Escolar Documentos
Profissional Documentos
Cultura Documentos
Particulars Parameters
Capacity 2.50
Project Cost (PC) 1218.41
Debt 66%
Equity 34%
Debt-Equity Ratio 1.91
Debt amount 800.00
Equity amount 418.41
Debt Repayment 5
Payment term 20
Interest Rate 11.5%
Interest on Working Capital Loan 11%
Plant Load Factor (PLF)
- First Year 80%
- Second Year onwards 90%
Auxiliary Consumption 12%
Boiler Configuration
Capacity 22.00
Pressure 44
Temprature 450+ 5
Steam Enthlapy 794.00
Feed Water Temprature 105.00
Boiler Efficiency 82.0%
Fuel Related Information
Biomass
Gross Calorific Value (GVC) 3250
Specific Fuel Consumption 2.28
Fuel Cost 950
Fuel Cost escalation 5%
Coal
Gross Calorific Value (GVC) 3800
Specific Fuel Consumption 1.95
Fuel Cost 1100
Fuel Cost escalation 5%
Operation & Maintenance Cost
- Salary & wages 34.50
- Repairs & Maintenance
- First Year 0.50%
- Second Year onwards 1%
- Other Administrative Overheads 6.00
Operation & Maintenance Escalation 5%
Depreciation Rate as per Companies Act, 1956
- on Building & Civil Construction 3.34%
- on Plant & Machinery & Other Fixed Assets 5.28%
Depreciation Rate as per Income Tax Act
- on Building & Civil Construction 10.00%
- on Plant & Machinery & Other Fixed Assets 15.00%
Working Capital Schedule
Fuel & Stores 3
O&M expenditure 1
Receivables 1
MAT % 7.84%
Power Generation
Units
MW
Rs. Lacs
Rs. Lacs
Rs. Lacs
Years
months
on monthly rest
on monthly rest
TPH
kg/ata
0
C
Kcal
0
C
Kcal/kg
kg/kWh
Rs/MT
Kcal/kg
kg/kWh
Rs/MT
of Gross Block
of Gross Block
Lacs per annum
per annum
WDV
WDV
WDV
WDV
months
month
months
on Net Profit
Power Project/AIDCPL/Sarguja
Financial Annexure-I
Prepared By : SRCCL 1
Power Project/AIDCPL/Sarguja
Technical Annexure-II
(Rs. In Lac)
Particulars Size Rate Amount
Leveling of Land 2 acres Rs 0.50 Lacs per acre 150000 3.3
Land Scaping L.S.
Drain Line Work L.S.
Tube Well L.S.
TOTAL 0.00
Technical Annexure-III
Buildings
(Rs. In Lac)
Particulars Size Rate per Unit (Rs.) Amount
Boiler House 560 Sq.Mt. 4200.00 23.52 560
Turbine House 480 Sq.Mt. 4200.00 20.16 480
Deaerator Building 240 Sq.Mt. 4000.00 9.60 240
Foundations LS 80.00
Cooling Tower 240 Sq. Mt. 3600.00 8.64 240
Water Storage Tanks 162 Sq. Mt. 3500.00 5.67 162
Misc. Construction 15.00
TOTAL 162.59
Technical Annexure-IV
(Rs. In Lac)
S. No. Particulars Supplier Cost 992.55
1 2.5 MW Power Generating Plant complete 965.00
As per attached List including
Taxes & Duties @
TOTAL 995.00
Technical Annexure-V
Prepared By : SRCCL 5
Power Project/AIDCPL/Sarguja
Financial Annexure-V
Description/Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Capital 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95 284.95
Reserves & Surplus(PAT) 21.13 81.70 155.92 242.17 339.31 441.30 539.62 633.09 720.96 801.80 874.59 938.32 992.36 1035.38 1066.37 1088.43 1101.02 1102.89 1087.32 1051.57
Secured Loan(Term Loan) 800.00 640.00 480.00 320.00 160.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Unsecured Loan 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11 178.11
Other Current Liabiliiltes
