| Author | Thapa, Raj Kumar |
| Call Number | AIT Thesis no.ET-95-07 |
| Subject(s) | Electric utilities--Nepal--Costs
|
| Note | A thesis submitted in partial fulfillment of the requirement for the degree of Masters of
Engineering |
| Publisher | Asian Institute of Technology |
| Abstract | Independent Power Producers (IPPs) are a major source of new power generation capacity
both in the industrialized and developing countries. They have a potential to meet large and
immediate financing gap by mobilizing direct foreign investment in the power sector. In
developing countries IPPs have tapped new forms of financing in international capital markets.
Private sector involvement in the power sector has also led to impressive construction and
operational efficiency gains. Properly structured IPPs can also stimulate the development of local
capital markets.
The study undertakes several detailed system expansion plans for the hydro dominated
electricity supply sector of Nepal for the period 1996-2015. Wein Automatic System Expansion
Planning Model developed by the International Atomic Energy Agency has been used to carryout
the system expansion plan with and without the contribution of the IPP.
Significant costs of up to 20% of the total cost in the planning horizon was found to be
avoided by the utility as a consequence of IPP supply to the grid. A voided costs have been
calculated from the long-run marginal cost perspective and adjusted for financial requirements.
The avoided costs of 5.05 cents/kWh were found to be 6.48% lower than that required, 5.40
cents/kWh, to provide the required rate of return on equity of 16%, for the IPP under
consideration. |
| Year | 1995 |
| Type | Thesis |
| School | School of Environment, Resources, and Development (SERD) |
| Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
| Academic Program/FoS | Energy Technology (ET) |
| Chairperson(s) | Shrestha, Ram M.; |
| Examination Committee(s) | Chen, Xavier;Giap, Van Dang;Saeed, Khalid |
| Scholarship Donor(s) | Government of Japan;Asian Development Bank; |
| Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1995 |