Tel: 020 2563 5050

Fax: 020 2567 3030

cRo1TS'1101/01/01/49

24'"JAN 2011

EIrftrfTffiEnFd
To,
lvl/s Raj Promotor and givil Engineers Pvt. Ltd

410, Pride Silicon Plaza,

S. B. Road,

Pune-411016
Kind attn: Dr. Rajendra Hirmath (98220 46604)
Sub: Assessment of

fasibility,.,regarding

lmprovements To Prakasha Chad! l Vinchur Sawalivihir Road SH-7 & Bhavadbari

to sogras Phata MDR-77 & Satana & Dahiwel Bypass)

Ref: Telephonic confirmation by you for

3 days traffic survey and feasibility study

Dear Sir,

Further to our draft repgrt by email on 17.1.2011 and subsequent telecon of the day,
please find enclosed herewiih Final Report
Trust you will find ihe same in order. f you need furiher clarifications and or information,
please let us know we willfumish the same promptlyWe look forward to mutually beneficial association.
Thanking you and assuring you of our best services at all times, we remain
Yours faithfully
For Unison Projecl Management Pvt. Lt(

Encliaa

UNISON PROJECT MANAGEMENT PW. tTD.

11-12. Building No.3, S.D.C. Area, Poomanagsr CompIeA Chikhali, Pune - 411 019.
'tel.t o2o-27 492357 , 0594 Fax . O2O-27 492369

E-mail : unisonpm@dahone,in, w1,va^/.unisonpm.com

, i

'

r"i

ASSESSMENT OF FEASIAILITY FOR TAKING OVER OF BOT FACILITY

(lMPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH-7 &
BHAVADBARI TO SOGRAS PHATA MDR-77 & SATANA & DAHIWEL BYPASS)

CONTENTS

1-O

BACKGROUND

2.O

SCOPE OF BOT PROJECT

2.1 Toll Plazas
2.2 Pha9e-ll

3.0

SALIENT FUTURES
3.1 ContractProvisions
3.2 SupplementaryAgroement

4.0

PRESENT TRAFFIC SCENARIO

Traffic Characleristics- Pimplner Toll Plaza C|CS-1)
4.1.2 Variation of TEffic
4.1.3 Projecled Revenue

4.1

-l.aftic Charaderistics- Devla Toll Plaza (l-CS-2)

4.2.1 Volume & Composition of TEffic
4.2.2 Variation of Traftic Volume
4.2.3 Projected Revenue:
4.3 Combined Projeded Income;

4.2.

5.0

BOT FACILITY
5.1 Cost of Repairs:

6.0

FINANCE MODEL

7.0

cLARTFTCATTOS

8.0

BID DOCUMENIS

9-O

ENCLOSURES
9.1 FINANCE MODEL
9.2 MAP
9.3 SNAPS OF FACILITY

FOR RAJ GROUP, PUNE

1t14

BY UNISON, PUNETJ
rdtr|$trrnE[REd

ASSESSMENT OF FEASIBILIW FOR TAKING OVER OF BOT FACILITY

(|MPROVEMENTS TO PMKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH.7 &
BHAVADBARI TO SOGRAS PHATA MDR.77 & SATANA & DAHIWEL BYPASS)

1.0

BACKGROUND:

M/s Ram Infrastructure Ltd., Jalgaon completed BOT facility for Chadwel Vinchur
Sawalivihir Road SH-7 and Bhabadbari to Sogras road MDR-77 Sbc{ion Km 8O/OOO
to Km. 139/200, Km.154/200 to 174l4OO of SH 7 and Km. 0/000 to 7/000 of MDR 77.
Total length 86.4 Km including construction of Satana and Dahlwel bypass, total
length 13.45 Km- The wqrk was compleied and toll collection w"s in progress at two
specified toll plazas nea. Pimplner and Chandwad.
This state highway is a connecling link between trow national highways namely NH-3
(Mumbai-Delhi) and NH-6 (Mumbai-Kolkata). The 7 Km link road i.e. MDR-77 is
shortest rgute Nashik

There are sugar factories along corridor of SH-7 at Ravalagaon, Taharabad and
Deola. There is also well known Jain Temple on lhe projeci conidor.
ft is leamt that the toll collection is stopped f.om 30.11.2010 as per the information
revealed during site visit. The entrepreneur i.e. lws RIL has failed io properly service
the debt of the lender

The tolf collection at Plaza no.2 t.e. near Bhabadbari in km 167 is affecled owing to
toll plaza on NH-3 between Chandwad-Vadalibhui and hence there is tendency to
detou.and tr-avelthrough Malegaon town and pay tollat plaza-1.

