Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
522.52
1.00% Mgm+Upfr
1.00% averaged
Equity
Debt
Total
25.00%
75.00%
100.00%
53.52
47.58
4.76
5.95
0.00
634.34
1.00
158.585
475.755
634.34
Rs.in Million
Power
Plant
Process
plant
Land
6.00
Site development
5.00
0.96
Civil works
Total
6.00
5.96
72.00
372.00
6.34
60.00
12.00
300.00
72.00
2.50
3.84
Consultancy fees
including Project
Development Fee
1.00
22.60
15.00
7.20
8.42
6.00
23.60
22.20
14.42
397.92
124.60
522.52
Plant machinery
contingensies
Pre-ops
475.76
237.88
237.88
12 years
10.00% p.a.
2 years
Payment of
Interest
Instalment
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
1.98
1.98
1.98
1.98
1.98
1.98
1.98
1.98
1.98
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
1.98
1.98
1.98
1.98
1.98
1.98
1.98
1.98
1.98
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
3.96
Sep-10
Oct-10
Nov-10
Dec-10
Jan-11
Feb-11
Mar-11
Apr-11
May-11
Jun-11
Jul-11
Aug-11
Sep-11
Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
10
11
12
13
14
15
16
17
18
19
20
21
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
3.96
3.96
3.96
15.86
3.87
3.87
15.76
3.77
3.77
15.66
3.67
3.67
15.56
3.57
3.57
15.46
3.47
3.47
15.36
3.37
3.37
15.26
3.27
3.27
15.16
3.17
3.17
15.07
3.07
3.07
14.97
2.97
2.97
14.87
2.87
2.87
14.77
2.78
2.78
14.67
2.68
3.96
3.96
3.96
3.96
3.87
3.87
3.87
3.77
3.77
3.77
3.67
3.67
3.67
3.57
3.57
3.57
3.47
3.47
3.47
3.37
3.37
3.37
3.27
3.27
3.27
3.17
3.17
3.17
3.07
3.07
3.07
2.97
2.97
2.97
2.87
2.87
2.87
2.78
2.78
2.78
2.68
Feb-14
Mar-14
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
Dec-16
Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
22
23
24
25
26
27
28
29
30
31
32
33
34
35
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
2.68
14.57
2.58
2.58
14.47
2.48
2.48
14.37
2.38
2.38
14.27
2.28
2.28
14.17
2.18
2.18
14.07
2.08
2.08
13.98
1.98
1.98
13.88
1.88
1.88
13.78
1.78
1.78
13.68
1.68
1.68
13.58
1.59
1.59
13.48
1.49
1.49
13.38
1.39
1.39
13.28
2.68
2.68
2.58
2.58
2.58
2.48
2.48
2.48
2.38
2.38
2.38
2.28
2.28
2.28
2.18
2.18
2.18
2.08
2.08
2.08
1.98
1.98
1.98
1.88
1.88
1.88
1.78
1.78
1.78
1.68
1.68
1.68
1.59
1.59
1.59
1.49
1.49
1.49
1.39
1.39
1.39
Jul-17
Aug-17
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
36
37
38
39
10
40
41
42
43
11
44
45
46
47
12
Total
48
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
1.29
1.29
13.18
1.19
1.19
13.08
1.09
1.09
12.98
0.99
0.99
12.89
0.89
0.89
12.79
0.79
0.79
12.69
0.69
0.69
12.59
0.59
0.59
12.49
0.50
0.50
12.39
0.40
0.40
12.29
0.30
0.30
12.19
