Chapter 94 Transmission Network
The profitability of the transmission network is directly related to the power transmission volume, that is, the power generation scale of upstream power stations and power plants.
There is a very important point here, that is, although the electricity price of Dracula Electric Power Group is as high as 0.3 US dollars, it will never agree to accept the access of Longta Power Grid at this price.
Then sit down and negotiate. Conservatively, the electricity price to be negotiated for Dracula's backbone network should be around 0.2 US dollars at one point, but it can find a more reliable and tougher relationship and can be higher.
At this time, even if the upstream power plants supply zero profits, considering that the power will still produce nearly 15-20% loss between the transmission grids, it is converted to at least 30 million kWh of annual power supply. The transmission grid that invests huge amounts of money can barely reach a break-even. Of course, the huge amount of money required for the construction of the transmission grid is still a very small part compared to the upstream power station.
Even if the Gray Ya River Hydropower Station is completed and the surplus power generation capacity of Sika Edit Power Company, it will have an annual transmission scale of at most 267 million kWh.
In theory, Cao Mo needs to build a third hydropower station with an annual power generation scale of about 12 million to 15 million kWh in a tributary of the upper reaches of the Lujiaochuan River, and provide power supply with zero profits, so that the transmission grid will have a certain profitability and are attractive to investors.
However, considering upstream power plants, power plants must also have a certain profit margin, and the annual power supply scale requires at least 60 million kilowatt-hours of electricity.
To be honest, the hydropower group in the upper reaches of Lujiaochuan River has great potential. After the hydropower group is built, there is no problem with the annual power supply scale reaching 500 million and 600 million kWh; and with the money-absorbing ability of cement plants and gold mines, there is no problem in building a hydropower group with an annual scale of more than 100 million kWhh in two years.
In China, there is no problem in improving the construction of the transmission grid first, then gradually expanding the upstream power generation capacity and improving the profitability of the power grid.
Even in any normal country with stable political situations, most investors need to regard the construction of the transmission grid as a long-term investment.
However, Kanem's political situation has been unstable for decades, and it has only been three years since the elected government came to power. Its domestic security is chaotic, which destined that most investors in Kanem do not have or dare to have long-term development plans and are eager to make quick money.
This also destined that the upstream hydropower station group should not be too small at the beginning of construction, so that it can be truly attractive and attract Draculamo's bigwigs to actively participate in the construction of the transmission network.
"The trust funds under my name have accumulated 4.5 million US dollars in total. I can entrust A Mo as my entrustment officer and use all of this funds to build a hydropower station..." Stali said.
"Are you so rich?" Abacha said in surprise, "I thought you had 300,000 or 500,000 dollars in your name and it was the best!"
In order to relieve the pressure on hand, Tubmann sold the Tubman press factory to Dongsheng before, and exchanged more than one million dollars in cash for squandering. How could he think that Starry had a private trust fund of $4.5 million!
You know, in Kanem, four million and five million dollars are not a small number.
Of course, Stali called Cao Mo "A Mo" affectionately, which made him feel sour, and even more felt that the squirting on his forehead was even more useless for Cao Mo.
"My father worked with the Jeddham family to invest in the Leya Casino. Although my father's shares in the Leya Casino were eventually taken away by the Jeddham family, and the casino could not be operated. Even my father's death was a little unclear, my father was a very powerful player when he was young. He used the years he ran the casino to secretly transfer three million US dollars of funds and secretly opened a trust account in Oman United Bank in my name. Because he was guarding against the Jeddham family, even my brother didn't know the existence of this trust fund. Oman United Bank is an international financial institution with trust. You don't have to worry about their shortcomings in protecting customer privacy." Stali said.
To be honest, Cao Mo knew very little about the complex relationships of Dracula's upper class, and he could not get in touch with that level before, but he did not expect that the Tubman family and the Jeddam family had a deep relationship before.
Although Abacha and Tubman were classmates at the Oyo State College, they had little contact after graduation and were not clear about this situation.
Cao Mo understood a little at this time:
It turns out that the Tubman family has long been closely connected with the Jeddham family, and Baha has long coveted Stali's beauty; and Stali's proficiency in Texas Hold'em should also be due to her father.
Little Tubman should have always been within the vision of the Jeddham family and Yan Zhicheng. It can even be said that using some facilities in the Lana Dere Hotel to open a casino was an idea that Yan Zhicheng and the Jeddham family behind him had long been there.
Xie Sipeng and him should have been used.
Thinking of this, Cao Moqing couldn't help but sigh that Tubman is really a fool.
It is normal for them to not understand that Yan Zhicheng and the Jeddham family have a relationship. After all, they have not been able to truly integrate into the local society in Dracula, but Tubman is a little stupid when he is kept in the dark.
Even when it comes to renting out the facilities of Lana Dere Hotel, some investors firmly opposed the hotel. Cao Mo did not want to break the casserole and ask the question to the end, but now looking back, it is very likely that these investors who firmly opposed it know Yan Zhicheng's background.
These opposing investors could not tell Tubman that Tubman finally actively participated in the preparations for the New Lana Dere Beach Casino. They really don’t know how to live or die. They are becoming more and more convinced that the news of him and Stali blocking Tubman was right.
It can be seen that Stali also thinks her brother is unreliable, otherwise things would be defeated by Little Tubman.
Cao Mo originally planned to start the construction of the first Gray Jaw River hydropower station as early as next month, but the third and fourth ones in his plan are also located in the upper reaches of the Gray Jaw River. It is a group of stepped hydropower stations, with a total of about 55 million annual power generation scale.
However, in Cao Mo's plan, the other two step hydropower stations will be delayed until the end of the year at the earliest. Moreover, this will require Kanem's cement storm to blow for a while longer.