Working Capital Loan 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 101.00
1263.07 1224.20 1124.77 1038.99 965.24 902.38 1004.37 1102.69 1196.16 1284.02 1364.87 1437.66 1501.39 1555.43 1598.45 1629.44 1651.50 1664.09 1665.96 1650.38 1615.63
ASSETS
Gross Fixed Assets 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41 1218.41
Less Total Depreeciation 174.20 323.13 450.49 559.44 652.67 732.48 800.82 859.37 909.54 952.55 989.45 1021.11 1048.28 1071.63 1091.69 1108.93 1123.77 1136.54 1147.53 1157.01
Net Fixed Assets 1218.41 1044.20 895.27 767.91 658.96 565.73 485.93 417.58 359.04 308.87 265.85 228.96 197.30 170.12 146.78 126.72 109.47 94.64 81.87 70.87 61.40
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Stocks 98.96 113.28 118.94 124.89 130.89 137.43 144.31 151.52 158.86 166.80 175.14 183.90 192.85 202.50 212.62 223.25 234.17 245.88 258.18 271.09
Receivables 41.82 47.52 47.99 48.47 48.96 49.44 49.94 50.44 50.94 51.45 51.97 52.49 53.01 53.54 54.08 55.16 56.26 57.39 58.53 59.71
Other Current Assets 3.88 4.56 4.79 5.03 5.28 5.54 5.82 6.11 6.42 6.74 7.07 7.43 7.80 8.19 8.60 9.03 9.48 9.95 10.45 10.97
Cash & Blank Balance 44.66 35.33 64.14 99.36 127.89 151.52 326.02 485.04 629.05 758.94 874.03 974.52 1060.28 1131.65 1187.44 1227.43 1254.59 1269.54 1270.87 1252.35 1212.47
Misc Fixed Assets
1263.07 1224.20 1124.77 1038.99 965.24 902.38 1004.37 1102.69 1196.16 1284.02 1364.87 1437.66 1501.39 1555.43 1598.45 1629.44 1651.50 1664.09 1665.96 1650.38 1615.63
(Assumption - Cash accumulation will be available with the company for taking up for expansion projects.)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Description/Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
INFLOW 1263.07 295.33 209.50 201.59 195.19 190.37 181.80 166.66 152.01 138.04 123.86 109.69 95.39 81.22 66.36 51.05 39.31 27.43 14.63 (4.58) (25.27)
OUTFLOW 1218.41 304.66 180.69 166.37 166.67 166.74 7.30 7.64 8.01 8.15 8.77 9.19 9.63 9.85 10.56 11.07 12.14 12.48 13.31 13.94 14.60
Surplus(Deficit) 44.66 (9.33) 28.81 35.22 28.53 23.63 174.50 159.02 144.01 129.89 115.09 100.50 85.76 71.37 55.79 39.98 27.16 14.95 1.32 (18.51) (39.88)
Op.Balance - Cash/Bank 0.00 44.66 35.33 64.14 99.36 127.89 151.52 326.02 485.04 629.05 758.94 874.03 974.52 1060.28 1131.65 1187.44 1227.43 1254.59 1269.54 1270.87 1252.35
Clo.Balance of Cash/Bank 44.66 35.33 64.14 99.36 127.89 151.52 326.02 485.04 629.05 758.94 874.03 974.52 1060.28 1131.65 1187.44 1227.43 1254.59 1269.54 1270.87 1252.35 1212.47
Financial Annexure-II
Description/Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Installed Capacity (2.5 MW)
Power Net Generating Capacity (in Lac 139.392 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816
(after axiliary consumption) Units)
(Capacity Utilisation - %) 80% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90%
Revenue from power Generation 501.81 570.18 575.88 581.64 587.46 593.33 599.27 605.26 611.31 617.43 623.60 629.84 636.14 642.50 648.92 661.90 675.14 688.64 702.41 716.46
Other Income -Sale of Ash
