MBA PM Summers 2006

8/8/2019 MBA PM Summers 2006

1/30

estimated cost of generation as per CERC norms at 80% PLF

installed capacity (Kw)

PLF

project cost including IDC and financing charges (Rs millions)

project cost/kW Including IDC and financing charges (Rs millions)

annual generation ( in million Kwh)

auxillary consumption ( in million Kwh)

net energy sent out ( in million Kwh)

plant gross heat rate on LCV basis ( kCal/kWh)

annual fuel charges at (US $/MBTU)

O&M charges at Rs 8.44 lakhs/MW (Rs millions)

O &M expenses escalation

Debt

Equity

Interest rate on term loan IDC

During Operation

Depreciaton including AAD( as % of total project cost)ROE

spares( on cost without IDC and financing charges) (historical cost basis)

spares escalation

Working capital loan

Interest on working capital

receivables (months)

Repayment period (years)

Depreciation as per company act

Discounting factor

Corporate tax

MAT


2/30

1040000

80%

30925.57

29.74

7288.32

218.65 3% OF ANNUAL GENERATION

7069.67

1850

3.5

877.76 0.84 Millions/MW

4%

80%

20%

7.25%

7%

6%14%

1% 287.73 millions

6%

75%

10.25%

2

12

5.58%

12%

33.50%

7.85%


3/30

Detailed project cost estimate as on oct 2004 as given in

all figures are in

LSTK Non LSTK

preliminary investigation and site development 12.00

Land 400.00gas turbine island 25,811.17

civil works 30.00

contingency(@3% of total direct and direct costs) 774.34

external water supply system 379.35

initial spares 825.96

taxes and duties 103.25

preoperative expenses 50.00

engineering and legal expenses(@1.5%) 387.17

project cost excluding IDC and financingcosts

IDC

Financing [email protected]%

Total Project Cost including IDC and financing cost

debt 80%

equity 20%

$3,206.73


4/30

DPR CALCULATED

illions Rs.

TOTAL

12.00 0.04%

400.00 1.29%25,811.17 83.46%

30.00 0.10%

774.34 2.50%

379.35 1.23%

825.96 2.67%

103.25 0.33%

50.00 0.16%

387.17 1.25%

28,773.23 93.04% 2877323%

2,008.47 6.49% 292048%

143.87 0.47% 14387%

6.96%30,925.57 100.00% 3183758%

24,740.45 2547006%

6,185.11 636752%

diference 912.01


5/30

LNG PRICE CALCULATION

YEAR 2010-11 2011-12 2012-13 2013-14 2014-15

1 2 3 4 5

Capacity (MW) 1040 1040 1040 1040 1040

Heat Rate(in kJ/kWh) 6000 6000 6000 6000 6000

Heat Rate in kCal/kWh 1435 1435 1435 1435 1435

Gross Station Heat Rate kCal/kJ 1850 1850 1850 1850 1850

Total unit Generated /year (MU) 7288.3 7288.3 7288.3 7288.3 7288.3

Units in one MMBTU 123.5 123.5 123.5 123.5 123.5

Total MMBTU (in million) 59.0 59.0 59.0 59.0 59.0

Million dollors 206.6 210.7 215.0 219.3 223.6

Exchange Rate -Rs/US$ 46.00 46.23 46.46 46.69 46.93

LNG Cost (in million Rs) 9504.10 9742.66 9987.20 10237.88 10494.85

Annual Levellised price OF LNG (in million Rs) 11373.03

Assumption: Rupee Depreciation against US dollar 0.50%

one MMBTU is equal to 1.055 Gigajoules

Exchange rate of 1US $ 46 Rs.

