Project Name : Dawali khet Irrigation Project

Economic costs and conversion factors.

Conversion
Financial cost Economic cost
S.no Items

With C.P &C.T. Without C.P &C.T. factor With C.P &C.T. Without C.P &C.T.

1 Costruction cost

1.1 Civil construction

Total Rs.14,065,769.77 0.95 13,362,481.28

2 Annual O&M Cost 792,375.00 0.96 760,680.00

3 Labour 500.00 0.75 375.00

4 Bullock pair 500.00 1.00 500.00

Estimated by: Checked by: Forwarded by: Approved by:

 Dawali Khet Irrigation Project

Project Name : Dawali khet Irrigation Project

Conversion of Financial Cost into Economic Cost

S.no. Item Financial Cost Conversion factor Economic cost

1 Construction Cost 14065769.77 0.95 13362481.2789428

2 Maintanance Cost 792375.00 0.96 760680.00

Total 14123161.2789428

Estimated by: Checked by: Forwarded by: Approved by:

 Crop budget for Future "without Project"Situtation.

Project Name : Dawali khet Irrigation Project

Particulars Unit Maize Wheat

A.Gross Value Production

1.Price.

PRICE on Hill road system or at major market Nrs/t 20000.00 25000.00

Transport(porterage)cost from road to scheme. Nrs/t 500.00 500.00

Economic farm gate price Nrs/t 20500.00 25500.00
2.Yeild T/ha 2.00 1.80
Gross Value Nrs/ha 41000.00 45900.00
B.COST OF PRODUCTION
i.Standard input costs
1.Labour(md/ha) md/ha 100 100
PRICE(Rs/md) Rs./md 375.00 375.00
VALUE(Rs/ha) Nrs. 37500.00 37500.00
2.Animal lab.(Bpd/ha) bpd/ha 32.00 20.00
PRICE(Rs/Bpd) Rs./bpd 500 500
VALUE(Rs/ha) Nrs. 16000.00 15000.00
3.PESTICIEDS(Rs/ha) Rs./ha 0.00 300.00
**Total standard input cost Rs./ha 53500.00 52800.00

ii.Seed cost
a.Seed rate(Kg/ha) Kg/ha 25 22
PRICE(Rs/kg) Rs/kg 80.00 80.00
Total seed cost(Rs/ha) Nrs/ha 2000.00 1760.00
III.Ferttilizer costs
1.Chemical Fertilizer
N(kg/ha) Kg/ha 0.00 0.00
PRICE(Cost at roadhead) Rs/kg 0.00 0.00
Transportation cost Rs/kg 0.00 0.00
PRICE Rs/kg 0.00 0.00
VALUE(Rs/ha) Nrs/ha 0.00 0.00
P(kg /ha) Kg/ha 0.00 0.00
PRICE(Cost at roadhead) Rs/kg 0.00 0.00
Transportation cost Rs/kg 0.00 0.00
PRICE Rs/kg 0.00 0.00
VALUE(Rs/ha) Nrs/ha 0.00 0.00
K(kg /ha) Kg/ha 0.00 0.00
PRICE(Cost at roadhead) Rs/kg 0.00 0.00
Transportation cost Rs/kg 0.00 0.00
PRICE Rs/kg 0.00 0.00
VALUE(Rs/ha) Nrs/ha 0.00 0.00
2. Compost(Doko/Ha) Doko/ha 300.00 200.00
PRICE Rs/Doko 20.00 20.00
VALUE(Rs/ha) Nrs/ha 6000.00 4000.00
Total fertilizer costs 6000.00 4000.00
Sub total costs 61500.00 58560.00
iv.Sacks,tools other miscellaneous cost 5% 3075 2928
TOTAL COSTS. 64575.00 61488.00
NET RETURN -23575.00 -15588.00

Estimated by: Checked by: Forwarded by: Approved by:

Crop budget for Future "without Project"Situtation.

Remarks

Source: NISP
Guidelines. Rates
are converted for
1$=NRs. 74.75

Estimated by: Checked by: Forwarded by: Approved by:

 Crop budget for Future "with Project"Situtation.