The lender desire to take over the facility and f|e lvvs Raj group is interested in
assisting the lender for its operation and maintenance obligations as per terms and
condition of concession agreement.

M/s Raj group, has entrusted M/s Unison Projeci Management Pvt. Ltd., Pune with
following broad objectives for this assignment

a. To ascertain requirement of capital cost to restore lhe facility and start toll
Collection vis-a-vis existing condition of tr|e BOT f,acility.

b.

Probable incomE based on 3 day traffic count at existing toll plazas

c.

Conlractual provisions for taking over the facility

FOR RAJ GROUP, PUNE

2t14

ASSESSMENT OF FEASIBILITY FOR TAKING OVER OF BOT FACILIry

(lMPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH.7 &
BHAVADBARI TO SOGRAS PHATA MDR-77 & SATANA & DAHIWEL BYPASS)

2.0

SCOPE OF BOT PROJECT:

The scope of work was to be executed in t\,vo phases. Phasej encompasses

improvements io Siate Highway beh.ren and MDR in following stretches. The
scope envisaged in two phase as per bid documents is summarized below
Road
SH-7
SH.7

From

to

80
154/200

139nOO

174.400

Km
59.70
20.20

Remarks

Krn 139t00 to

Km
1541200 i.e.14.50 km

as not

in scope this

contaatct.

Total
t\rDR-77

0.000

7lOOO

Total

79.90
07.00
86.90

86.4 Km as indicated
on

Including widening of toadway / cadageway width, construction, reconsuuclion,

widening, improvements to major bridges, minor bridges, cross drainage (CD)
works, retaining wall, built up, pitched gutter, junctions, bus bays etc. etc. as
envisaged in bid documents.

2.1

Toll Plazas:

Two plazas are envisaged. The locatjons and chainage are specified in

bid

documents indicated below

S. No.
1

2.2

Name of village
Near Bhabadbari, Tollplaza-2
Near Pimplner, Tollplaza-1

Km
116t200
't67tooo

Phaseil:
Phase-ll involves construction of bypass roads forfollowing villages / towns

.
.

Satana bypass of length '12.40 km

Dahiwel bypass of 1.05 km

FOR RAJ GROUP, PUNE

3/14

ASSESSMENT OF FEASIBILITY FOR TAKTNG OVER OF BOT FACILITY

(|MPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD
SH.7 &
BHAVADBARI TO SOGRAS PHATA MDR.77 & SATANA & DAHIWEL BYPASS)

3.0

SALIENT FI,JTURES:

The salient futures of lhe ag|"eement dated 19.5.2003 betwen pWD, Govemment
of Maharashtra and Entrepreneur M/s Ram Inftastructure Ltd., Jalgaon are as
follows
S.

No.
Particulars
1 Tollcollectioncommenced
2 Toll collec{ion stopped
3 Concession penod ('141 &144)
4 Concession period (126)
5 Date of agreement

6
6.1

7
8
9
10

't'l
'13

14

30
years
18 years
19
'|

Count down of concession period

w..f. lhis date
Date of expiry of concession/ tease
penvd (44)
Available concession period
w. e. from 19.1.201'1
Lease rent of project land
Estimated cost of PWD
Estimated cost of Entrepreneur
Bid security (EMD)
Performance Security
Construction period Phasel
Cost of land acquisition as per bid
documents (48)

Phase-llwork
(Construction of Satiana & Dahiwel
ss

6
'11

monlhs

10

months

2005
2010
0 day
0 day
2003

19
11 years, 11 lronths,

Rs. 12,000 per annum

Rs. 46001
Rs.45s01('126)
Rs. 46 L
Rs.69L (Page 16-3.2.5.2)
24 months
Rs. 501
Rs. 240L (approximately) acturally
paid by concessionaire
Yet not started
(Land not in possession)

Note: Figure in Bracket indicaG page no. of volume-l

3.1

ContractProvisions:
The following impo(ant but open ended provisions ar notad as per bid documents

For every additional cost of Rs. 1 L towards land acquisition, toll collection would
be allowed for additional period of one (1) day.