LNG cost considered is US $3.5/MBTU

HCV/LCV is equal to 1.105

Annual Escalation of LNG price 2.00%


6/30

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

6 7 8 9 10 11 12 13 14

1040 1040 1040 1040 1040 1040 1040 1040 1040

6000 6000 6000 6000 6000 6000 6000 6000 6000

1435 1435 1435 1435 1435 1435 1435 1435 1435

1850 1850 1850 1850 1850 1850 1850 1850 1850

7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3

123.5 123.5 123.5 123.5 123.5 123.5 123.5 123.5 123.5

59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0

228.1 232.7 237.3 242.1 246.9 251.9 256.9 262.0 267.3

47.16 47.40 47.63 47.87 48.11 48.35 48.59 48.84 49.08

10758.27 11028.30 11305.11 11588.87 11879.75 12177.93 12483.60 12796.93 13118.14


7/30

2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33

15 16 17 18 19 20 21 22 23

1040 1040 1040 1040 1040 1040 1040 1040 1040

6000 6000 6000 6000 6000 6000 6000 6000 6000

1435 1435 1435 1435 1435 1435 1435 1435 1435

1850 1850 1850 1850 1850 1850 1850 1850 1850

7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3

123.5 123.5 123.5 123.5 123.5 123.5 123.5 123.5 123.5

59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0 59.0

272.6 278.1 283.6 289.3 295.1 301.0 307.0 313.2 319.4

49.33 49.57 49.82 50.07 50.32 50.57 50.83 51.08 51.33

13447.40 13784.93 14130.93 14485.62 14849.21 15221.92 15604.00 15995.66 16397.15


8/30

2033-34 2034-35

24 25

1040 1040

6000 6000

1435 1435

1850 1850

7288.3 7288.3

123.5 123.5

59.0 59.0

325.8 332.3

51.59 51.85

16808.71 17230.61


9/30

PHASING OF EXPENDITURE

project cost 28773.23 millions All cost are in million Rs.

IDC 7.25%

2007-08 2008-09 2009-10

1 half 2 half 1 half 2 half 1 half

Phasing of Expenditure (%) 15% 20% 40% 15% 10.00%

Phasing amount 4315.98 5754.65 11509.29 4315.98 2877.32

Debt 3452.79 4603.72 9207.43 3452.79 2301.86

Cumulative Debt 3452.79 8056.5 17263.94 20716.72 23018.58

IDC 62.58 375.49 792.7 813.56 876.14

Phasing amount including IDC 4378.57 6130.14 12301.99 5129.55 3753.47

amount available for depreciation

YEAR 2010-11 2011-12 2012-13 2013-14 2014-15

1 2 3 4 5

Loan repaymentcalculations

Loan O/s at beginning of the year ### ### ### ### ###

Repayment 2122.51 2122.51 2122.51 2122.51 2122.51

Loan O/s at end of the year ### ### ### ### ###

Interest 1708.62 1560.04 1411.47 1262.89 1114.32

Depreciation(SLM) 1910.25 1910.25 1910.25 1910.25 1910.25

AAD 2122.51 2122.51 2122.51 2122.51 2122.51

Applicable Depreciation 2122.51 2122.51 2122.51 2122.51 2122.51

Cumulative Depreciation 2122.51 4245.01 6367.52 8490.02 10612.53

Working capital

Fuel Cost for One month 792.01 811.89 832.27 853.16 874.57

O&M Expenses for one month 73.15 76.07 79.12 82.28 85.57

Spares 287.73 305 323.3 342.69 363.26

(iteration) Receivables-2 Months #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Total Working Capital #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Working Capital for Loan #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Interest on working Capital#VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Computation of tax

PBT #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Add: depr. 2122.51 2122.51 2122.51 2122.51 2122.51

PBDT #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Depreciation(as per IT) 1776.54 1776.54 1776.54 1776.54 1776.54

PBT #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Tax(@33.50%) #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

MAT(@7.85%) #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Tax payable(higher of two) #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!


