The Feasibility Analysis On WF Power Plant Phase Ⅱ Expansion Project

In 2008, lack of light attacks China, including Shandong province, and the Weifang City has become the hardest region in Shandong Province.In order to break through bottlenecks ensuring the healthy and continuous development of the national economy, we must take great efforts to building a power plant investment project or expanding at the original power plant . WF Power Plant Phase II expansion project launched in this context to make a major decision, and the purpose of this thesis is project the feasibility of an objective scientific analysis combining the feasibility of the theory and the second phase expansion project with the specific circumstances of the project, so as to improve power plant expansion project WF success rate of investment by providing intellectual support. This thesis first explains the research background, topics significance, structural arrangements, and innovation, and overviews feasibility theory of the project, then after a brief introduction about Power Plant Phase II expansion of the WF project into the main thesis of the project that is feasibility analysis.This paper conducted a comprehensive feasibility analysis about WF Power Plant Phase II expansion project through many statistical data, from the market and competitive analysis, project construction and production conditions analysis, technical analysis, financial analysis, risk analysis. Specifically, in the market and competitive analysis, this article not only described in detail the market situation on the country, Shandong and Weifang, but also make a precise judgment about market competition situation of the project using SWOT method; in the project construction and production conditions analysis, this paper does a detailed appraisal separately from the project site,fuel supply,transportation,water supply,the supply of limestone,ash and environmental protection. in technical analysis, this paper does process analysis from the project analysis, host selection and system analysis;in the financial analysis, this paper estimates from the investment, financing, and financial benefit analysis;in project risk analysis, this article explores the project's market risk after the use of AHP fuzzy evaluation method. Finally, this paper draws the scientific conclusions on the WF Power Plant Phase II expansion project that the project is feasible. This article has three innovations: Firstly, this article seeks to project the feasibility of the theory and closely integrated with project itself, and overcome the previous similar project feasibility analysis of the project itself and only focus on empirical research on the project, the drawbacks on empirical analysis and theory out of touch; Secondly, the latest edition of "Construction Project Economic Evaluation Methods and Parameters" (third edition) give way to the introduction of this article, carried out 11 calculus on the financial evaluation; Thirdly, this thesis gives a complete theoretical system, for the same industry analysis of the feasibility of other projects to provide a better model. This article has two deficiencies: Firstly, this article exists some technical difficulties in the financial evaluation of the selection and calculation of indicators, which may result in failure analysis of some conclusions; Secondly, uncertainties of the project in the sensitivity analysis exists a certain subjectivity,which may affect objectively and scientifically the project feasibility analysis.