Study On The Price Of N Hydropower Station Acquisition

Priority development hydropower is set by the state for the basic energy strategy and policies, because of global energy shortage, poor environmental conditions, continued growth in electricity demand in China. More and more investors adopt Hydropower project's overall control or equity investment.In view of this, the paper depth discusses hydropower project in the pricing of the acquisition. In this paper, a hydropower project has been developed as a case, as the analysis object, using the appropriate methods and means to evaluate its analysis, research methods and results of acquisitions in the industry has some reference value.Paper is divided into three parts.The first part reviews the basic theory of the acquisition, the acquisition price and the pricing risk, summarizes the basic principles of acquisition pricing, applicability and limitations.The second part focuses on the pricing process and the economic evaluation of forecast after the acquisition process. Detailed information obtained through research and data, and based on national as well as water and power industry codes and standards, the second part researches the acquisition pricing of the N hydropower station, and then summarizes the acquisition pricing operating mode which is appropriate from theory and practice, and can be learned in the same industry. Combined with the characteristics of hydropower projects, analysis of the acquisition an important factor in the success or failure, and then design pricing process, clear pricing objectives, analysis of future earnings, the discount rate, duration and cther important factors that predict the weight, select the appropriate pricing model to calculate the price and financing. This section shows how to purchase and calculate the price. After an introduction to the pricing process, the paper also calculates a series of economic evaluation in the future, including the use of long-term investment decision-making theory to analyze the project's investment decisions, such as payback period method, net present value, internal rate of return method, etc., the use of financial analysis of profitability and solvency of the project risk analysis, which is also the reasonableness of the acquisition of the project itself to verify.The third part summarizes the conclusions of the paper and insufficient. Priority development hydropower is set by the state for the basic energy strategy and policies, because of global energy shortage, poor environmental conditions, continued growth in electricity demand in China. More and more investors adopt Hydropower project's overall control or equity investment.In view of this, the paper depth discusses hydropower project in the pricing of the acquisition. In this paper, a hydropower project has been developed as a case, as the analysis object, using the appropriate methods and means to evaluate its analysis, research methods and results of acquisitions in the industry has some reference value.Paper is divided into three parts.The first part reviews the basic theory of the acquisition, the acquisition price and the pricing risk, summarizes the basic principles of acquisition pricing, applicability and limitations.The second part focuses on the pricing process and the economic evaluation of forecast after the acquisition process. Detailed information obtained through research and data, and based on national as well as water and power industry codes and standards, the second part researches the acquisition pricing of the N hydropower station, and then summarizes the acquisition pricing operating mode which is appropriate from theory and practice, and can be learned in the same industry. Combined with the characteristics of hydropower projects, analysis of the acquisition an important factor in the success or failure, and then design pricing process, clear pricing objectives, analysis of future earnings, the discount rate, duration and other important factors that predict the weight, select the appropriate pricing model to calculate the price and financing. This section shows how to purchase and calculate the price. After an introduction to the pricing process, the paper also calculates a series of economic evaluation in the future, including the use of long-term investment decision-making theory to analyze the project's investment decisions, such as payback period method, net present value, internal rate of return method, etc., the use of financial analysis of profitability and solvency of the project risk analysis, which is also the reasonableness of the acquisition of the project itself to verify.The third part summarizes the conclusions of the paper and insufficient.