10/30

2 half TOTAL

100%

28773.23

23018.58

2920.48

54712.29

28653.82

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

6 7 8 9 10 11 12 13 14

### ### ### 849002.09% 636751.57% 424501.05% 212250.52%

2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 2122.51

### ### 849002.09% 636751.57% 424501.05% 212250.52% 0

965.74 817.16 668.59 520.01 371.44 222.86 74.29

1910.25 1910.25 1910.25 1910.25 1910.25 1910.25 1910.25 1910.25 1910.25

2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 0 0

2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 1714.33 1714.33

12735.03 14857.54 16980.04 19102.55 21225.05 23347.56 25470.06 27184.39 28898.73

896.52 919.02 942.09 965.74 989.98 1014.83 1040.3 1066.41 1093.18

88.99 92.55 96.26 100.11 104.11 108.27 112.61 117.11 121.79

385.05 408.15 432.64 458.6 486.12 515.28 546.2 578.97 613.71

#VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!





2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 1714.33 1714.33


1776.54 1776.54 1776.54 1776.54 1776.54 1776.54 1776.54 1776.54 1776.54






11/30

2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33

15 16 17 18 19 20 21 22 23

1910.25 1910.3 1910.3 1910.3 1910.3 1910.3 1910.3 1910.3 1910.3

0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1714.33 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3

30613.06 32327.4 34041.7 35756.0 37470.4 39184.7 40899.0 42613.4 44327.7

1120.62 1148.7 1177.6 1207.1 1237.4 1268.5 1300.3 1333.0 1366.4

126.67 131.7 137.0 142.5 148.2 154.1 160.3 166.7 173.4

650.54 689.6 730.9 774.8 821.3 870.6 922.8 978.2 1036.9






1714.33 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3


1776.54 1776.5 1776.5 1776.5 1776.5 1776.5 1776.5 1776.5 1776.5






12/30

2033-34 2034-35

24 25

TOTAL1910.3 1910.3 47756.4

0.0 0.0 25470.1

1714.3 1714.3 47756.4

46042.0 47756.4

1400.7 1435.9

180.3 187.5

1099.1 1165.0

#VALUE! #VALUE!

#VALUE! #VALUE!

#VALUE! #VALUE!

#VALUE! #VALUE!

#VALUE! #VALUE!

1714.3 1714.3

#VALUE! #VALUE!

1776.5 1776.5

#VALUE! #VALUE!

#VALUE! #VALUE!

#VALUE! #VALUE!

#VALUE! #VALUE!


13/30

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

1 2 3 4 5 6

Income

Units sold(MU) 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7

Total Tariff (Rs.per Unit) #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Total sales Rs millions #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Expenses

Raw materials(Fuel) Rs miliions 9504.1 9742.7 9987.2 10237.9 10494.8 10758.3

O&M charges Rs miliions 877.8 912.9 949.4 987.4 1026.9 1067.9

Total expenditure Rs miliions 10381.9 10655.5 10936.6 11225.2 11521.7 11826.2

PBDIT #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Depreciation Rs miliions 2122.5 2122.5 2122.5 2122.5 2122.5 2122.5

Interest-

Term loan Rs miliions 1708.6 1560.0 1411.5 1262.9 1114.3 965.7

Working capital Rs miliions #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

PBT Rs miliions #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Tax Rs miliions #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

PAT Rs miliions #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Gross cash accruals Rs miliions #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!


14/30

2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25

7 8 9 10 11 12 13 14 15

7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7



11028.3 11305.1 11588.9 11879.7 12177.9 12483.6 12796.9 13118.1 13447.4

1110.6 1155.1 1201.3 1249.3 1299.3 1351.3 1405.3 1461.5 1520.0

12138.9 12460.2 12790.1 13129.1 13477.2 13834.9 14202.3 14579.7 14967.4


2122.5 2122.5 2122.5 2122.5 2122.5 2122.5 1714.3 1714.3 1714.3

817.2 668.6 520.0 371.4 222.9 74.3 0.0 0.0 0.0







15/30

2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34

16 17 18 19 20 21 22 23 24

7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7



13784.9 14130.9 14485.6 14849.2 15221.9 15604.0 15995.7 16397.1 16808.7

1580.8 1644.0 1709.8 1778.2 1849.3 1923.3 2000.2 2080.2 2163.4

15365.7 15775.0 16195.4 16627.4 17071.2 17527.3 17995.9 18477.4 18972.1


1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0







16/30

2034-35

25

7069.7

#VALUE!

