The Feasibibity Study Of S Steel Sintering Cogeneration Project

At present, the sintering cogeneration project technology in China is expanding. Manyresearches and discussions have been conducted on new sintering cogeneration project.However, most of these researches are related to technological evaluations. Analysis andevaluations on economic rationality comparatively are very insufficient. Hence, it isextremely urgent to establish an economic rationality evaluation system for feasibility studyof sintering cogeneration project. This paper then exactly aims to find a scientific economicanalysis method applicable to the feasibility study of sintering cogeneration project, so as toreduce cost and maximize the economic benefits.Firstly, this paper gives a brief introduction to relevant basic theories, explicitlyelaborating the definition and characteristics of project feasibility study, and furtherelaborating the definition, contents, methods, evaluation and indicators of economic analysisand assessment for project feasibility study.Secondly, the paper probes into the background, project approval, implementation,necessities of technology, techniques and design features of sintering cogeneration project.The project management of the whole range of costs management, administrative andmanagement and risk management field of knowledge. It is of great necessity for S Steel tonewly build sintering cogeneration project, so as to promote its market competitiveness,increase economic benefit and fulfill the overall development strategy of Group.Thirdly, during the research and analysis, this paper gives first priority to theeffectiveness of economic analysis. Taking the sintering cogeneration project as an example,this paper based on basic theories of economic analysis and evaluation, probes into theinfluence of analysis of environmental economic benefits and linkage effects on evaluationsand analysis of the new project through comparative analysis on benefits and sensibilities,evaluations on economic static (non discounting) and economic dynamic (discounting) andassessment on investment and net present value. A comprehensive economic analysis andevaluation on the sintering cogeneration project of sinter-making Plant of S Steel has beenconducted in this paper. Besides, the paper summarizes the economic analysis and evaluationmethods applied in the project so as to strengthen the analysis and evaluations, verify theprospect of this project and increase the management level.Weeding out existing obsolete sintering used heat recovery system and newly buildingbiggish-scale sintering waste heat utilization facilities could help to solve environmentalproblems existed in sintering system today and to promote the optimization and adjustment of Plant of S Steel.Finally, since the theory and practice regarding to economic assessment and analysis isstill in its infancy. Comprehensively and effectively working out the economic rationalityanalysis for feasibility study of sintering cogeneration project can help to avoid blindconstruction and wasting of resources and funds. With its contribution to the optimization ofexisting schemes, the best development of corporate, society, environment and harmoniouseconomy could be achieved. Besides, this paper will provide references to the feasibility studyof the project.