Sheet1Total cost of project2912Debt0.72038.4Equity0.3873.6Rate of interest0.12Pattern of debt withdrawalYearPercaentageTime10.252.520.351.530.40.5CALCULATION OF IDCTimeAMOUNTTotal Amount509.6713.44815.362038.4630.57642.806448.92161261.15285.61281261.152Total IDCInterest152.88128.419248.9216330.2208Total cost of in Lacs3242.2208Debt2269.55456CAPACITY OF 1 UNIT IN KW2500Equity9726.6624No of Units2TOTAL CAPACITY IN KW5000PLANT LOAD FACTOR0.74Hours X Days in a Year8760Units Generated in a Year32412000KWHPlant Availability losses@5%1620600Aux Consumtion@0.5%178266Units for sale30613134Units306lacsCalculation of Cost of generations (Rs/Unit)(a) Operation & maintenance cost @ 2% of project cost58.24(b) Depreciation81.90(c) Interest on term loan for 1st year272.35Total412.49Lacs Cost of generation (Rs/Unit)1.35 Calculation of working capital1/9 th of O&M (Rs Lacs)6.4745.00 45 days rec (Rs Lacs)99.90Total in lacs106.37Interest on working capital @13%13.83Revenue per unit (Rs)2.5Agrreement with upcl

Sheet2Deprecation AssetBulding & Civil worksSLM-MNESWDV- Income tax 10%Diversion weir and intake191.443.40%6.51Head and tail race channnel168.091.95%3.28Desilting forebay and spill way135.083.40%4.59Penstock703.743.40%23.93Power Hs Building253.833.40%8.63Bulding 303.02%0.91Roads303.02%0.91Total in Rs (Lacs)1512.1848.75LacsPlant and MachWDV-25%Electro mech equipment7003.40%23.8Cables, LT panel15.53.02%0.47Lighting & Ventilation63.02%0.18DC battery 433.40%1.34 Grounding System23.04%0.06Fire protection system112.77%0.13Cooling water, dewatering57.84%0.39Transformers & switchyard DG86.597.84%6.79Total Rs (in Lacs)820.0933.15LacsTotal Depreciation81.90

Sheet3Interest12%YearQuaterly installmentLoan at begining of quaterPrincipal repayment during the quaterBalance load at the end of the quaterInterest during the quaterAnnual interest paymnetAnnual principal repaymnet112269.550.002269.5568.09272.350.00Termloan2269.5545622269.550.002269.5568.09Paymnet Period6Years+1 year morat24installment32269.550.002269.5568.09Repayment94.5642269.550.002269.5568.09212269.5594.562174.9968.09255.33378.2622174.9994.562080.4365.2532080.4394.561985.8762.4141985.8794.561891.3159.58311891.3194.561796.7556.74209.94378.2421796.7594.561702.1953.9031702.1994.561607.6351.0741607.6394.561513.0748.23411513.0794.561418.5145.39164.55378.2421418.5194.561323.9542.5631323.9594.561229.3939.7241229.3994.561134.8336.88511134.8394.561040.2734.04119.16378.2421040.2794.56945.7131.213945.7194.56851.1528.374851.1594.56756.5925.5361756.5994.56662.0322.7073.77378.242662.0394.56567.4719.863567.4794.56472.9117.024472.9194.56378.3514.1971378.3594.56283.7911.3528.38378.242283.7994.56189.238.513189.2394.5694.675.68494.6794.560.112.84

Sheet4Table:3 WORKING RESULTS (WITHOUT SUBSIDY)PROFITABILITY STATEMENT (Rs Lacs)Year after end of construction123456789101112131415161718192021222324252627282930Gross Revenue763.55763.55763.55763.55763.55801.74801.74801.74801.74801.74841.82841.82841.82841.82841.82883.92883.92883.92883.92883.92928.11928.11928.11928.11928.11974.52974.52974.52974.52974.52Less ExpensesO&M Expenses58.2458.2458.2458.2458.2461.1561.1561.1561.1561.1564.2164.2164.2164.2164.2167.4267.4267.4267.4267.4270.7970.7970.7970.7970.7974.3374.3374.3374.3374.33Gross Margin705.31705.31705.31705.31705.31740.588740.588740.588740.588740.588777.6104777.6104777.6104777.6104777.6104816.49992816.49992816.49992816.49992816.49992857.318916857.318916857.318916857.318916857.318916900.1893618900.1893618900.1893618900.1893618900.1893618Less Deprecation81.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.90Less InterestTerm Loan Interest272.35255.33209.94164.55119.1673.7728.3800000000000000000000000Working Capital Interest13.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.8313.83Prelimenary expenses written off111111111111111111111111111111Profit before Tax336.23353.25398.64444.03489.42570.09615.48643.86643.86643.86680.88680.88680.88680.88680.88719.77719.77719.77719.77719.77760.59760.59760.59760.59760.59803.46803.46803.46803.46803.46Tax0000000000Profit after TaxDividendReatinaed EarningsUnabsorbed losAccumulated Reatained EarningsProfit after TaxAdd Interest (Term Loan)Add DeprecationCflowfrom end of year 3COST OF GENERATIONO&M Expenses58.2458.2458.2458.2458.2461.1561.1561.1561.1561.1564.2164.2164.2164.2164.2167.4267.4267.4267.4267.4270.7970.7970.7970.7970.7974.3374.3374.3374.3374.33Deprecation81.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.981.9Interest on Term Loan272.35255.33209.94164.55119.1673.7728.3800000000000000000000000Total annual Cost412.49395.47350.08304.69259.30216.82171.43143.05143.05143.05146.11146.11146.11146.11146.11149.32149.32149.32149.32149.32152.69152.69152.69152.69152.69156.23156.23156.23156.23156.23Generation cost Per Unit1.351.291.151.000.850.710.560.470.470.470.480.480.480.480.480.490.490.490.490.490.500.500.500.500.500.510.510.510.510.51Cash Flow IRR 15 YearsIRR 30 Yeras