#VALUE!

17230.6

2250.0

19480.6

#VALUE!

1714.3

0.0

#VALUE!

#VALUE!

#VALUE!

#VALUE!

#VALUE!


17/30

Fixed tariff for generation

YEAR 2010-11 2011-12 2012-13 2013-14 2014-15

1 2 3 4 5

Installed Capacity(MW) 1040 1040 1040 1040 1040

Months of operation(effective) 12 12 12 12 12

Plant load factor(%) 80% 80% 80% 80% 80%8760 Units generated (MU) 7288.3 7288.3 7288.3 7288.3 7288.3

Less:auxilliary consumption 218.6 218.6 218.6 218.6 218.6

Units sold(MU) 7069.7 7069.7 7069.7 7069.7 7069.7

Fixed tariff calculation

Interest 1708.6 1560.0 1411.5 1262.9 1114.3

Depreciation 2122.5 2122.5 2122.5 2122.5 2122.5

Notional RoE 891.5 891.5 891.5 891.5 891.5

O&M expenses with 4% escalation 877.8 912.9 949.4 987.4 1026.9

Interest on WC #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Tax on Income #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Total fixed tariff in million Rs. #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Fixed tariff p.u of energy sold #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Levellised fixed #VALUE!

Variable tariff calculation

LNG cost 9504.1 9742.66 9987.2 10237.88 10494.85

Total variable tariff in million Rs 9504.1 9742.66 9987.2 10237.88 10494.85

Variable tariff p.u. of energy sold 1.34 1.38 1.41 1.45 1.48

Levellised variable 1.61

Total Tariff (Rs.per Unit) #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Levellised Total Tariff (Rs per unit) #VALUE!

Max. tariff #VALUE!

Min. tariff #VALUE!


18/30

up to 80%PLF

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

6 7 8 9 10 11 12 13 14

1040 1040 1040 1040 1040 1040 1040 1040 1040

12 12 12 12 12 12 12 12 12

80% 80% 80% 80% 80% 80% 80% 80% 80%7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3

218.6 218.6 218.6 218.6 218.6 218.6 218.6 218.6 218.6

7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7

965.7 817.2 668.6 520.0 371.4 222.9 74.3 0.0 0.0

2122.5 2122.5 2122.5 2122.5 2122.5 2122.5 2122.5 1714.3 1714.3

891.5 891.5 891.5 891.5 891.5 891.5 891.5 891.5 891.5

1067.9 1110.6 1155.1 1201.3 1249.3 1299.3 1351.3 1405.3 1461.5





10758.27 11028.3 11305.11 11588.87 11879.75 12177.93 12483.6 12796.93 13118.14

10758.27 11028.3 11305.11 11588.87 11879.75 12177.93 12483.6 12796.93 13118.14

1.52 1.56 1.60 1.64 1.68 1.72 1.77 1.81 1.86



19/30

2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33

15 16 17 18 19 20 21 22 23

1040 1040 1040 1040 1040 1040 1040 1040 1040

12 12 12 12 12 12 12 12 12

80% 80% 80% 80% 80% 80% 80% 80% 80%7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3 7288.3

218.6 218.6 218.6 218.6 218.6 218.6 218.6 218.6 218.6

7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7 7069.7

0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3 1714.3

891.5 891.5 891.5 891.5 891.5 891.5 891.5 891.5 891.5

1520.0 1580.8 1644.0 1709.8 1778.2 1849.3 1923.3 2000.2 2080.2





13447.4 13784.93 14130.93 14485.62 14849.21 15221.92 15604 15995.66 16397.15

13447.4 13784.93 14130.93 14485.62 14849.21 15221.92 15604 15995.66 16397.15

1.90 1.95 2.00 2.05 2.10 2.15 2.21 2.26 2.32



20/30

2033-34 2034-35

24 25

1040 1040

12 12

80% 80%7288.3 7288.3

218.6 218.6

7069.7 7069.7

0.0 0.0

1714.3 1714.3

891.5 891.5

2163.4 2250.0

#VALUE! #VALUE!

