Base Case Definition Sample Clauses

Base Case Definition. The most talked about case of 90% PLF, with some additional assumptions, is defined here as the base case. The assumptions are: i) Inflation rate of 8% p.a. in India and 4% p.a. in USA. ii) No change in Real oil price. In the last few years, international oil prices have dropped (in real $). But for long term planning, the major international utility planning manuals assume a significant increase in oil prices (increase at 2 to 4% p.a. in real $). iii) Rs depreciate at 4% p.a. in relation to the US $. Historically Rs has depreciated at a minimum rate of 4.5% p.a. and a maximum of more than 8% p.a. iv) 90% PLF for base capacity and 27% for peaking capacity, v) The dividend reserve rebate is applicable from the 11 th year, i.e. the capital recovery charges decrease at the rate of 0.42% p.a.