Sheet5

Sheet6Cost of Generation of . SHP with ROECost of Generation of . SHP with ROECost of Generation of . SHP with ROE

DetailsYearYearYearYearYear5YearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearYearAvg01234567891011121314151617181920212223242526272829303132333435

Capacity Charges0Interest on T/L ( In Lacs)272.35255.33209.94164.55119.1673.7728.380.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00Depreciation is calculated as per UERC Guidelines81.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.90

Total Capacity Charges354.25337.23291.84246.45201.06155.67110.2881.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.9081.90

Energy ChargesO & M charges as per UERC norms 255.55270.16285.62301.95319.23337.49356.79377.20398.77421.58445.70471.19498.15526.64556.76588.61622.28657.87695.50735.29777.34821.81868.82918.51971.051026.601085.321147.401213.031282.411355.771433.321515.301601.981693.61766.70766.7029444071ROE194.53194.53194.53194.53194.53194.53194.53194.53194.53194.53209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66209.66Income Tax 275.49274.74273.83272.74271.47269.99268.31266.41264.27261.89420.56415.83462.78457.07450.83444.03436.64428.63419.95410.58400.47389.58377.86365.27351.76337.27318.22298.08276.78254.27230.47205.31178.71150.59120.86

Total Energy Charges725.57739.44753.98769.23785.23802.01819.64838.14857.58878.011075.931096.681170.591193.371217.261242.301268.581296.161325.121355.531387.481421.051456.341493.451532.471573.531613.201655.141699.471746.351795.901848.291903.681962.232024.13

Working Capitali)Operation & Maintenance expenses for one month21.3022.5123.8025.1626.6028.1229.7331.4333.2335.1337.1439.2741.5143.8946.4049.0551.8654.8257.9661.2764.7868.4872.4076.5480.9285.5590.4495.62101.09106.87112.98119.44126.28133.50141.13ii) Receivables equivalent to 2(Two) months of energy charges for sale of electricity calculated on the normative CUF324.83325.67326.63327.70328.90330.25331.73333.37335.17344.32374.83376.82319.80322.15324.67327.41330.35333.52336.94340.60344.53348.74353.25358.08363.24368.75375.64382.92390.61398.75407.35416.45426.06436.23446.98iii) Maintenance spare @ 15% of operation and maintenance expenses3.193.383.573.773.994.224.464.714.985.275.575.896.236.586.967.367.788.228.699.199.7210.2710.8611.4812.1412.8313.5714.3415.1616.0316.9517.9218.9420.0221.17Total349.32351.56354.00356.64359.49362.59365.92369.52373.39384.72417.54421.98367.54372.62378.03383.82389.99396.57403.59411.07419.03427.50436.51446.11456.30467.14479.65492.88506.86521.65537.28553.81571.28589.75609.29Interest on Working Capital13.20%46.1146.4146.7347.0847.4547.8648.3048.7849.2950.7855.1255.7048.5249.1949.9050.6651.4852.3553.2754.2655.3156.4357.6258.8960.2361.6663.3165.0666.9168.8670.9273.1075.4177.8580.43187.65187.18182.09177.13172.29167.59163.04161.47164.79344.32202.16205.71216.83220.74224.84229.14233.66238.40243.38248.62254.11259.90265.98272.37279.10286.18293.07300.35308.05316.18324.79333.88343.50353.66364.41Capacity+ Energy Charges+Interest on Working Capital1125.931123.071092.551062.761033.741005.55978.22968.82988.771010.691212.941234.281301.001324.461349.051374.871401.961430.411460.291491.691524.691559.381595.861634.231674.601717.091758.411802.101848.281897.111948.722003.292060.992121.982186.46Saleable Energy (MU)56.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.3056.30Net Cost of Gen. (Rs/unit)2.001.991.941.891.841.791.741.721.761.802.152.192.312.352.402.442.492.542.592.652.712.772.832.902.973.053.123.203.283.373.463.563.663.773.88

Discount factor @11.1%11.10.900.810.730.660.590.530.480.430.390.350.310.280.250.230.210.190.170.150.140.120.110.100.090.080.070.060.060.050.050.040.040.030.030.030.038.78Discounted tariff @11.1 %1.801.621.421.241.080.950.830.740.680.630.680.620.590.540.490.450.420.380.350.320.300.270.250.230.210.200.180.170.160.140.130.120.110.110.1018.51Levelized tariff @11.1%2.11Discount factor @8%80.930.860.790.740.680.630.580.540.500.460.430.400.370.340.320.290.270.250.230.210.200.180.170.160.150.140.130.120.110.100.090.090.080.070.0711.26Discounted tariff @8 %1.851.711.541.391.251.131.010.930.880.830.920.870.850.800.760.710.670.640.600.570.540.510.480.460.430.410.390.370.350.330.320.300.290.280.2624.19Levelized tariff @8%2.1491163361

13.421729.592.598450.021250.978751769.7966283525294.96610472540.000761035