Basic Data Table

No. Item

Unit

1 Installed capacity

MW

2 Annual operation hours

Hour

3 Overall generation efficiency

Source
48 The feasibility study report, p1-1
4,576 The feasibility study report, p1-1
89.82%

3.1

Effective power coefficient

3.2

Internal consumption of power plant

The feasibility study report, p16-2. Overall generation efficiency = effective power
coefficient 1 - internal consumption of power plant)

90.00% The feasibility study report, p16-2

4 Electricity average tariff (VAT included)CNY/KWh

5 Equity ratio
6 Total investment

Value

0.20% The feasibility study report, p16-2

0.1513

Endorsed by Yunnan Provincial Development and Reform Committee, referred as Yun Fa Price
Number [2005] No.702

30% The feasibility study report, p16-2

CNY

198,574,900 The feasibility study report, annual investment sheet in Section 15 (excel file) Year 1

6.1

Constrcution

CNY

92,263,700 The feasibility study report, Section 15 (excel file)

64,584,600

6.2

Machinery / Equipments

CNY

43,531,600 The feasibility study report, Section 15 (excel file)

21,765,800

6.3

Others Machinery/ Equipments

CNY

17,159,800 The feasibility study report, Section 15 (excel file)

10,295,900

6.4

Temporary works

CNY

11,064,800 The feasibility study report, Section 15 (excel file)

7,745,400

6.5

Other works (e.g. Connection to

the transmission grid)

CNY

34,555,000 The feasibility study report, Section 15 (excel file)

23,757,500

7 Construction period

Month

24 The feasibility study report, p10-25

8 Operation time

Year

30 The feasibility study report, p16-2

9 Value of fixed assets

CNY

10 Depretiation Rate
10.1 Rate of fixed assets maintenance

198,574,800

The feasibility study report, p16-3. The interest in construction period form fixed assets after the
proposed project is put into operation.

4% The feasibility study report, p16-4

1% The feasibility study report, p16-4

10.2

Rate of insurance premium of fixed

assets

0.25% The feasibility study report, p16-4

10.3 Employee population

10.4 Annual salary per capita

55 The feasibility study report, p16-4

CNY

10.5 Rate of welfarism

15000 The feasibility study report, p16-4

49.50% The feasibility study report, p16-4

10.6 Material cost

CNY/kW

5 The feasibility study report, p16-4

10.7 Other costs

CNY/kW

24 The feasibility study report, p16-4

10.8 Royalties for water use

CNY/kW

0.004 The feasibility study report, p16-4

11 Rate of VAT

6% The feasibility study report, p16-5.

11.1 Rate of city construction tax

1% The feasibility study report, p16-5. It is levied baed on VAT.

11.2 Rate of additional education fee

4% The feasibility study report, p16-5. It is levied baed on VAT.

12 Rate of income tax

12.1

I, IIyear

12.2

III, IV, V year

12.3

> V year

0 The feasibility study report, p16-5

16.50% The feasibility study report, p16-5
33% The feasibility study report, p16-5

13 CERs Unit price

ERU/Ton

14 Exchange rate

ERU:RMB

10

rred as Yun Fa Price

Year 2
#########
#########
6,863,900
3,319,400
#########

fixed assets after the

Name of Project
Country

48 MW Duduluo River Hydroelectric Power Plant

China

ASSUMPTIONS

Capacity Installed (MW)

Load Factor (h/year)

Electricity Production

Emission Reductions

Yes
No

Loan

Yes

48
4576

Overall Generation efficiency (%)

89.82%

Expected annual distribution of dividends

0%

Equity ratio

30%

Combined Margin for production

Currency

0.8434

70%
tCO2/MWh

CNY

INVESTMENTS
1 Initial Investments (including taxes if any):
CNY
Construction
CNY
Machinery / Equipments
CNY
Others Machinery/ Equipments
CNY
Temporary works
CNY
Other works (e.g. Connection to the transmission
CNY grid)
Depretiation Rate

