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ASR ENERGY – BHATINDA PROJECT | KEY ASSUMPTIONS
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A. CAPACITY & GENERATION
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Plant Capacity (MW)500 MW
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Hours per Year8,766 hrs
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Auxiliary Consumption %7.00%7% self-use
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PLF Year 1 – FY202955.00%
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PLF Year 2 – FY203065.00%
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PLF Year 3 – FY203170.00%
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PLF Year 4 – FY203275.00%
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PLF Year 5+ (FY2033 onwards)85.00%
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B. REVENUE
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PPA Tariff Base – FY20296 CU/kWh
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Tariff Escalation from FY20303.00%% p.a.
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C. FUEL COST
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Coal Consumption Rate1 kg/kWh net
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Coal Price Base – FY20263,000 CU/tonne
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Coal Price Escalation2.00%% p.a.
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D. O&M COSTS
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Fixed O&M Base – FY2029600 CU Mn p.a.
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Fixed O&M Escalation4.00%% p.a.
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Variable O&M Base – FY20290 CU/kWh
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Variable O&M Escalation5.00%% p.a.
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E. FINANCING
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Term Loan Amount34,200 CU Mn
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Equity11,401 CU Mn
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Interest Rate – Base9.50%% p.a.
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Repayment Tenure12 yearsFY2030–FY2041
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F. DEPRECIATION & TAX
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Depreciation per year (SLM)1,340 CU Mn p.a.
(P&M 32,000 + Civil 1,500)/25
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Amortisation per year384 CU Mn p.a.Pre-op+Fees+IDC/25
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Corporate Tax Rate25.00%
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Equity Hurdle Rate (IRR)16.00%
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