S3_110930 PPP Presn_N. Sivasailam

8/3/2019 S3_110930 PPP Presn_N. Sivasailam

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WORSHOP ON INNOVATIVE

FINANCING MODALITIES FOR

INFRASTRUCTURE DEVELOPMENT

IN INDIA

PRESENTATION ON BANGALORE METRO RAIL

TRANSIT SYSTEM

AN OVERVIEW

The views expressed in these presentations are the views of the author and do not necessarily reflect the views or policies of

the Asian Development Bank (ADB), or its Board of Directors or the governments they represent. ADB does not guarantee the

source, originality, accuracy, completeness or reliability of any statement, information, data, finding, interpretation, advice,opinion, or view presented, nor does it make any representation concerning the same.


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Bangalore Metro Rail Corporation

Brief Status of The Project

N Sivasailam

Managing Director


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Reach 1

Reach 3

Under Ground

Reach 4

Reach 2

South

Extension

North

Extension

East West Corridor

Elevated Section 13.02 Km

Underground Section 4.88 Km

Elevated Stations 12

Underground Stations 4

North South Corridor

Elevated Section 19.87 Km

Underground Section 4.00 Km

Elevated Stations 21

Underground Stations 3


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EAST WEST CORRIDOR 18.10 KMS

NORTH-SOUTH CORRIDOR 24.20 KMS

TOTAL 42.30 KMSELEVATED 33.50 KMS

UNDERGROUND 08.80 KMS

GAUGE Standard GaugeTRACTION 750V dc Third Rail

SPEED Max 80Kmph ; Avg. 34Kmph

NO. OF STATIONS 40 (33 elevated, 7 UG)TRAVEL TIME 33 / 44 Mins. (end to end)

HEAD WAY 4 Minutes at start; later 3

Minutes



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Project Cost (Total Network of 42.30kms)


Sl

No

Components (Rs Crores) (US $

Millions)

Percentage

of theProject Cost

1 Land , rehabilitation

and Utilities

1760.00 390.00 15

2 Civil Engineeringworks

5222.00 1160.00 45

3 Systems including

Rails and Rolling

stock

4229.00 940.00 36

4 Others (Consultancy,

reimbursement of

taxes)

398.00 88.00 4

Total 11,609.00 2,578.00 100


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FUNDINGFUNDING ARRANGEMENTARRANGEMENT

Equity (Rs Crores) (US $ Millions)

- GOI 1635 363.00

- GOK 1635 363.00

Interest Free Subordinate Debt

- GOI 1090 242.00

- GOK 1635 363.00

Senior Term Debt from JICA

-1st Sanction 44.704 Billion yen

-2nd Sanction 19.8 Billion Yen

2910 646.00

ADB 1125 250.00

K EXIM Bank 133 Million Euro 864 192.00

AFD 715 159.00

Total ~ 11,609.00 2,578.00

Estimated Project Cost : US 2.6 Billions (Rs. 11,609 Crore)

Debt Equity Ratio: 45:55


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ReachReachReachReach No.of PropertiesNo.of PropertiesNo.of PropertiesNo.of Properties AreaAreaAreaArea Amount PaidAmount PaidAmount PaidAmount Paid

Reach - 1 176 402430.63 376.52

Reach - 2 250 119266.87 225.86

Reach - 3 233 104585.17 273.76

Reach - 3A 82 465825.46 163.51

Reach - 3B 204 171887.62 35.2

Reach - 4 66 49051.88 85.29

Reach - 4A 84 54958.94 93.68

TotalTotalTotalTotal 1095109510951095 1,368,006.571,368,006.571,368,006.571,368,006.57 1253.821253.821253.821253.82

Land Acquisition and Rehabilitation


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Slum Rehabilitation


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UNIQUE LAND PACKAGE

Rehabilitation Allowances

Residential / Commercial PropertiesRESIDENTIAL

Shifting Allowance* Avg. Rs. 15000/- one time payment

Inconvenience Allowance* Avg. Rs. 30000/- one time payment

Transitional Allowance Rs. 75000/- one time payment

Rental Income Lost Rs. 10/- per sq. ft. lost

Right to salvage material Full

TDR As applicable

COMMERCIAL

Shifting Allowance* Avg. Rs. 15000/- one time payment

Loss of Business* Avg. Rs. 75000/- one time payment

Business Re-establishment* Avg. Rs. 240/- per sq. ft. for area lost

Rental Income lost Rs. 20/- per sq. ft. lost

Right to salvage material Full

TDR As applicable


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AFFORESTATIONAFFORESTATION


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Progress Report

Bangalore Metro Rail Project


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7 kms of this section is fully completed and awaiting for

opening to public.

