part 1: overview of cogeneration and its status in asia - Fire
part 1: overview of cogeneration and its status in asia - Fire
part 1: overview of cogeneration and its status in asia - Fire
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Summary <strong>of</strong> country study – Bangladesh 150<br />
Table 3.8 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 />
Ther<br />
mal<br />
Match<br />
Powe<br />
r<br />
Match<br />
Therma<br />
l Match<br />
Powe<br />
r<br />
Match<br />
Therm<br />
al<br />
Match<br />
Powe<br />
r<br />
Match<br />
Installed power (kW) 238.00 875.00 4,157.00 875.00 1,843.00 875.00<br />
Fuel consumption (TJ/year) 88.90 326.10 382.50 80.50 205.70 97.70<br />
Electricity generated (MWh) 1,849.00 6,783.00 32,226.00 6,783.00 14,284.00 6,783.00<br />
Heat generated (TJ/year) 73.00 267.80 73.00 15.40 73.00 34.70<br />
Excess/deficit(-) power (MWh/year) -5,584.00 -650.00 24,793.00 -650.00 6,851.00 -650.00<br />
Excess/deficit(-) heat (TJ/year) -16.30 151.80 -16.30 -73.90 -16.30 -54.60<br />
Equipment power-to-heat ratio 0.091 0.09 1.87 1.87 0.80 0.80<br />
Total <strong>in</strong>vestment (million Taka) 13.74 50.40 179.59 37.80 88.44 42.00<br />
Net present value (million Taka) 16.94 20.37 234.12 68.43 110.84 64.59<br />
IRR (per cent) 33.20 21.30 34.10 40.80 33.40 37.20<br />
With gas turb<strong>in</strong>e thermal match (GTTM) option, about 90 per cent excess electricity is<br />
generated. Gas turb<strong>in</strong>e power match (GTPM) option takes care <strong>of</strong> all the power needs<br />
though heat deficit is as high as 60 per cent. This will require the adoption <strong>of</strong> auxiliary natural<br />
gas fir<strong>in</strong>g <strong>in</strong> the recovery boiler. The total <strong>in</strong>stallation cost <strong>of</strong> GTPM is 50 per cent less than<br />
that for GTTM.<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