Kuttippuram- Edappali Highway Project (NHAI)
Submitted by: Group 4, Section A
Contents Introduction 3 Financial analysis and Feasibility study 4 Duration of the project 4 Construction cost of the project 4 Maintenance cost (Recurring Cost) 5 Operation Expenses 5 Revenue sources 6 Toll revenue 6 Other income 6 Government Grant 6 Proposed sources of finance 6 NPV & IRR Calculation 7 Calculation of Beta 7 Tax Calculation 8 Tax Rate 8 Minimum Alternate Tax (MAT): 8 Tax Exemptions (Under Section 80 IA): 8 Exhibits 8
Introduction
The Ministry of Road and Transport has decided to take up the development of several National Highway Corridors for the efficient movement of traffic. These corridors are to be built in Public Private Partnership (PPP) model. National Highway Authority has been entrusted to implement these projects within the frameworks of PPP model.
One such corridor is to be built on the NH17 from Kuttipuram to Edapally in the state of Kerala. The Project Highway also leads to Mangalore, Goa and Mumbai from Kuttipuram, forming an important link connecting northern districts of Kerala which includes Kozhicode, Kannur, Kasargod and Wayanad. NH-17 links to southern districts of Kerala via. NH-47.
The salient proposals for up gradation and improvement of the NH47 are classified into the following engineering aspects. * Widening of the project road into 4 lane configurations based on traffic capacity. * Improving the horizontal and vertical geometry of the existing road based on the design standards including realignment where ever justifiable. * Design of pavement for widening and strengthening of the existing road. * Improvement of all major and minor intersections. * Rehabilitation and widening of the existing structures including bridges, culverts, ROBs, underpasses, grade separators etc and design of new ones. * Provision of comprehensive road furniture