Airport Development Project
Airport Development Project
Airport Development Project
City Ranchi
Average Passenger Per Annum 1,000,000.00
Increase in the rate of Passenger 5%
Revenue Per Passenger
Passenger Service Fees (PSF) 150
User Development Fees 120
Common Infrastructure Charges (CIC) 90
Airport Landing Charges 95
Year No 1 2 3 4
Year 4/1/2021 4/1/2022 4/1/2023 4/1/2024
Revenue from Passenger
Passenger Service Fees (PSF) 0.00 0.00 1500.00 1575.00
User Development Fees 0.00 0.00 1200.00 1260.00
Common Infrastructure Charges (CIC) 0.00 0.00 900.00 945.00
Airport Landing Charges 0.00 0.00 950.00 997.50
Other Charges (IT, Airside Operations, Airport
Entry Pass Processing Charges, and Security
Charges) 0.00 0.00 450.00 472.50
3274.31 3438.03
2619.45 2750.42
1964.59 2062.82
2073.73 2177.42
982.29 1031.41
10914.37 11460.09
All the Numbers are in INR Lacs' Blue Colored Cells are Inputs
Project Details As
Total Project Cost 10000 Inflation 5% Debt Rate
Year No 1 2 3 4 5
Year 4/1/2021 4/1/2022 4/1/2023 4/1/2024 4/1/2025
Revenue Collection
Passenger Service Fees (PSF) 0.00 0.00 1500.00 1575.00 1653.75
User Development Fees 0.00 0.00 1200.00 1260.00 1323.00
Common Infrastructure Charges (CIC) 0.00 0.00 900.00 945.00 992.25
Airport Landing Charges 0.00 0.00 950.00 997.50 1047.38
Cashflow
Equity 3000
Assumptions
Construction
10% USD/INR 70 4/1/2020
Start Date
Construction End
0.25 Discount 10% 4/1/2022
Date
12.00 Construction 2 Years
7% MAT 18.50%
6 7 8 9 10 11
4/1/2026 4/1/2027 4/1/2028 4/1/2029 4/1/2030 4/1/2031
12 13 14 15 16 17
4/1/2032 4/1/2033 4/1/2034 4/1/2035 4/1/2036 4/1/2037
Debt Amount 7787.5 Period No. Date (EOQ) Year Payment Interest
Debt Rate 10% 1 7/1/2022 2022 280.40 194.69
Moratorium 0.25 2 9/30/2022 2022 280.40 192.54
Term 12 3 12/31/2022 2022 280.40 190.35
Payment Periods 48 4 3/31/2023 2023 280.40 188.10
Development Durat 2 5 6/30/2023 2023 280.40 185.79
6 9/30/2023 2023 280.40 183.42
One Period is One Quarter (90Days) 7 12/31/2023 2023 280.40 181.00
8 3/31/2024 2024 280.40 178.52
Starting of Develo 4/1/2020 9 6/30/2024 2024 280.40 175.97
End of Developmen 3/31/2022 10 9/30/2024 2024 280.40 173.36
COD Date 4/1/2022 11 12/31/2024 2024 280.40 170.68
First Period or Qua 7/1/2022 12 3/31/2025 2025 280.40 167.94
13 6/30/2025 2025 280.40 165.13
14 9/30/2025 2025 280.40 162.25
15 12/31/2025 2025 280.40 159.29
16 3/31/2026 2026 280.40 156.26
17 6/30/2026 2026 280.40 153.16
18 9/30/2026 2026 280.40 149.98
19 12/31/2026 2026 280.40 146.72
20 3/31/2027 2027 280.40 143.38
21 6/30/2027 2027 280.40 139.95
22 9/30/2027 2027 280.40 136.44
23 12/31/2027 2027 280.40 132.84
24 3/31/2028 2028 280.40 129.15
25 6/30/2028 2028 280.40 125.37
26 9/30/2028 2028 280.40 121.50
27 12/31/2028 2028 280.40 117.52
28 3/31/2029 2029 280.40 113.45
29 6/30/2029 2029 280.40 109.28
30 9/30/2029 2029 280.40 105.00
31 12/31/2029 2029 280.40 100.62
32 3/31/2030 2030 280.40 96.12
33 6/30/2030 2030 280.40 91.51
34 9/30/2030 2030 280.40 86.79
35 12/31/2030 2030 280.40 81.95
36 3/31/2031 2031 280.40 76.99
37 6/30/2031 2031 280.40 71.91
38 9/30/2031 2031 280.40 66.69
39 12/31/2031 2031 280.40 61.35
40 3/31/2032 2032 280.40 55.88
41 6/30/2032 2032 280.40 50.26
42 9/30/2032 2032 280.40 44.51
43 12/31/2032 2032 280.40 38.61
44 3/31/2033 2033 280.40 32.57
45 6/30/2033 2033 280.40 26.37
46 9/30/2033 2033 280.40 20.02
47 12/31/2033 2033 280.40 13.51
48 3/31/2034 2034 280.40 6.84
`
Debt Residual Date (EOQ) Int. Pmt Prin Pmt. Total Pmt
85.71 7,701.79 3/31/2023 765.68 355.91 1,121.59
87.85 7,613.94 3/31/2024 728.73 392.86 1,121.59
90.05 7,523.89 3/31/2025 687.95 433.64 1,121.59
92.30 7,431.59 3/31/2026 642.93 478.66 1,121.59
94.61 7,336.98 3/31/2027 593.24 528.35 1,121.59
96.97 7,240.01 3/31/2028 538.39 583.20 1,121.59
99.40 7,140.62 3/31/2029 477.85 643.74 1,121.59
101.88 7,038.73 3/31/2030 411.02 710.57 1,121.59
104.43 6,934.31 3/31/2031 337.25 784.34 1,121.59
107.04 6,827.27 3/31/2032 255.83 865.76 1,121.59
109.71 6,717.55 3/31/2033 165.95 955.64 1,121.59
112.46 6,605.09 3/31/2034 66.74 1,054.85 1,121.59
115.27 6,489.83
118.15 6,371.67
121.10 6,250.57
124.13 6,126.44
127.24 5,999.20
130.42 5,868.78
133.68 5,735.11
137.02 5,598.09
140.44 5,457.64
143.96 5,313.69
147.55 5,166.13
151.24 5,014.89
155.02 4,859.87
158.90 4,700.97
162.87 4,538.09
166.94 4,371.15
171.12 4,200.03
175.40 4,024.64
179.78 3,844.85
184.28 3,660.58
188.88 3,471.70
193.60 3,278.09
198.44 3,079.65
203.41 2,876.24
208.49 2,667.75
213.70 2,454.05
219.05 2,235.00
224.52 2,010.48
230.13 1,780.35
235.89 1,544.46
241.79 1,302.67
247.83 1,054.85
254.03 800.82
260.38 540.44
266.89 273.56
273.56 0.00
Total Market Value of Land 200000000
Lease Rental 2%
Increase in Land Value 5%
Lease Rental Calculation
Year 1 2 3 4 5 6 7
Annual Lease Rental 40 42 44.1 46.305 48.62025 51.05126 53.60383
8 9 10 11 12 13 14 15 16 17
56.28402 59.09822 62.05313 65.15579 68.41357 71.83425 75.42597 79.19726 83.15713 87.31498
18 19 20
91.68073 96.26477 101.078