
• First agency in the country to get VGF from GOI.
• Under VGF scheme of GOI
– 40 % of project cost is sanctioned to make
projects viable.
– 20% is given by GOI.
– 20% is given by the State Government.
• In several Projects MPRDC receives Premium.
• VGF/Premium is the bidding Criteria.
• Distance based user fee (Toll).
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Feasibility study by Feasibility consultant.
Financial analysis in-house in MPRDC on the basis of traffic
survey & cost estimates .
State Level Empowered Committee under the chairmanship of
Chief Secretary GOMP approves the proposals of BOT projects.
State government accords the administrative approval.
Empowered Institution, DEA, GOI sanctions VGF.
Two-Stage bidding (RFQ & RFP).
Financial closure within 180 days of agreement date.
Penalty for delays.
Monitoring by Independent engineer.
Land acquisition by MPRDC.
Utility Shifting by the concessionaire.
Expenditure on LA & Utility Shifting is borne by the state
government.
Fee of Independent engineer is shared
by MPRDC & Concessionaire.
Innovative Financial Models
1.
BOT (Toll + Annuity) Model
2.
BOT (Annuity) Model
3.
Deemed Shadow Fee Model
4.
OMT Model
• Hybrid Model of BOT (Toll) & BOT(Annuity).
• Formulated to increase Viability of the projects which are not
viable on pure toll.
• Toll as a sweetener.
• Concession Period is kept 15 years including of 2 years of
construction.
• Six Monthly Annuity is quoted by the bidders.
• Annuity is the bidding criteria.
• Annuity is the deferred payment over a period of 13
years as per payment schedule defined in Concession
Agreement.
• Incentive for early completion as a bonus along with
first annuity.
• Penalty for delay as a reduction of annuity.
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Formulated to implement the projects which are not viable
on pure toll or Toll+ Annuity Models.
Concession Period is kept 15 years including of 2 years of
construction.
Six Monthly Annuity is quoted by the bidders.
Annuity is the bidding criteria.
Annuity is the deferred payment over a period of 13 years
as per payment schedule defined in Concession
Agreement.
Incentive for early completion as a bonus along with first
annuity & Penalty for delay as a reduction of annuity.
The concept of VFM was considered during
conceptualization of Annuity projects.
During VFM analysis of MDRs, 22% Annuity for BOT (Annuity)
Projects was envisaged.
However, after bidding, the projects have been awarded
on Annuity of 18.30% under BOT(Annuity) projects & 12.88%
as on average under BOT (Toll+Annuity) projects.
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It’s a PPP model.
• Acts as sweetener to increase the viability of
project which are not viable with maximum
permissible VGF of 40%.
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It is given in addition to maximum VGF of 40%
with maximum limit of 10%.
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Deemed shadow Toll is given in lieu of
exempted vehicles like Govt. vehicles, Military
vehicles, vehicles of MLA etc.
• This will be contributed by State Government.
• Proposal of deemed shadow fee model is
pending with DEA GOI.
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MPRDC has envisaged to take up roads on OMT (Operate
Maintain & Transfer) mode under Public Private partnership.
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Above roads are developed by MPRDC through ADB
funding/Budgetary Support of the State Government.
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14 such roads are identified by MPRDC amongst which 3
roads are awarded on Premium & 1 is under tender stage.
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Concession Period – Project specific, normally 9-12 years
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Concessionaire to undertake management, operation &
maintenance of Highways
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Augmentation of facility to be done
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Construction, monitoring and inspection by
Independent Engineer.
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Concessionaire to pay Concession Fee to the
Authority.
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Concession Fee is the bidding parameter.
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This fee to increase by 10% per year as compared
to the immediately proceeding year.
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Concessionaire can seek O&M support also.
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User Fee - pre-decided, increase on the basis of WPI
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Exemption for non commercial traffic
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Only Commercial vehicles to pay Fee
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Escrow mechanism for fund flow.
Innovative Projects
Projects
Cost (Crores)
24 Border Checkposts
1094
35 ROBs / RUBs
1645
Innovative Projects (Border Checkposts)
• There are 24 Border Checkposts.
• Purpose of the project :• To increase the revenue of State Government.
• To control overloading & damage to state roads.
• To reduce leakage & corruption.
•To provide full transparency.
• It is a PPP Project.
•Project cost is Rs. 1150 crores including Rs. 56 crores for
LA & Utility Shifting .
• Rs. 1094 crores to be borne by the concessionaire and
Rs. 56 crores by State Government.
•Checkposts will serve as facilitation centre also.
Innovative Projects (Border Checkposts)
• The project cost will be borne by
concessionaire charging service fee per
vehicle for construction, maintenance and
operation.
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Project is fully computerized integrated system
with online central control system at Gwalior &
Indore.
• Concession period 4566 days including
construction period of 730 days.
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It is an integrated project for Transport,
Commercial tax, Forest, Mandi & Mining
department.
CENTRAL
ALL TRANSACTIONS,
CONTROL FACILITYVEHICLE PICTURES
SURVEILLANCE CAMERA
DIMENSIONS MEASUREMENT EQUIPEMENTS
License Plate
Reader Camera
Barrier &
Traffic Lights
Control
RFID
Reader
Lane
Traffic
Controller
Lane Computer
WEIGHING
CONTROLLER
Automatic Vehicle
Classification System
WEIGHBRIDGE
Innovative Projects (ROBs/RUBs)
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35 ROB’s & RUB’s on existing LC’s of Railway as per Railway Pink
Book:
Railway Share
State Cost
Total cost
Rs. 439.20 crores (45% of TPC)
Rs. 537.60 crores (55% of TPC)
Rs. 976.80 crores
Feasibility Consultant appointed in March 2012.
