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

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Summary <strong>of</strong> country study – Bangladesh 148<br />

Table 3.7 Summary <strong>of</strong> pre-feasibility study <strong>of</strong> the textile sp<strong>in</strong>n<strong>in</strong>g mill<br />

Major Parameters Steam Turb<strong>in</strong>e Gas Eng<strong>in</strong>e Gas Turb<strong>in</strong>e<br />

Therm<br />

al<br />

Match<br />

Power<br />

Match<br />

Therm<br />

al<br />

Match<br />

Power<br />

Match<br />

Therm<br />

al<br />

Match<br />

Power<br />

Match<br />

Installed power (kW) 263.00 2,350.00 4,080.00 2,350.00 1,746.00 2,350.00<br />

Fuel consumption (TJ/year) 88.80 794.90 386.40 222.60 200.60 270.00<br />

Electricity generated (MWh) 2,096.00 18,753.00 32,555.00 18,753.00 13,983.00 18,753.00<br />

Heat generated (TJ/year) -17,974.00 -1,316.00 12,486.00 -1,316.00 -6,136.00 -1,316.00<br />

Excess/deficit(-) power (MWh/year) 71.20 637.40 71.20 41.00 71.20 95.90<br />

Excess/deficit(-) heat (TJ/year) 5.20 507.60 5.00 -25.00 5.20 29.90<br />

Equipment power-to-heat ratio 0.106 0.106 1.87 1.87 0.80 0.80<br />

Total <strong>in</strong>vestment (million Taka) 15.12 135.36 176.24 101.52 83.81 112.80<br />

Net present value (million Taka) 18.20 41.41 287.14 192.42 134.34 175.52<br />

IRR (per cent) 32.80 19.90 38.40 41.90 38.10 37.40<br />

With gas turb<strong>in</strong>e thermal match (GTTM) option, about 30 per cent less electricity are<br />

generated. Gas turb<strong>in</strong>e power match (GTPM) option takes care <strong>of</strong> all the power <strong>and</strong> heat<br />

needs but around 46 per cent <strong>of</strong> excess heat are generated which has no commercial value.<br />

Accord<strong>in</strong>gly, the sensitivity analysis carried out to see the impacts <strong>of</strong> the <strong>in</strong>crease <strong>in</strong> the<br />

<strong>in</strong>vestment, fuel <strong>and</strong> electricity price escalation, was limited to REPM <strong>and</strong> GTPM options.<br />

What if the <strong>in</strong>vestment cost <strong>in</strong>creases?<br />

Internal Rate <strong>of</strong> Return<br />

(IRR)<br />

42%<br />

40%<br />

38%<br />

36%<br />

34%<br />

32%<br />

30%<br />

What if the fuel price escalates faster?<br />

Internal Rate <strong>of</strong> Return<br />

41%<br />

40%<br />

39%<br />

38%<br />

37%<br />

36%<br />

35%<br />

REPM<br />

GTPM<br />

1% 3% 5% 8% 10% 13% 15%<br />

% <strong>of</strong> Increase Investment Cost<br />

REPM<br />

GTPM<br />

5% 6% 7% 8% 9% 10% 11% 12% 13%<br />

Fuel Price Escalation Rate

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