#VALUE! #VALUE!

#VALUE! #VALUE!

#VALUE! #VALUE!

16808.71 17230.61

16808.71 17230.61

2.38 2.44

#VALUE! #VALUE!


21/30

URAN CCGT FIRR CALCULATIONS

1040 MW

Year Incr gen Incr sales Capex O&M cost

Mus Mus Mus Rs. Millions Rs. Millions Rs. Millions

2007-08 0.00 0.00 0.00 10070.63 0.00 0.00

2008-09 0.00 0.00 0.00 15825.27 0.00 0.00

2009-10 7288.32 218.65 7069.67 2877.32 9504.10 877.76

2 7288.32 218.65 7069.67 9742.66 912.87

3 7288.32 218.65 7069.67 9987.20 949.39

4 7288.32 218.65 7069.67 10237.88 987.36

5 7288.32 218.65 7069.67 10494.85 1026.86

6 7288.32 218.65 7069.67 10758.27 1067.93

7 7288.32 218.65 7069.67 11028.30 1110.65

8 7288.32 218.65 7069.67 11305.11 1155.07

9 7288.32 218.65 7069.67 11588.87 1201.28

10 7288.32 218.65 7069.67 11879.75 1249.33

11 7288.32 218.65 7069.67 12177.93 1299.3012 7288.32 218.65 7069.67 12483.60 1351.27

13 7288.32 218.65 7069.67 12796.93 1405.32

14 7288.32 218.65 7069.67 13118.14 1461.53

15 7288.32 218.65 7069.67 13447.40 1520.00

16 7288.32 218.65 7069.67 13784.93 1580.80

17 7288.32 218.65 7069.67 14130.93 1644.03

18 7288.32 218.65 7069.67 14485.62 1709.79

19 7288.32 218.65 7069.67 14849.21 1778.18

20 7288.32 218.65 7069.67 15221.92 1849.31

21 7288.32 218.65 7069.67 15604.00 1923.28

22 7288.32 218.65 7069.67 15995.66 2000.21

23 7288.32 218.65 7069.67 16397.15 2080.22

24 7288.32 218.65 7069.67 16808.71 2163.43

25 7288.32 218.65 7069.67 17230.61 2249.97

Aux.consumptio

nTotal variable

cost


22/30

FIRR #VALUE!

Tariff Sales revenue

Rs. Millions Rs. Per unit Rs.millions Rs. Millions

10070.63 0.00 0.00 -10070.63

15825.27 0.00 0.00 -15825.27

13259.19 #VALUE! #VALUE! #VALUE!










13477.23 #VALUE! #VALUE! #VALUE!13834.87 #VALUE! #VALUE! #VALUE!














FIRR #VALUE!

