development of a composite logistics hub a public private participation initiative by govt. of...
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Development of a Composite Logistics Hub
A Public Private Participation initiative by
Govt. Of Madhya Pradesh
A FIRST OF ITS KIND
MULTIMODAL LOGISITCS HUB
IN INDIA
TAKEN UP
BY MP MANDI BOARD
RAIL TERMINAL,ICD,CFS,WAREHOUSING ZONE,COLD STORAGE, AGRI PROCESSING ZONE
Overview and Pre-Award
Overview (1)
Short Description
Setting up Composite Logistics Hub at Powarkheda, Distt. Hoshangabad
Implementing Agency
MP State Agricultural Marketing Board (Mandi Board)
Line Department
Agriculture Department
Location •Powarkheda, Distt. Hoshangabad (between NH 69 & Delhi-Mumbai rly line next to Powarkheda rly stn, 6.5 km from Itarsi rly stn)
•Well-connected:– NH 69 for North-
South– NH 12 for East
Area 115 acres land
Concession Period
33 years, extendable by 15 years
Beneficiary of the project:
Project Influence Area (PIA) : Hoshangabad, Betul, Harda, Sehore, Bhopal, Raisen
Cargoes: Wheat, Rice, Soya Bean, DOC, Horticulture produce, Industrial Products
• All services under one roof to entire logistics chain • Mandi for sale of produce• Warehouses for storage - WDRA
approved • Modern logistics support
services• Export / Import facility • Storage for perishable / high
value produces• Value addition for the produces• Reduction in losses
Farmers Point of view
Benefits from the Project
• Facility will catalyze the development of the area• Employment Generation• Attract investments by way of
ancillary facilities• Value enhancement to the
farmers• Encourage farmers to grow
horticulture crops due to cold storage
• De-congestion of city of Itarsi from truck movement
Social point of view
Dedicated marketing Facilities for Farmers
Negotiable Warehouse Receipts
Wholesale Market / Mandi to be operated by Mandi Board
Inland Container Terminal Bulk Terminal Railway Siding & Trucking Hub
State of the Art Warehousing FCI Facility with Modern Double Deep/Multiple Layer Stacking Cold Storage
State of the Art Processing Facilities
Procurement
Logistics & Transport
Marketing
Storage
Processing & Value Addition
Farm
to F
ork
Inte
grat
ion
Empowering the Farmer, right to sell when and where he wants to
State of the art warehousing for PIA to reduce menace of wastage
Better & Higher Prices to farmers, access to processing, Logistics industry
Value Addition & Processing integration with procurement
End to End Integration with Dedicated Logistics & Transport Infrastructure
Dedicated marketing Facilities for Farmers
Negotiable Warehouse Receipts
Wholesale Market / Mandi to be operated by Mandi Board
Inland Container Terminal Bulk Terminal Railway Siding & Trucking Hub
State of the Art Warehousing FCI Facility with Modern Double Deep/Multiple Layer Stacking Cold Storage
State of the Art Processing Facilities
Procurement
Logistics & Transport
Marketing
Storage
Processing & Value Addition
Farm
to F
ork
Inte
grat
ion
Empowering the Farmer, right to sell when and where he wants to
State of the art warehousing for PIA to reduce menace of wastage
Better & Higher Prices to farmers, access to processing, Logistics industry
Value Addition & Processing integration with procurement
End to End Integration with Dedicated Logistics & Transport Infrastructure
Benefits
PPP Mode DBFOT
Estimated Cost Rs. 138.50 crs.
