presentation il and fs
TRANSCRIPT
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Presented By: Surabhi Goyal
Sourabh Mishra
IL&FS Transportation Networks Limited
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Introduction:
IL&FS Transportation Networks Ltd. (ITNL) is an established ISO9000:2001 surface transportation infrastructure company, and is one
of the largest private sector BOT road operators in India.
In November 2000, IL&FS incorporated IL&FS TransportationNetworks Limited (ITNL) in order to pursue various new project
initiatives in the area of Surface Transport.
IL&FS has domiciled its transport sector investments and resources
in this company and now represents itself in this sector through
ITNL
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ITNL has been involved in the development and implementation of
projects related to Highways, Flyovers, Bridges and Roads across
the country.
These projects, both at cash generation stage and/or at construction
stage, have been benchmarked to meet international standards in
terms of technology and facilities.
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Activity Profile:
The key business activity is the development, implementation,
operation and maintenance of surface transport infrastructure
projects.
1.Project Development and Implementation
ITNL performs a range of project development activities from the
conceptualization of projects to commissioning and commencement
of commercial operations. These activities include the following:
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Business development and finding opportunities to participate in
competitive bidding for new projects,
Evaluation and preparation of bids,
Assessment of estimated project costs,
Applications for pre-qualifications and tenders,
Preparation of structural and other designs,
SPV formation and arranging financing for the project,
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2.Business Development and Internal Co-ordination
ITNL has an internally well-regulated management policy governingour strategy on bidding for projects. The management sets overall
strategy with respect to the procurement, development and operation
of our projects
3.Construction
The construction phase of a toll or annuity road project begins after
financial closure is achieved. The concession agreements often contain
incentives for early completion of a project. The construction phase of
a project often takes between 15 months and three years to becompleted. Its concessions typically range from a period of 11 to 32
years, after which they are transferred to the concessioning authority.
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4.Operation and Maintenance
ITNL has project implementation teams located on all Project sites tomonitor the roads for maintenance, upkeep and operations services, as
well as user and emergency services. These services are provided
through facilities owned by ITNL and also by sub-contracting some
services to specialist companies. ITNL considers the relative
efficiencies of self-sourcing and outsourcing for each required servicewhen making their sourcing decisions.
5.Tolling
Toll collection systems
ITNL typically uses automated toll collection systems at their toll
plazas and the level of automation at the toll plazas are designed
based on the type of traffic and volume at the toll plazas.7
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The technology used for automation of their toll plazas is generally
scalable and adaptable to the changing requirements. It also help increating an audit trail for reconciliation of revenue collection and in
achieving efficiency in the manpower required at the toll plazas
6.U
ser Fees
The user fees that ITNL charges the users of their toll roads are set
according to the user fee notification provided as part of the
concession agreements. The user fee is typically increased at
scheduled intervals, sometimes by reference to certain indices. Theuser fee also varies depending on the type of vehicle.
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Government Involvement
Policy Initiatives
The Government has allowed 100 per cent FDI under the automatic
route in all road development projects.
Investors in identified highway projects permitted to now recover
investment by way of collection of tolls for specified sections and
periods.
The government has also announced an increase from US$ 100million to US$ 500 million in the overseas borrowing amount for the
infrastructure sectors.
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In BOT projects entrepreneur are allowed to collect and retain tolls
Duty free import of specified modern high capacity equipment for
highway construction
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Training & Development
Given that Public Private Partnerships (PPPs) for infrastructure
creation can extend for long periods of time and involve complex
financial, risk and performance arrangements, it is essential that the
public sector and the lenders have commensurate skills to the private
sector to ensure value for the government and other stakeholders.
ITNL is committed to enhancing the understanding of Infrastructure
Development and Financing across the stakeholder community.
Various State and Central Government bodies and agencies, including
banking institutions, regularly invite ITNL to hold symposiums andworkshops on development of infrastructure on a commercial format.
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Completed Projects
North Karnataka Expressway (Belgaum Maharashtra Border Road)
West Gujarat Expressway (Jetpur Rajkot Gondal Road)
NOIDA Toll Bridge
Nagpur City Bus Project Thiruvananthapuram City Roads (Phase I)
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THANK YOU
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