Project Name : Dawali khet Irrigation Project

Potato Vegetable Vegetable

Particulars Unit Remarks
(Monsoon) (winter) (Summer)
A.Gross Value Production
1.Price.

PRICE on Hill road system or at major market Nrs/t 25000.00 30000.00 30000.00

Transport(porterage)cost from road to

scheme. Nrs/t 500.00 500.00 500.00
Economic farm gate price Nrs/t 25500.00 30500.00 30500.00
2.Yeild t/ha 10.00 9.00 9.00
Gross Value Nrs/ha 255000.0 274500.0 274500.0
B.COST OF PRODUCTION
i.Standard input costs

1.Labour(md/ha) md/ha 250 250 250

PRICE(Rs/md) Rs./md 375.00 375.00 375.00
VALUE(Rs/ha) Nrs. 93750.00 93750.00 93750.00
2.Animal lab.(Bpd/ha) bpd/ha 55.00 55.00 55.00
PRICE(Rs/Bpd) Rs./bpd 500 500 500
VALUE(Rs/ha) Nrs. 27500.00 27500.00 27500.00
3.PESTICIEDS(Rs/ha) Rs./ha 900.00 900.00 900.00
**Total standard input cost Rs./ha 122150.00 122150.00 122150.00
ii.Seed cost
a.Seed rate(Kg/ha) Kg/ha 700 700 700
PRICE(Rs/kg) Rs/kg 25.00 25.00 25.00
Total seed cost(Rs/ha) Nrs/ha 17500.00 17500.00 17500.00
III.Ferttilizer costs
1.Chemical Fertilizer
N(kg/ha) Kg/ha 100.00 100.00 100.00
PRICE(Cost at roadhead) Rs/kg 50.00 50.00 50.00
Transportation cost Rs/kg 0.50 0.50 0.50
PRICE Rs/kg 50.50 50.50 50.50
VALUE(Rs/ha) Nrs/ha 5050.00 5050.00 5050.00
P(kg /ha) Kg/ha 38.00 38.00 38.00
PRICE(Cost at roadhead) Rs/kg 55.00 55.00 55.00
Transportation cost Rs/kg 0.50 0.50 0.50
PRICE Rs/kg 55.50 55.50 55.50
VALUE(Rs/ha) Nrs/ha 2109.00 2109.00 2109.00
K(kg /ha) Kg/ha 60.00 60.00 60.00
PRICE(Cost at roadhead) Rs/kg 40.00 40.00 40.00
Transportation cost Rs/kg 0.50 0.50 0.50
PRICE Rs/kg 40.50 40.50 40.50
VALUE(Rs/ha) Nrs/ha 2430.00 2430.00 2430.00
2. Compost(Doko/Ha) Doko/ha 200.00 200.00 200.00
PRICE Rs/Doko 20.00 20.00 20.00
VALUE(Rs/ha) Nrs/ha 4000.00 4000.00 4000.00
Total fertilizer costs 13589.00 13589.00 13589.00
Sub total costs 153239.00 153239.00 153239.00
iv.Sacks,tools other miscellaneous cost 5% 7661.95 7661.95 7661.95
TOTAL COSTS. 160900.95 160900.95 160900.95
NET RETURN 94099.05 113599.05 113599.05

Estimated by: Checked by: Forwarded by: Approved by:

 Calculation of Benefit for E I R R Computation
Project Name : Dawali khet Irrigation Project Net Command area: Ha 20.00
Project cost : 14065769.77
Without Project (A) With Project (B)
Irrig. Area, Yield Benefit Irrig.St Yield,
Crop Total Benefit(Rs) Crop Area,ha Benefit, Rs/ha Total Benefit(Rs)
Status ha (t/ha) (Rs/ha) atus t/ha
Maize NI 8.00 1.80 (23,575.00) (188,600.00) FI 0.00 0.00 - -
Wheat NI 6.00 1.80 (15,588.00) (93,528.00) Potato(monsoon) FI 20.00 10.00 94,099.05 1,881,981.00
Veg(win) NI 0.00 7.00 (5,425.00) - Veg(win) FI 11.00 9.00 113,599.05 1,249,589.55
Veg(sum) NI 0.00 7.00 (5,425.00) - Veg(sum) FI 6.00 9.00 113,599.05 681,594.30
FI 1.00 1.00 - -

