RE: PCY Chandgana estimates $364.7-million NPV
Capital Cost and Structure
Capital cost is projected to be $744-million (U.S.) for the 150 MW by four project, or $1,240 (U.S.) per kilowatt. This includes the power plant, overhead transmission lines, and administrative costs. It does not include mine development cost. A mine costing study was conducted and completed by Leighton Asia.
The target capital structure is 30 per cent equity, and 70 per cent debt with a 10 per cent annual interest rate and 10-year pay back. It is envisioned that financing will take place at the project level (that is via Prophecy's wholly owned East Energy Development, which holds the construction license)
Coal Price and Electricity Tariff
So they are going to borrow 70% of 744m $520 million at 10% interest so thats $52 m annually in interest costs before paydown of principal...???
soccer......................isn't 10% high for a govt backed project?