Project of ROB’s is divided in two groups having 17 ROB’s in
one group & 18 ROB’s in second group.
To improve financial viability of ROB project following rates
have been adopted
Type of vehicle
Car
LCV,
Minibus
Bus
Trucks
3 Axles & Multiaxles
Rates (in Rs.)
7
17.50
35
42
84
Innovative Projects (ROBs/RUBs)
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GAD’s, Cost Estimates of Group-I(17 ROB’s) have been
prepared & cost is Rs.763.81 crores .In Group-I all GAD of
ROB & LHS have been approved by Railway.
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Railway is preparing their estimate for Railway portion and
finalizing Railway share.
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Group-I of 17 ROB has been structured with 40% VGF of
Department of Economic Affairs.
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Project will be implemented through PPP with 40 % VGF
share and Investment of Concessionaire.
Monitoring during Construction
• Monitoring of Project by Independent Engineer.
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Appointed through open bidding as per Concession
Agreement.
• Regular monitoring by MPRDC officers.
• Change of Scope & Extension of Time (EOT)
• There is a Advisory Committee comprising of Technical
Advisor, Chief Engineer (BOT), DGM (Technical), DGM
(BOT), Concessionaire, Independent Engineer &
Divisional Manager.
• Advisory Committee examines the proposals of
the Concessionaires & make the recommendations.
• MD decides with the approval of BOD.
Ensuring Quality
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3-tier system of checking
• PMC of Concessionaire
• Independent Quality Control Engineer
• Officers of MPRDC
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Quarry approval after thorough testing.
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Field & lab testing is mandatory as per the norms of MORTH.
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Use of Graders for maintaining the camber at sub grade/GSB
level.
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Crushed GSB
• Layer -1 (drainage) Coarse graded Grade-I.
• Layer -2 Close graded Grade-II.
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WMM in place of WBM with pavers.
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Use of Sensor Paver in place of mechanical paver for BT works.
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Use of RMC plant in place of normal concrete mixers.
Our Strengths
• Concessionaire’s faith in MPRDC due to transparency in
bidding process.
• Lender’s faith in MPRDC ensuring Financial Closure of BOT
Projects.
• Most of the projects of MPRDC have achieved Financial
Closure in spite of nationwide scenario of Infrastructure
sector wherein Financial Closures have become difficult.
• MPRDC facilitates Concessionaires to achieve
FinancialClosure.
• Deployment of Supervision and Quality Control
Consultants with international expertise.
• Deployment of capable construction agencies with
introduction of advance machineries and
equipments.
Our Strengths
• Adequate Budget provision for Annuity &VGF
payments by the State Government.
• Annuity payment along with bonus on due date.
• Outsourcing of Expertise.
• Consultants are appointed for Feasibility Report/DPR
and Supervision of Construction.
• Experts like Legal Advisor, Chartered Accountant,
Company Secretary, Environment expert, MIS expert,
Road Data System Engineer are engaged in house.
• In-house financial analysis.
• Planning is done well in advance at the head office
level.
• Fast decision making.
Our Strengths
• Political commitment & support.
• Concessionaires are treated as partner.
• Bills are cleared in 2 to 4 working days.
• All Stake holders are facilitated.
• Land Acquisition and Environmental Clearances are
planned and executed well in advance.
• Chief General Manager at Head Office & Divisional
Manager coordinate with District Administration.
• NOC of State Forest Department, permissions for utility
shifting, tree cutting permission etc are procured
before Appointed date.
Accident Response System
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Implementation of ARS system on PPP mode is probably a
first in the world.
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State wide implementation of ARS will be first in country.
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ARS to address safety requirements in the larger
perspective.
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Technical Assistance through ADB for capacity building in
road safety.
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Accident Response System & Traffic Management Centre
in Madhya Pradesh including operation & maintenance for
5 years with estimated cost of Rs.12.50 crores has been
proposed.
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A Road Safety Cell is created in MPRDC.
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MPRDC has engaged an agency for ARS on Annuity basis.
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ARS includes centralized call centre, GIS based automatic
vehicle tracking system (AVTS), Computer aided
dispatch system, Traffic Management Centre.
State Highway Fund
GoMP has enacted the Madhya Pradesh Rajmarg Nidhi Adhiniyam
2012 to provide for the establishment of a Fund for investments in the
highways & infrastructure projects of the State.
Corpus of the Fund is 125 Crores (approx).
Executive Committee under the Chairmanship of Chief Secretary to
administer the fund.
Sources of Fund
Application of Fund
All payments of Premium
For Maintenance and Repair of
Highways
Proceeds towards encashment of
Performance Security or Bid
Security
For Meeting any Development
Cost of Highway or Infrastructure
Project
All returns on investments
made out of the Fund
For Project Preparation, Pre
Tender Activities, Cost towards
Utility Shifting, Land Acquisition
A country has to pay for its roads.
Whether it has them or not, it pays
more for those it does not have.
So Lets Have them…..
Connecting People Through Quality
Infrastructure