0.20
0.20
12.09
0.10
0.10
11.99
796.89
1.29
1.29
1.29
1.19
1.19
1.19
1.09
1.09
1.09
0.99
0.99
0.99
0.89
0.89
0.89
0.79
0.79
0.79
0.69
0.69
0.69
0.59
0.59
0.59
0.50
0.50
0.50
0.40
0.40
0.40
0.30
0.30
0.30
0.20
0.20
0.20
0.10
0.10
0.10
321.13
Payment of Interest
Payment of Principal
11.89
0.00
41.63
0.00
11.89
475.76
41.63
475.76
1.19
4.76
5.95
0.00
0.00
AMC Fees
Working Capital @12 %
Increase in Working capital
Repayment
Closing balance
12%
Moratorium
8 quarters
24 months
40 quarters
120 months
2 quarters
11.89
Repayment period
DSRA requirement
EQI Amount
Principal
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0 quarters
Principal O/s
237.88
237.88
237.88
237.88
237.88
237.88
237.88
237.88
237.88
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
23.79
Wording
Demand Loan
Balance
Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
23.79
AMC Fees
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.00
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
475.76
475.76
475.76
463.86
463.86
463.86
451.97
451.97
451.97
440.07
440.07
440.07
428.18
428.18
428.18
416.29
416.29
416.29
404.39
404.39
404.39
392.50
392.50
392.50
380.60
380.60
380.60
368.71
368.71
368.71
356.82
356.82
356.82
344.92
344.92
344.92
333.03
333.03
333.03
321.13
321.13
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
321.13
309.24
309.24
309.24
297.35
297.35
297.35
285.45
285.45
285.45
273.56
273.56
273.56
261.67
261.67
261.67
249.77
249.77
249.77
237.88
237.88
237.88
225.98
225.98
225.98
214.09
214.09
214.09
202.20
202.20
202.20
190.30
190.30
190.30
178.41
178.41
178.41
166.51
166.51
166.51
154.62
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
475.76
154.62
154.62
142.73
142.73
142.73
130.83
130.83
130.83
118.94
118.94
118.94
107.04
107.04
107.04
95.15
95.15
95.15
83.26
83.26
83.26
71.36
71.36
71.36
59.47
59.47
59.47
47.58
47.58
47.58
35.68
35.68
35.68
23.79
23.79
23.79
11.89
11.89
11.89
0.00
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
47.28
23.79
43.41
47.58
38.66
47.58
33.90
47.58
29.14
47.58
24.38
47.58
71.07
451.97
90.99
404.39
86.23
356.82
81.47
309.24
76.72
261.67
71.96
214.09
4.67
4.22
3.75
3.27
2.80
2.32
0
0
5.34
20.84
36.02
80.53
131.27
181.14
0.00
0.00
0.00
0
0.00
0.00
0.00
47.58
0.59
0.59
11.89
11.89
1.19
41.63
41.63
4.76
1.19
1.19
1.19
1.19
1.19
1.19
1.16
1.13
71.07
47.28
23.79
4.67
90.99
43.41
47.58
4.22
86.23
38.66
47.58
3.75
1.10
1.07
1.04
1.01
0.98
0.95
0.92
0.89
0.86
0.83
0.80
0.77
81.47
33.90
47.58
3.27
76.72
29.14
47.58
2.80
71.96
24.38
47.58
