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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 152<br />

Table 3.9 Summary <strong>of</strong> pre-feasibility study <strong>of</strong> the hospital<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 />

Power<br />

Match<br />

Thermal<br />

Match<br />

Power<br />

Match<br />

Therm<br />

al<br />

Match<br />

Powe<br />

r<br />

Match<br />

Installed power (kW) 321.00 800.00 4,916.00 800.00 2,104.00 800.00<br />

Fuel consumption (TJ/year) 111.90 279.10 485.60 79.00 252.10 95.60<br />

Electricity generated (MWh) 2,668.00 6,658.00 40,9111.00 6,058.00 17,509.00 6,658.00<br />

Heat generated (TJ/year) 89.50 22,308.00 89.50 14.60 89.60 34.00<br />

Excess/deficit(-) power (MWh/year) -4,440.00 -450.00 33,8030.00 -450.00 10,401.00 -450.00<br />

Excess/deficit(-) heat (TJ/year) -2.00 109.60 -2.00 -76.90 2.00 -57.60<br />

Equipment power-to-heat ratio 0.107 0.11 1.870 1.87 .80 0.80<br />

Total <strong>in</strong>vestment (million Taka) 18.47 46.08 212.370 34.56 100.99 38.40<br />

Net present value (million Taka) 25.55 33.32 306.070 69.86 137.00 66.51<br />

IRR (per cent) 35.20 26.00 35.90 43.50 34.80 39.80<br />

With gas turb<strong>in</strong>e thermal match (GTTM) option, about 146 per cent excess electricity is<br />

generated, which has to be sold as <strong>in</strong> the RETM option. Gas turb<strong>in</strong>e power match (GTPM)<br />

option takes care <strong>of</strong> all the power needs though heat deficit is as high as 60 per cent. This<br />

will require the adoption <strong>of</strong> auxiliary natural gas fir<strong>in</strong>g <strong>in</strong> the recovery boiler.<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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