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part 1: overview of cogeneration and its status in asia - Fire

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114 Part3: Summary <strong>of</strong> country studies – Bangladesh <strong>and</strong> Viet Nam<br />

5,000 kg/hr<br />

13,000 kg/hr<br />

Power-Match<br />

1,500 kW<br />

2,430 kW<br />

90,828,571<br />

195,551,493<br />

58,052,199<br />

88,854,808<br />

18,270,890<br />

47,504,313<br />

10,992,722<br />

17,808,209<br />

21,449,925<br />

54,348,650<br />

13,024,584<br />

20,918,163<br />

35,980,477<br />

75,372,376<br />

23,475,928<br />

35,233,544<br />

8,475,314<br />

7,986,959<br />

6,581,197<br />

8,391,727<br />

Table 2.9 Summary <strong>of</strong> NPV <strong>and</strong> IRR<br />

5,508,954<br />

5,191,524<br />

4,277,778<br />

5,454,623<br />

Cogeneration Alternatives<br />

Steam/Power Turb<strong>in</strong>e Inlet Steam NPV IRR<br />

Dem<strong>and</strong><br />

Pressure (bar)<br />

(%)<br />

Steam Turb<strong>in</strong>e (Thermal Match)<br />

5,000 kg/hr 40<br />

7,340,891<br />

24.31<br />

60<br />

8,623,889<br />

24.28<br />

80<br />

9,324,957<br />

24.27<br />

13,000 kg/hr 40<br />

-12,394,563<br />

7.90<br />

60<br />

-8,832,665<br />

10.90<br />

80<br />

-6,956,922<br />

12.00<br />

Steam Turb<strong>in</strong>e (Power Match)<br />

1,500 kW 80 -12,397,728 10.10<br />

2,430 kW 80 -122,352,173 --<br />

Diesel Eng<strong>in</strong>e (Thermal Match)<br />

5,000 kg/hr --- 16,713,528 16.70<br />

13,000 kg/hr --- 97,294,178 20.40<br />

Diesel Eng<strong>in</strong>e (Power Match)<br />

1,500 kW --- 13,726,021 19.60<br />

2,430 kW --- 12,812,597 17.80<br />

Gas Turb<strong>in</strong>e (Thermal Match)<br />

5,000 kg/hr --- 1,218,335 15.20<br />

13,000 kg/hr --- -46,400,865 10.60<br />

Gas Turb<strong>in</strong>e (Power Match)<br />

1,500 kW --- 6,605,407 16.90<br />

2,430 kW --- 1,694,257 15.30<br />

2.5 Sensitivity Analysis<br />

11,564,192<br />

18,228,290<br />

8,147,925<br />

11,378,277<br />

The price escalation rates for electricity <strong>and</strong> fuel estimated <strong>in</strong> this evaluation process might<br />

not be exact. Similarly, the <strong>in</strong>stallation cost represents a large <strong>in</strong>vestment <strong>and</strong> changes <strong>in</strong> this<br />

cost can affect the results significantly. Sensitivity analysis <strong>of</strong> IRR <strong>of</strong> the feasible<br />

<strong>cogeneration</strong> systems is done assum<strong>in</strong>g changes <strong>in</strong> each <strong>of</strong> these factors.<br />

The follow<strong>in</strong>g two acceptable alternatives are taken as examples for the sensitivity analysis:<br />

(1) Steam Turb<strong>in</strong>e, Thermal Match [STTM]: 5,000 kg/hr, Turb<strong>in</strong>e steam <strong>in</strong>let pressure:<br />

40 bar;<br />

(2) Diesel Eng<strong>in</strong>e, Power Match [REPM]: 1,500 kW Power Dem<strong>and</strong>.

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