INPUT DATA

1 Installed Capacity(MW) 6.00

2 Net Energy at Bus-bar(GWH) 25.09
3 Average Base Rate of SBI = 0.089
4 Basis Point = 300 3.00%
5 Basis Point = 350 3.50%
6 Capital Cost (Rs lakh)= 5438.00
7 MNRE Grant (Rs. Lacs) 500.00
8 Cost of Land(Rs. Lacs) 0.00
9 Loan repayment period (years)= <=15 12

Primary output:
Project Cost +IDC(Rs. Lacs) 5758.84
IDC+FC(Rs. Lacs) 320.84
Receivables considered (for 02 months)= (Rs. Lacs) 166.69
Secondary output:
Levellised Tariff /Avg Saleable Price per unit of Power(Rs/KWh)= 3.99

PLF= 56.259
49.533
Forced outrage 10 days has been considered per year= 2.74%
Auxiliary loss = 1%
10 Annual O&M Charges(Rs. lacs) per MW 17.49
11 Escalation on O&M(%) 5.72%
12 Depreciation allowed for 12 Years 5.83%
13 Depreciation recovery at Max. Rate(%) 90%
14 Return on Equity(%) for first 10 years 20%
15 Return on Equity(%) from 11th years and onwards 24%
16 Return on Equity(%) considered (Weighted Avg) 22.86%
17 MAT 0%
18 Maintenance Spares(% of O&M) 15%
19 Interest on Loan(%) 11.88%
20 Interest on Working Capital(%) 12.38%
21 Discount Rate(%) 10.70%
22 1st Year O&M charges (lakh)= 104.93
23 Construction Period (months) = 24
24 Loan= 0.7
25 Equity = 0.3
26 Income Tax Rate = 33.99%
 Calculation of IDC for Lodhama -II Small Hydro-Electric Project
(Considering MNRE Grant)
Hard Cost including other expenses = Rs Lakh 5438.00
Interest Rate = 11.88% 2.97%

Construction Period (considered) months 24

MNRE Subsidy Rs Lakh 500.00 (As per present Norms)
Project CostDeducting MNRE Subsidy Rs Lakh 4938.00

Equity Equity Outstanding

Period Hard cost Rs. Lakh Available Expended Loan taken interest FV IDC Loan
Phasing of exl MNRE
(Month) Expenditure Total grant Rs. Lakh Rs. Lakh Rs. Lakh Rs. Lakh Rs. Lakh Rs. Lakh
3 5.00% 271.90 246.90 1577.65 246.90 0.00 0 0 0 0
6 15.00% 815.70 740.70 1330.75 740.70 0.00 0.00 0.00 0.00 0.00
9 10.00% 543.80 493.80 590.05 493.80 0.00 0.00 0.00 0.00 0.00
12 15.00% 815.70 740.70 96.25 96.25 644.45 19.14 663.59 19.14 663.59
15 15.00% 815.70 740.70 0.00 0.00 740.70 41.71 1445.99 41.71 1445.99
18 15.00% 815.70 740.70 0.00 0.00 740.70 64.94 2251.64 64.94 2251.64
21 15.00% 815.70 740.70 0.00 0.00 740.70 88.87 3081.21 88.87 3081.21
24 10.00% 543.80 493.80 0.00 0.00 493.80 106.18 3681.19 106.18 3681.19
100.00% 5438.00 4938.00 0.00 3360.35 320.84 320.84

Capital CostSummary (Rs. Lakh) Financial Package Summary (Rs. Lakh)

Project Cost after subsidy 4938.00 A. Equity Component 1577.65
IDC 320.84 B. Loan (including IDC) Component 3681.19
C. MNRE Subsidy 500.00
IDC+FC = 320.84 D. Total Project Cost (A+B+C) = 5758.84
Total Cost excluding MNRE = 5258.84 E. Project Cost Deducting MNRE Subsidy (D-C) = 5258.84
Equity = 1577.65

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 Loan Repayment Schedule for Pedong SHP (Rs. In Lac)

Year Opening EMI Principal Interest Outstanding

1 3681.19 590.98 153.65 437.33 3527.54
2 3527.54 590.98 171.91 419.07 3355.63
3 3355.63 590.98 192.33 398.65 3163.30
4 3163.30 590.98 215.18 375.80 2948.12
5 2948.12 590.98 240.74 350.24 2707.38
6 2707.38 590.98 269.34 321.64 2438.04
7 2438.04 590.98 301.34 289.64 2136.69
8 2136.69 590.98 337.14 253.84 1799.56
9 1799.56 590.98 377.19 213.79 1422.36
10 1422.36 590.98 422.00 168.98 1000.36
11 1000.36 590.98 472.14 118.84 528.23
12 528.23 590.98 528.23 62.75 0.00
13 0.00 0.00 0.00 0.00 0.00
14 0.00 0.00 0.00 0.00 0.00
15 0.00 0.00 0.00 0.00 0.00

3681.19 3410.56

i Interest on loan = 11.88%

 Chel II SHP
Levellised Tariff (considering 75 % dependable flow data)
Project Parameters Project Cost Annual O&M Cost & other Parameters

Installed Capacity(MW) 6 Project Cost +IDC(Rs. Lacs) 5758.84 Annual O&M Charges(Rs. lacs) per MW 17.49

Net Energy at Bus-bar(GWH) 25.095 IDC+FC(Rs. Lacs) 320.84 Escalation on O&M(%) 5.72%

Project Cost Including IDC but excluding MNRE Grant(Rs. Lacs) = 5258.84 Depreciation allowed for 12 Years 5.83%