Year 1

Year 2

64,584,600
21,765,800
10,295,900
7,745,400
23,757,500

27,679,100
21,765,800
6,863,900
3,319,400
10,797,500

Equity
Debt
Total

59,572,470
139,002,430
198,574,900

4.00%

2 Financing:
Loan(s) Amount
Tenor
Grace Period
Interest rate
3 Equity:
Source 1
Source 2
Others

CNY
20 years
1 years
6.12%
CNY
CNY
CNY
CNY

139,002,430

59,572,470

OK

Sources & Uses Control

O & M COSTS
1 Operating costs (including taxes if any):
Lump Sum type: Raw Material
Lump Sum type: Power and Fuel
Lump Sum type: Labor
Royalties for water use
Lump sum: O&M general
% Type: Other
Working Capital
2 Insurance:
3 Certifications:
4 Income Tax:

CNY
CNY
CNY
CNY
0.004 CNY/kWh
CNY
%
%

Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Year 11

Year 12

0
0
0
0
0

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

308,300
19,728
496,400
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

0.25% of investments
CNY

0.00%

0.00%

0.00%

16.50%

16.50%

16.50%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

REVENUES
1

Construction Period
Year 1

Year 2

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Year 11

Year 12

kWh
CNY

0.142

4,932,000
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

(tCO2e)
CNY

0
80.0

0
80.0

166,393
80.0

166,393
80.0

166,393
80.0

166,393
80.0

166,393
80.0

166,393
80.0

166,393
80.0

166,393
80.0

166,393
80.0

166,393
80.0

Net Revenues
Net Revenues - Electricity
Electricity
Price
Net Revenues - Carbon Credits
Carbon generation
Carbon price

Year 13

Year 14

Year 15

Year 16

Year 17

Year 18

Year 19

Year 20

Year 21

Year 22

Year 23

Year 24

Year 25

Year 26

Year 27

Year 28

Year 29

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

240,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

1,233,375
789,151
1,985,748
1,152,000

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

33.00%

Operation Period
Year 13

Year 14

Year 15

Year 16

Year 17

Year 18

Year 19

Year 20

Year 21

Year 22

Year 23

Year 24

Year 25

Year 26

Year 27

Year 28

Year 29

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

197,287,834
0.142

70.0

70.0

70.0

70.0

70.0

Name of Project
Country

48 MW Duduluo River Hydroelectric Power Plant

China

INVESTMENTS AND EXPENSES

Unit
1 Investments:

CNY
Construction
CNY
Machinery / Equipments
CNY
Others Machinery/ Equipments
CNY
Temporary works
CNY
Other works (e.g. Connection to the transmission
CNY
grid)

2 Depreciation:
Year 1
Year 2
Year 3
Year 4
Year 5

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Year 11

Year 12

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

6,950,122
8,506,949
1

6,950,122
8,081,601
2

6,950,122
7,656,254
3

6,950,122
7,230,906
4

6,950,122
6,805,559
5

6,950,122
6,380,212
6

6,950,122
5,954,864
7

6,950,122
5,529,517
8

6,950,122
5,104,169
9

6,950,122
4,678,822
10

6,950,122
4,253,474
11

0%

0%

16.5%

16.5%

16.5%

33%

33%

33%

33%

33%

33%

699,200

41,280,526

41,280,526

0
0
0
0
0
0

0
0
0
0
0
0

0
0
0
0
0
0

4% per year
4% per year
4% per year
4% per year
4% per year
4% per year

0
0

1,985,600
5,125,968
2,817,028

7,942,992
5,125,968
2,817,028
0

7,942,992
5,125,968
2,817,028
0
0

CNY
CNY
CNY
CNY
CNY
CNY
CNY
CNY

0
0
0
0
0
0
0
0

2,216,428
240,000
0
308,300
19,728
496,400
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

0.25% of investments

124,100

CNY

Lump Sum type: Raw Material

Lump Sum type: Power and Fuel
Lump Sum type: Labor
Royalties for water use
Lump sum: O&M general
% Type: Other
Working Capital

5 Certifications:
6 Financing:

Year 2
70,425,700
27,679,100
21,765,800
6,863,900
3,319,400
10,797,500

3 Operating costs:

4 Insurance:

Year 1
128,149,200
64,584,600
21,765,800
10,295,900
7,745,400
23,757,500

CPLTD
Interest
0%

7 Income Tax:

REVENUES
Unit
1

Year 1

Net Revenues
Net Revenues - Electricity
production
Sales price
Net Revenues - Carbon Credits
Carbon generation
Carbon price

Year 2
0

CNY
kWh
CNY

0
0
0.142

CNY
(tCO2e)

