Investment Risk Assessment And Preventive Measures Of Pakistan Karachi Thermal Power Plant Project

In 2015 the Chinese government put forward "the Belt and Road" initiative, which gets positive response from countries along the Belt and Road, and infrastructure is becoming a hot spot of overseas investment including power projects, and big power projects keep emerging. With successive establishment of the Silk Road Fund and the Asian Infrastructure Investment Bank, the Chinese government intensifies support on "going global" of overseas investment in thermal power projects. Chinese power enterprises have made great achievements, meanwhile, it is undeniable that risk analysis, risk prevention, scientific assessment of Chinese foreign power investment projects started lately, specific projects practices have problems such as weak risk awareness, poor risk management, inadequate risk assessment methods. How to make the project decision-making process more scientific, standardized and efficient and how to evaluate risk and take measures for such targeted thermal power project is an important issue of investment decision-making.At present, economic evaluation of overseas thermal power investment project mainly depends on the financial evaluation, and indicators such as internal rate of return, net present value and payback period of investment are used to determine project feasibility. So the economic evaluation process has many imperfections. In the process of economic evaluation, risk evaluation, prevention and control are not paid enough attention, resulting biased evaluation index and incomprehensive evaluation results. China has not set uniform standard on the content, depth and evaluation index of the foreign power project risk evaluation, specific project has to be analyzed particularly by the reviewers making appropriate adjustments according to the actual situation of project, selecting study range and parameter on economic evaluation.Overseas thermal power projects have huge amount of investment, long payback period and high risk degree, Pakistan Karachi thermal power investment project as an important demonstration project of "The China Pakistan Economic Corridor" has certain representativeness. In this paper, based on investment risk evaluation of Pakistan Karachi thermal power investment project, risk factors of the whole project life cycle will be identified and analyzed, risk assessment and targeted preventive measures will be provided, and this paper will describe risk evaluation index according to project risk factors analysis by means of fuzzy evaluation decision method, and on the basis of the risk assessment, through comprehensive evaluation method, comprehensive economic evaluation index will be provided as the important basis of project decision-making.Through analyzing the risk factors of life cycle of Pakistan Karachi thermal power investment project, this paper seizes the main basis of overseas project data and risk factors, puts forward more scientific, appropriate risk preventive measures and comprehensive economic evaluation index, which has a certain reference significance to carry out risk analysis, prevention, and scientific evaluation of overseas thermal power investment project in the future.