Equity(Rs. Lacs) 1577.65 Depreciation recovery at Max. Rate(%) 90.00%

Average Base Rate of SBI = 8.88% Equity(%) 30% Return on Equity(%) considered (Weighted Avg) 22.86%

Basis Point = 300 3.00% Loan(Rs. Lacs) 3681.19 Maintenance Spares(% of O&M) 15.00%

Basis Point = 350 3.50% Loan(%) 70% Interest on Loan(%) 11.88%

Avg Saleable Price per unit of Power(Rs/KWh) = 3.99 MNRE Grant (Rs. Lacs) 500.00 Interest on Working Capital(%) 12.38%

Receivables considered (for 02 months)= (Rs. Lacs) 166.69

Construction Period in months = 24 Cost of Land(Rs. Lacs) 0.00 Return on Equity(%) for first 10 years 20.00%

Useful Life(Years) 35 Return on Equity(%) from 11th years and onward 24.00%

Residual Depreciation per year (Rs. ) 61.82 Lacs Loan repayment period yrs = 12 MAT 0.00%

for 23 years Discount Rate(%) 10.70%

Interest on Cost of Present worth of

Interest Return on O&M Maintenance Working working Total annual Generation Cost of
Loan (Rs. on loan Depreciation equity Charges spares capital capital (Rs. expenditure per KWh Generation
Year lac) (Rs. lac) (Rs. lac) (Rs. lac) (Rs. lac) (Rs. lac) (Rs. lac) lac) (Rs. lac) (Rs/kwh) (Rs/kwh)
1 3681.19 437.33 275.93 315.53 104.93 15.74 191.18 23.67 1157.39 4.61 4.61
2 3527.54 419.07 275.93 315.53 110.93 16.64 192.58 23.84 1145.31 4.56 4.12
3 3355.63 398.65 275.93 315.53 117.28 17.59 194.06 24.02 1131.41 4.51 3.68
4 3163.30 375.80 275.93 315.53 123.99 18.60 195.62 24.22 1115.47 4.44 3.28
5 2948.12 350.24 275.93 315.53 131.08 19.66 197.28 24.42 1097.20 4.37 2.91
6 2707.38 321.64 275.93 315.53 138.58 20.79 199.03 24.64 1076.32 4.29 2.58
7 2438.04 289.64 275.93 315.53 146.50 21.98 200.88 24.87 1052.47 4.19 2.28
8 2136.69 253.84 275.93 315.53 154.88 23.23 202.83 25.11 1025.30 4.09 2.01
9 1799.56 213.79 275.93 315.53 163.74 24.56 204.90 25.37 994.36 3.96 1.76
10 1422.36 168.98 275.93 315.53 173.11 25.97 207.08 25.64 959.19 3.82 1.53
11 1000.36 118.84 275.93 378.64 183.01 27.45 209.39 25.92 982.35 3.91 1.42
12 528.23 62.75 275.93 378.64 193.48 29.02 211.84 26.23 937.03 3.73 1.22
13 0.00 0.00 61.82 378.64 204.55 30.68 214.42 26.55 671.55 2.68 0.79
14 0.00 0.00 61.82 378.64 216.25 32.44 217.15 26.88 683.58 2.72 0.73
15 0.00 0.00 61.82 378.64 228.62 34.29 220.04 27.24 696.31 2.77 0.67
16 0.00 0.00 61.82 378.64 241.69 36.25 223.09 27.62 709.76 2.83 0.62
17 0.00 0.00 61.82 378.64 255.52 38.33 226.31 28.02 723.99 2.88 0.57
18 0.00 0.00 61.82 378.64 270.13 40.52 229.72 28.44 739.03 2.94 0.52
19 0.00 0.00 61.82 378.64 285.59 42.84 233.33 28.89 754.93 3.01 0.48
20 0.00 0.00 61.82 378.64 301.92 45.29 237.14 29.36 771.73 3.08 0.45
21 0.00 0.00 61.82 378.64 319.19 47.88 241.17 29.86 789.50 3.15 0.41
22 0.00 0.00 61.82 378.64 337.45 50.62 245.43 30.38 808.29 3.22 0.38
23 0.00 0.00 61.82 378.64 356.75 53.51 249.93 30.94 828.15 3.30 0.35
24 0.00 0.00 61.82 378.64 377.16 56.57 254.69 31.53 849.14 3.38 0.33
25 0.00 0.00 61.82 378.64 398.73 59.81 259.73 32.15 871.34 3.47 0.30
26 0.00 0.00 61.82 378.64 421.54 63.23 265.05 32.81 894.80 3.57 0.28
27 0.00 0.00 61.82 378.64 445.65 66.85 270.68 33.51 919.61 3.66 0.26
28 0.00 0.00 61.82 378.64 471.14 70.67 276.62 34.25 945.84 3.77 0.24
29 0.00 0.00 61.82 378.64 498.09 74.71 282.91 35.02 973.57 3.88 0.23
30 0.00 0.00 61.82 378.64 526.58 78.99 289.56 35.85 1002.88 4.00 0.21
31 0.00 0.00 61.82 378.64 556.70 83.51 296.59 36.72 1033.87 4.12 0.20
32 0.00 0.00 61.82 378.64 588.55 88.28 304.02 37.64 1066.64 4.25 0.18
33 0.00 0.00 61.82 378.64 622.21 93.33 311.87 38.61 1101.27 4.39 0.17
34 0.00 0.00 61.82 378.64 657.80 98.67 320.18 39.64 1137.89 4.53 0.16
35 0.00 0.00 61.82 378.64 695.43 104.31 328.96 40.72 1176.60 4.69 0.15
Levellised Tariff = 3.99

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