Project Financing

jut out Financing - A Case hit the books on Coimbatore avoid Road Project Dr.Hiren Maniar 1 stage setting of Project: Coimbatore is a prosperous and industrial city of Tamil Nadu, is hale connected by matter and State highways. The National pass No.47 connecting Salem with Kanyakumari via Trissur, Ernakulam, and Thiruvananthapuram in Kerala, passes through the city. Congestion inwardly the city was causing traffic delays and so there was a shoot for a go around. The alignment traversing a length of 28 km was finalized and land for a width of 40-45 m was acquired for this point in 1974. However construction was delayed due to pretermit of funds. The Coimbatore Bypass was the first road insure to be employ in South India on BOT2 (Build, Operate and Transfer) basis. The project was a pioneering initiative, which coordinated undercover sector participation and levy of bell on users to ensure sustainability in the long run. The road ran amongst Neelambur on the Salem s ide of NH-47 Tamilnadu and in Kerala3 , Madukkarai on the Palghat side. The project involved construction of a 28-km long two-lane bypass road, the 32.2m brisk Athupalam bridge across the river Noyal, the railway overbridge at Chettipalayam Tamilnadu and the support of the aging bridge at Athupalam, all in the province of Tamilnadu. Larsen & Toubros (L&T)4 companionship L&T Transportation al-Qaeda Ltd (LTTIL), the BOT doer was authorized to collect and retain the fee from users of the newborn and erstwhile(a) Athupalam bridges. The bypass was expected to ease the traffic congestion in Coimbatore city, Tamilnadu and the Salem-Cochin national highway running between Tamilnadu and Kerala. The shippers, mostly export-oriented units relying on the 1 Dr.Hiren Maniar is working as Faculty in pay with L&T Institute of Project Management, Vadodara 2 In a typical BOT model, the government entity enters into an agreement with a private sector company to finance, design a nd build a facility at its birth cost. The! private...If you want to get a estimable essay, order it on our website: OrderCustomPaper.com

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