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The Water Transport company is considering a proposal to offer an on water-based taxi service between five Locations in and around the Fremantle and Perth. It intends to do this by the construction of five docking stations to be in the Perth City near the Barrack St Jetty, Fremantle near the E-shed markets, Point Walter, Burswood, and Ascot. They are proposing to use a total of 30 fully electric watercrafts to be used as transportation vehicles. As part of the project, a network of solar panels will be installed at various locations to minimise the reliance of sourcing power from the main electricity grid. A solar rebate will be offered by the WA government to the Water Transport company to encourage the use of renewable energy. The water transport vehicles can carry up to 25 passengers. A normal commute in peak hour traffic can take up to 45mins will be reduced to between 10 15 minutes. The Water Transport company is considering a proposal to offer an on water-based taxi service between five Locations in and around the Fremantle and Perth. It intends to do this by the construction of five docking stations to be in the Perth City near the Barrack St Jetty, Fremantle near the E-shed markets, Point Walter, Burswood, and Ascot. They are proposing to use a total of 30 fully electric watercrafts to be used as transportation vehicles. As part of the project, a network of solar panels will be installed at various locations to minimise the reliance of sourcing power from the main electricity grid. A solar rebate will be offered by the WA government to the Water Transport company to encourage the use of renewable energy. The water transport vehicles can carry up to 25 passengers. A normal commute in peak hour traffic can take up to 45mins will be reduced to between 10 15 minutes.
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Calculation of the waterbased taxi fare price SN per kilometre Assumptions Interest rate 35 Loan amount 3375m 675500 x 30 20220000 Loan drawdown profile follows the typical project life cycle S curve ... View the full answer
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