G@!@

ASSESSMENT OF FEASIBILITY FOR TAKING OVER OF BO7 FACILIW

(MPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH-7 &
BHAVADBARI TO SOGRAS PHATA MDR-77 & SATANA & DAHIWEL BYPASS)

S. No.
1

Both, Satana and Oahiwel

Satana
Dahiwel

3.2

Name of the bypass

Length
13.45 Km
12.4O Km

Reduction of
concession period
3 yea6 (47)
2.50 years

105Km

Y2 Year

SupplementaryAgreement:
Supplementary agreement compises of
entered between the stake holders namelv

.
.

8 Adicles. this agreement was ro

oe

PWD, Govemment of Maharashtra

M/s Ram Infrastructure Ltd, Jatgaon and

The provisions of under Articles of Supplementary Agrement are summanzed

below
In the event of default on the part of entreprsnew under clause no. .1.3 for reasons
reproduced below

Quote

"Default by the entrepreneur in payment of two consecutive quarterly

installments either of Principal or of Interest or both to the lenders or either of
them underthe Loan Agreement,

(iD

of

"lnitiation by any person of any legat proceedings likely to have material

adverse effecl on the projecl or on the abifify of the Entrepreneur to meet its
payment obligations to the Lenders.,

Unquote

Also under clause no. 3.5 GCC (Cancellation of contract in full or part) and sub
clauses there under for various retsons.

Article-4: Lenders Rioht in the Event of Oefaulti Remediss available to the Lenoers
are summarized below

FOR RAJ GROUP, PUNE

5t14

BY UNISON, PUNEH
l|E|n lB''EIiEt

ASSESSMENT OF FEASIBTLITY FOR TAKING OVER OF BOT FACILITY

(IMPROVEMENTS TO PMKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH-7 &
BHAVADBARI TO SOGRAS PHATA MDR.77 & SATANA & DAHIWEL BYPASS)

Quote
The Government and the Entropreneur hereby agree that if within 30 days followng
the occunence of Evenl of Default, the Entrepreneur fails and or is unable to remedy
the same, the Lenders may, without prejudice to any other right available to them
invite, negotiate and pt ocurg the offers either through private negotiations or through
the prccess of biding, from the prospeciive entrep.eneurs for take over the assets
end liabilities of the project and for completing implementing the projecr In
accordance with the BOT Agreement

Unquote
There are other measurs under clause 4.2 to 4.4 which deals for completion of
process of negotiations, bidding and recommendation of offers if any received for
acceptance of Ggvemment or if the Lenders fails to procure suitable offers withrn six
months or Govemment decided not to accept any offer recommended by me
Lenders, taking over of the facility and payment of the lenders dues.
Article-6i Cancellation of Contract

As pe[ clause 6-1 the Govemment is expecied to immediately intimate the Lenders
on occurence of event of default under General Conditions of Confract (GCC)
clause 3.5 and various sub clauses there under.

On receipt of an intimation of cancllation of contrad, the Lenders inesDeclive of

whether or not the Event of Defaull has occuned may iake steps to initiate aqton
staled in clause 4.1 of Article-4
Article-7: Pavment of compensatlon
Clauses of this Article highlight the consent of th Entrepreneur for direct payment to
the
Lenders officer without going into veracity of the same, if any balance amount if any
would b paid to the Entrepreneur etc. as per clause 7.'l thru 7.4.

the Lenders by Govemment, payment of the Lende.s dues confirmed by

FOR RAJ GROUP, PUNE

6t14

BY UNISON, PU

ASSESSMENT OF FEASIBILIW FOR TAKING OVER OF BOT FACILITY

(MPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD
SH.7 &
BHAVADBARI TO SOGRAS PHATA MDR.77 & SATANA & DAHIWEL BYPASS)

4.0

PRESENT TMFFIC SCENARIO:

In view of urgency a 3 days traffic count at both plaza locations was conducted from

8.1.20'll to 11.1.2011 to have conect idea about daily income at both plaza

locations A tullfledge Traffic sludy and anatysis was canied out by us in Dec-2008

for securitization of toll revenue and hence 3 day count was caflied out just

to

confirms the projections. The result of 3 day traffic is separately enclosed_

4.1

Traffic Characteristics: pimplner

To

plaza CfCS.t)

Various traffic characteristics, like volume, composition, hourly, daily varjations and
probable p.oject incomes are illustrated below

4.1.1 Volume & Comoosition

Type Volume No.