Grand total (A) (282,128.00) Grand total (B) 3,813,164.85

Net incremental Benefit=( B ) - ( A ) = Rs. 4,095,292.85

Net incremental Benefit per year per hec = Rs. 204,764.64

Project cost per hec. = Rs. 703,288.49

EIRR % = 18.02%

Estimated by: Checked by: Forwarded by: Approved by:

 ECONOMIC ANALYSIS

Project Name : Dawali khet Irrigation Project

Construction cost = Rs. 13362.5

Benefit per year = Rs. 4095.29 (Rs in Thousand)

NPV NPV
Construction Maintenance Discount NPV AT NPV cost Discount NPV AT NPV cost
Year Benifit Cash flow benefit AT benefit AT
cost cost at 10% 10% AT 10% at 12% 12% AT 12%
10% 12%

1 5344.99 0.00 0.00 -5344.99 0.909 -4859.08 0.00 4859.08 0.893 -4772.31 0.00 4772.31

2 8017.49 0.00 0.00 -8017.49 0.826 -6626.02 0.00 6626.02 0.797 -6391.49 0.00 6391.49

3 760.68 1638.12 877.44 0.751 659.23 1230.74 571.51 0.712 624.54242 1165.98 541.44

4 760.68 2457.18 1696.50 0.683 1158.73 1678.28 519.55 0.636 1078.1537 1561.58 483.43

5 760.68 3685.76 2925.08 0.621 1816.25 2288.57 472.32 0.567 1659.771 2091.40 431.63

6 760.68 4095.29 3334.61 0.564 1882.30 2311.69 429.38 0.507 1689.4186 2074.80 385.38

7 760.68 4095.29 3334.61 0.513 1711.18 2101.53 390.35 0.452 1508.4095 1852.50 344.09

8 760.68 4095.29 3334.61 0.467 1555.62 1910.48 354.86 0.404 1346.7942 1654.02 307.23

9 760.68 4095.29 3334.61 0.424 1414.20 1736.80 322.60 0.361 1202.4948 1476.80 274.31

10 760.68 4095.29 3334.61 0.386 1285.64 1578.91 293.28 0.322 1073.6561 1318.57 244.92

11 760.68 4095.29 3334.61 0.350 1168.76 1435.38 266.61 0.287 958.62151 1177.30 218.68

12 760.68 4095.29 3334.61 0.319 1062.51 1304.89 242.38 0.257 855.91206 1051.16 195.25

13 760.68 4095.29 3334.61 0.290 965.92 1186.26 220.34 0.229 764.2072 938.54 174.33

14 760.68 4095.29 3334.61 0.263 878.11 1078.42 200.31 0.205 682.32786 837.98 155.65

15 760.68 4095.29 3334.61 0.239 798.28 980.38 182.10 0.183 609.2213 748.19 138.97

16 760.68 4095.29 3334.61 0.218 725.71 891.26 165.55 0.163 543.94759 668.03 124.08

17 760.68 4095.29 3334.61 0.198 659.74 810.23 150.50 0.146 485.66749 596.46 110.79

18 760.68 4095.29 3334.61 0.180 599.76 736.57 136.81 0.130 433.63169 532.55 98.92

19 760.68 4095.29 3334.61 0.164 545.24 669.61 124.38 0.116 387.17115 475.49 88.32

20 760.68 4095.29 3334.61 0.149 495.67 608.74 113.07 0.104 345.68853 424.55 78.86

21 760.68 4095.29 3334.61 0.135 450.61 553.40 102.79 0.093 308.65047 379.06 70.41

22 760.68 4095.29 3334.61 0.123 409.64 503.09 93.45 0.083 275.58078 338.45 62.86

8757.98 25595.24 16837.25 5670.0603 21363.41 15693.35

EIRR= 18.02%

Benefit/Cost ratio at 10%= 1.52

Benefit/Cost ratio at 12%= 1.36

Estimated by: Checked by: Forwarded by: Approved by:

