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Economic Feasibility Study Of Company A’S Investment In 350MW Gas-fired Power Plant In Sri Lanka

Posted on:2023-03-09Degree:MasterType:Thesis
Country:ChinaCandidate:G D LvFull Text:PDF
GTID:2569306770992869Subject:(professional degree in business administration)
Abstract/Summary:PDF Full Text Request
China no longer invest in coal-fired power plants overseas under the background of global energy conservation and emission reduction.With China already committing to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060,green energy such as gas power generation,wind power generation and photo-voltaic power generation have become the main direction of China’s power station investment.As a state-owned enterprise and one of the earliest EPC contractors of "going out",Company A actively implements the national policy,reflecting its responsibility as A state-owned enterprise.At the same time,Company A is adjusting its business structure,transforming from EPC contractor to power station investment and operator.In June 2021,the Sri Lankan government publicly bid for the construction of 350 MW combined cycle gas power station in the form of PPP,which brought an opportunity for A company to invest in green energy.Starting with the foreign investment environment in Sri Lanka,this paper focuses on the analysis of the country’s power investment market,and concludes that the country’s power demand is strong,the power gap is large,and there are plans for building new power stations.Then,the construction background and situation of 350 MW combined cycle gas power station project that COMPANY A will participate in are introduced in detail.And introduces the basic scheme of the project investment and financing,and on this basis,establish a financial model,with the aid of computer to calculate the project bidding price,investment,internal rate of return,payback period of investment,such as financial and economic evaluation index in the net present value method,and through the comparative analysis method to determine the optimal combination in return on investment.Based on the tariff in price of 9.985 cents per kwh and total investment of $320 million,the internal rate of return on capital before tax is 18%,and the payback period of investment is 8years,which is an important economic indicator conclusion to demonstrate the economic feasibility of the project.Finally,through the analysis of the impact of the economic feasibility of the project can be identified risks,and put forward the corresponding suggestions,to ensure the project income,make the economic feasibility of the project has more practical significance.This paper adopts the methods of literature research,qualitative analysis and quantitative analysis,as well as field observation,interview survey,conference survey,expert survey and other investigation methods,the results obtained by these methods enrich the arguments of this paper.In the end,this paper reviews and summarizes the research and puts forward new prospects for future research in this field.
Keywords/Search Tags:Gas-fired power stations, NPV, Investment, Feasibility Study
PDF Full Text Request
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