Investment Analysis Tool (CBA)
Context for Development
- Quantification of benefits from smart grid use cases is more difficult than quantification of project costs. Identifying and assigning monetary value to all benefits realized is critical.
- Several methodologies exist for economic evaluation of smart grid projects. However, these methodologies require customization and contextualization for use in India and developing countries.
- Smart grid benefits flow to multiple stakeholders (utility, consumer, society, environment). Hence, decision-makers need to evaluate smart grid proposals through well-defined and consistent methodology.
- The proposition is to have a one of a kind modular tool with simplified analysis and user friendly with review capabilities.
- The online tool has been developed and is available for use by the Utilities.
Objective of CBA
- Conduct holistic assessment of financial, environmental and social impact of the investments in utility modernization projects.
- Strengthen project planning and evaluation - assess benefits under different use-cases and implementation scenarios.
to access CBA tool or visit https://nsgmtools.powergrid.in/cba [1].