Transcript MPRDC – State Highway Authority of MP

Madhya Pradesh Road Development Corporation Limited
State Highway Authority of Madhya Pradesh
Connecting People Through Quality Infrastructure
• MP was known for bad roads.
• Improper design based on traditional approach.
• Budget driven construction methodology in place of demand driven.
• Poor fund flow for projects – low budget outlay.
• Result - Poor Connectivity, low industrial investment, sluggish
business growth.
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• Government-embarked on program to revamp road sector.
• M.P. Bridge Corporation Ltd.
 revived in December 2000 and
 given mandate to upgrade highways on PPP
• Considering poor traffic, grant was made bidding parameter.
• Madhya Pradesh Infrastructure Investment Fund Board (MPIIFB)
created to arrange funds for grant.
• Rs. 500 Crore (US $ 125M) outlined for the purpose.
• Approx. 2000 km. Road length identified to be developed in phases.
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• Incorporated as wholly owned State Govt. Company under
Companies Act 1956, in July 2004.
• State Highway Authority under the State Highway Act 2004.
• Mandated to develop, regulate and maintain highways with focus on
PPP.
• The Chief Minister is the chairman, Minister of Public Works
Department & the Chief Secretary are the Vice Chairmen, the
Secretaries of the PWD, Finance , Forest, Urban Affairs and Mining
Dept. are members on the Board.
• MD, MPRDC is also a director.
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Category
National Highways
State Highways
Major District Roads
TOTAL
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MPRDC Road length
(in km)
1450
10297
6664
18411
Invite private investment by providing grant to/ premium by / the
concessionaire on competitive bidding
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Length in km and Cost in Cr Rupees
Details
No. of Roads
Length
Cost
Completed State Highways
26
2708
4993
Completed State Highways (Toll + Annuity)
11
451
853
1
108
315
38
1190
1925
9
706
1266
14
645
1520
In Progress National Highways
8
850
6429
Proposed State Highways
3
138
370
Proposed National Highways
8
491
3485
25
863
1464
24 Border Check Posts
One
-
1094
16 ROB Group I
One
-
657
18 ROB Group II
One
-
674
Completed National Highways
Completed MDR (Toll, Toll + Annuity, Annuity)
BOT Projects
In Progress State Highways
In Progress State Highways (Toll + Annuity & Annuity)
Annuity (MDR)
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Length in km and cost in Cr Rupees
Details
ADB Funded
Regular Contracts
No. of Roads
Length
Cost
Completed
50
3304
2452
In Progress
15
1080
1707
Completed SH
29
1366
1011
In Progress
17
334
505
8
490
57
Completed
4
126
196
In Progress
2
71.3
133
Completed
4 works
-
126
In Progress
10 works
-
1635
282
14921
32867
OMT
State Highway Fund
Building Works
Total
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Length in km and Cost in Cr Rupees
Details
1
ADB-IV / JICA (MDR’s)
2
Four-laning of State Highways
Total
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No. of Roads
Length
Cost
156
4412
9004
1
199
2249
159
4611
11253
• Takeover of entire state highway network including maintenance.
• To overcome the limitations of existing PPP model new financial
models introduced.
• All remaining state highways were taken for development in different
stages.
• Important Major District Roads also taken up to complete the
network under PPP.
• Performance based maintenance introduced through OMT.
• MOU signed with MORTH for reconstruction of National Highways.
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• BOT (Toll) Model
• BOT (Toll + Annuity) Model
• BOT (Annuity) Model
• Deemed Shadow Fee Model
• OMT Model
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• Up-gradation and integration of 24 Border Check Posts in MP covering
all State border crossings
• An integrated, real time system for Transport, Commercial Tax, Forest,
Mandi & Mining departments
• Purpose of the project
•
•
•
•
To increase the revenue of State Government.
To control overloading & damage to state roads.
To reduce leakage & corruption.
To use technology for reduction in transaction time and ensuring complete
transparency.
• Check posts to serve as facilitation centres
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Automatic Vehicle Classifier
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Automatic Number Plate Reader
Electronic Weigh Bridge
Automatic Boom Barrier and Traffic Light
• Airport at Singrauli is proposed with private participation.
• SPV – Singrauli Airport Corporation Ltd. Incorporated.
• Implementation Agency- MPRDC.
• 46 hectares land is available & 27 hectares is under acquisition.
• Consultant appointed.
• MCA of Planning Commission for Greenfields Airports will be
adopted.
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Loan No.
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Length (In km)
Loan Amount (US $)
Status
1959-IND MPSRDP
1602.59
150 Million
Completed
2330-IND MPSRSP-II
1701.52
320 Million
Completed
2736-IND MPSRP-III
1080.37
250 Million
Nearing completion
ADB-IV
1500 (MDR)
350 Million
Loan Negotiation
completed
J.I.C.A.
1500 (MDR)
350 Million
Posed to JICA by
central Govt.
• Concessionaire’s faith in MPRDC due to transparency in bidding
process.
• Lender’s faith in MPRDC ensuring Financial Closure of BOT Projects.