LMV
982
LCV
372
BUSSES
196
2Axle
750
3 Axle
1,76
MAV
465
Total (ADT)
4,551

a/"
EUSSES

Traffic Composition at TCS-1, pimplner

Average Daily Traffic (ADT) and its composition during 3 day count period is
indicated above. lt is observed lhat about 66yo traffic is dominated by,z, 3 and Muttj
Axle vehicles and hence could be temed as qualitative and sustainable traffic.
The balance 34% traffic is of local nature comp.ising of L[,IV, LCV and buses which
generally peaks during early moming hours and subside in late evening hours as
could be seen from hourly variations gph givgn betow

FOR RAJ GROUP, PUNE

7t14

BY UNISON,

PUN#

ASSESSIl!FNT OF FEASIBILIry FOR TAKING OVER OF BOT FACILIIY

(IMPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWAI iVIH]R ROAD
SH.7 &
BHAVADBARI TO SOGRAS PHATA I]IDR.77 & SATANA & DAHIWEL BYPASS)

4.1 2 Variatjon of Traffic: Hourly and daily variations in traffic volumes are illuskated
betow

140
1m

1m1

100

100 l

40

95

91

so]
60

lll

112

1m

99
92

95
aa

7a

i2

,-

77

4e s1

67

66

Hourly variation

ml
].

^-&

r .<

^r..t.F:_
@ 01- 02 03 04 0t 06 07 @ 09 lG 11_ 12- 11 1+ 1* 1d 17 1& 19 2t 21 22- 2!
o1 02030,4' 0506 07@ @10 1.1 12 13 14 15 16 17 $192021 .22 23 24

FOR RAJ GROUP. PUNE

at'14

BY UNISON. PU

ASSESS ENT OF FEASIBTLITY FOR TAKING OVER OF BOT FACTLITY

(MPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR
ROAD SH-7 &
BHAVADBARI IO SOGRAS PHAIA MDR-77 & SATANA & DAHIWEL BYPASS)

4.1.3 Proiected Revenue:

The probable revenue based on the groMh consideEtions is indicted below

2012-13

26319

14499

15221

PROJECTED INCOME AT PIMPLNER

2Axle
3 Axle
Per
Pef
oay
ANNUM
Rs.
Cr.
't07s23
26305
27975
187409 6.84
s5240
230100
59306
398216
14.s3
58002
216106
56225 38372 14.10

2013-14

32057

17845

18908

72054

2014-15
2015-16

33660

1e470

19853

35343

19116

20u6

79439

275187

2016-17

41424

22422

42e67

23507

24915
257A7

9s403

2017-18
201a-19

337104
353959

43947

24212

2019-20
2020-21

52124 28850
53687 29716
55298 30607

2010-11

Buss

'14008

6903
't4496

'11936

2011-12

2021-22

LCV

275187

70927

486978

17.77

257'184

66912
70927

47173s

17.22

500858

18.28

608139
635502

22.20
23.20

664'122

24.24

26689

99219
103188

371657

31610

Q2AO4

450634

327't7

127716

33862

132a25

8U7'l
90363

799972

29.20

473166

94429
1 't 3950
't1907a

836080

30.52

46824

124436

873852

31.90

Note: All projected income is from 1.7 to 30.6 for respective y6ars
Share of income by various types of vehicles

Cry"jh ?

LCV
4%

3 Axl
57./o

About 8770 incoms is contributed by 2, 3 and irulti axte vehicles

FOR RAJ GROUP, PUNE

BY UNISON, PUN&

ASSESSMENT OF FEASIBILTTY FOR TAKING OVER OF BOT FACILITY

(IMPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD
SH-7 &
BHAVADBARI TO SOGRAS PHATA MDR-77 & SATANA & DAHIWEL BYPASS)

4.2. Traffic Cha.acteristics:

Devta Toll plaza

fiCS,2)

4.2.1 Volume & Composition of Traffic

Type

Volume, No.
1,426

LCV

259

BUSSES

251

2Axle

400

3 Axle

1,131

MAV

L]orar

437

(ADr)

4,304

BUSSES

//

Traffic Composition al Devla toll plaza, TCS-2

4.2.2 Variation of Traffic Volume: Hourly and Daily variations in traffic is illustrated betow

.-r*q4y-._. .r_-!9.y .,. _9!r3-, ..