2.32
67.20
19.62
47.58
1.84
0.74
0.71
0.68
0.65
0.62
0.59
0.56
0.54
0.51
0.48
0.45
0.42
0.39
0.36
0.33
0.30
62.44
14.87
47.58
1.37
57.69
10.11
47.58
0.89
52.93
5.35
47.58
0.42
24.68
796.89
0.89
321.13
321.135
23.79
475.76
0.03
0.27
0.24
0.21
0.18
0.15
0.12
0.09
0.06
0.03
0.00
31.519
31.519
10
11
12
13
19.62
47.58
14.87
47.58
10.11
47.58
5.35
47.58
0.89
23.79
67.20
166.51
62.44
118.94
57.69
71.36
52.93
23.79
24.68
0.00
1.84
1.37
0.89
0.42
0.03
264.26
354.06
442.40
568.51
0.00
0.00
0.00
0.00
1.59
770.60
14
15
16
17
18
19
20
Total
321.13
475.76
check
0.00
0.00
772.21
31.52
0.00
Base Assumptions
Inflation
Number of days
No of working hours
Operating Years
MSW based Power Plant
Installed Capacity
KW
Capacity in Units
MnKWH
Plant Load Factor
Production
Mn KWH
Less: Internal Consumption (Mn KWH)
9%
Net Exports/Sales
Income from
Rs per unit
a)Sales of Power
Rs mn
b)Other Income
Rs mn
Total revenue
Rs mn
Operating Costs
Fuel Cost
Rs Mn
Operation & Maintenance (5%of FA)
Rs mn
Admin Expenses
Rs mn
AMC Fee
Total Admin Fee
PBDIT
Rs mn
Depreciation
Rs mn
Interest
Rs mn
Term Loan
Working Capital
Preliminary Expenses W/o
PBT
Provision for Tax
Rs mn
PAT
Rs mn
Retained Profit
Add: Depreciation & other write offs
Net Cash Accruals
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
3.5%
365
24
1
10,000
87.6
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
3.85
276.14
2.38
278.52
3.85
276.14
2.38
278.52
3.85
276.14
2.38
278.52
109.17
28.62
17.17
4.67
21.84
118.89
30.02
112.99
29.62
17.77
4.22
21.99
113.92
30.02
47.28
1.44
40.16
7.95
32.21
32.21
31.46
63.66
43.41
1.44
39.04
7.82
31.22
31.22
31.46
62.68
10
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
4.43
317.57
2.38
319.94
4.43
317.57
2.38
319.94
4.43
317.57
2.38
319.94
5.09
365.20
2.38
367.58
5.09
365.20
2.38
367.58
5.09
365.20
2.38
367.58
116.95
30.66
18.39
3.75
22.14
108.78
30.02
121.04
31.73
19.04
3.27
22.31
144.87
30.02
125.28
32.84
19.70
2.80
22.50
139.33
30.02
129.66
33.99
20.39
2.32
22.71
133.58
30.02
134.20
35.18
21.11
1.84
22.95
175.25
30.02
138.90
36.41
21.85
1.37
23.21
169.06
30.02
38.66
1.44
38.66
7.78
30.88
30.88
31.46
62.34
33.90
1.44
79.51
12.41
67.10
67.10
31.46
98.56
29.14
1.44
78.73
12.32
66.41
66.41
31.46
97.87
24.38
1.44
77.74
12.21
65.53
65.53
31.46
96.99
19.62
1.44
124.17
17.47
106.70
106.70
31.46
138.16
14.87
1.44
122.73
17.31
105.43
105.43
31.46
136.88
11
12
13
14
15
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
10,000
87.60
90%
78.84
7.10
71.74
5.85
419.98
2.38
422.36
5.85
419.98
