Evaluatıon of Toll Traffıc Revenue based on VOC and VOT Method on Bengaluru – Mysuru Natıonal Hıghway (NH-275)

Abstract

Through this project report intend to bring about an economical analysis of BengaluruMysuru Expressway (NH-275) which is a stretch of 117km, constructed under Bharatmala Pariyojana (BMP) phase -1. For this economical analysis of Traffic Characteristics various study were performed. Using the studied data various estimations like liner regression method were performed for Traffic forecast (future Traffic), by traffic volume count data Average Daily Traffic (ADT) and Annual Average Daily Traffic (AADT) were considered. Estimation of Value of Time (VOT) by empirical method and evaluation of Vehicle Operating Cost (VOC) by Portuguese Road User Cost (RUC) model were used to Comparing of Toll price with VOT (Value of Time) and VOC (Vehicle Operating Cost). Revenue and Expenses from toll plaza were calculated and arrived that the company would gain profit. For the estimation of Traffic forecasting we had to study liner regression method. All the calculation made are approximate and not exact.