Feasibility of Wind Power Plant
R.A.Mohan Prasanna
Feasibility study of a Wind power plant
Table of Contents
1. Introduction 3
2. Assumptions 6
3. Capital requirement of the project 9
4. Forecasted Profit and Loss account 10
5. Forecasted Balance sheet 10
6. Cash flow of the project 14
7. IRR/NPV analysis 17
8. Conclusions 18
9. References 18
10. Appendices 20
1. Introduction
After 30 years of civil war, Sri Lankan economy is one of the fasters growing economies in the world. As a country, need for electricity also in high side in relation with the economic growth. Investors from all over the world are looking for opportunities in the country while Sri Lankan government is strongly involving to develop infrastructure ground works all over the Island including highway transportation and Power generation.
[pic]
Source: Energy for all, (2012). Wind Power Technology and the Potential for Application
Sri Lanka is hugely depended on Hydro power and Fossil fuel power generation. With current climate changes Hydro power supply chain is not moving or the increase capacity from the Hydro power sector is minimal. On the other hand Fossil fuel is much limited resource and its prices are always not in sustainable trend pattern. Fossil fuel power generation is highly environmental risk operation. World is looking for renewable energy. As a Island, Sri Lanka is blessed with Wind power.
Sri Lanka’s wind pattern is driven by the monsoon system and as a part of Indian ocean, it is always supporting the steadiness of the wind pattern.
[pic]
Source: Energy for all, (2012). Wind Power Technology and the Potential for Application
Mr. Mahipala has selected a land from Mannar and author observed it is a great location in terms of wind pattern in Sri Lanka throughout the year where South West monsoon winds are stronger than North East
Feasibility study of a Wind power plant
Table of Contents
1. Introduction 3
2. Assumptions 6
3. Capital requirement of the project 9
4. Forecasted Profit and Loss account 10
5. Forecasted Balance sheet 10
6. Cash flow of the project 14
7. IRR/NPV analysis 17
8. Conclusions 18
9. References 18
10. Appendices 20
1. Introduction
After 30 years of civil war, Sri Lankan economy is one of the fasters growing economies in the world. As a country, need for electricity also in high side in relation with the economic growth. Investors from all over the world are looking for opportunities in the country while Sri Lankan government is strongly involving to develop infrastructure ground works all over the Island including highway transportation and Power generation.
[pic]
Source: Energy for all, (2012). Wind Power Technology and the Potential for Application
Sri Lanka is hugely depended on Hydro power and Fossil fuel power generation. With current climate changes Hydro power supply chain is not moving or the increase capacity from the Hydro power sector is minimal. On the other hand Fossil fuel is much limited resource and its prices are always not in sustainable trend pattern. Fossil fuel power generation is highly environmental risk operation. World is looking for renewable energy. As a Island, Sri Lanka is blessed with Wind power.
Sri Lanka’s wind pattern is driven by the monsoon system and as a part of Indian ocean, it is always supporting the steadiness of the wind pattern.
[pic]
Source: Energy for all, (2012). Wind Power Technology and the Potential for Application
Mr. Mahipala has selected a land from Mannar and author observed it is a great location in terms of wind pattern in Sri Lanka throughout the year where South West monsoon winds are stronger than North East
References: • Atrill, P. and Mclaney, E., 2006. Accounting and Finance for Non- Specialists. 6th ed. Essex: Pearson Education • Sri Lanka Sustainable Energy Authority, (2012) • Central Bank of Sri Lanka, (2012). Sri Lanka interbank Offer rates. [Online] Available at: < http://www.cbsl.gov.lk/htm/english/_cei/ir/i_2.asp> (Accessed 01 September 2012). • Public Utilities Commission of Sri Lanka, (2012). Non conventional renewable energy tariff. [Online] Available at: (Accessed 26 August 2012). • Global Wind Energy Council, 2011. Global Wind Report, Annual market update. Belgium: Global Wind Energy Council Head quarters • Mackwoods Energy Limited, (2012) • Young, M. and Vilhauer, R., (2003). Sri Lanka Wind farm analysis and site selection assistance. [Online] Colorado: National Renewable Energy laboratory. Available at: < http://www.nrel.gov/docs/fy03osti/34646.pdf> (Accessed 22 August 2012).