Year 4

Year 5
41,280,526

Year 6
41,280,526

Year 7
41,280,526

Year 8
41,280,526

Year 9
41,280,526

Year 10
41,280,526

Year 11
41,280,526

Year 12
41,280,526

699,200
27,969,121
27,969,121
27,969,121
27,969,121
27,969,121
27,969,121
27,969,121
27,969,121 27,969,121 27,969,121
4,932,000 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142

0
0
80.0

Year 3

0
0
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

13,311,405
166,393
80.0

Year 13

Year 14

Year 15

Year 16

Year 17

Year 18

Year 19

Year 20

Year 21

Year 22

Year 23

Year 24

Year 25

Year 26

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

7,942,992
5,125,968
2,817,028
0
0
0

5,957,300
5,125,968
2,817,028
0
0
0

0
0
0
0
0

0
0
0
0
0
0

0
0
0
0
0
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

5,400,274
240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

496,437

6,950,122
3,828,127
12

6,950,122
3,402,779
13

6,950,122
2,977,432
14

6,950,122
2,552,085
15

6,950,122
2,126,737
16

6,950,122
1,701,390
17

6,950,122
1,276,042
18

6,950,122
850,695
19

6,950,122
425,347
20

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

33%

33%

33%

33%

33%

33%

33%

33%

33%

Year 13

Year 14

27,969,121

Year 15

27,969,121

Year 16

27,969,121

Year 17

27,969,121

Year 18

27,969,121

Year 19

27,969,121

Year 20

27,969,121

Year 21

27,969,121

21

22
33%

Year 22

27,969,121

23
33%

Year 23

27,969,121

24
33%

Year 24

27,969,121

25
33%

Year 25

27,969,121

Year 27

26
33%

Year 26

27,969,121

Year 28

27
33%

Year 27

27,969,121

Year 29

28
33%

Year 28

27,969,121

33%

Year 29

27,969,121

27,969,121

27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121 27,969,121
197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834 197,287,834
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0.142
0
0
0.0

0
0
0.0

0
0
0.0

0
0
0.0

0
0
0.0

0
0
0.0

0
0
0.0

0
0
0.0

0
0
0.0

0
0
0.0

0
0
70.0

0
0
70.0

0
0
70.0

0
0
70.0

0
0
70.0

0
0
0.0

0
0
0.0

Name of Project
Country

48 MW Duduluo River Hydroelectric Power Plant

China

Project Cashflow
Net Revenues - Electricity
production
Sales price
Net Revenues - Carbon Credits
ERs Production
ER Price

Unit

='Assumptions and
Year
Imputs'!D62
2

kWh
CNY

0
0
0

699,200
4,932,000
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

0
0

0
0

0
166,393

0
166,393

0
166,393

0
166,393

0
166,393

0
166,393

0
166,393

0
166,393

0
166,393

0
166,393

(tCO2e)
0.0 US$/ton

Year 3

Year 4

Year 5

Year 6

Year 7

Year 8

Year 9

Year 10

Year 11

Year 12

Total Net Revenues

699,200

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

(-) Total Costs

2,340,528

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

0
0
0
0
0
0
0

240,000
0
308,300
19,728
496,400
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

0
0

124,100
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

-1,641,328

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

0
0

1,985,600
8,506,949

7,942,992
8,081,601

7,942,992
7,656,254

7,942,992
7,230,906

7,942,992
6,805,559

7,942,992
6,380,212

7,942,992
5,954,864

7,942,992
5,529,517

7,942,992
5,104,169

7,942,992
4,678,822

7,942,992
4,253,474

Operational Result (EBT)

-12,133,876

6,047,817

6,473,164

6,898,512

7,323,859

7,749,206

8,174,554

8,599,901

9,025,249

9,450,596

9,875,944

Profit before tax

-12,133,876

6,047,817

6,473,164

6,898,512

7,323,859

7,749,206

8,174,554

8,599,901

9,025,249

9,450,596

9,875,944

0
128,149,200
Construction
64,584,600
Machinery / Equipments
21,765,800
Others Machinery/ Equipments
10,295,900
Temporary works
7,745,400
Other works (e.g. Connection to the transmission 23,757,500
grid)

