Project Direct Fiscal Impact on Government Revenues
The project will have direct fiscal impact of around US$ 25 million a year on government revenues, which is equivalent to US$ 0.6 billion over the project lifetime of the 1st Phase 200-250 MW :
- Reducing the cost of electricity by US$ 15 million a year, which is equivalent to US$ 345 million over the project lifetime.
- Increasing the government income tax revenues by around US$ 7.15 million per year, which is equivalent to US$ 165 million over the project lifetime.
- Generating licensing fees of around US$ 2.15 million per year, which is equivalent to US$ 100 million over the project lifetime.
- Savings around US$ 0.85 million per year on VAT clearing and management , which is equivalent to US$ 20 million over the project lifetime.