If the cement price in Kanem falls rapidly and does not have the excessive profits brought by the cement storm, I still don’t know when it will delay the construction funds for the third and fourth hydropower stations.
Now that Stali's $4.5 million is invested, he can start the construction of these three step hydropower stations in the upper reaches of the Gray Crow River at the same time, which will also increase the power supply to the transmission network to more than 60 million degrees in the next year.
Then it will be much easier to convince Draculamo's investors to participate in the construction of the transmission grid - that is simply risk-free arbitrage!
To be honest, Cao Mo did not expect that Stali personally had such a huge amount of funds.
Seeing Stali so beautiful and charming, and having such a lot of wealth in her hand, Cao Mo wanted to say to her: I don’t want to work hard anymore! But when I look back, he doesn’t seem to need Stali to raise...
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At the invitation of Cao Mo, Ochosan rushed back to Yibogu from Catero.
Lily also followed her father back to the tribe. When she learned about what had happened in the past few days, her little face turned red with anger:
"The Jeddam family is so hateful!"
Whether it is to encourage the Philippine family to invest in the establishment of a new power grid company, promote the construction of a transmission grid connected to the Dracula Mo's backbone network, or to transfer the other two ladder hydropower stations originally planned to be built by the Philippine family power company in the upper reaches of the Gray Crow River to be built by the Philippine family, Cao Mo must explain the reason clearly to the old chiefs Philippine family and Ochosan.
Lily is still a little girl of fifteen or sixteen years old, and she still has a natural sense of justice in her heart, and is angry about Stali's experience.
Cao Mo sat quietly in the wooden house and looked at Ochosan.
The old chief Filitian was getting older, and Cao Mo's business in Yibogu was becoming more and more complicated, so the old chief Filitian was a little confused.
The matters of the Filichian family are almost the same as Cao Mo discussing with Ochosan, and then the old chief Filichian nods.
Although Ochosan is also a scholar who cherishes his reputation, he has to consider much more than his daughter Lily, and he also knows very well how powerful the Jeddham family is.
Lily yelled that Mr. Blake should be asked to report to President Buhari about the smuggling, crime, and corruption of Jeddam's family. Ochosan could only tell her with a wry smile: "In Kanem, local politicians above the lieutenant governor, they have enjoyed immunity from the investigation of corruption since the date of election. The Federal Parliament also tried to promote a bill to push the immunity to all federal lawmakers. It was the strong opposition of General Manager Buhari, and it was temporarily suspended. At present, the justice of the federal and states is relatively independent, and the situation is worrying. This country wants to change, which cannot be achieved in a day or two..."
Cao Mo has long had a clear understanding of this.
If Kanem's police and judicial institutions were really honest and efficient, how could the social security of Kanem's entire country be so chaotic?
He could see Ochosan's hesitation, but he said calmly some of his thoughts on forming a new power grid company.
The most critical point is that to ensure that the construction of the transmission grid has sufficient fundraising attractiveness, the Starry Private Trust and the three Gray Crow River Step Hydropower Stations that will be led by the Philips Electric Power Company can sign a power supply price agreement with the New Power Grid Company for as low as 8 cents.
Before this, the internal power supply agreement signed between Yibogu Hydropower Station and Yibogu Cement Plant was twelve cents per kilowatt-hour.
With the difference of four cents per kilowatt-hour and the annual power generation scale of up to 50 to 55 million kilowatt-hours after the completion of the three Gray Jaw River Step Hydropower Station, the Gray Jaw River Step Hydropower Station gives up $20 to 2120,000 in profit space to the newly established power grid company every year.
If the Jeddam family hadn't hung on their head like a sharp sword, Cao Mo wouldn't have easily taken such a big step.
Whether it is the Yibogu Hydropower Station or the Gray Crow River Step No. 1 Hydropower Station, they are nominally assets under the name of the Philipsian family power company, but everyone here knows that the Philipsian family power company has up to 95% of the equity, and they are all taken away by Cao Mo in the name of indefinitely entrusted operation by facilities, equipment leasing and technical support.
The Gray Crow River Step Hydropower Station gives up such a large space of interest to the New Power Grid Company every year. The Philipsian family participated in the financing and establishment of the New Power Grid Company. Accordingly, Cao Mo sent a considerable portion of the interests back to the Philipsian family.
Cao Mo and Abacha initially discussed the spin-off plan for a new power grid company.
According to this plan, if the Felician family participates in the acquisition of the equity of Sika Edit Electric Power Company and participates in the capital injection of the New Grid Company, they can actually take away 25% of the equity of Sika Edit Natural Gas Power Plant and 15% of the equity of the New Grid Company.
Considering that the annual transmission scale of Xin Grid Company will reach 60 million kilowatt-hours in one phase, there will be greater room for growth in the future, the 15% equity value of Xin Grid Company is definitely not a small number.
The natural gas thermal power plant of Sika Eddate Electric Power Company will be fully utilized after the new transmission grid is completed and will also resume profitability. The Felician family will acquire 25% of the natural gas thermal power plant, which is not a small number.
Ochosan pondered for a while and said, "I will go to Benin in two days to attend an academic conference. Miss Stali can go to Benin with me."
Seeing Stali's beautiful eyes sloppy, Cao Mo said to her: "Mr. Ochosan is an upright scholar who deserves our trust. You can ask the head of Oman United Bank to meet us in Cardro. After signing the commission agreement, you will go directly to Benin with Mr. Ochosan and arrange to stay in China to complete your studies..."
Seeing Cao Mo saying so affirmatively, Stali nodded and agreed to go to Cardro first, and then follow Ochosan to Benin...
Chapter completed!