Table 14: NPV (7.5%, 30 years) of former Order in Council area with uptake above Waitaki Dam, new hydro installed

Irrigation sector expansion

Increased agricultural output

$158 m

$158 m

$158 m

Total benefits

$158 m

$158 m

$0 m

Investment for irrigation

Off-farm infrastructure

$15 m

$15 m

On-farm infrastructure

$39 m

$39 m

On-farm transition

$18 m

$18 m

Operations and maintenance cost

$21 m

$21 m

Lost generation capacity

$125 m

$218 m

$125 m

Total costs

$218 m

$94 m

$125 m

Net present value 7.5%

-$60 m

$65 m

-$125 m

Net present value 10%

$0 m

-$49 m

$37 m

-$86 m

NPV @ 5%

$0 m

-$96 m

$107 m

-$203 m

NPV @ 12.5%

$0 m

-$45 m

$20 m

-$64 m