419.98
5.85
419.98
419.98
6.73
482.98
482.98
6.73
482.98
482.98
6.73
482.98
482.98
143.76
37.68
22.61
0.89
23.50
162.63
30.02
148.79
39.00
23.40
0.42
23.82
210.75
30.02
154.00
40.37
24.22
0.03
24.25
201.36
30.02
159.39
41.78
25.07
25.07
193.74
30.02
164.97
43.24
25.95
25.95
248.82
30.02
170.74
44.76
26.85
26.85
240.63
30.02
176.72
46.32
27.79
27.79
232.14
30.02
10.11
1.44
121.07
17.12
103.95
103.95
31.46
135.41
5.35
1.44
173.94
23.11
150.83
150.83
31.46
182.29
0.89
170.45
22.71
147.74
147.74
30.02
177.76
163.73
21.95
141.77
141.77
30.02
171.79
218.80
28.19
190.61
190.61
30.02
220.63
210.61
78.94
131.67
131.67
30.02
161.69
202.13
76.48
125.65
125.65
30.02
155.66
Cons. Period
1
10
11
12
13
20
276.14
2.38
278.52
276.14
2.38
278.52
276.14
2.38
278.52
317.57
2.38
319.94
317.57
2.38
319.94
317.57
2.38
319.94
365.20
2.38
367.58
365.20
2.38
367.58
365.20
2.38
367.58
419.98
2.38
422.36
419.98
419.98
555.42
555.42
Fuel Costs
Operating Costs
Admin Expenses
Total Costs
109.17
28.62
21.84
159.63
112.99
29.62
21.99
164.61
116.95
30.66
22.14
169.75
121.04
31.73
22.31
175.08
125.28
32.84
22.50
180.62
129.66
33.99
22.71
186.36
134.20
35.18
22.95
192.33
138.90
36.41
23.21
198.52
143.76
37.68
23.50
204.95
148.79
39.00
23.82
211.61
154.00
40.37
24.25
218.62
195.93
51.36
30.82
278.11
PBDIT
Interest Cost
PBDT
Depreciation+Priliminary Exp W.off
PBT
Tax
PAT
118.89
47.28
71.62
31.46
40.16
7.95
32.21
113.92
43.41
70.50
31.46
39.04
7.82
31.22
108.78
38.66
70.12
31.46
38.66
7.78
30.88
144.87
33.90
110.97
31.46
79.51
12.41
67.10
139.33
29.14
110.19
31.46
78.73
12.32
66.41
133.58
24.38
109.20
31.46
77.74
12.21
65.53
175.25
19.62
155.62
31.46
124.17
17.47
106.70
169.06
14.87
154.19
31.46
122.73
17.31
105.43
162.63
10.11
152.52
31.46
121.07
17.12
103.95
210.75
5.35
205.39
31.46
173.94
23.11
150.83
201.36
0.89
200.47
30.02
170.45
22.71
147.74
277.32
277.32
277.32
92.77
184.55
10
11
12
13
20
32.21
31.46
31.22
31.46
-
30.88
31.46
-
67.10
31.46
-
66.41
31.46
-
65.53
31.46
-
106.70
31.46
-
105.43
31.46
-
103.95
31.46
-
150.83
31.46
-
147.74
30.02
-
184.55
-
62.68
62.34
98.56
97.87
96.99
138.16
136.88
135.41
182.29
47.57
225.33
184.55
(0.55)
23.79
(0.70)
-
23.24
(0.70)
Cash-flow Statement
31.72
237.88
269.59
207.60
47.58
14.42
269.59
-
Balance Sheet
63.66
34.54
23.79
(0.40)
47.58
(0.42)
47.58
6.47
47.58
58.33
47.17
47.16
5.34
5.34
15.50
5.34
20.84
54.05
(0.45)
47.58
47.13
(0.46)
47.58
47.11
7.46
47.58
55.04
(0.49)
47.58
47.08
(0.51)
47.58
47.06
8.60
47.58
56.18
15.18
20.84
36.02
44.51
36.02
80.53
50.74
