Himachal Pradesh Sub-Tropical Horticulture, Irrigation and Value Addition

Project Cost Estimate

Sr. No.	Project Components	Project		Beneficiaries		TOTAL COST
Sr. No.	Project Components	INR cr	Million USD	INR cr	Million USD	INR cr	Million USD
1	Output 1	297.81	37.5	-	-	297.81	37.5
1.1	Rehabilitate and Construct Irrigation Scheme	-	-	-	-	-
1.1.1	"For first 4,000 ha"	247.81	31.21	-	-	247.81	31.21
1.1.2	"For next 2,000 ha"	50	6.3	-	-	50	6.3
2	Output 2	673.24	84.78	447.21	56.32	1,120.45	141.1
2.1	Horticulture Plantation			-	-
2.1.1	Land Preparation	111.99	14.1	-	-	111.99	14.1
2.1.2	Planting Material	82.39	10.28	-	-	82.39	10.28
2.1.3	Mulching			42	5.29	42	5.29
2.1.4	Drip Irrigation	227.72	28.68	-	-	227.72	28.68
2.1.5	Horticulture Input	32.1	4.04	48.15	6.06	80.25	10.11
2.1.6	Horticulture Tools	17.04	2.15	25.56	3.22	42.6	5.36
2.1.7	Solar Fencing	177.72	22.38	-	-	177.72	22.38
2.1.8	Labour			330	41.56	330	41.56
2.2	GIS Land Mapping	2	0.25	-	-	2	0.25
2.3	Digital Agri Services	2.25	0.28	1.5	0.19	3.75	0.47
2.4	Capacity Building of DOH and JSV	1.8	0.23	-	-	1.8	0.23
2.5	Capacity Building of farmer of CHPMA and WUA	9.22	1.16	-	-	9.22	1.16
2.6	IEC Material	2.5	0.31	-	-	2.5	0.31
2.7	Capacity Building on Safeguards	0.5	0.06	-	-	0.5	0.06
2.8	Training on Intercropping & Beekeeping			-	-
2.9	Training on Organic Fertilizer Production and sales	0.87	0.11	-	-	0.87	0.11
2.1	Nursery Development and Training	1.75	0.22	-	-	1.75	0.22
2.11	"Consultancy for research and study on climate resilient crops climate vulnerability PoP refinement & leveraging carbon credit"	2.9	0.37	-	-	4.5	0.6
3	Output 3	69.98	8.81	4.79	0.6	74.76	9.41
3.1	Value Chain Infrastructure
3.1.1	Collection Centre	19.15	2.41	4.79	0.6	23.94	3.01
3.1.2	Integrated Facility Centre			-	-
3.1.3	Upgrading Processing Unit	12	1.51	-	-	12	1.6
3.1.4	New Processing Unit			-	-	-	-
3.2	Formation of Apex Body and Training for CHPMA Societies	21.42	2.7	-	-	21.42	2.7
3.3	Market Development and Promotion by APEX body	3.9	0.49	-	-	3.9	0.49
3.4	Establishment of Incubation and Training Centre (Centre of Excellence)	13.5	1.7	-	-	13.5	1.7
4	Project Management	209.15	26.34	-	-	209.15	26.34
4.1	PMU Administrative Cost			-	-
4.1.1	PMU	12	1.51	-	-	12	1.51
4.1.2	PIU - DOH	1.2	0.15	-	-	1.2	0.15
4.1.3	PIU - JSV	28.13	3.54	-	-	28.13	3.54
4.1.4	DIU - DOH	88.44	11.14	-	-	88.44	11.14
4.1.5	"Recurring Operating Expenses (office maintenance,travel,visit, etc.)"	40.19	5.06	-	-	40.19	5.06
4.2	PMU Independent Consultants	3.6	0.45	-	-	3.6	0.45
4.3	Consultancy Packages			-	-	-	-
4.3.1	"Project Design Consulting for additional 2,000 ha."	4	0.5	-	-	4	0.5
4.3.2	Construction Supervision	15	1.89	-	-	15	1.89
4.3.3	Project Implementation and Support	8	1.01	-	-	8	1.01
4.3.4	"CHPMA,WUA formation & Capacity Building"	4	0.5	-	-	4	0.5
4.3.5	APEX Business Capacity Building	4	0.5	-	-	4	0.5
4.3.6	Internal Audit Services	0.6	0.08	-	-	0.6	0.08
	Total Project Cost	1249.68	157.37	452	56.92	"1,701.68"	214.29
	Contingencies	41.03	5.17			41.03	5.17
-	Physical	24.83	3.13	-	-	24.83	3.13
-	Prices	16.2	2.04	-	-	16.2	2.04
	Financial Charges during implementation	1.54	0.19			1.54	0.19
-	Commitment Charges	1.54	0.19	-	-	1.54	0.19
		Project Cost (Govt. + ADB)		Beneficiaries Contribution		Overall Project Cost
	TOTAL PROJECT COST	1,292	163	452	57	1,744	220

Currency Exchange Rate 1 USD – INR 79.4098

Project IRR – 16.06%

Means of Financing

Out of the total Project cost 80% shall be contributed by ADB in the form of loan. The State Government shall have a 20% share.

Financing Plan
Source	Project Loan ( INR crore)	Project Loan (million US$)	Share (%)
Asian Development Bank	1030	130	80%
Government of Himachal Pradesh	262	33	20%
Total	1292	163	100%