Construction period
•3 years for minimum facilities (COD)•7 years for completion
IRR •20.70% (post-adjustment of cash flow to rly for revenue sharing)
Overview (2)
Bid Process • 2-Stage
1st RfQ • Issued 01.12.2009• No response• Stringent criteria, no
qualifiers
2nd RfQ • Issued 04.03.2011• Opened 30.03.2011• 13 RfQs recd / 12
short-listed
RfP • Issued 16.05.2011• Opened 14.07.2011
Concession signed 24.10.2011
Substitution Agreement signed 11.10.2012 with lead bank
Bidding Parameter Highest Premium
Winning Bidder
Kesar MultiModal Logistics Ltd., Mumbai (Consortium of Kesar Terminal & Infrastructure Ltd with Kesar Enterprises Ltd)
Winning Bid
• Rs. 12.78 crs. • To be paid in 10 equal yearly
instalments w.e.f. Fin Close so that PV of instalment @12% discounting is same as 1/10th of quoted premium based on formula
Cfn = Cq x (1+r)n-1
- Cfn : Premium to be paid in nth year
- Cq : Original quoted premium instalment
- n : Year of cash flow- r : Discount Rate (12%)
Procurement (2)
S. No.
Amount (Rs. Crs)
Status
1 1,27,80,000
Paid2 1,43,13,600
3 1,60,31,232
4 1,79,54,980
5 2,01,09,577
Future Payments
6 2,25,22,727
7 2,52,25,454
8 2,82,52,508
9 3,16,42,809
10 3,54,39,947
22,42,72,834 Grand Total
Bid Highlights Annual Concession Premium
• Railway siding/private freight terminal
• CFS/ICD • Warehouse for agro and industrial
cargo (Bulk, Bonded, transit etc.) • Cold Storage • Processing Facility• Value add services area
Conceptual Scope of Work (1)
Development by Concessionaire (88.3 acres)
Development by Govt Agencies (26.7 acres)
• Wholesale market for agriculture and horticulture (developed by Mandi Board)
• Warehousing Facilities (developed by MP Warehousing & Logistics Corp as National Storage Reserve)
Post-Award
Approvals AccordedS. No. Purpose Agency Date
1 Master Plan Mandi Board 24-12-12
2 Railway Siding GM-Western Railway 18-12-12
3 Pollution MP Pollution Control Board 18-09-12
4 ICD Inter-Ministerial Committee, GoI 19-12-12
Particulars Agency Amount
Financial Closure Consortium of Banks 148.67
Debt : Equity ratio 2 : 1
Financing Scheme
Project Progress
Construction Progress
Details Total (7 years) Minimum as per CA (3 yrs)
Actual
COD 21-04-15 20-04-15
Warehouse & Bulk Terminal
47,500 sq. mt.
15,000 sq. mt.
15,127 sq. mt. complete + 8,125 sq. mt. up to plinth
Transit & Bonded Warehouse
1,946 sq. mt. 1,076 sq. mt. 1,375 sq. mt.
Railway Lines 3 nos. 2 nos. 3 nos.
Cold Storage 3,000 sq. mt. 600 sq. mt. 3,600 sq. mt.
Paved Area 72,817 sq. mt. 28,200 sq. mt. 28,449 sq. mt.
Weigh Bridges 2 Nil 2 nos.
Common Facilities 87,703 sq. mt. 51,142 sq. mt. 55,638 sq. mt.
Highlights
COD expectedDue to time taking Railway /CRS approvals and Delays from Railway side due to accidents at Itarsi and Harda. Planned COD could not be achieved as railway siding could not be commissioned. However all other facilities were ready and commissioned on 20th April 2015.
30th Sept 2015
Inauguration on 30/05/2015
Inauguration on 30/05/2015
Inauguration on 30/05/2015
Project Photographs as on 30/08/2015
Site Office
Admin Building
ICD Warehouse
Container Yard at ICD
Warehouse-3 (3000 Sq.Mtr Agri Warehouse) Front View
Warehouse-3 (3000 Sqm) view of Tremix Flooring
Warehouse-4 (3600 Sq.Mtr Agri Warehouse) Front View
Warehouse-4 (3600 Sqm Agri Warehouse) Inside View
Rail Warehouse no. 1 – 8125 Sqm
Rail Yard for Line 1 and Line 2
Rail Connectivity on Bhopal end
Track Linking for 3rd Railway Line
Track Linking works in Railway Premises
Cold Storage (3600 Sqm)
Trunk Road from NH to Rail Yard
Thank You
Logistics Park :
Park (ing) PPPs firmly in MP