80.53
131.27
49.87
131.27
181.14
83.12
181.14
264.26
89.80
264.26
354.06
88.34
354.06
442.40
126.11
442.40
568.51
202.09
568.51
770.60
185.25
1,849.86
2,035.11
10
11
12
13
20
Share Capital
Reserves & Surplus
Government Grant
126.87
-
158.59
-
158.59
32.21
-
158.59
63.43
-
158.59
94.31
-
158.59
161.41
-
158.59
227.82
-
158.59
293.35
-
158.59
400.05
-
158.59
505.47
-
158.59
609.42
-
158.59
760.25
-
158.59
907.99
-
158.59
2,010.56
-
Net Worth
126.87
158.59
190.79
222.01
252.89
320.00
386.40
451.93
558.63
664.06
768.01
918.83
1,066.57
2,169.14
Secured Loan
WC Loans
Current Liability
Total Liabilities
237.88
475.76
404.39
-
356.82
-
309.24
-
261.67
-
214.09
-
166.51
-
118.94
-
71.36
-
23.79
-
364.75
634.34
451.97
642.76
626.40
609.71
629.24
648.07
666.02
725.15
783.00
839.37
942.62
1,066.57
2,169.14
572.35
572.35
30.02
542.33
572.35
60.03
512.32
572.35
90.05
482.30
572.35
120.07
452.28
572.35
150.08
422.27
572.35
180.10
392.25
572.35
210.12
362.23
572.35
240.13
332.22
572.35
270.15
302.20
572.35
300.17
272.18
572.36
330.18
242.18
572.36
510.28
62.08
0
0
14.42
47.58
34.54
5.34
12.97
47.58
34.14
20.84
11.53
47.58
33.72
36.02
10.09
47.58
40.20
80.53
8.65
47.58
39.75
131.27
7.21
47.58
39.29
181.14
5.77
47.58
46.75
264.26
4.32
47.58
46.26
354.06
2.88
47.58
45.75
442.40
1.44
47.58
54.35
568.51
47.58
53.80
770.60
-
71.96
2,035.11
-
364.75
634.34
642.76
626.40
609.71
629.24
648.07
666.02
725.15
783.00
839.37
942.62
1,066.58
2,169.15
Fixed Assets
Less Depreciation
Net Fixed Assets
Capital Work in Progress
Working Capital :
Current Assets
Cash & Bank
Pre Exp not w/o
DSRA
Total Assets
572.35
364.75
Total
Phasing of Expenditure 100.00%
A: Equity
Phasing
158.59
100%
B: Debt
Phasing
Draw down Schedule
475.76
100%
Total A+B
634.34
IDC
0.00
Year 1
Year 2
Year 1
57.50%
Year 2
42.50%
126.87
80%
31.72
20%
237.88
237.88
50%
50%
Sep'08
June'09
364.75
269.59
11.89
23.79
35.68
17.84
17.84
53.52
364.75
269.59
634.34
95.15
0.25
Sensitivity Analysis
IRR
Base Case
Increase in Project cost 5%
Decrease in Revenues by 5%
Reduction in Production capacity 5%
Reduction in Production capacity 10%
Increase in Fuel Price by 5 %
Increase in Operating Cost by 5 %
Increase in Solid Waste by 5 %
17.58%
16.54%
15.81%
15.81%
13.94%
11.44%
15.44%
18.39%
Avg
Min
Avg
Min
DSCR
DSCR DSCR DSCR
WO DSR WO DSR with with DSR
DSR
2.47
2.31
2.21
2.21
1.94
1.55
2.09
2.59
1.17
1.09
1.03
1.03
0.89
0.98
1.09
1.23
3.27
3.11
3.01
3.01
2.74
2.35
2.89
3.39
1.69
1.61
1.55
1.55
1.42
1.55
1.64
1.76
Year
475.76
12 years
0.75% p.a.