• Deployment of Supervision and Quality Control Consultants with
international expertise.
• Adequate Budget provision for Annuity &VGF payments by the State
Government.
• Annuity payment along with bonus on due date.
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• Experts like Legal Advisor, CA, CS, Environment expert, MIS expert,
Road Data System Engineer are engaged in house.
• Political commitment & support.
• Concessionaires are treated as partners.
• Bills are cleared in 2 to 4 working days.
• 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.
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• 3-tier system of checking
• PMC of Concessionaire
• Independent Quality Control Engineer
• Officers of MPRDC
• Quarry approval after thorough testing.
• Field & lab testing is mandatory as per the norms of MORTH.
• Use of Graders for maintaining the camber at sub grade/GSB level.
• Crushed GSB
• Layer -1 (drainage) Coarse graded.
• Layer -2 Close graded.
• WMM in place of WBM with pavers.
• 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.
• During VFM analysis of MDRs, 22% Annuity for BOT (Annuity)
Projects was envisaged.
• After bidding, the projects awarded on Annuity of 18.30% under
BOT (Annuity) projects & 12.88% as on average under BOT (Toll+
Annuity) projects.
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Project Details
• Total Project Cost
• Total Length of the Projects
• Average Annuity (actual)
Parameters
Construction Cost
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$476.66 Million
1520.03 Km
18.30% of Project Cost
EPC
BOT -Annuity
$476.66 Million
$595.80 Million
(Including 25% of TPC for financing cost,
(Escalation by 25%)
contingency & other charges)
2& ½ Years
1 & ½ yrs
Construction Period
O & M Exp
Routine Maintenance 0.004M$/km/p.a.
Periodic Maintenance 0.02M$//km/p.a..
Electricity & Patrolling 0.002M$/km/p.a.
-
Parameters
EPC
BOT - Annuity
9.00%
13%
100
70:30
Immediately
6 months after COD
Discount Rate for NPV Calculation
15%
15%
Loan Repayment Period(in years)
10
10
Average
Excellent
Not availed
Availed
Traditionally applied
Latest available
Required
Not required
456.40
401.23
Interest
Debt: Equity Ratio
Funds Requirement
Quality of Roads
Efficiency of private sector
Technology
Setting up of full infrastructure & staff
NPV calculated (in $Million)
Value for Money (NPV of EPC –NPV of Annuity)
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55.17
• Implementation of ARS system on PPP mode .
• Technical Assistance through ADB for capacity building in road safety.
• Accident Response System & Traffic Management Centre including
operation & maintenance for 5 years with estimated cost of Rs.12.50
Crore (US $ 2.5 M) is being set up.
• ARS includes centralized call centre, GIS based automatic vehicle
tracking system (AVTS), Computer aided dispatch system, Traffic
Management Centre.
• Trial run started from 24th Dec 2014. State wide number 1099 and
Citizen portal available for assistance.
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• State Highway fund established under an Act for investment in
highways & infrastructure projects.
• Executive Committee under the Chairmanship of Chief Secretary to
administer the fund.
Sources of Fund
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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
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Area
115 acres land
Concession Period
33 years, extendable by 15 years
PPP Mode
DBFOT
Estimated Cost
Rs. 138.50 Crore (US$ 35M).
Bidding Parameter
Highest Upfront Premium
Construction period
3 years for minimum facilities (COD)
7 years for completion
Service Portfolio
Rail Terminal
Warehousing
Container Freight Station
Cold Storage
Grain & Horticulture Procurement
Trading & Collective Marketing
Negotiable Warehouse Receipts
400 KV (DCDS) Transmission Line for evacuation of Power from 2 x 250 MW
extension unit at Satpura Thermal Power Station
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Type of PPP
DBFOT
Total Length
240 KM
Implementing
Authority
M P Power Transmission Company Limited, Jabalpur
(MPPTCL)
Estimated cost
Rs. 282.72 Crore (US$ 55M)
Concession Period
25 years (incl 15 months construction)
Provision for 10 yrs extension
Bid Process
Two-stage (RFQ + RFP)
Bidding Parameter
Lowest Grant (VGF) / Highest Premium
• High travel demand, traffic congestion, accidents, pollution, rapid growth of city.
• No concept of bus stops and time schedules.
• To create a specialized and effective agency to monitor and provide intra-city public transport
system.
• PPP model with Private investment in buses, ticket vending, O&M and ancillary services.
• Self-financing and revenue generating model for bus stops.
• Fully computerized ‘Ticket Vending system’.
• Every bus is fitted with GPS based tracking device with online data transfer facility.
• Upgraded to BRTS under PPP mode itself. Free from subsidy.
• Passenger information system is introduced for the first time in the country.
• Benefits :
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Savings in travel time.
Reduction in congestion on roads.
Reduction in road accidents.
Reduction in environmental pollution.
“A country has to pay for its roads,
whether it has them or not, it pays more
for those it does not have.
“
So Let’s Have them……
Our commitments remains...
Connecting People Through Quality Infrastructure