Temperature - European Investment Bank

WEST AFRICAN POWER POOL (WAPP) PÖYRY ENERGY LTD.
Mount Coffee HPP ESIA and RAP 2012-09-18
ESIA Report Page 339
Annex 6.4
Mount Coffee Hydropower Plant
Economic Analysis
Discount rate 10%, Base construction cost, Tariff +25%, Full sale in year 5
Parameters Parameters
Installed capacity 66 MW Project cost Year -4 14.60%
Average annual energy 357 GWh Project cost Year -3 17.00%
Sale Year 1 80.00% Project cost Year -2 37.90%
Sale Year 2 85.00% Project cost Year -1 30.10%
Sale Year 3 90.00% Project cost Year +1 0.40%
Sale Year 4 95.00% Base tariff 14.25 US cts/kWh
Sale Year 5 100.00% Per cent Base Tariff 121.05%
Base Project cost 164.1 Million $ Applied Tariff 17.25 US cts/kWh
Per cent Base Project cost 100.00% Results
Applied Project cost 164.1 Million $ Discount rate 10.00%
Annual O & M cost 1% 1.641 Million $ Production costs 5.89 US cts/kWh
Net Present Value 263.221 Million $
Internal rate return 25.18%
Year Energy Revenue Proj cost O & M Tot cost Rev-Cost Energy Tot cost
-4 0.0 0.0 23.959 0.0 23.959 -23.959 35.078
-3 0.0 0.0 27.897 0.0 27.897 -27.897 37.131
-2 0.0 0.0 62.194 0.0 62.194 -62.194 75.255
-1 0.0 0.0 49.394 0.0 49.394 -49.394 54.334
1 285.6 49.26615 0.656 1.313 1.969 47.297 285.6 203.766
2 303.5 52.345 1.395 1.395 50.950 303.5 1.395
3 321.3 55.424 1.477 1.477 53.948 321.3 1.477
4 339.2 58.504 1.559 1.559 56.945 339.2 1.559
5 357.0 61.583 1.641 1.641 59.942 357.0 1.641
6 357.0 61.583 1.641 1.641 59.942 357.0 1.641
7 357.0 61.583 1.641 1.641 59.942 357.0 1.641
8 357.0 61.583 1.641 1.641 59.942 357.0 1.641
9 357.0 61.583 1.641 1.641 59.942 357.0 1.641
10 357.0 61.583 1.641 1.641 59.942 357.0 1.641
11 357.0 61.583 1.641 1.641 59.942 357.0 1.641
12 357.0 61.583 1.641 1.641 59.942 357.0 1.641
40 357.0 61.583 1.641 1.641 59.942 357.0 1.641
41 357.0 61.583 1.641 1.641 59.942 357.0 1.641
42 357.0 61.583 1.641 1.641 59.942 357.0 1.641
43 357.0 61.583 1.641 1.641 59.942 357.0 1.641
44 357.0 61.583 1.641 1.641 59.942 357.0 1.641
45 357.0 61.583 1.641 1.641 59.942 357.0 1.641
46 357.0 61.583 1.641 1.641 59.942 357.0 1.641
47 357.0 61.583 1.641 1.641 59.942 357.0 1.641
48 357.0 61.583 1.641 1.641 59.942 357.0 1.641
49 357.0 61.583 1.641 1.641 59.942 357.0 1.641
50 357.0 61.583 1.641 1.641 59.942 357.0 1.641
Sum 17'672 3'048.34 164.100 81.230 245.330 2'803.014 17'672 283.683
PV 2'316.4 399.577 125.708 10.648 136.355 263.221 3'391.4 199.637
5.89