2 years
Quarter
Payment of
Interest
Instalment
0
1
1
4
1
2
5
2
6
3
7
4
8
5
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
0.30
9
6
10
7
11
8
12
9
4
13
10
14
11
15
12
16
13
5
17
14
18
15
19
16
20
17
6
21
18
22
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
0.30
12.19
0.29
0.29
12.18
0.28
0.28
12.18
0.28
0.28
12.17
0.27
0.27
12.16
0.26
0.26
12.15
0.25
0.25
12.15
0.25
0.25
12.14
0.24
0.24
12.13
0.23
0.23
12.12
0.22
0.22
12.12
0.22
0.22
12.11
0.21
0.21
12.10
0.20
0.20
12.09
0.30
0.30
0.29
0.29
0.29
0.28
0.28
0.28
0.28
0.28
0.28
0.27
0.27
0.27
0.26
0.26
0.26
0.25
0.25
0.25
0.25
0.25
0.25
0.24
0.24
0.24
0.23
0.23
0.23
0.22
0.22
0.22
0.22
0.22
0.22
0.21
0.21
0.21
0.20
0.20
0.20
19
23
20
24
21
7
25
22
26
23
27
24
28
25
8
29
26
30
27
31
28
32
29
9
33
30
34
31
35
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
0.19
0.19
12.09
0.19
0.19
12.08
0.18
0.18
12.07
0.17
0.17
12.06
0.16
0.16
12.06
0.16
0.16
12.05
0.15
0.15
12.04
0.14
0.14
12.04
0.13
0.13
12.03
0.13
0.13
12.02
0.12
0.12
12.01
0.11
0.11
12.01
0.10
0.10
12.00
0.10
0.10
0.19
0.19
0.19
0.19
0.19
0.19
0.18
0.18
0.18
0.17
0.17
0.17
0.16
0.16
0.16
0.16
0.16
0.16
0.15
0.15
0.15
0.14
0.14
0.14
0.13
0.13
0.13
0.13
0.13
0.13
0.12
0.12
0.12
0.11
0.11
0.11
0.10
0.10
0.10
0.10
0.10
36
11
37
38
39
40
12
41
42
43
44
13
45
46
47
48
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
11.99
0.09
0.09
11.98
0.08
0.08
11.98
0.07
0.07
11.97
0.07
0.07
11.96
0.06
0.06
11.95
0.05
0.05
11.95
0.04
0.04
11.94
0.04
0.04
11.93
0.03
0.03
11.92
0.02
0.02
11.92
0.01
0.01
11.91
0.01
0.01
11.90
501.18
0.10
0.09
0.09
0.09
0.08
0.08
0.08
0.07
0.07
0.07
0.07
0.07
0.07
0.06
0.06
0.06
0.05
0.05
0.05
0.04
0.04
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.01
25.42
Rs. 4.40
Rs. 18.01
Total
3.57
0.00
3.57
475.76
3.57
0.00
3.57
475.76
AMC Fees
4.76
4.76
Working Capital
Principal
Payment of Interest
Payment of Principal
0
0.00
0.00
Payment of Interest
Payment of Principal
Total Debt Servicing
Principal Outstanding
10
Principal
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Principal O/s
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
475.76
0 quarters
8 quarters
24 months
40 quarters
120 months
2 quarters
11.89
23.79
Wording
Demand Loan
Balance
Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
AMC Fees
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
475.76
463.86
463.86
463.86
451.97
451.97
451.97
440.07
440.07
440.07
428.18
428.18
428.18
416.29
416.29
416.29
404.39
404.39
404.39
392.50
392.50
392.50
380.60
380.60
380.60
368.71
368.71
368.71
356.82
356.82
356.82
344.92
344.92
344.92
333.03
333.03
333.03
321.13
321.13
321.13
309.24
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
309.24
309.24
297.35
297.35
297.35
285.45
285.45
285.45
273.56
273.56
273.56
261.67
261.67
261.67
249.77
249.77
249.77
237.88
237.88
237.88
225.98
225.98
225.98
214.09
214.09
214.09
202.20
202.20
202.20
190.30
190.30
190.30
178.41
178.41
178.41
166.51
166.51
166.51
154.62
154.62
154.62
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.25%
0.13%
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