Total Revenue 501.81 570.18 575.88 581.64 587.46 593.33 599.27 605.26 611.31 617.43 623.60 629.84 636.14 642.50 648.92 661.90 675.14 688.64 702.41 716.46
Production Cost
Raw Material - Biomass 335.35 384.82 404.06 424.26 445.48 467.75 491.14 515.69 541.48 568.55 596.98 626.83 658.17 691.08 725.63 761.92 800.01 840.01 882.01 926.11
- Coal 56.54 63.61 66.79 70.12 73.63 77.31 81.18 85.24 89.50 93.97 98.67 103.61 108.79 114.23 119.94 125.93 132.23 138.84 145.78 153.07
- Chemcials 3.96 4.68 4.91 5.16 4.46 4.68 4.91 5.16 4.46 4.68 4.91 5.16 4.46 4.68 4.91 5.16 4.46 4.68 4.91 5.16
Salaries & Wages 5% 34.50 36.23 38.04 39.94 41.93 44.03 46.23 48.54 50.97 53.52 56.20 59.01 61.96 65.05 68.31 71.72 75.31 79.07 83.03 87.18
Repairs & Maintenance Charge 5% 6.09 12.18 12.79 13.43 14.10 14.81 15.55 16.33 17.14 18.00 18.90 19.85 20.84 21.88 22.97 24.12 25.33 26.60 27.93 29.32
Depreciation 174.20 148.93 127.36 108.95 93.23 79.81 68.34 58.54 50.17 43.01 36.89 31.66 27.18 23.34 20.06 17.25 14.84 12.77 11.00 9.47
Cost of Production 610.65 650.44 653.95 661.86 672.83 688.39 707.35 729.51 753.72 781.74 812.56 846.10 881.39 920.26 961.82 1006.10 1052.17 1101.97 1154.66 1210.32
Less : cost of steam to Paper Devision 244.26 260.18 261.58 264.75 269.13 275.36 282.94 291.80 301.49 312.70 325.02 338.44 352.55 368.10 384.73 402.44 420.87 440.79 461.86 484.13
Cost of Sales 366.39 390.26 392.37 397.12 403.70 413.03 424.41 437.70 452.23 469.04 487.53 507.66 528.83 552.16 577.09 603.66 631.30 661.18 692.79 726.19
Administrative Expenses 6.00 6.30 6.62 6.95 7.29 7.66 8.04 8.44 8.86 9.31 9.77 10.26 10.78 11.31 11.88 12.47 13.10 13.75 14.44 15.16
Total Cost 372.39 396.56 398.98 404.06 410.99 420.69 432.45 446.15 461.10 478.35 497.31 517.92 539.61 563.47 588.97 616.13 644.40 674.93 707.23 741.35
PBIT 129.42 173.62 176.90 177.58 176.47 172.64 166.82 159.11 150.22 139.07 126.29 111.91 96.53 79.03 59.95 45.77 30.74 13.71 -4.82 -24.89
Interest
Interest on TL 85.13 66.73 48.33 29.93 11.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest on W/C 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.86
PBT 33.54 96.14 117.82 136.90 154.19 161.89 156.07 148.36 139.47 128.32 115.54 101.16 85.78 68.28 49.20 35.02 19.99 2.96 -15.57 -35.75
Tax 12.41 35.57 43.59 50.65 57.05 59.90 57.74 54.89 51.60 47.48 42.75 37.43 31.74 25.26 18.20 12.96 7.40 1.09 0.00 0.00
PAT 21.13 60.57 74.23 86.25 97.14 101.99 98.32 93.47 87.86 80.84 72.79 63.73 54.04 43.01 30.99 22.06 12.59 1.86 -15.57 -35.75
Add Depreciation 174.20 148.93 127.36 108.95 93.23 79.81 68.34 58.54 50.17 43.01 36.89 31.66 27.18 23.34 20.06 17.25 14.84 12.77 11.00 9.47
Add Prelimnary Exp. Written off 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Cash Profit 195.33 209.50 201.59 195.19 190.37 181.80 166.66 152.01 138.04 123.86 109.69 95.39 81.22 66.36 51.05 39.31 27.43 14.63 -4.58 -26.27
Cumulative Profit 21.13 81.70 155.92 242.17 339.31 441.30 539.62 633.09 720.96 801.80 874.59 938.32 992.36 1035.38 1066.37 1088.43 1101.02 1102.89 1087.32 1051.57
Cumulative Depreciation 174.20 148.93 127.36 108.95 93.23 79.81 68.34 58.54 50.17 43.01 36.89 31.66 27.18 23.34 20.06 17.25 14.84 12.77 11.00 9.47
