Table 15: NPV (7.5%, 30 years) of former Order in Council area with uptake above Ohau A, no new hydro installed, high agricultural assumptions

Irrigation sector expansion

Increased agricultural output

$207 m

$207 m

$207 m

Total benefits

$207 m

$207 m

$0 m

Investment for irrigation

Off-farm infrastructure

$10 m

$10 m

On-farm infrastructure

$35 m

$35 m

On-farm transition

$18 m

$18 m

Operations and maintenance cost

$12 m

$12 m

Lost generation capacity

$85 m

$161 m

$85 m

Total costs

$161 m

$75 m

$85 m

Net present value 7.5%

$47 m

$132 m

-$85 m

Net present value 10%

$0 m

$30 m

$91 m

-$61 m

NPV @ 5%

$0 m

$60 m

$195 m

-$135 m

NPV @ 12.5%

$0 m

$17 m

$64 m

-$47 m