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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
Bangalore Metro Rail Corporation
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Project Cost (Total Network of 42.30kms)
Bangalore Metro Rail Corporation
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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Bangalore Metro Rail Corporation
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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Bangalore Metro Rail Project
7 kms of this section is fully completed and awaiting for
opening to public.
REACH 1
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Bangalore Metro Rail Project
7 kms of this section is fully completed and awaiting for opening to public.
REACH 1
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Bangalore Metro Rail Project
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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Bangalore Metro Rail Project
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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Bangalore Metro Rail Project
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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Bangalore Metro Rail Project
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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Bangalore Metro Rail Project
UG East- West Corridor
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Bangalore Metro Rail Project
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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Bangalore Metro Rail Project
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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Bangalore Metro Rail Project
Thank You