REACH 1


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7 kms of this section is fully completed and awaiting for opening to public.

REACH 1


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REACH 2

71% of Viaduct is completed.

Remaining work on Viaduct is expected

to be complete by Aug 2012

33% of progress is recorded in the

stations and civil works are estimated

to be complete by April 2012

The commencement of trials will

begin by April 2013


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REACH 3

Launching is under the progress

with the help of 4 launching girders.

82% of the work already has been

completed and is expected to be

completed by April 2012

With regard to stations around 51%

of progress is completed and

remaining civil works are estimated

to complete by April 2012

The commencement of trials will

begin by Dec 2012


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REACH 3A & 3B

33% progress has been achieved.

26 Spans have been erected.

About 800 segments have already

been casted.

Handing over to track contractor is

targeted progressively from Nov 2011.

With regard to stations, civil works is

expected to be completed by April 2012.

Overall 24% Progress has been

achieved in Reach 3B


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REACH 4 and 4A

Viaduct works have achieved a

progress of 86%.

Handing over to track contractor is

targeted progressively from Aug

2011.

All civil works in viaduct is expected

to be completed by Dec 2011

Around 65% of progress has been

achieved in stations. Off road

structure are under progress.

Overall 33% has been achieved in

Reach 4A


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UG East- West Corridor


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Physical Progress up to Aug 2011

Percentage in terms of work executed 44%

percentage in terms of tenders

awarded

97%

Financial Progress up to Aug 2011

In Crore 4853.77

In Percentage 41.81%


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Baiyappanahalli MG Road October 2011

Peenya Depot - Yeshwanthpur Sampige Road

December 2012

Peenya Depot Nagasandra December 2013

U/G Section December 2013

City Station Mysore Rd December 2013

K.R.Market R.V Road Puttenahallicross

December 2013

Commissioning Schedule


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WHAT NEXT

BANGALORE METRO PHASE 2

DPR FOR SIX LINES READY FOR APPROVAL

OBJECTIVE IS TO PROVIDE LINKAGE TO IT

INDUSTRY

FOUR EXTENSION LINES

ONE ARTERIAL LINE

ONE LINK LINE ARTERIAL AND LINK LINE PROPOSED FOR PPP

SYSTEMS AND O&M


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Phase II Alignment

Baiyappanahalli

Mysore Road

Hessaraghatta Cross

PuttenahalliCross

BIEC

Anjanapura Township

Kengeri

Nagawara

IIMB

White Field

Electronic city

RV Road


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Sl. No Description Length of the

line

Completion cost

(Rs. In Crores)

1 Baiyappanahalli to

Whitefield

11.60 4483.60

2 Mysore Road Station to

Kengeri

7.70 1851.30

3 Hesaraghatta Cross to BIEC 4.20 1058.63

4 Puttenahalli Cross to

Anjanapura

6.70 1657.74

5 R.V Road terminal to

Bommasandra

15.60 5102.00

6 Gottigere IIMB to

Nagawara

21.10 9650.88

Grand Total 66.90 23804.15

COST ESTIMATE OF PHASE II METRO CORRIDORS(With Central taxes and Without State taxes)


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FUNDINGFUNDING ARRANGEMENTARRANGEMENT

Description In PC In Crores (US$ in Millions)

Equity

- GOI 15 3571 793.5

- GOK 15 3571 793.5

SubordinateDebt

- GOI 10 2380 529.0

- GOK 15 3571 793.5

Senior Term

Debt

45 10711 2380.0

Total ~ 100 23804.0 5289.5

Estimated Project Cost : US$ 5.29 Billions (Rs. 23804 Crore)

Debt Equity Ratio: 45:55

Means of Finance


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BANGALORE AIRPORT RAIL LINK

THE PROJECT HAS BEEN TRANSFERRED TO

BANGALORE METRO ON 26TH SEP 2011

DPR PREPARED AND APPROVED UNDER PPP

20% VGF

LAND COST BORNE BY STATE GOVT RFP & CA UNDER EXAMINATION


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Thank You

S3_110930 PPP Presn_N. Sivasailam

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