 SENSITIVITY ANALYSIS - 1
(By increasing 20% Construction Cost)

Project Name : Dawali khet Irrigation Project

Construction cost = Rs. 16035.0

Benefit per year = Rs. 4095.29 (Rs in Thousand)

NPV NPV
Construction Maintenance Discount NPV AT NPV cost Discount NPV AT NPV cost
Year Benifit Cash flow benefit AT benefit AT
cost cost at 10% 10% AT 10% at 12% 12% AT 12%
10% 12%

1 6413.99 0.00 0.00 -6413.99 0.909 -5830.90 0.00 5830.90 0.893 -5726.78 0.00 5726.78

2 9620.99 0.00 0.00 -9620.99 0.826 -7951.23 0.00 7951.23 0.797 -7669.79 0.00 7669.79

3 760.68 1638.12 877.44 0.751 659.23 1230.74 571.51 0.712 624.54242 1165.98 541.44

4 760.68 2457.18 1696.50 0.683 1158.73 1678.28 519.55 0.636 1078.1537 1561.58 483.43

5 760.68 3685.76 2925.08 0.621 1816.25 2288.57 472.32 0.567 1659.771 2091.40 431.63

6 760.68 4095.29 3334.61 0.564 1882.30 2311.69 429.38 0.507 1689.4186 2074.80 385.38

7 760.68 4095.29 3334.61 0.513 1711.18 2101.53 390.35 0.452 1508.4095 1852.50 344.09

8 760.68 4095.29 3334.61 0.467 1555.62 1910.48 354.86 0.404 1346.7942 1654.02 307.23

9 760.68 4095.29 3334.61 0.424 1414.20 1736.80 322.60 0.361 1202.4948 1476.80 274.31

10 760.68 4095.29 3334.61 0.386 1285.64 1578.91 293.28 0.322 1073.6561 1318.57 244.92

11 760.68 4095.29 3334.61 0.350 1168.76 1435.38 266.61 0.287 958.62151 1177.30 218.68

12 760.68 4095.29 3334.61 0.319 1062.51 1304.89 242.38 0.257 855.91206 1051.16 195.25

13 760.68 4095.29 3334.61 0.290 965.92 1186.26 220.34 0.229 764.2072 938.54 174.33

14 760.68 4095.29 3334.61 0.263 878.11 1078.42 200.31 0.205 682.32786 837.98 155.65

15 760.68 4095.29 3334.61 0.239 798.28 980.38 182.10 0.183 609.2213 748.19 138.97

16 760.68 4095.29 3334.61 0.218 725.71 891.26 165.55 0.163 543.94759 668.03 124.08

17 760.68 4095.29 3334.61 0.198 659.74 810.23 150.50 0.146 485.66749 596.46 110.79

18 760.68 4095.29 3334.61 0.180 599.76 736.57 136.81 0.130 433.63169 532.55 98.92

19 760.68 4095.29 3334.61 0.164 545.24 669.61 124.38 0.116 387.17115 475.49 88.32

20 760.68 4095.29 3334.61 0.149 495.67 608.74 113.07 0.104 345.68853 424.55 78.86

21 760.68 4095.29 3334.61 0.135 450.61 553.40 102.79 0.093 308.65047 379.06 70.41

22 760.68 4095.29 3334.61 0.123 409.64 503.09 93.45 0.083 275.58078 338.45 62.86

6460.96 25595.24 19134.28 3437.2987 21363.41 17926.11

EIRR= 15.20%

Benefit/Cost ratio at 10%= 1.34

Benefit/Cost ratio at 12%= 1.19

Estimated by: Checked by: Forwarded by: Approved by:

 SENSITIVITY ANALYSIS - 2
(By decreasing 20% Benefit)

Project Name : Dawali khet Irrigation Project

Construction cost = Rs. 13362.5

Benefit per year = Rs. 3412.74 (Rs in Thousand)

NPV NPV
Construction Maintenance Discount NPV AT NPV cost Discount NPV AT NPV cost
Year Benifit Cash flow benefit AT benefit AT
cost cost at 10% 10% AT 10% at 12% 12% AT 12%
10% 12%

