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Gujarat Infrastructure

Development Board (GIDB)

The Trend of Economy in Gujarat


January-2010

Source : CMIE - i3
Gujarat –Key indicators

Value
Particular Unit India Gujarat
Area Sq. Km 32,87,240 1,96,024
Population (Mn) 1028.7 50.67

Urban Population (% to total) 27.81 37.36


Literacy rate % 64.84 69.14
Per Capita Consumption of Electricity (2007-08) kwh 441.1 785.7
Per’000 Sq.
km of
Railway (2007-08) area 19.25 27.18

Traffic Handled at Major port (2008-09) Growth (%) 2.16 11.25


Vehicle Density per Sq. Km. 22 36
Tele-density per ’00 population
Nos. 8.95 10.66

Source : CMIE & Socio Economic Review 2008-09


Economic performance

Gujarat
Gross Domestic Product :- Unit India Gujarat

GDP Growth (2007-2008) % 9.01 12.79


Services 43.38
GDP Growth (2002-2008) % 8 11.16

GDP Growth Sector Wise


(2002-2008)
Industry 40.42
Agriculture & Allied % 2.76 9.16

Industry % 9 12.67
Agriculture 16.20
Service % 9.6 10.61

Per Capita Income at 0.00 10.00 20.00 30.00 40.00 50.00


Current Price ( 2007-2008) Rs. 33,283 45,773

Composition of GSDP as per


Sector wise Growth Economic Activity 2007-2008
Source : CMIE & Socio Economic Review 2008-09
Economic performance Contd.. - Gujarat
Achievement Growth Percentage

April-October April-October

Particular Unit 2008-2009 2009-2010 2008-2009 2009-2010

Power :- Gross Generation Mln. KwH 31,575.45 36,546.63 -7.15 15.74

Hydro Mln. KwH 1,838.53 1,781.94 -53.5 -3.08

Thermal Mln. KwH 28,837.77 34,117.88 -0.33 18.31

Nuclear Mln. KwH 8,99.15 646.81 -19.66 -28.06

Port :-

Traffic at Kandla port (' 000 Tonnes) 43,476 46,234 19.11 6.34

Civil Aviation

a) Domestic Passenger (' 000 Nos.) 1,563 1,906 -11.3 21.9

b) International Passenger (' 000 Nos.) 326 416 10.01 27.47

c) Total Cargo handled Tonnes 16,527 13,287 1.88 -16.34

Telecommunication

Addition in cellular connection (' 000 Nos.) 3,293 3,967 28 20


Source :- CMIE
Investment Updates

Gujarat holds 11.9%share in the all-India investments


¾ Gujarat had the highest value of investments in India at the end of the
December 2009 quarter. According to CMIE’s CapEx database as of 27 January
2010, Gujarat’s share in the all-India investments stood at 11.9 per cent.

¾ Outstanding investments in Gujarat stood at Rs.11,76,375 crore, up by 3.6 per


cent on a quarterly basis at the end of the December 2009 quarter.

¾ According to CMIE’s CapEx database, projects worth Rs.76,476.21


crore are expected to be completed by March 2011.

Source :- CMIE
Gujarat : Sector wise Distribution of investments as of
December 2009 quarter

Real Estate
12%
Manufacturing
irrigation 26% Manufacturing
3%
Mining
Services Electricity
19% Mining
Services
1%
irrigation
Real Estate
Electricity
39%

Source :- CMIE
Power Sector
z Power generation projected to increase by 10.9% in 2010-11
z Power generation is expected to grow by 10.9 per cent in 2010-11. This is based on our
expectation that thermal generation, which accounts for roughly 94 per cent of total
generation, will increase by 10.4 per cent.

z Thermal generation is expected to grow by 14.9 per cent in 2009-10. The state has
witnessed capacity additions up to 1,958 mw by December 2009.

z During the period April-November 2009, thermal generation reported a growth of 18.4 per
cent. Capacity additions of up to 580 mw are scheduled to take place in the March ending
2010 quarter.

z The projects to be completed are:

• The Mundra TPS Phase-1 is scheduled to begin commercial production by January


2010. Unit-1 of 330 mw has already started commercial production. The project entails
an investment outlay of Rs.2,280 crore.

• Mangrol Power project Phase-2 is programmed to begin commercial production of


both its units by April 2010. The project entails an investment of Rs.1,446 crore and
will add a capacity of 250 mw to the existing plant.

Source :- CMIE
Power sector contd..

z With further capacity additions in 2010-11, we expect thermal output to increase


further. The thermal power sector is likely to add capacity amounting to 1,710
mw by the end of March 2011.

• The Rs.1,152 crore Hazira gas-based power project will start commercial production by
August 2010. The project will add a capacity of 350 mw on completion with one gas
turbine (GT) of 222 mw and one steam turbine (ST) of 128 mw.

• Adani Power Ltd’s Mundra SEZ Thermal power project Phase-2 is expected to
commence commercial production of both its units by May 2010. This project will add a
capacity of 660 mw to the already existing plants. The project entails an investment
outlay of Rs.2,070 crore.

• GSPC Pipavav Power Co. Ltd. will complete its Pipavav Gas-based Power Project by
January 2011. The project will install two units of 350 mw each at a total cost of
Rs.2,498 crore. Unit- 1 is expected to begin commercial operations by December 2010
and Unit-2 by March 2011.

