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PPP IN MADHYA PRADESH

PPP IN MADHYA PRADESH. Vivek Aggarwal Managing Director, MP Road Dev. Corporation Bhopal (M.P.). PPP Framework. PPP Cell in Directorate of Institutional Finance Cabinet Committee on PPP constituted under Chairmanship of Hon ’ ble Chief Minister

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PPP IN MADHYA PRADESH

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  1. PPPIN MADHYA PRADESH Vivek Aggarwal Managing Director, MP Road Dev. Corporation Bhopal (M.P.)

  2. PPP Framework • PPP Cell in Directorate of Institutional Finance • Cabinet Committee on PPP constituted under Chairmanship of Hon’ble Chief Minister • VGF as well as non VGF models followed for various sectors. • MP Infrastructure Investment Fund Board • Estabished for support of unviable infra projects • VGF contributon of GoMP released through MPIIFB

  3. MP PPP Projects

  4. PPP in Road Sector - MP

  5. Background • MP was known for bad roads and poor maintenance • 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.

  6. Advent of MPRDC • MP Road Development Corporation Ltd. Incorporated in July 2004. • MPRDC made the successor/assignee of MPRSNN; all projects of MPRSNN were domained in MPRDC • Notified as “Highway Authority” for State Highways under Madhya Pradesh Rajmarg Adhiniyam, 2004 (No.11 of 2005) • Chief Minister heads the Board of Directors with Chief Secretary as Vice Chairperson

  7. MPRDC’s Mandate To act as a State Highway Authority. To upgrade, construct and strengthen the total length of State Highways. To develop projects in the State on public private partnership basis.

  8. Standard terms for PPP • Viability Gap Funding. • Premium • Concession Fee. • Independent Engineer. • Financial Closure. • Appointed Day. • Concession Period. • User Fees. • Commercial Operation Date. • Schedule of standards and specifications.

  9. MPRDC Projects Invite private investment by providing grant/ premium to/by the concessionaire on competitive bidding Second Choice Public Private Partnership (First Choice) Contract Scheme Build – Operate – Transfer Scheme. OMT ADB State Budget BOT (Annuity) BOT (Toll + Annuity) Deemed Shadow BOT (Toll)

  10. PPP Portfolio of MPRDC

  11. Initiatives of MPRDC – BOT MODEL • 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. • GOI has sanctioned 663.35 Crores VGF for 24 BOT projects of MPRDC. • In several Projects MPRDC receives Premium. • VGF/Premium is the bidding Criteria. • Distance based user fee (Toll).

  12. Initiatives of MPRDC – BOT MODEL • 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.

  13. Initiatives of MPRDC - BOT (Toll+Annuity) 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.

  14. Initiatives of MPRDC - BOT (Annuity) MODEL • Formulated to implement the 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.

  15. Initiatives of MPRDC - Deemed Shadow Fee MODEL • It’s a PPP model. • Acts as sweetener to increase the viability of project which are not viable with maximum permissible VGF of 40%. • It is given in addition to maximum VGF of 40% with maximum limit of 10%. • 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.

  16. Initiatives of MPRDC - BOT(OMT)MODEL • Transfer) mode under Public Private partnership. • Above roads MPRDC has envisaged to take up roads on OMT (Operate Maintain & are developed by MPRDC through ADB funding/Budgetary Support of the State Government. • 14 such roads are identified by MPRDC amongst which 3 roads are awarded on Premium & 1 is under tender stage. • Concession Period – Project specific, normally 9-12 years • Concessionaire to undertake management, operation & maintenance of Highways • Augmentation of facility to be done • Construction, monitoring and inspection by Independent Engineer.

  17. Initiatives of MPRDC - BOT(OMT)MODEL • Concessionaire to pay Concession Fee to the Authority. • Concession Fee is the bidding parameter. • This fee to increase by 10% per year as compared to the immediately proceeding year. • Concessionaire can seek O&M support also. • User Fee - pre-decided, increase on the basis of WPI • Exemption for non commercial traffic • Only Commercial vehicles to pay Fee • Escrow mechanism for fund flow.

  18. Project of Border Checkposts • 24 Border Checkposts • Purpose :- • To increase revenue of State Government • To control overloading & damage to state roads • To reduce leakage & corruption • To provide full transparency • Cost Rs. 1150 croresincl 56 crores for LA & Utility Shifting • Rs. 1094 cr borne by Concessionaire, balance by State

  19. Border Checkposts • Concessionaire to charge service fee per vehicle for construction, O & M • Computerized integrated system; online central control at Gwalior & Indore • Concession of 4566 days incl construction of 730 days • Integrated project for Transport, Commercial tax, Forest, Mandi & Mining deptt • Checkposts will serve as facilitation centre also

  20. Type of Checkpost are as under, • Large Check Posts (9+9 lanes) at 4 locations • Medium Check Post (7+7 lanes) at 6 locations • Small Check Post (4+4 lanes) at 11 locations • Single Side Check Post (3 lanes) at 3 locations • Two Central Control Facilities centers at Gwalior & Indore.

