Public private partnership model for sustainable bus rapid transit system in Ahmedabad, India

Sarkar, Debasis; Sheth, Anal

doi:10.1080/15623599.2021.1966579

Cited by 5 publications

(3 citation statements)

References 26 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The analysis is then presented, including the computation of the social benefit-cost ratio. Many researchers consider a 12% discount rate a standard percentage, including Ranganath and Sarkar (2021), Sarkar and Sheth (2021). A life cycle of 25 years is a common practice in BRTS projects (Sarkar and Sheth, 2021).…”

Section: Methodsmentioning

confidence: 99%

“…Although the electricity grid is currently supplied by a mix of thermal and renewable energy, the cost of future power is based on captive solar power plant generation. In order to account for the solar power plant size and cost required for the e-BRTS fleet (88 buses), the city's insolation level is assumed to be 5.8 kW/sq.m./day (Ranganath and Sarkar, 2021;Sarkar and Sheth, 2021). The required energy and system size is calculated as follows.…”

Section: Costs Estimations (A)mentioning

confidence: 99%

See 1 more Smart Citation

Social Benefit-Cost Analysis for Electric BRTS in Ahmedabad

Sarkar¹,

Sheth²,

Ranganath³

2023

IJTech

View full text Add to dashboard Cite

This research aims to develop a social benefit-cost analysis model for the feasibility assessment of the proposed electric bus rapid transit system project in Ahmedabad, India. An attempt has been made to indicate that the electric bus locomotion, which has a high potential for improving environmental impact can be considered sustainable for urban conglomeration. The realization of sustainable transportation projects is frequently hampered due to the high weightage associated with the financial dimension and somewhat negligence of environmental and social dimensions of the transportation system in the project appraisal process. Therefore, a quantitative analysis of the electric bus transportation system in an urban context was conducted, considering the three major dimensions of sustainability such as economic, environmental, and social. The evaluation was carried out using the present worth analysis of various benefits and costs associated with the implementation of the electric bus rapid transit system in the city. The outcome, as indicated by the value of social benefit-cost ratio, illustrates that such a project can be positively justified from the point of view of the benefits gained by the society as well as profitable returns and value addition of infrastructure investment in the long run. The research contributes by validating that social benefit-cost analysis can be used to evaluate sustainable transportation system appraisals in order to make their realization more favorable.

show abstract

Section: Methodsmentioning

confidence: 99%

Section: Costs Estimations (A)mentioning

confidence: 99%

Social Benefit-Cost Analysis for Electric BRTS in Ahmedabad

Sarkar¹,

Sheth²,

Ranganath³

2023

IJTech

View full text Add to dashboard Cite

show abstract

“…Authors applied MCDM techniques like analytical network process for bid evaluation. Furthermore, Sarkar and Sheth (2021) were the main proponents to work on sustainable mass rapid transit systems. Authors proposed a sustainable PPP model for bus rapid transit system for Ahmedabad, India.…”

Section: Literature Reviewmentioning

confidence: 99%

Development and techno-economic analysis of hybrid annuity model for highway projects of India

Sarkar,

Bhatt

2023

Journal of Strategic Contracting and Negotiation

Self Cite

View full text Add to dashboard Cite

The hybrid annuity model is relatively new in the Indian economy as the private investors are still reluctant to adopt this public–private partnership model. This paper aims at developing and proposing a suitable hybrid annuity model for a highway project in Gujarat, India. A detailed financial analysis has been carried out to compute the net present value and internal rate of return. It has been observed that the breakeven and payback period is obtained after about 8 to 9 years. The corresponding net present value is about 28.253 million Indian rupee. The corresponding internal rate of return as observed from the analysis is about 20%. Thereby, the HAM model has been found to be techno-economically suitable and feasible for the development of new highways in Indian subcontinent particularly in the stretches of low traffic density.

show abstract