Table 16: NPV (7.5%, 30 years) of former Order in Council area with uptake above Ohau A, no new hydro installed, low agricultural assumptions

Irrigation sector expansion

Increased agricultural output

$59 m

$59 m

$59 m

Total benefits

$59 m

$59 m

$0 m

Investment for irrigation

Off-farm infrastructure

$10 m

$10 m

On-farm infrastructure

$55 m

$55 m

On-farm transition

$18 m

$18 m

Operations and maintenance cost

$12 m

$12 m

Lost generation capacity

$120 m

$216 m

$120 m

Total costs

$216 m

$96 m

$120 m

Net present value 7.5%

-$157 m

-$37 m

-$120 m

Net present value 10%

$0 m

-$129 m

-$44 m

-$85 m

NPV @ 5%

$0 m

-$214 m

-$25 m

-$189 m

NPV @ 12.5%

$0 m

-$112 m

-$47 m

-$65 m