The document provides financial information for a proposed toll road project including: - The net present value (NPV) is ($456.70) and internal rate of return (IRR) is 10.38% - Construction costs are estimated at Rs. 960 crore for 80% of the initial Rs. 1200 crore budget and land acquisition costs are Rs. 240 crore - Annual maintenance costs are estimated at 0.9% of the total construction cost of Rs. 1500 crore - Toll revenue is projected to grow at 7% annually reaching over Rs. 1400 crore by 2026

1. Interest Rate 14.5%
NPV ($456.70)
IRR 10.38%
Toll Growth Rate 7.00%
Initial Budget 1200
Construction cost 80% 960
Land Acquisation 240
Additianal Expenditure 300
Annual Maintenance 0.9% Total Construction cost 1500.00 * MSRDC annual maintenance for y
Infletion growth rate 5%
Automobile Growth - Crisil, Ashok Lealeynd and Tata Motors
After year 2010 - GDP is considered
First year average number of Car & Truck 3000 1200.00 End of year 2002
# of Days of operation 365
Year Land Aquisation Construction Maintainance Total Other Rev -
(Rs. Cr) (Rs. Cr) (Rs. Cr) (Rs. Cr) Adv / leased
space
(Rs. Cr)
1997 80 -80.00
1998 80 240 -320.00
1999 80 240 -320.00
2000 240 -236.32
2001 240 -236.09
2002 300 -283.36
2003 13.50 23.98
2004 14.18 31.43
2005 14.88 46.00
2006 15.63 59.34 1.8
2007 16.41 74.38 2.8
2008 17.23 82.27 2.94
2009 18.09 91.02 3.09
2010 19.00 105.55 3.24
2011 19.95 122.26 3.40
2012 20.94 141.47 3.57
2013 21.99 163.54 3.75
2014 23.09 188.90 3.94
2015 24.24 218.03 4.14
2016 25.46 251.49 4.34
2017 26.73 289.91 4.56
2018 28.07 334.03 4.79
2019 29.47 384.68 5.03
2020 30.94 442.83 5.28
2021 32.49 509.58 5.54
2022 34.11 586.20 5.82
2023 35.82 674.15 6.11
2024 37.61 775.09 6.42
2025 39.49 890.94 6.74
2026 41.47 1023.91 7.08

2. 2027 43.54 1176.51 7.43
2028 37.61 775.09 6.42
2029 39.49 890.94 6.74
2030 41.47 1023.91 7.08
2031 43.54 1176.51 7.43
2032 45.72 1351.64 7.80
852.14 12429.82

3. MSRDC annual maintenance for year 2007 was Rs 16 Cr
Toll Collected CAR Toll Truck Toll # Car # Trucks % Growth % Growth
(Rs Cr) (Rs. Cr) (Rs. Cr) Car Truck
3.68 40 90 1325 530 6 6
3.91 40 90 1410 564 6 6
16.64 80.00 180.00 1500 600 10 15
37.48 90.00 190.00 3120 1224 10 15
45.60 100.00 200.00 3432 1408 10 15
60.88 118.00 240.00 3775 1619 10 15
73.17 126.26 256.80 4153 1862 10 15
87.99 135.10 274.78 4568 2141 10 15
96.56 144.56 294.01 4796 2141 5 0
106.03 154.67 314.59 5036 2141 5 0
121.31 165.50 336.61 5338 2312 6 8
138.80 177.09 360.18 5659 2497 6 8
158.84 189.48 385.39 5998 2697 6 8
181.78 202.75 412.36 6358 2913 6 8
208.05 216.94 441.23 6740 3146 6 8
238.14 232.12 472.12 7144 3397 6 8
272.60 248.37 505.16 7573 3669 6 8
312.08 265.76 540.53 8027 3962 6 8
357.30 284.36 578.36 8509 4279 6 8
409.12 304.27 618.85 9019 4622 6 8
468.49 325.57 662.17 9560 4992 6 8
536.53 348.36 708.52 10134 5391 6 8
614.50 372.74 758.12 10742 5822 6 8
703.86 398.83 811.18 11386 6288 6 8
806.28 426.75 867.97 12070 6791 6 8
923.70 456.62 928.72 12794 7334 6 8
1058.30 488.59 993.73 13561 7921 6 8

4. 1212.62 522.79 1063.30 14375 8555 6 8
806.28 426.75 867.97 12070 6791 6 8
923.70 456.62 928.72 12794 7334 6 8
1058.30 488.59 993.73 13561 7921 6 8
1212.62 522.79 1063.30 14375 8555 6 8
1389.56 559.38 1137.73 15238 9239 6 8
14644.68