HDM-4

HIGHWAY DEVELOPMENT & MANAGEMENT

Economic Analysis Summary
Study Name: MPRDC ADB
Run Date: 30-06-2020

This report shows total economic benefits using the following:

Currency: INR (millions).
Discount rate: 12.00%.
Analysis Mode: Analysis-by-Section

Section: 04A. Padmi Salva Road (Scenario-I)

Alternative: Upgrading vs Base Alternative

Savings in MT Savings in Net

Increase in Road Agency Costs Reduction Net
Savings in MT Travel NMT Travel Economic
in Accident Exogenous
VOC Time Costs & Operating Benefits
Capital Recurrent Special Costs Benefits
Costs (NPV)
Undiscounted 1,643.91 135.27 0.00 5,119.29 2,048.55 114.54 0.00 0.00 5,503.21
Discounted 1,280.99 45.99 0.00 1,293.99 532.07 28.93 0.00 0.00 528.01

Economic Internal Rate of Return (EIRR) = 16.8% (No. of solutions = 1)

Section: 04B. Padmi Salva Road (Scenario-II)

Alternative: Upgrading vs Base Alternative

Savings in MT Savings in Net

Increase in Road Agency Costs Reduction Net
Savings in MT Travel NMT Travel Economic
in Accident Exogenous
VOC Time Costs & Operating Benefits
Capital Recurrent Special Costs Benefits
Costs (NPV)
Undiscounted 1,800.89 135.27 0.00 5,119.29 2,048.55 114.54 0.00 0.00 5,346.23
Discounted 1,451.23 45.99 0.00 1,293.99 532.07 28.93 0.00 0.00 357.76

Economic Internal Rate of Return (EIRR) = 14.9% (No. of solutions = 1)

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Section: 04C. Padmi Salva Road (Scenario-III)

Alternative: Upgrading vs Base Alternative

Savings in MT Savings in Net

Increase in Road Agency Costs Reduction Net
Savings in MT Travel NMT Travel Economic
in Accident Exogenous
VOC Time Costs & Operating Benefits
Capital Recurrent Special Costs Benefits
Costs (NPV)
Undiscounted 1,643.91 135.27 0.00 5,094.11 2,007.86 113.24 0.00 0.00 5,436.03
Discounted 1,280.99 45.99 0.00 1,284.07 521.24 28.15 0.00 0.00 506.49

Economic Internal Rate of Return (EIRR) = 16.6% (No. of solutions = 1)

Section: 04D. Padmi Salva Road (Scenario-IV)

Alternative: Upgrading vs Base Alternative

Savings in MT Savings in Net

Increase in Road Agency Costs Reduction Net
Savings in MT Travel NMT Travel Economic
in Accident Exogenous
VOC Time Costs & Operating Benefits
Capital Recurrent Special Costs Benefits
Costs (NPV)
Undiscounted 1,800.89 135.27 0.00 5,094.11 2,007.86 113.24 0.00 0.00 5,279.05
Discounted 1,451.23 45.99 0.00 1,284.07 521.24 28.15 0.00 0.00 336.24

Economic Internal Rate of Return (EIRR) = 14.7% (No. of solutions = 1)

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Section: 04E. Padmi Salva Road (Scenario-V)

Alternative: Upgrading vs Base Alternative

Savings in MT Savings in Net

Increase in Road Agency Costs Reduction Net
Savings in MT Travel NMT Travel Economic
in Accident Exogenous
VOC Time Costs & Operating Benefits
Capital Recurrent Special Costs Benefits
Costs (NPV)
Undiscounted 1,491.29 135.26 0.00 5,014.52 1,998.81 113.21 0.00 0.00 5,499.99
Discounted 1,240.97 45.99 0.00 1,209.97 492.41 27.80 0.00 0.00 443.22

Economic Internal Rate of Return (EIRR) = 15.8% (No. of solutions = 1)

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