0.00
0.00
11.89
475.76
0.00
142.73
142.73
142.73
130.83
130.83
130.83
118.94
118.94
118.94
107.04
107.04
107.04
95.15
95.15
95.15
83.26
83.26
83.26
71.36
71.36
71.36
59.47
59.47
59.47
47.58
47.58
47.58
35.68
35.68
35.68
23.79
23.79
23.79
11.89
11.89
11.89
0.00
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
3.43
47.58
51.01
428.18
3.08
47.58
50.65
380.60
2.72
47.58
50.30
333.03
2.36
47.58
49.94
285.45
2.01
47.58
49.58
237.88
1.65
47.58
49.23
190.30
4.58
4.10
3.63
3.15
2.68
2.20
0.00
0.00
0.00
0
0.00
1.189
1.189
1.189
1.189
1.189
1.189
1.189
1.189
1.189
1.160
1.130
1.100
1.070
1.041
1.011
0.981
0.952
0.922
0.892
0.862
0.833
0.803
0.773
0.743
0.714
0.684
0.654
0.624
0.595
0.565
0.535
0.505
0.476
0.446
0.416
0.193
0.178
0.164
0.149
0.134
0.119
0.104
0.089
0.074
0.059
0.045
0.030
0.015
32.545
Total
check
1.29
47.58
48.87
142.73
25.42
475.76
501.18
475.76
1.53
32.54
0.00
21.00
4.68
49.19
45.75
39.40
33.06
26.71
20.36
14.02
7.67
1.59
1.897
468.48
0.00405
25.42
Year Counter
EBIDTA Margin
PBT Margin
PAT Margin
ROCE
Debt:Equity Ratio
Interest Cover
Fixed Asset Cover
3
43%
14%
12%
5%
2.37
2.30
1.20
4
41%
14%
11%
5%
1.82
3.34
1.27
5
39%
14%
11%
5%
1.41
3.60
1.35
6
45%
25%
21%
11%
0.97
3.94
1.46
7
44%
25%
21%
10%
0.68
6.01
1.61
8
42%
24%
20%
10%
0.47
6.93
1.83
9
48%
34%
29%
15%
0.30
8.29
2.18
10
46%
33%
29%
13%
0.18
14.18
2.79
11
44%
33%
28%
12%
0.09
19.92
4.23
12
13
50%
48%
41%
41%
36%
35%
16%
14%
0.03
36.20
278.93
11.44 NA
NA
20
50%
50%
33%
9%
-
Equivalent Heat
Efficiency
GCV
Fuel Requirement
Annual Fuel Requirement
Annual Fuel Reqt incl tr losses @ 5%
Fuel Cost inc transportation
Total Annual Fuel Cost
Average Fuel Cost/MT
Average Annual Fuel Cost (combination)
Rice Husk
25%
Total
100%
5,298
11,655
2,119
2,119
85%
60%
85%
85%
Mcal/ton
TPH
Tonnes
3,000
2
16,454
17,277
1,900
10
80,970
85,019
2,800
1
7,052
7,405
3,200
1
6,170
6,479
14
110,646
116,180
Rs
Rs Mn
1200
20.73
300
25.51
1200
8.89
1200
7.77
62.90
Rs
541.39
Rs Mn
62.90
21,190
18.66%
2.22
1.50
11.86%
1.64
4.12
0.79
16.48%
1.86
4.97
0.79
11.32%
1.67
4.76
0.67
Increase in Ope
10.5
17.58%
3.27
1.69
2.47
IRR
Avg DSCR Min DSCR Avg DSCR
with DSR
with DSR WO DSR
Base Case
Increase in Project Costs by 5%
Decrease in Revenues by 5%
Reduction in Production capacity 5%
Reduction in Production capacity 10%
Increase in Fuel Price by 5 %
Increase in Qty by 5 %
Increase in Operating Cost by 5 %
19.88%
18.20%
17.48%
2.26
2.08
2.04
1.51
1.4
1.38
10.19%
1.81
1.38
1.51
1.17
Min
DSCR
WO DSR
0.99
Present effluent
Total charge on effluent
Present charge
Incremental charge
Water sold
Charge for water sold
Present charge for water
Incremental charge
Chemical savings
Cost of fat liquor
1 skin
1000 skins require 72 kg of fat liquor
5000 sq ft of skin
Cost of fat liquor per sq ft
20% savings
Per sq ft of skin requires
With one kl water skins washed
For one kl of water
Net incremental savings ( Rs. )
5800 kl
80 Rs
20 Rs
60 Rs
5220 kl
66.67 Rs
35 Rs
31.67 Rs
100 Rs per kg
5 sq ft
7200
1.44 Rs
0.29 Rs per sq ft
7 litres of water
142.86 sq ft
41.14 Rs savings
9.48