This presentation tells about information regarding a Major Engineering Project i.e. about Statue Of Unity.
Here in this presentation I have given information of Statue of Unity whether is it cost wise Successful Project Or Not ?
this ppt is made by shrikrishna kesharwani , final year student of manit Bhopal, in this ppt i hv given information about the gatishakti scheme in brierf.
Salt Lake City is a planned satellite town in the Indian state of West Bengal. It was developed between 1958 and 1965 to accommodate the burgeoning population of Kolkata.
The Konark Sun Temple is a 13th-century Hindu temple dedicated to the Sun God. Shaped like a giant chariot, the temple is known for the exquisite stone carvings that cover the entire structure. It is the best-known tourist destination in Orissa and has been a World Heritage Site since 1984.
#architectur #history #temple #india
this ppt is made by shrikrishna kesharwani , final year student of manit Bhopal, in this ppt i hv given information about the gatishakti scheme in brierf.
Salt Lake City is a planned satellite town in the Indian state of West Bengal. It was developed between 1958 and 1965 to accommodate the burgeoning population of Kolkata.
The Konark Sun Temple is a 13th-century Hindu temple dedicated to the Sun God. Shaped like a giant chariot, the temple is known for the exquisite stone carvings that cover the entire structure. It is the best-known tourist destination in Orissa and has been a World Heritage Site since 1984.
#architectur #history #temple #india
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2. Overview
of Project :
Statue of Unity is a colossal statue of Indian statesman
and independence activist Sardar Vallabhbhai Patel.
The statue is located in the state of Gujarat, India.
It is the world's tallest statue with a height of (597 ft.)
182 meter's.
It is located on a river facing the Sardar Sarovar
Dam on the river Narmada.
3. The project was first announced in 2010 and the
construction of the statue started in October
2013 by Larsen & Toubro, with a total
construction cost of Rs 2,989 crores.
It was designed by Indian sculptor Ram V.
Sutar, and was inaugurated by Indian Prime
Minister Narendra Modi on 31 October 2018,
the 143rd anniversary of Patel's birth
4. Cost
&
Time
Analysis
Beginning date : 31 October 2013
Completion date : 30 October 2018
Opening date : 31 October 2018
It took 57 months to complete – 15 months for
planning, 40 months for construction and 2
months for handing over by the consortium.
The total cost of the project was estimated to be
about ₹2,063 crores (equivalent to ₹27 billion or
US$370 million in 2019) by the government.
5. Cost
&
Time
Analysis
• Indian infrastructure company Larsen & Toubro won the
contract on 27 October 2014 for its lowest bid of ₹2,989
crore (equivalent to ₹38 billion or US$540 million in 2019) for
the design, construction and maintenance.
• They commenced the construction on 31 October 2014.
• In the first phase of the project, ₹1,347 crore were for the main
statue, ₹235 crore for the exhibition hall and convention center,
₹83 crore for the bridge connecting the memorial to the
mainland and ₹657 crore for the maintenance of the structure for
15 years after its completion. The Sadhu Bet hillock was
flattened from 70 to 55 meter's to lay the foundation
6. Revenue
Calculation
from
performance
within 1 year
(2018-2019)
1. Union tourism minister KJ Alphons informed the house
(Lok Sabha) that the “revenue generated from visitors to
Statue of Unity from November 2018 to January 2019 is
Rs.19.47 crore,” and “the number of tourists who
visited the Statue of Unity at Kevadia in three months
from November, 2018 to January, 2019 was 7,81,349
2. The Statue of Unity has generated a revenue of ₹52.9
crores during a 9-month period from November 2018 to
July 29, 2019 , the Sardar Sarovar Narmada Nigam Ltd.
(SSNNL) told BOOM in a response to an RTI query.
7. Return
On
Investment
Return on investment by referring above slide for 1
year is approximately Rs.80 Crore by app.30 lakh
visitors.
Return on investment by considering same Rs. 80 crore
for next years from that years required to break of our
investment return is app.38 years.
But in fact 38 years are not still sufficient because of
many reasons like maintenance(after bid maintenance),
floods, dieses & in first year there is curiosity in
tourists so numbers of tourists are more as years go
number of visitors decreased.
So it take app. More that 38 years to break investment
return or in case happen at all it will not cover his
investment return.
8. Inflation
Percentage of return on investment = (80 crore /3000 crore)*100
of statue of unity
% of R.O.I. on statue of unity =2.7 %
India’s inflation rate is 5.00% and our saving account inflation
rate is 6.00%
If any return on investment is less than inflation then that thing is
in loss. so like this in case of statue of unity “R.O.I.< Inflation”
that project is in loss in terms of money.
9. Success
Or
Failure
Like the coin every thing has two sides success or failure
Success:
The statue of unity has got successful by increasing the Nations
Pride to be a home of worlds largest statue of height 182 meters.
Due statue of unity has created many new jobs related to
tourisms.
Failure:
The statue of unity has got failure because :
1. The rate on return of investment of statue of unity is less than
India's inflation rate
2.The statue of unity will take more years to recover the return on
investment
3. In first year there were curiosity in people about statue of unity
hence numbers visitors are more after they becomes average or less
But after Apr. 38 years it will clear that how much the statue of
unity is successful or failure in terms of money…..