Source :- CMIE
Power sector contd..

¾ We expect hydel power output to increase by 10.3 per cent, based on the assumption that rainfall
will be normal. Hydel power is estimated to decline by 11.8 per cent in 2009-10. The hydro power
sector will not witness any capacity additions in the fiscal 2010-11.

¾ Nuclear power generation is projected to grow by 53.1 per cent in 2010-11. This is partially due to
a low base effect. Nuclear generation is anticipated to decline by 16 per cent in 2009-10, as
uranium supply in the state has been inadequate.

¾ GERC raises wind power purchase tariff

z Gujarat Electricity Regulatory Commission (GERC) has increased the tariff to purchase
power from wind energy sources from Rs.3.37 per unit to Rs.3.56 per unit.

z The tariff will remain constant for a period of 25 years and will be applicable to wind power
projects commissioning in the state for a period of three years from 11 August 2009. This
was done in order to attract project developers to invest in wind power projects. The state
has a potential to generate 10,645 mw of wind power. Source :- CMIE
Port Sector

¾ Kandla Port traffic grows by 8.3% y-o-y

Traffic handled by the Kandla Port rose by 8.3 per cent y-o-y in November 2009. This was on
account of a 10.2 per cent rise in imports, complemented by a 4.8 per cent growth in exports.

Kandla port’s share in the total traffic among the 12 major ports in India stood at 14.7 per cent.

¾ 17 private ports handle 942.8 lakh tonnes of cargo

The 17 operational private ports in Gujarat handled 942.8 lakh tonnes of cargo during April-
September 2009.The Growth in traffic at these ports can be attributed to their efficiency and
competitive pricing policy .

¾ Outstanding investments in port projects stood at Rs.82,613 crore by 21 January 2010

Source :- CMIE
Road Sector
¾ One new project in road infrastructure

Surat Municipal Corporation (SMC) will construct Rajmarg Elevator Road Project in January 2010.
The project entails an investment of Rs.75 crore.

Updates on existing projects are as follows:

¾ National Highways Authority of India’s (NHAI) Four-Laning Ahmadabad-Godhra Highway Project


received approval from the Cabinet Committee on Infrastructure (CCI). The length of the highway is
117.6 km and it will be built at a cost of Rs.1,008 crore. The project was announced in August 2009
under Phase-3 of the National Highway Development Programme (NHDP).

¾ NHAI has invited bids for its Jetpur-Somnath Four-Laning Highway Project. The project entails an
investment of Rs.813 crore and will cover a distance of 127 km. • The CCI has given approval to
distance of 56.16 km, at an investment of Rs.805 crore.

¾ NHAI’s Garamore-Gagodhar NH-8A Project is expected to be ready by June 2010. The project
has an investment outlay of Rs.474.5 crore, and will be developed in two Sections. The first
section will cover a distance of 36.3 km and the second will be of 54 km.

¾ Outstanding investments in the road sector stood at Rs.24,397 crore by 21 January 2009.

Source :- CMIE
Civil Aviation

¾ Air passenger traffic grows by 45.3% y-o-y

¾ Air passenger traffic rose by a sharp 45.3 per cent in October 2009. This was led by a steep rise
in domestic and international passenger traffic. Domestic and international passenger traffic rose
by 45.9 per cent and 42.6 per cent, respectively, on a yearly basis.

¾ Passenger traffic rose by 22.2 per cent on a monthly basis in October 2009. With festivals like
Diwali, Lili Parikrama and Kutch of Rannotsav taking place in October, passenger traffic reported
a surge.

¾ Air cargo traffic c declined by 11.9 per cent in October 2009. However on a monthly basis, cargo
traffic rose by 6.5 per cent, the highest in the last 11 months.

¾ Airports Authority of India’s (AAI) Rs.122 crore Ahmadabad Terminal Building Project Phase-1 will
be completed by March 2010.

¾ Outstanding investments stood at Rs.11,669 crore as of 21 January 2010.

Source :- CMIE
Agriculture
Crop production projected to grow by 13.5%
¾ Crop production is estimated to grow by 13.5 per cent y-o-y in 2010-11. Production of oilseeds,
cereals and f-bres, which together account for 45 per cent of the total Agricultural output is
expected to surge.
¾ We estimate that the production in 2009-10 will decline by 5.7 per cent, due to the erratic
monsoon in 2009.
NABARD projects Rs.31,607 crore credit outlay for Gujarat
¾ National Bank of Agriculture and Rural Development (NABARD) has projected a credit outlay of
Rs.31,607 crore for Gujarat in the 2010-11 fiscal.
¾ NABARD’s state focus paper 2010-11 noted that Gujarat recorded an annual growth rate of 10.4
per cent during the 10th Plan period. According to the report, adequate infrastructure and
support services provided by the state and efforts undertaken by the banks in credit
disbursal led to the high growth.

1,700 tribals get forest land for cultivation


¾ Three hundred and eighty nine hectares of agricultural land will come under cultivation soon, as
1,700 tribals located in the Hafeshwar village, Vadodara, have been allotted land for cultivation
under the Scheduled Tribes and Other Forest Dwellers Act 2005.
¾ The tribals were given this land during the Garib Kalyan Mela organized by the Gujarat
government.
Source :- CMIE

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