1,985,600
70,425,700
27,679,100
21,765,800
6,863,900
3,319,400
10,797,500

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

-128,149,200

-72,067,028

22,072,410

21,004,338

20,934,156

20,863,973

19,515,172

19,374,807

19,234,443

19,094,078

18,953,713

18,813,349

(-) Operating Costs

Lump Sum type: Raw Material
Lump Sum type: Power and Fuel
Lump Sum type: Labor
Royalties for water use
Lump sum: O&M general
% Type: Other
Working Capital
(-) Insurance:
(-) Certifications:
Margin / (EBITDA)
(-) D/D/A machinery
(-) Interest expenses

(+) D/D/A
(-) Investments

4%

Project Cash Flow

IRR

Project

7.99%

Year 13

Year 14

Year 15

Year 16

Year 17

Year 18

Year 19

Year 20

Year 21

Year 22

Year 23

Year 24

Year 25

Year 26

Year 27

Year 28

Year 29

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

27,969,121
197,287,834
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

27,969,121

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

5,896,711

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

240,000
0
1,233,375
789,151
1,985,748
1,152,000
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

496,437
0

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

22,072,410

7,942,992
3,828,127

7,942,992
3,402,779

7,942,992
2,977,432

7,942,992
2,552,085

7,942,992
2,126,737

7,942,992
1,701,390

7,942,992
1,276,042

7,942,992
850,695

7,942,992
425,347

7,942,992
0

7,942,992
0

7,942,992
0

7,942,992
0

5,957,300
0

0
0

0
0

0
0

10,301,291

10,726,639

11,151,986

11,577,333

12,002,681

12,428,028

12,853,376

13,278,723

13,704,071

14,129,418

14,129,418

14,129,418

14,129,418

16,115,110

22,072,410

22,072,410

22,072,410

10,301,291

10,726,639

11,151,986

11,577,333

12,002,681

12,428,028

12,853,376

13,278,723

13,704,071

14,129,418

14,129,418

14,129,418

14,129,418

16,115,110

22,072,410

22,072,410

22,072,410

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

7,942,992
0
0
0
0
0
0

5,957,300
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

0
0
0
0
0
0
0

18,672,984

18,532,619

18,392,255

18,251,890

18,111,525

17,971,161

17,830,796

17,690,431

17,550,067

17,409,702

17,409,702

17,409,702

17,409,702

16,754,424

14,788,515

14,788,515

14,788,515

RUN MACRO SENSITIVITY TO PERFORM ANALYSIS!

IRR

IRR

IRR

IRR

Project

-25%
0.75
11%

-20%
0.80
10.62%

-15%
0.85
9.87%

-10%
0.90
9.19%

-5%
0.95
8.56%

Variation Investment Cost

0%
1.00
7.99%

5%
1.05
7.46%

10%
1.10
6.97%

15%
1.15
6.51%

20%
1.20
6.08%

Project

Variation O&M Costs

-25%
0.75
8.59%

-20%
0.80
8.47%

-15%
0.85
8.35%

-10%
0.90
8.23%

-5%
0.95
8.11%

Variation O&M Costs

0%
1.00
7.99%

5%
1.05
7.87%

10%
1.10
7.75%

15%
1.15
7.63%

20%
1.20
7.50%

Project

-25%
0.75
4.83%

-20%
0.80
5.49%

-15%
0.85
6.14%

-10%
0.90
6.77%

-5%
0.95
7.39%

Variation Electricity Output

0%
1.00
7.99%

5%
1.05
8.58%

10%
1.10
9.16%

15%
1.15
9.72%

20%
1.20
10.28%

Project

-25%
0.75
4.83%

-20%
0.80
5.49%

-15%
0.85
6.14%

-10%
0.90
6.77%

-5%
0.95
7.39%

Variation Tariff
0%
1.00
7.99%

5%
1.05
8.58%

10%
1.10
9.16%

15%
1.15
9.72%

20%
1.20
10.28%

Variation O&M Costs

All numbers should

be equal to 1
1
25%
1.25
5.68%

Variation O&M Costs

25%
1.25
0.00%
1
0.073821684

1
25%
1.25
10.84%

1
25%
1.25
10.84%

Variation (% vs base scenario)

10%

IRR

9%

8%

7%

6%
-10%

-5%
Inv

0%
O&M

Annual electricity output

5%

10%
Tariff