Sichuan Hydropower Project Pricing Research

After the reformation of electric power system, the power industry of our country has made great strides in development.The power of capital to develop new energy, hydropower development center aimed at the Sichuan, in striving for and development of a new power point at the same time, Sichuan Hydropower Project M&A market competition is intense.This paper is divided into five chapters to carry on the analysis, from the Sichuan XP hydropower project case study on pricing analysis, through the external environment, internal environment analysis, on the background of case, M&A, pricing process, influence of thorough analysis, in order to obtain an objective manifestation of the project value evaluation method, to calculate a reasonable project pricing, for decision-making offer reference for service enterprises, develop better Hydropower Project M&A work.Hydropower Project M&A is different from other market behavior, and Sichuan grid electricity price is formed complex, consumption structure will affect the evaluation of different boundary conditions.Sichuan Hydropower Project M&A should be integrated as assessed by means of combination of market factors to consider, especially on the electricity price and electricity objective forecast, can objectively reflect the value of the project, in order to calculate the reasonable price of M&A, to ensure the protection of investment income, investment behavior.Comprehensive evaluation method using the asset based approach, income approach and market approach to the project were studied respectively, on three methods of evaluation results were compared, using conventional means of evaluation, prediction competition psychological bottom line, in the income method based on combination of market factors, objective, objective analysis of project evaluation is the most important evaluation parameter of electricity price and the power rate variability, calculate the reasonable pricing for reference in decision making.Comprehensive evaluation is a kind of technical means, is not available in all areas, in each power plant application also needs the combination of the actual project situation, comprehensive evaluation is objective analysis and reflects the complex characteristics of Sichuan power grid, after the use of skilled, can be more objective for the project and provide pricing decision reference.