-.2.,1rte-trlee!t_ -

-_!,.3,.Ee- __+,1+v_ ...._.ret1-

ourly variation
ua//

;F,l 12113t'. 115ti6

t7

I1B)1stm)21 z2 I2a

,' l'2i13 11l'5| 16'/l'Bt 1e ?!t?1tztn

FOR RAJ GROUP, PUNE

'lot14

BY UNISON, PU

rfllrE liJ!lllrFr.Ir

ASSESSMENT OF FEASIBILITY FOR TAKING OVER OF BOT FACILITY

(IMPROVEMENTS TO PRAKASHA CHADWEL MNCHUR SAWALIVIHIR ROAD SH.7 &
BHAVADBARI TO SOGRAS PHAIA MDR-77 & SATANA & DAHIWEL BYPASS)

4.2.3 Proiected Revenue:

Year LMV

LCV

2010-11 22,207 4,706

2011-12 46,634 9,741
2012-13 48,965 1o,O8.l
2013]14 59,640 12,4@
2014-15 ts2,622 12,843
20'15-16 65,7s3 13,292

201d17 77,067 15,869

2017lA 79,37s 16,345
2018-19 81,760 16,835
2019-20 96,973 20,061
2020-21 99,882 20,662
2021-22't02,A78 2't,282

PROJECTED INCOME AT TCS-2, DEVLA

3 Axle
Per
Trucks
I ruck
Annu

BUS

Per
day

2 Axl

8,837

M,O1a

18,557

29,437

68,090
'145,713

19,485

30,909

155,913

24,205
25,4'15
26,686

38,397

J98,537

40,317

212,435
227,305
27A,449
292,372
306,990
372,22A
390,837 140,542
410,379 1.t,908

42,332

3'1,894

33,011
34,166
40,465
41,842

43,348

52,a73
54,988
65,44'l
68,059
70,781

26,289

144,147

5.26

305,814 11.16
59,076 324,429 11.84
74,524 407,711 14.8A
78,995 432,627 15.79
459,103 16.76
102,O87 556,205 20.30
106,68'l 580,661 21.'19
't't1,482 606,221 22.13
134,528 729,694 26.63

761,9U

27.A1

795,576

29.04

Note: All projected income is from 1.7 to 30.6 fror respective years

FOR RAJ GROUP, PUNE

1',v't4

BY UNISON, PU
Gl|||FT'INlsftTEt!

ASSESSMENT OF FEASIBILIry FOR TAKTNG OVER OF BOT FACILITY

(IIVlPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH,7 &
EHAVADBARI TO SOGRAS PHATA MDR-77 & SATANA & DAHIWEL BYPASS)

Share of income by various types of vehicles

15%

BUS

e/o

2 A.i(le Trucks
100k
3

Axle Truck
4Ao/.

4.3

Combined Projected Income:

Yearly projected income at bor| toll siations taken together is given below

Year

2010-11

LCV

2 Axte

3 Axle

175,613

Perday

Rs.

11,473

15,740

2011-12

34,143
71,700

23,749

33,053

40,323
a4,677

20'12-13

75,284

24,580

34,76

88,911

372,019

2013- 14

91,697

30,253

43,113

110,451

473,724

2014-15
2015-16

96,242
101,096

31,313

45,26A

32,40A

'121

2016-17

fia,491

38,691

47,532
56,809

469,619
502,492

2017-'t8

122,046

39,852

58,798

201A-19

125,707
'149,@7

41,O47

60,855

1s2,O92
'158,176

44,911

72,075

18a,245

822,60

205,9't1
244,478

153,569
't58,176

50,378

74,599
77,210 203,606

841,003
907,203

259,660
271,344

2019-20
2020-21
2021-22

51,889

,771

146,242

54,264
115,038

615,553
646,331
678,647

115,30'l
145,451
145,907

154,662
188,558

197,U4

Yearly
Rs_ Cr

331556 12.10
704030 25.7A
710801 25.94
894689 32.66
904362 33.01
9s9961 35.04
1164344 42.50
1216163 44.39
1270443 46.37
1529666 55.83
1597984 58.33
1669428 60.93

Note: Projected Income from 1.7. lo 30.6 for respective ye.t.s

FOR RAJ GROUP, PUNE

12t',t4

BY UNISON, PU

ASSESSMENT OF FEASIBILITY FOR TAKING OVER OF BOT FACILITY

(TiIPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH.7 &
BHAVADBARI TO SOGRAS PHATA I,lDR.77 8 SATANA & DAHIWEL BYPASS)

5.0

BOT FAC|LITY

The present condition ascertained during the period of survey from 8.1.2011 to
1

1.1.201 1 is indicated below

S.

