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Unrt Prices
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u9*f D/m frrigjtfofl and Prjln jyg Project Xnjtr Oarn Fe«tor/rfy Sfndy fl»pgrf
Cost of Anger Dam in the Different
Figtuw C --24 CMAnj+r tf j'h in PM d^&tnrt^
21* Economic Analysis and Comparison al Dam Alternatives
i.14.1 Gonerjii
An economic 4mlpis wis performed in order to compare lhe varioU* dam idlenurnes - wiLh htiplih MO m, S5 in, ’M) in ruid ^8 nt - anj lecommend a prelertcj ahetnaiire
Such j cajiLpjriwn wu netcif lured h lhe I OU specified j *>14 m high dani. wbciEM in di* course nl rhe Fcanbiliiy Slud) ihc Cortiulum Tccoiomerxkd thj-i Inkier slant hciphli be examined in addition tq ihc ■original hei^hl emmyed tr enrujlh i, wn agreed Ip perform a Muds of an K(b m and a ‘>8 m high dam w-hile also evaluating twu jnicnricduie jUc-mjiivrs 15 m ajuJ 90 rn high da-*n%
Hse analysis is bawd on a ccmpirtwn nf carb flows of hcnclits and erwt*
■Uwtiaicd sviih ihr four altemaliscf. as follows
* Cnits include investment m ccannKtion arid lhe derived aiuiujl «pctiiii'ft and BuinfottwKC (O>fcM) rails
I Ofe-Ahj^ J .f „ J l i
I. ,’llL
C.2-134Angjf Djjti frngjrjgn
Angtr
Djm AtjjfbjJrfy Slutt
Projrcl
y ftfpari
. ftendils include itie
value
of the ahudpaced g
enerated power. Ag
ricultural
benefits from the
future
imitated areas were
not indudcJ m the
zrulviiv,
since all fuiir aitcrnjihc=s cover Lhe lame size of land (approvimaicK 17.(M*1 ha requiring nearly 200 MCM wader per year, some 22* ■ <•! lhe mejn annual inflow)
The cash flaivs air preicnled oier ail economic lifetime °l 5^ yearn The economic parameters were calculated at the economic drsecunt rate -of I2"*_ ai required by lhe World Bank for projects in Ethiopia
114. J Dj Cj SflUfc os and Ass umpWcuis
Cost esumaUnns intcrpuULinn A cost summary is given m Table C2-44. Lndnxling ihnl lhe rcspeeiivc easts [ifK'luding 2d% coming rex ieO arnnmii io about 5.051 5 million FTB in Line caue of a dam height li| HO m. while the ecureipondLog figure for a 9S m hi|fh dim ■■» more dun in*:* eo si lief, cc.iehing in olinuled sum of some 6.701 S million ETlI (n the C4w of die micfroedule dams, interpolation gives m estimated total of J.4J? 2 ntiliitkn ET1I for the 85 m high dam and 5.742.1 million FTB (or lhe 90 m hiph dun
Ahmi C.2-6 shows the 50- sear cadi flows. for all furor aitemiuxes. indieaiing fllvo lhe volume of waler llul it cxpceied to he delivered throughout the ecuiianic lifetime 1 the Jam. It is ftuumed that in lhe rise uf die E0 in Ingh dim. cnnstrwtian will he spread equally ever n 7-yc.ir period, with an additional mo for I1PS syilcm cmivLruCtcon In Lhe cave of lhe 1)| m high alternative., Lhe emsirUCEiCm penoi of the darn is expected to Iasi j 1oliI of 11 yean, i c II years for dun construction plus iwo more years for iIlc UPS system lhe consirueLiun period required for the E5 m and 00 m high dorm will lx concvpondEngly higher dun lIul of the lower dam, hut lower lhan of the higher dim. l.c ID and II years, respectively, The annual operation and rnjuntenjnce costs were calculated is 2% of lhe cumulative invevlmcnL
Quinfihcs p Mm
»haf><.' a*
0-135Dam ind Owflage Frcyrer
4ng*r Dam Fe«jbiflfy Study Report Conckrstans and Rocontnivnda lions
iKc major economic paramclcn u denied Iruin the cash Ouwi ore shown in Table C.2-43-
TaWe C2-*5l Summary of Anq*r Dam Cnth FfLelds for irrigation.
• TlieTc ii a sijFiilk*£il difference: of ^0% in wsL« cons between lire lowest
■nd higlwst dam - the ddlcrrnct between ihe 80 m and B5 nt high dams being 12%, and between the (5 ni and 90 m high dams being 10% Ihtse cnti dilletencc$ outweigh Lhc additknnaJ power production gencriiicd bv a higher dam. H^Wcr, the value o! Ihu cdditiuiul energy is smaller in economic terms considering iku power produtlimi in lire ingkc« dam would start only after 13 years ai compared to 8 yean in the cjuc or tire lowest dam
In view of the favourable pconomtc puunden prevented above, ihe nllcmatLvc tccumjiKiukd by the Corwsdixil is ihe $0 m high dam
C.2-1J56