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Temperature - European Investment Bank

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WEST AFRICAN POWER POOL (WAPP) PÖYRY ENERGY LTD.<br />

Mount Coffee HPP ESIA and RAP 2012-09-18<br />

ESIA Report Page 341<br />

Annex 6.6<br />

Mount Coffee Hydropower Plant<br />

Economic Analysis<br />

Discount rate 12%, Base construction cost, Base tariff, Full sale in year 1<br />

Parameters Parameters<br />

Installed capacity 66 MW Project cost Year -4 14.60%<br />

Average annual energy 357 GWh Project cost Year -3 17.00%<br />

Sale Year 1 100.00% Project cost Year -2 37.90%<br />

Sale Year 2 100.00% Project cost Year -1 30.10%<br />

Sale Year 3 100.00% Project cost Year +1 0.40%<br />

Sale Year 4 100.00% Base tariff 14.50 US cts/kWh<br />

Sale Year 5 100.00% Per cent Base Tariff 100.00%<br />

Base Project cost 164.1 Million $ Applied Tariff 14.50 US cts/kWh<br />

Per cent Base Project cost 100.00% Results<br />

Applied Project cost 164.1 Million $ Discount rate 12.00%<br />

Annual O & M cost 1% 1.641 Million $ Production costs 6.81 US cts/kWh<br />

Net Present Value 144.875 Million $<br />

Internal rate return 23.40%<br />

Year Energy Revenue Proj cost O & M Tot cost Rev-Cost Energy Tot cost<br />

-4 0.0 0.0 23.959 0.0 23.959 -23.959 37.699<br />

-3 0.0 0.0 27.897 0.0 27.897 -27.897 39.193<br />

-2 0.0 0.0 62.194 0.0 62.194 -62.194 78.016<br />

-1 0.0 0.0 49.394 0.0 49.394 -49.394 55.321<br />

1 357.0 51.765 0.656 1.641 2.297 49.468 357.0 212.527<br />

2 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

3 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

4 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

5 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

6 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

7 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

8 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

9 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

10 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

11 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

12 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

40 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

41 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

42 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

43 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

44 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

45 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

46 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

47 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

48 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

49 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

50 357.0 51.765 1.641 1.641 50.124 357.0 1.641<br />

Sum 17'850 2'588.25 164.100 82.050 246.150 2'342.100 17'850 292.936<br />

PV 1'884.1 273.198 119.663 8.661 128.323 144.875 2'964.7 201.919<br />

6.81

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