Profit after Tax 21.13 60.57 74.23 86.25 97.14 101.99 98.32 93.47 87.86 80.84 72.79 63.73 54.04 43.01 30.99 22.06 12.59 1.86 -15.57 -35.75
Depreciation 174.20 148.93 127.36 108.95 93.23 79.81 68.34 58.54 50.17 43.01 36.89 31.66 27.18 23.34 20.06 17.25 14.84 12.77 11.00 9.47
Prelimnary Exp. Written off 0.00 0.00 0.00 0.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
Interest on Term Loan 85.13 66.73 48.33 29.93 11.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total A 280.47 276.23 249.92 225.13 201.90 182.80 168.66 155.01 142.04 128.86 115.69 102.39 89.22 75.36 61.05 50.31 39.43 27.63 9.42 -11.27
Repayment of Term Loan 160.00 160.00 160.00 160.00 160.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest on Term Loan 85.13 66.73 48.33 29.93 11.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total B 245.13 226.73 208.33 189.93 171.53 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Generation Cost 3.36 3.02 2.92 2.84 2.76 2.75 2.83 2.91 3.01 3.12 3.24 3.37 3.51 3.66 3.82 4.00 4.18 4.37 4.58
Techncial Annexure-VII
SALE OF POWER
Description/Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Sale Price of the Power 3.60 3.64 3.67 3.71 3.75 3.78 3.82 3.86 3.90 3.94 3.98 4.02 4.06 4.10 4.14 4.22 4.31 4.39 4.48 4.57
Power Sales Realisation Units in Lacs
Power production for sale 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24 174.24
Capacity Utilisation 80% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90% 90%
Power available for sale 139.392 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816 156.816
Net Power Sales realisa 501.81 570.18 575.88 581.64 587.46 593.33 599.27 605.26 611.31 617.43 623.60 629.84 636.14 642.50 648.92 661.90 675.14 688.64 702.41 716.46
Financial Annexure-IV
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
7 Prepared By : SRCCL
Power Project/AIDCPL/Sarguja
RAW-MATERIAL
Project Baseline
Daily Steam Requirement 9 TPD
Operating Hours per day 24 Hours
Steam pressure required for process 10.5 Kg/cm2 Steam Enthalpy
Steam Temperature 180 0
C 2784.02 KJ/kg
Enthalpy 2784 kJ/Kg 664.92 Kcal/kg
Daily thermal energy consumption 601344000 kJ/day
Operating days 330 days
Annual thermal energy consumption 198 TJ
Coal
Steam Requirement for the process 22 TPH
Gross Calorific Value (GCV) Kcal/kg. 3800 Kcal
Feed Water Temperature 105 0C
Boiler Efficiency 85.0%
Coal required for 1 TPH Steam Generation
Theoretical Heat Requirement for steam generation at
794000
44 kg/cm
Kcal/tonne
2
, 4800C
Theoretical Heat Requirement at 84% Boiler Ef 934118 Kcal/tonne
Coal requirement per TPH steam Generation 246 kg
Coal requirement per 22 TPH steam Generatio 5.41 TPH
No of working days in a year 330 days
No of working Hours per day 24 hours
Annual Coal Requirement 42832 MT
(if 100% Coal is used as raw-material)
Coal Price Per MT Rs. 1100
Proposed % 15%
Annual Coal Requirement (15% uses) 6425 MT
Misc. Chemicals
Chemicals Required (per hour) for 2.5 MW 62.5 Rs
No.of working days in a year 330
No. of working Hours per day 24
Annual Chemical Requirement 4.95 RS.
