Huaneng Dalate Power Plant 2 X1000mw Expansion Project Financial Evaluation

The financial evaluation is appraised as the most technical work of project evaluation, which is the important component of the evaluation system of a project. Financial evaluation of project is to estimate and evaluate the economic benefits of the project before the project is putted into operation, The financial evaluation of electricity integrative construction projects is necessary for determining the feasibility of the project,for loans from financial institutions,for government’s approval and for involvement of private capital at home and abroad.it is the important basis for the management of the project to make decisions. In this article, basic principle and basic tool of the financial evaluation are brought to the project financial evaluation, on the basis that project feasibility is analyzed, and then analyze the corresponding financial evaluation in the project of power plant of DALATE2×1000MW. Through adopt the two kinds of financial analytical methods, static financial evaluation analyze and dynamic financial evaluation analyze, regard basic financial statement which have been worked out as the basis of analyzing, Establishing the financial evaluation index system. analyze the earning capacity,debt paying ability and Efficiency ratio of this project, Calculation of power project internal rate of return, net present value and other criteria, Further analysis of the entire project profitability, solvency and the financial viability, compare analysis result with standard that have been established in advance, find out the difference between them and do the further discussion to this difference. The purpose is to check out the question which the project may still have and appraise the risk state of the project thoroughly, to find out the risk factor which will influence the normal production of this project, and analyze these risks. Through adopting uncertainty analysis, balanced analysis of the profit and loss and sensitiveness analysis, explain how the most important risk factor impact on the whole project. Through adopting uncertainty analysis, Extension of traditional breakeven analysis and sensitivity analysis of risk evaluation method, explain how the most important risk factor impact on the whole project. On the basis of qualitative analysis and quantitative analysis, confirm the risk state of the whole project, regard risk factor confirmed as an important problem of management and administration in the future, take the positive measure to reduce the risk and prevent the risk effectively before it happens, make the project can be high-quality and high-efficient operated afterwards and make the project have economic benefits and social benefit that once it is expected.