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Financial model of a hydropower plant project: a case study of Thaukyegat (2) hydropower project | |
Author | Su Latt Kay Khaing |
Call Number | AIT Proj. no.MPM-NPT-CM-16-06 |
Subject(s) | Hydroelectric power plants--Myanmar--Finance |
Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Engineering (Professional) in Construction, Engineering and Infrastructure Management |
Publisher | Asian Institute of Technology |
Abstract | Myanmar's successful transformation into a democratic nation in 2010, opened the new development horizons in political arena and economic arena of the country. Since then, Myanmar is performing proactively and moving forward with ultimate goal of achieving an "All-inclusive Sustainable Development". In 2014, Myanmar stands at the beginning stages of the development of a market economy. A privatization program is in place and the Myanmar Government is actively encouraging private and foreign investment in all sectors of the economy for achieving the rapid economic growth and it is now a priority to sustain this development state by enabling access to sustainable and reliable energy supply. In accordance with state policy and to encourage more private sector participation in electricity generation, government invited private sector to implement power plant project by Myanmar based private developer, Gold Energy Company limited, was developed by Build- Operate-Transfer (B.O.T) basis. For private investor, IPP's tariff agreed by Government of Myanmar will be one of the critical factors and it is to establish the benchmark in the future of Myanmar's IPP. Financial evaluation is to calculate electricity price of the project, review profitability and repayment capacity, and evaluate financial feasibility according to current Myanmar taxation, investment cost, expected income of the project, loan repayment within operation period and financial internal. The purpose of this research is to identify financial model for hydropower plant project, analyzing financial model applied in the project. Influence factor in electricity tariff and tariff structure have be discussed in detail and recommendation for improvement for future financial model have be proposed. |
Year | 2016 |
Type | Project |
School | School of Engineering and Technology (SET) |
Department | Department of Civil and Infrastucture Engineering (DCIE) |
Academic Program/FoS | Construction Engineering and Infrastructure Management (CM) |
Chairperson(s) | Chotchai Charoenngam; |
Examination Committee(s) | Hadikusumo, Bonaventura H.W.;Santoso, Djoen San; |
Scholarship Donor(s) | National Infrastructure Holdings Company Limited Myanmar, School of Engineering and Technology; |
Degree | Project (M. Eng.) - Asian Institute of Technology, 2016 |