Prepared By : SRCCL 6
Power Project/AIDCPL/Sarguja
Technical Annexure-VIII
Total 42 27.60
34.50
Prepared By : SRCCL 8
Power Project/AIDCPL/Sarguja
Depreciation
Land 0 0.00
Site Development & Building 162.59 8.54 0.00 171.13
P & Machinery (incl. Electrical) 995 52.27 0.00 1047.27
Miscellaneous Fixed Asset 0 0.00 0.00 0.00
Site Development & Building 3.34% 171.13 Dep 5.72 5.52 5.34 5.16 4.99 4.82 4.66
WDV 165.42 159.89 154.55 149.39 144.40 139.58 134.91
P & Machinery (incl.Electrical) 5.28% 1047.27 Dep 55.30 52.38 49.61 46.99 44.51 42.16 39.93
WDV 991.98 939.60 889.99 843.00 798.49 756.33 716.39
Misc. Fixed Asset 5.28% 0.00 Dep 0.00 0.00 0.00 0.00 0.00 0.00 0.00
WDV 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Site Development & Building 10% 171.13 Dep 17.11 15.40 13.86 12.48 11.23 10.11 9.09 8.19 7.37 6.63 5.97 5.37 4.83 4.35 3.91 3.52 3.17 2.85 2.57 2.31
WDV 154.02 138.62 124.76 112.28 101.05 90.95 81.85 73.67 66.30 59.67 53.70 48.33 43.50 39.15 35.23 31.71 28.54 25.69 23.12 20.81
P & Machinery (incl.Electrical) 15% 1047.27 Dep 157.09 133.53 113.50 96.47 82.00 69.70 59.25 50.36 42.81 36.38 30.93 26.29 22.34 18.99 16.14 13.72 11.66 9.91 8.43 7.16
WDV 890.18 756.65 643.16 546.68 464.68 394.98 335.73 285.37 242.57 206.18 175.25 148.97 126.62 107.63 91.48 77.76 66.10 56.18 47.76 40.59
Misc. Fixed Asset 15% 0.00 Dep 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
WDV 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dep 174.20 148.93 127.36 108.95 93.23 79.81 68.34 58.54 50.17 43.01 36.89 31.66 27.18 23.34 20.06 17.25 14.84 12.77 11.00 9.47
WDV ### 895.27 767.91 658.96 565.73 485.93 417.58 359.04 308.87 265.85 228.96 197.30 170.12 146.78 126.72 109.47 94.64 81.87 70.87 61.40
Computation of Tax
Loss BF
Added Loss
Loss Set Off / Amount available for set off (79.65) 0.00 0.00 0.00
Loss CF
Tax Payable (Regular Tax or MAT whichever is Lower) 0.00 7.54 9.24 10.73 12.09
(As this company is exempt from tax under sec 80 -1A - So, MAT is applicable)
Prepared By : SRCCL 10
Power Project/AIDCPL/Sarguja
Financial Annexure-VII
Rs. in Lacs
Date Disbursement Interest Installment Repayment Balance Days
2006 - 07
31-Mar-06 800.00 92
30-Jun-06 23.19 40.00 63.19 760.00 91
30-Sep-06 21.79 40.00 61.79 720.00 92
31-Dec-06 20.87 40.00 60.87 680.00 90
31-Mar-07 19.28 40.00 59.28 640.00 0
0.00 85.13 160.00 245.13
Outstanding Balance
640.00 480.00 320.00 160.00 0.00
Financial Annexure-VI
CALCULATION OF WORKING CAPITAL REQUIRED
Margin 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
A Raw Material 98.96 113.28 118.94 124.89 130.89 137.43 144.31 151.52 158.86 166.80 175.14 183.90 192.85 202.50 212.62 223.25 234.17 245.88 258.18 271.09
Biomass 3 months 25% 97.97 112.11 117.71 123.60 129.78 136.27 143.08 150.23 157.74 165.63 173.91 182.61 191.74 201.33 211.39 221.96 233.06 244.71 256.95 269.80
Chemical 3 months 25% 0.99 1.17 1.23 1.29 1.11 1.17 1.23 1.29 1.11 1.17 1.23 1.29 1.11 1.17 1.23 1.29 1.11 1.17 1.23 1.29
B Debtors 1 month 30% 41.82 47.52 47.99 48.47 48.96 49.44 49.94 50.44 50.94 51.45 51.97 52.49 53.01 53.54 54.08 55.16 56.26 57.39 58.53 59.71