1 5344.99 0.00 0.00 -5344.99 0.909 -4859.08 0.00 4859.08 0.893 -4772.31 0.00 4772.31

2 8017.49 0.00 0.00 -8017.49 0.826 -6626.02 0.00 6626.02 0.797 -6391.49 0.00 6391.49

3 760.68 1365.10 604.42 0.751 454.11 1025.62 571.51 0.712 430.21252 971.65 541.44

4 760.68 2047.65 1286.97 0.683 879.02 1398.57 519.55 0.636 817.89043 1301.32 483.43

5 760.68 3071.47 2310.79 0.621 1434.82 1907.14 472.32 0.567 1311.2041 1742.83 431.63

6 760.68 3412.74 2652.06 0.564 1497.02 1926.41 429.38 0.507 1343.6182 1729.00 385.38

7 760.68 3412.74 2652.06 0.513 1360.93 1751.28 390.35 0.452 1199.6591 1543.75 344.09

8 760.68 3412.74 2652.06 0.467 1237.21 1592.07 354.86 0.404 1071.1242 1378.35 307.23

9 760.68 3412.74 2652.06 0.424 1124.73 1447.34 322.60 0.361 956.36088 1230.67 274.31

10 760.68 3412.74 2652.06 0.386 1022.49 1315.76 293.28 0.322 853.89364 1098.81 244.92

11 760.68 3412.74 2652.06 0.350 929.53 1196.15 266.61 0.287 762.40504 981.08 218.68

12 760.68 3412.74 2652.06 0.319 845.03 1087.41 242.38 0.257 680.71878 875.97 195.25

13 760.68 3412.74 2652.06 0.290 768.21 988.55 220.34 0.229 607.78463 782.11 174.33

14 760.68 3412.74 2652.06 0.263 698.37 898.68 200.31 0.205 542.66485 698.32 155.65

15 760.68 3412.74 2652.06 0.239 634.88 816.98 182.10 0.183 484.52219 623.50 138.97

16 760.68 3412.74 2652.06 0.218 577.17 742.71 165.55 0.163 432.60909 556.69 124.08

17 760.68 3412.74 2652.06 0.198 524.70 675.19 150.50 0.146 386.25812 497.05 110.79

18 760.68 3412.74 2652.06 0.180 477.00 613.81 136.81 0.130 344.87332 443.79 98.92

19 760.68 3412.74 2652.06 0.164 433.63 558.01 124.38 0.116 307.92261 396.24 88.32

20 760.68 3412.74 2652.06 0.149 394.21 507.28 113.07 0.104 274.9309 353.79 78.86

21 760.68 3412.74 2652.06 0.135 358.37 461.17 102.79 0.093 245.47402 315.88 70.41

22 760.68 3412.74 2652.06 0.123 325.80 419.24 93.45 0.083 219.17323 282.04 62.86

4492.11 21329.37 16837.25 2109.4921 17802.84 15693.35

EIRR= 14.37%

Benefit/Cost ratio at 10%= 1.27

Benefit/Cost ratio at 12%= 1.13

Estimated by: Checked by: Forwarded by: Approved by:

 SENSITIVITY ANALYSIS - 3
(By increasing 10% Construction Cost and decreasing 10% Benefit)

Project Name : Dawali khet Irrigation Project

Construction cost = Rs. 14698.7

Benefit per year = Rs. 3722.99 (Rs in Thousand)

NPV NPV
Construction Maintenance Discount NPV AT NPV cost Discount NPV AT NPV cost
Year Benifit Cash flow benefit AT benefit AT
cost cost at 10% 10% AT 10% at 12% 12% AT 12%
10% 12%

1 5879.49 0.00 0.00 -5879.49 0.909 -5344.99 0.00 5344.99 0.893 -5249.55 0.00 5249.55

2 8819.24 0.00 0.00 -8819.24 0.826 -7288.63 0.00 7288.63 0.797 -7030.64 0.00 7030.64

3 760.68 1489.20 728.52 0.751 547.35 1118.86 571.51 0.712 518.544 1059.98 541.44

4 760.68 2233.80 1473.12 0.683 1006.16 1525.71 519.55 0.636 936.19191 1419.62 483.43

