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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 345<br />

Annex 6.10<br />

Mount Coffee Hydropower Plant<br />

Economic analysis<br />

Discount rate 8%, 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 14.00 US cts/kWh<br />

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

Base Project cost 164.1 Million $ Applied Tariff 14.00 US cts/kWh<br />

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

Applied Project cost 164.1 Million $ Discount rate 8.00%<br />

Annual O & M cost 1% 1.641 Million $ Production costs 4.58 US cts/kWh<br />

Net Present Value 302.438 Million $<br />

Internal rate return 22.74%<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 32.595<br />

-3 0.0 0.0 27.897 0.0 27.897 -27.897 35.142<br />

-2 0.0 0.0 62.194 0.0 62.194 -62.194 72.543<br />

-1 0.0 0.0 49.394 0.0 49.394 -49.394 53.346<br />

1 357.0 49.98 0.656 1.641 2.297 47.683 357.0 195.924<br />

2 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

3 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

4 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

5 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

6 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

7 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

8 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

9 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

10 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

11 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

12 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

40 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

41 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

42 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

43 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

44 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

45 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

46 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

47 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

48 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

49 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

50 357.0 49.980 1.641 1.641 48.339 357.0 1.641<br />

Sum 17'850 2'499.00 164.100 82.050 246.150 2'252.850 17'850 276.333<br />

PV 3'210.1 449.419 132.225 14.756 146.981 302.438 4'367.4 199.966<br />

4.58

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