C Chargeble Current Asset 140.78 160.79 166.93 173.36 179.85 186.88 194.25 201.96 209.80 218.25 227.11 236.38 245.86 256.04 266.70 278.41 290.44 303.27 316.71 330.79
D Non-Chargeable CA 3.88 4.56 4.79 5.03 5.28 5.54 5.82 6.11 6.42 6.74 7.07 7.43 7.80 8.19 8.60 9.03 9.48 9.95 10.45 10.97
Salary / Wages 1 month 100% 2.88 3.02 3.17 3.33 3.49 3.67 3.85 4.05 4.25 4.46 4.68 4.92 5.16 5.42 5.69 5.98 6.28 6.59 6.92 7.26
Admin. Exp. 1 month 100% 0.50 0.53 0.55 0.58 0.61 0.64 0.67 0.70 0.74 0.78 0.81 0.86 0.90 0.94 0.99 1.04 1.09 1.15 1.20 1.26
Rep. & Maintenance 1 month 100% 0.51 1.02 1.07 1.12 1.18 1.23 1.30 1.36 1.43 1.50 1.58 1.65 1.74 1.82 1.91 2.01 2.11 2.22 2.33 2.44
E TOTAL W.C. Required 144.66 165.35 171.72 178.38 185.12 192.42 200.06 208.07 216.22 224.99 234.18 243.81 253.66 264.22 275.29 287.44 299.91 313.22 327.16 341.76
F Margin 44.66 65.35 71.72 78.38 85.12 92.42 100.06 108.07 116.22 124.99 134.18 143.81 153.66 164.22 175.29 187.44 199.91 213.22 227.16 240.76
G Bank Borrowing 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 101.00
Interest on WC loan is assumped at 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.75 10.86
(Working capital margin has been assumed on the basis of second year at Rs. 90 lac. (approximately)
1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
Fixed Cost nthyear 1.55 1.51 1.47 1.44 1.4 1.37 1.34 1.31 1.27 1.24
Variable Cost 1.24 1.3 1.37 1.43 1.51 1.58 1.66 1.74 1.81 1.87
Sale Price of the Power 2.79 2.81 2.84 2.87 2.91 2.95 3.00 3.05 3.08 3.11
I increase 0.7% 1.1% 1.0% 1.4% 1.4% 1.7% 1.6% 1.0% 1.0%
Prepared By : SRCCL 9
IRR Calculation Using Post Tax Earnings
Project IRR
0 1 2 3 4 5
Cash Out Flow 1218.41
Net Cash flow (1218.41) 195.33 209.50 201.59 195.19 190.37
IRR 10.59%
Project IRR
0 1 2 3 4 5
Cash Out Flow 1218.41
Net Cash flow (1218.41) 207.74 245.07 245.18 245.85 247.42
IRR 15.58%
6 7 8 9 10 11 12 13 14
33447 33447 33448 33448 33448 29732 29732 29732 29732
183.96 183.96 183.96 183.96 183.96 163.52 163.52 163.52 163.52
55.19 55.19 55.19 55.19 55.19 49.06 49.06 49.06 49.06
128.77 128.77 128.77 128.77 128.77 114.47 114.47 114.47 114.47
310.57 295.43 280.79 266.81 252.63 224.15 209.86 195.68 180.82
6 7 8 9 10 11 12 13 14
6 7 8 9 10 11 12 13 14
33447 33447 33448 33448 33448 29732 29732 29732 29732
183.96 183.96 183.96 183.96 183.96 163.52 163.52 163.52 163.52
55.19 55.19 55.19 55.19 55.19 49.06 49.06 49.06 49.06
128.77 128.77 128.77 128.77 128.77 114.47 114.47 114.47 114.47
370.47 353.18 335.68 318.41 300.11 266.90 247.29 227.42 206.09
15 16 17 18 19 20
15 16 17 18 19 20
29732 29732 29732 29732 29732 29732
163.52 163.52 163.52 163.52 163.52 163.52
49.06 49.06 49.06 49.06 49.06 49.06
114.47 114.47 114.47 114.47 114.47 114.47
165.52 153.77 141.89 129.10 109.89 88.19
15 16 17 18 19 20
15 16 17 18 19 20
29732 29732 29732 29732 29732 29732
163.52 163.52 163.52 163.52 163.52 163.52
49.06 49.06 49.06 49.06 49.06 49.06
114.47 114.47 114.47 114.47 114.47 114.47
183.72 166.73 149.29 130.19 109.89 88.19