5 760.68 3350.69 2590.01 0.621 1608.20 2080.52 472.32 0.567 1469.6436 1901.27 431.63

6 760.68 3722.99 2962.31 0.564 1672.15 2101.53 429.38 0.507 1500.8002 1886.18 385.38

7 760.68 3722.99 2962.31 0.513 1520.14 1910.48 390.35 0.452 1340 1684.09 344.09

8 760.68 3722.99 2962.31 0.467 1381.94 1736.80 354.86 0.404 1196.4287 1503.65 307.23

9 760.68 3722.99 2962.31 0.424 1256.31 1578.91 322.60 0.361 1068.2399 1342.55 274.31

10 760.68 3722.99 2962.31 0.386 1142.10 1435.38 293.28 0.322 953.78567 1198.70 244.92

11 760.68 3722.99 2962.31 0.350 1038.27 1304.89 266.61 0.287 851.59434 1070.27 218.68

12 760.68 3722.99 2962.31 0.319 943.88 1186.26 242.38 0.257 760.35209 955.60 195.25

13 760.68 3722.99 2962.31 0.290 858.08 1078.42 220.34 0.229 678.8858 853.21 174.33

14 760.68 3722.99 2962.31 0.263 780.07 980.38 200.31 0.205 606.14803 761.80 155.65

15 760.68 3722.99 2962.31 0.239 709.15 891.26 182.10 0.183 541.2036 680.18 138.97

16 760.68 3722.99 2962.31 0.218 644.69 810.23 165.55 0.163 483.2175 607.30 124.08

17 760.68 3722.99 2962.31 0.198 586.08 736.57 150.50 0.146 431.4442 542.23 110.79

18 760.68 3722.99 2962.31 0.180 532.80 669.61 136.81 0.130 385.21803 484.14 98.92

19 760.68 3722.99 2962.31 0.164 484.36 608.74 124.38 0.116 343.94467 432.26 88.32

20 760.68 3722.99 2962.31 0.149 440.33 553.40 113.07 0.104 307.09346 385.95 78.86

21 760.68 3722.99 2962.31 0.135 400.30 503.09 102.79 0.093 274.19059 344.60 70.41

22 760.68 3722.99 2962.31 0.123 363.91 457.35 93.45 0.083 244.81302 307.68 62.86

5282.63 23268.40 17985.77 2611.5514 19421.28 16809.73

EIRR= 14.67%

Benefit/Cost ratio at 10%= 1.29

Benefit/Cost ratio at 12%= 1.16

Estimated by: Checked by: Forwarded by: Approved by:

WIDSD No. 1, Gorkha Chepe Paluntar ISP, Gorkha

Work Brakedown (to be done by WUA, HMG, World Bank)

Project Name : Dawali khet Irrigation Project

F. Y. : 060/061

Total Project Cost : 13362481.3

Works to be done by WUA contribution:

@ 15% of total construction cost. NRs. 2004372.19

Works to be done by HMG/N and World bank fund:

S.N. Description Amount Remarks

1 HMG Nepal 1362973.09045 @ 12%

2 World Bank Fund 9995135.99665 @ 88%

Adarsha Engineering Consultancy I-11

 Puranbesi IP, Puranchaur-4,6, Kaski

Implementation Schedule
Project Name : Dawali khet Irrigation Project Allocated Budget:(NRS in thousands)
(a) Previous F/Y:
Category: Rehab (b) Current F/Y:
(c) Future F/Y:
065/066 066/067 067/068 068/069
S.No. Activity 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 1 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3
1 Investigation, Assessment of Farmers' Request and
Preparation of Scheme of Development
2 General meeting with farmers concerned/discussions and
agreement on Scheme of Development subject to
feasibility study/farmers participation and obligations
if it is approved.
3 Preparation:
(a) Technical feasibility study
(b) Socio-institutional study
(c) Preparation ofFeasibility Study and Reports
4 Appraisal/Approval
(a) Review & Finalization of FSR by ISCS/RIO endorsement
(b) Appraisal by DAC or RAAC
(c) Approval by RAAC or DG
5 General meeting with farmers /beneficiaries; Selection of
Ivs/CFs; formation of different committee and ad-hoc executive
Committee; discussion on Approved Scheme of Development
with farmers' agreement.
6 Signing of Memorandum of Agreement between DIO & WUA
7 Raising WUA cash contribution &Establishment of Account
8 Pre-construction Conference & Supervision Arrangement
9 Construction Work-30% Labour Contribution
10 IDT's verification and certification for further process by DIO
11 Construction Work-70% Labour Contribution
12 Tendering/Contract Award/or WUA Agreement as required
13 Construction and Construction Supervision
(a) Head works
(b) Canal Structures
(c) Canals
(i) Lined
(ii) Unlined
(d) Others (River-Training, Bank Protection etc)
14 O & M and Other Training for WUA
15 Test run/Rectification of defective facilities
16 Completion Certificate Hand Over of Constructed Facilities
17 Continuing O & M/ WUA

