Title: A CBA model of a hydro project in Sri Lanka

Authors: Risako Morimoto, Chris Hope

Addresses: Judge Institute of Management, University of Cambridge, Cambridge CB2 1AG, UK. ' Judge Institute of Management, University of Cambridge, Cambridge CB2 1AG, UK

Abstract: This study demonstrates an empirical application of a cost benefit analysis for hydro projects, which includes social and environmental as well as economic aspects. The model treats uncertain inputs by specifying them as probability distributions. A proposed hydro project in Sri Lanka is used as a case study. The study uses time variable discount rates related to economic growth and investigates the sensitivity of the net present value to the choice of a discount rate.

Keywords: cost benefit analysis; dam; hydropower; Sri Lanka; sustainable development; uncertainty.

DOI: 10.1504/IJGEI.2004.004693

International Journal of Global Energy Issues, 2004 Vol.21 No.1/2, pp.47 - 68

Published online: 07 Jul 2004 *

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