No.
Observatigns
I
sH-o7
1 Pothole repaidng in
2
3
4
5
6

various KM by PWD
Good, minor repairs
Repairs of potholes by
PWD
Not in Scope
Ghat Okay, about 0.50
reparrs necessary
Good, no repairs
requrreo
MDR-77
Good, no repairs
requtfeo

Particulars
Dahiwel-Pimplner

Distance, Km
To
96

From
80

TaharabaNatana

96
15

115
139

Satana-Devla
Devla-Bhabadabari

139
154

167

Bhabadabari-Mangrul

'167

174.4

Pimpher- Taharabad

154

Sogras Phata-Bhabdbari

ln some Km along the project corridor repairs / strenglhening is being carried out by
PWD.

5.1

Cost of Repai6:
Presuming for very good riding quality if decided to provide the following treatment
to SH-7 and renewal to MDR-77

.
.

BM 50 mm
OGPC 25 mm

The likely expenditur v'/orlG out to about Rs. '16.85

\\

Cr

This maximum and there

after there would no need to spend on maintenance. May help to get divert lhe traffic
at Chandwad and resulling in increase in collection at TCS-2, thig may need some
understanding with Soma having tollon NH3

_--:-----.:

FOR RAJ GROUP, PUNE

13t14

BY UNISON,

nll,lnn$r$rfiM.'

ASSESSMENT OF FEASIBILITY FOR TAKING OVER OF BOT FACILITY

(IMPROVEMENTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH.7 &
BHAVADBARI TO SOGRAS PHATA MDR-77 & SATANA & DAHIWEL BYPASS)

6.0

FINANCE IIODEL

We have attempted to ascertain the cgmmercial viability of the project on the basis
of following parameters

6.1
6.2
6.3
6.4

\\

Presuming thal the entrepreneur will have to strengthen the facility with 50 BM and
OGPC of 25 and some other miscellaneous wo.ks costing about Rs.16.95 before
commencement of tofl.
Toll collection will commence on 1.7.2011.
Debt outstanding as on t.'1.2011Rs.96Cr.
Other parameter as indtcated in FM. (which inctudes Rate of Interest @ ilyo per
annum, yearly drawal @ 2.570 of toll income, operational cost etc.)

aln the basrs of above the project returns an lRR cf '15 16 % 3nd NpV of Rs 29 10
a)r

7.0

CLARIFICATIOS: However the following aspec{s need to be ascertained befo.e

proceeding with any decisions

X:

Reasons for stoppage of toll collection

Likely reastion of l\ills RIL
Whether PWD has iniormed the Lenders of its action
Views of PWD regarding renewal, shifting of toll plaza-2 tocation,
Legality of the project as on dale

Negotiation tvith bankers

financers for interest rate on debt

in view

of

development and likely NPA

The projeci appeafs feasibie on commercial format and the entfeprenellr rnay
constdet lnter aIa various Dros and cons

8.0

COMPOSITION
following

OF BID DOCUMENTS: Set bid documeni compdses of lhe

8.'1

Volume-l
8.1.1 Sections I to XIV in all 152 pages
8.2 Volume-ll Bid drawings (Not provided to us)

oeeeo
FOR RAJ GROUP, PUNE

14t14

ooaa9

0000

BY UNISON, PU

l|'h6t*rErB6fi[

ASSESSMENT OF FEASIBILITY FOR TAKING OVER OF BOT FACILIry

(|MPROVEMFNTS TO PRAKASHA CHADWEL VINCHUR SAWALIVIHIR ROAD SH.7 &
BHAVADBARI TO SOGRAS PHATA MDR-77 & SATANA & DAHIWEL BYPASS)

9.0

ENCLOSURES

9-1 FINANCE MODEL

9.2 MAP (PROJECT CORRTDOR)
9.3 SNAPS OF FACILIry

FOR RAJ GROUP, PUNE

1/1

BY UNISON, PUNE

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