  21. Infrastructure developed at each Checkpost • Road Works- • Rigid Pavement • Traffic Signages type XI • Parking & detention Area • Building Works • Administrative building • Godowns • Loading & Unloading platform • Residential Blocks • Operator booths • Facility Centre • Toilet Blocks • Canopy • 24 hours Electric & Water Supply

  22. Automation System SURVEILLANCE CAMERA CENTRAL CONTROLFACILITY ALL TRANSACTIONS, VEHICLE PICTURES DIMENSIONS MEASUREMENT EQUIPEMENTS Operator Booth Barrier & Traffic Lights Control License Plate Reader Camera RFID Reader Lane Traffic Controller WEIGHING CONTROLLER WEIGHBRIDGE Lane Computer Automatic Vehicle Classification System

  23. LAYOUT OF LARGE CHECKPOST Residential Blocks Admin Block Parking /Detention Area 9+9 lanes Weigh Bridges Parking /Detention Area Facility Centre Godowns

  24. Benefits of Automated Checkposts • Checking:- From random vehicles to 100% • Waiting Time:- 2–3 Mins instead of 1-2 hours • Substantial Revenue Increase • Controlling Overloading • Convenience to Road users • Minimizing Human Intervention/ Discretion • Real Time Surveillance under one roof • Reduction in Operation Cost of Govt.

  25. CCF INDORE BUILDING CCF Indore Server Projector Showing the Real Time Video

  26. CCF GWALIOR BUILDING - 3D VIEW IN COLOR CCF Gwalior Server Live Demonstration on Video Wall

  27. CCF GWALIOR BUILDING Conference Room Side View Precision AC Server Kitchen/Pantry Completed

  28. AGRA MUMBAI – SENDHWA CHECKPOST

  29. AGRA-MUMBAI (SENDHWA) ACTUAL PROCESS FLOW Vehicle Entry Transaction Entry Vehicle Measurements Vehicle move for Parking Booth Clearance Weigh Measurement

  30. INDORE – AHMEDABAD- PITHOL

  31. Project (ROBs/RUBs) • 35 ROB’s & RUB’s on existing LC’s of Railway: • 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. • Survey of alignment & GAD of ROB of Ist group is completed & IInd group is in progress in coordination with railways. • Due to delays in approval of GAD & cost ,Group-I is proposed to be taken up in VGF Scheme of Deptt. Of Economic Affairs for 40% grant independently by MPRDC without sharing by Railway.

  32. Project (ROBs/RUBs) • To improve financial viability of ROB project following rates have been adopted • GAD’s, Cost Estimates of Group-I(17 ROB’s) have been prepared & cost in Rs.763.81 crores .In Group-I , GAD of 16 ROB & 2 LHS approved. SLEC has granted approval to group No. I. • Project will be implemented through PPP by VGF of 40% and Investment of Concessionaire. • The RFQ has been invited for group No. I.

  33. State Highway Fund • GOMP has enacted the Madhya Pradesh RajmargNidhiAdhiniyam 2012 • To Provide for the establishment of a Fund for investments in the highways & infrastructure projects of the State. • To provide for administration of the said fund. • To monitor & supervise the activities financed from the fund & for matters connected therewith or incidental thereto. • Corpus of the Fund is 125 Crores (approx.). • Executive Committee under the chairmen chief Secretary to administer the fund.

  34. Sources of State Highway Fund • The Contribution or Grant or Loan or Advance if specially credited to Fund by the State. • All payments of Premium made by the concessionaire to MPRDC. • All returns on investments made out of the Fund. • Proceeds towards encashment of Performance Security or Bid Security by MPRDC for default of Concessionaires or Bidders. • Any other amount authorised for credit to the Fund under the provisions of this Act or rules. • Amount already standing as a credit in the accounts of MPRDC pertaining to the heads mentioned above shall form the initial corpus of the fund.

  35. Fund Utilization • For providing Financial Assistance to a Concessionaire on behalf of Authority in respect of a Highway or Infrastructure Projects. • For Meeting any Development Cost of Highway or Infrastructure Project. • For Defraying the Administrative Expenses of the Executive Committee. • For Maintenance and Repair of Highways. • For Project Preparation, Pre Tender Activities, Cost towards Utility Shifting ,Land Acquisition. • For Payment of charges to Authority for various activities performed under this Act.

  36. Logistics ParkatPowarkhedaHoshangabad District

  37. Project Snapshot – Logistics Park

  38. Project Snapshot – Logistics Park Cont..

  39. Project Snapshot – Logistics Park Cont..

  40. Project Location & Influence Area • Considerations For Determining PIA for logistic hub • Cargo originating and consumption clusters • Consolidation and distribution centers • Location of competing facilities • Potential of attracting transshipment cargo • Key Findings • Major cargo consumption centre in Madhya Pradesh are outside 200 kms of project site except Bhopal • Originating clusters within PIA include locations like Mandideep, Budhni, Itarsi, Piparia etc. All are within 100 km from proposed Logistics Hub • All consumption centers outside 100 Km radius have presence of competing facilities • Service demand and supply gap within these facilities • Conclusions • PIA area considered restricted to radius of 100 km, though for certain commodities PIA might extent beyond considered radius

  41. Service Portfolio • Rail Terminal • Warehousing • Container Freight Station • Cold Storage • Grain & Horticulture Procurement • Agro & Horticulture Services • Market Information Systems • Trading & Collective Marketing • Negotiable Warehouse Receipts

  42. Facilities at Logistics Park

  43. One of the First Farm to Fork Facility The objective here is to empower the farmer by enabling him to sell his produce as and when he needs to, thus generating good remuneration which is only possible by integrating the value chain from Procurement to Logistics under one umbrella. Apart from being one of the first Farm to Fork facility in India with true end to end integration, the social return on investment will be achieved at various levels as highlighted below :

  44. Project Transaction Structure TheProjectwassuccessfullyclosedwithKesarTerminalsLtd. offeringapprox14crorepremiumtoGoMP

  45. Electricity Transmission Line between Satpura and Ashta

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