Total operatingcost

Net financialbenefit


23/30

URAN CCGT EIRR CALCULATIONS

1040 MW

Year Incr gen Incr sales Capex O&M cost

Mus Mus Mus Rs. Millions Rs. Millions Rs. Millions

0.8 0.8 0.82007-08 0.00 0.00 8056.50 0.00 0.00

2008-09 0.00 0.00 12660.22 0.00 0.00

2009-10 7288.32 218.65 7069.67 2301.86 7603.28 702.21

2 7288.32 218.65 7069.67 0.00 7794.12 730.30

3 7288.32 218.65 7069.67 0.00 7989.76 759.51

4 7288.32 218.65 7069.67 0.00 8190.30 789.89

5 7288.32 218.65 7069.67 0.00 8395.88 821.48

6 7288.32 218.65 7069.67 0.00 8606.61 854.34

7 7288.32 218.65 7069.67 0.00 8822.64 888.52

8 7288.32 218.65 7069.67 0.00 9044.09 924.06

9 7288.32 218.65 7069.67 0.00 9271.09 961.02

10 7288.32 218.65 7069.67 0.00 9503.80 999.46

11 7288.32 218.65 7069.67 0.00 9742.34 1039.44

12 7288.32 218.65 7069.67 0.00 9986.88 1081.02

13 7288.32 218.65 7069.67 0.00 10237.55 1124.26

14 7288.32 218.65 7069.67 0.00 10494.51 1169.23

15 7288.32 218.65 7069.67 0.00 10757.92 1216.00

16 7288.32 218.65 7069.67 0.00 11027.95 1264.64

17 7288.32 218.65 7069.67 0.00 11304.75 1644.03

18 7288.32 218.65 7069.67 0.00 11588.50 1709.79

19 7288.32 218.65 7069.67 0.00 11879.37 2163.43

20 7288.32 218.65 7069.67 0.00 12177.54 2249.97

21 7288.32 218.65 7069.67 0.00 12483.20 1923.28

22 7288.32 218.65 7069.67 0.00 12796.52 2000.21

23 7288.32 218.65 7069.67 0.00 13117.72 2080.22

24 7288.32 218.65 7069.67 0.00 13446.97 2163.43

25 7288.32 218.65 7069.67 0.00 13784.49 2249.97

Aux.consumptio

nTotal variable

cost


24/30

EIRR #VALUE!

Tariff Sales revenue Consumer surplus

Rs. Millions Rs. Per unit Rs.millions Rs. Millions Rs. Millions Rs. Millions

1.258056.50 0.00 0.00 0.00 0.00 -8056.50

12660.22 0.00 0.00 0.00 0.00 -12660.22

10607.35 #VALUE! #VALUE! 8837.09 #VALUE! #VALUE!

























EIRR #VALUE!

Total operatingcost

Totaleconomic

benefitNET economic

benefit


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DSCR calculation 2010-11 2011-12 2012-13 2013-14 2014-15

1 2 3 4 5

Numerator-Gross cash accrual #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

-Interest on term loan 1708.62 1560.04 1411.47 1262.89 1114.32

#VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

Denominator

-Interest on term loan 1708.62 1560.04 1411.47 1262.89 1114.32

-Repayment 2122.51 2122.51 2122.51 2122.51 2122.51

3831.12 3682.55 3533.97 3385.40 3236.82

DSCR

Max. DSCR 0.00

Min. DSCR 0.00


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2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24

6 7 8 9 10 11 12 13 14


965.74 817.16 668.59 520.01 371.44 222.86 74.29 0.00 0.00


965.74 817.16 668.59 520.01 371.44 222.86 74.29 0.00 0.00

2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 2122.51 0.00 0.00

3088.25 2939.67 2791.09 2642.52 2493.94 2345.37 2196.79 0.00 0.00


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2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33

15 16 17 18 19 20 21 22 23


0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00


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2033-34 2034-35

24 25

#VALUE! #VALUE!

0.00 0.00

#VALUE! #VALUE!

0.00 0.00

0.00 0.00

0.00 0.00


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Sensitivity : 1

S No. PLF %age change in PLF

1 75% -5% 2.49 -2.0209%

2 80% 0 2.44 0

3 85% 5% 2.39 1.7478%

Sensitivity : 2

S No. %age change

1 3.33 -5% 2.35 3.4806%

2 3.50 0 2.44 0

3 3.68 5% 2.52 -3.5181%

Sensitivity : 3

S No. %age change

1 30398.92 -5% 2.41 1.0238%

2 31837.58 0 2.44 0

3 33276.24 5% 2.46 -1.0613%

Impact of variation in PLF on tariff(levelised)--keeping all other factors constant

Corresponding levelisedtariff (Rs/Kwh)

%age change in levelisedtariff

Impact of variation in fuel price on tariff (Levelised)--keeping all other factors constant

Fuel price($/MBTU)



Impact of variation in project cost on tariff (levelised)--keeping all other factors constant

Project cost(Rs million)




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#VALUE!

MBA PM Summers 2006

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