B-9
 EIRR Calculation and Sensitivity Analysis
Dauli Irrigation Project

Description Condition-1 Condition-2 Condition-3

Total Estimated Cost (NRs) 13362481.28 16034977.53 13362481.28
Incremental Benefit/yr (NRs) 4095292.85 4095292.85 3276234.28
Project life Years 20 20 20

Cash Flow NRs'000

Cash flow No of yrs Normal 1.2*Cost
Capital cost 1 13362.5 16035.0
Capital cost 2 0.0 0.0
Revenue 20 4095.3 4095.3
O & M cost 20 668.1 105.0
Residual value 20 0 0

EIRR at Normal project Cost

Discount Rates NPV of Revenue Net Present Value of Cost
Capital cost O & M Cost
0.10 20796.53 12147.71 3392.84
0.11 19433.28 12025.14 3170.43
0.20 11923.20 11135.40 1945.20
0.25 9358.24 10689.99 1526.75
0.2736 9154.17 10491.80 1371.34
0.30 8035.00 10278.83 1222.21

EIRR at 20% increased project Cost

Discount Rates NPV of Revenue Net Present Value of Cost
Capital cost O & M Cost
0.10 20796.53 14577.25 533.21
0.15 15541.27 13943.46 398.47
0.1789 13297.79 13602.18 340.94
0.20 11923.20 13362.48 305.70
0.25 9358.24 12827.98 239.94
0.30 7491.57 12334.60 192.08

EIRR at 20% Decreased benefits

Discount Rates NPV of Revenue Net Present Value of Cost
Capital cost O & M Cost
0.10 16637.22 12147.71 533.21
0.1480 12573.13 11639.94 402.96
0.15 12433.01 11619.55 398.47
0.20 9348.06 11098.41 299.60
0.25 7486.60 10689.99 239.94
0.30 5993.26 10278.83 192.08

EIRR at 20% Decreased benefits & 20% increased cost at the same time
Discount Rates NPV of Revenue Net Present Value of Cost
Capital cost O & M Cost
0.10 16637.22 14577.25 533.21
0.1107 15594.22 14436.81 499.78
0.16 11621.63 13795.90 372.46
0.20 9538.56 13362.48 305.70
0.25 7486.60 12827.98 239.94
0.30 5993.26 12334.60 192.08

EIRR
EIRR at Normal Cost 27.36
EIRR at 20% increased cost 17.89
EIRR at 20% decreased benefits 14.80
EIRR at 20% Decreased benefits & 20% increased cost at the same time 11.07
Benefit Cost Ratio
B/C Ratio at 10% discount rate 1.34
B/C Ratio at 15% discount rate 1.28
B/C Ratio at 30% discount rate 0.57
 Condition-4
16034977.53
3276234.28
20

0.8*Benefit
6681.2
0.0
3276.2
105.0
0

NPV0

5255.98
4237.71
-1157.41
-2858.49
-2708.97
-3466.04

NPV0

5686.07
1199.34
-645.34
-1744.99
-3709.68
-5035.10

NPV0

3956.31
530.22
415.00
-2049.95
-3443.33
-4477.65

me time
NPV0

1526.77
657.63
-2546.74
-4129.63
-5581.32
-6533.42

%
%
%
%

1.34
1.28
0.57