Chapter 375 The East is not bright and the West is bright
Although Duke tried his best to spend more time with Shuya, things went against his wishes. A sudden incident forced Duke to violate his promise shortly after returning to China and left again, because the first commercial lotus pile contract of Oriental New Energy was signed in Bangladesh. Duke will replace Shuya as chairman to attend the signing ceremony of the contract.
"Xiaoya, I'm really sorry. It seems that I have to break my promise again. It's really inappropriate for me not to go to this matter." Looking at Shuya, whose belly was getting bigger, Duke looked at her very apologetically. To be honest, Duke was really reluctant to leave under this situation.
"What are you talking about? The company matters. This time the company can win the first commercial nuclear power plant construction and operation contract. It's not convenient for me to go. Of course, you are the only one who goes. If you want to say that this child is coming in the wrong time, it's not just the time when the company is busy." Shu Ya looked calm, without any dissatisfaction. In fact, as long as Duke has this heart, she will be very satisfied.
It turns out that the Superman family has not made any progress in the approval of domestic nuclear power production and operation qualifications during this period. Now the approval department is stuck in the experiment of long-term safe operation, and it is now impossible to judge the practicality and safety of the Lotus Drop. Therefore, although the approval department faces the powerful political offensive of the Li family, it is still determined that the defects of these two Lotus Drops are unwilling to be released.
Speaking of this, Duke's research and development is progressing too fast. Although the Lotus Relay is both theoretically and practically verified, it lacks long-term operation verification. According to the normal construction of an experimental reactor, the construction cycle usually takes five or six years. With operation verification and improvement, it will take at least seven or eight years to design a commercial verification reactor. Duke seems very complete since the experimental reactor.
However, the relevant departments have to use this as a checkpoint to jamm your neck, and even if the situation in the old Li family is special, they will be completely helpless.
There is no way. When the front is unable to make breakthroughs, the Li family only needs to find another way to make breakthroughs from the side peripheral market. Therefore, while busy at home, the Li family is not idle in the foreign target market. Finally, using its strong connections to conquer the Bangladesh government and obtained the qualification to build the first Lotus Reactor commercial nuclear power plant in Bangladesh with generous conditions.
As one of the least developed poor countries in the world, Bangladesh has always had a large gap in power supply, resulting in a serious shortage of electricity supply. Due to the power gap, factories are waiting for work to Bangladesh, causing a yearly loss of industrial sector to reach several percentage points of GDP each year, seriously hindering the further development of Bangladesh's industry and very unfavorable to Bangladesh's foreign investment and construction.
However, investment in power construction requires a lot of capital. For the poor Bangladesh, relying on the country's own strength is completely incapable of solving this problem. Therefore, Bangladesh has always insisted on opening the power generation market to introduce domestic and foreign private funds to build its own power generation infrastructure. Over the years, as many as 70% of Bangladesh's power supply comes from private power plants.
However, private investment in power plants requires a return on investment. For Bangladesh, a country dominated by thermal power, the price of electricity coal has soared in recent years, and the cost of thermal power generation has risen repeatedly, which has basically not much profit in investment in power generation. Therefore, the private capital willing to invest in power generation is less and less, making Bangladesh's power supply shorter and shorter, and is now seriously sluggished by the growing demand for electricity.
The Superman family also has a lot of investment in Bangladesh, including a lot of investment in thermal power. The Electricity Industry is now one of the main power suppliers of Bangladesh. Years of deep cultivation have made the Superman family close to Bangladesh's Electric Power Development Bureau and other relevant departments, but also have excellent personal relationships with the Bangladesh President and Prime Minister and other politicians.
With its economic strength reaching the level of the Superman family, it has good relations with the political leaders of many countries and regions where the Li family invests in the world. Many times, if it has not established good political and business relations with the local countries and regions, the Superman family would rather postpone investment than make a rash progress.
Without the dual protection of policies and politicians, the greater the business risk of making money. Lao Chaoren can see this clearly, so the Li family's major investments around the world rarely fail. Whether it is a telecommunications investment of tens of billions of dollars, or investment in infrastructure such as power supply and gas in European countries, it is all like this. Every time it goes very safely, which makes the Li family's assets grow bigger and bigger like a snowball.
Turning back, it is precisely because the old Li family has such good political and business relationship with the Bangladesh authorities that with extremely generous conditions, they convinced the Bangladesh authorities to be the first to try out the Lotus Pile commercial application. For the Bangladesh authorities, although people who truly understand nuclear energy in China can only have one hand, it does not prevent them from finding people who truly understand the industry to consult.
After paying hundreds of thousands of dollars for the consultation fee by the Li family and the Bangladesh authorities selected the technical consulting experts themselves, the consulting expert team concluded that although the lotus repository has not been commercially verified and has certain risks, compared with any existing commercial nuclear power plants, the risk is not higher than that of them. What’s more coincidentally, among the experts hired by the Bangladesh authorities, there are people who have heard of Duke’s lectures in Switzerland. He knows obviously more about the situation of the lotus repository than other experts. Therefore, the conclusion of this consulting report is more ideal than what the old Li family expects, which is equivalent to solving most of the Bangladesh authorities’ concerns about safety.
Duke never expected that his trip to Switzerland would have this unexpected gain.
However, technical problems are only one aspect. The most important thing is that the price Dongfang New Energy has paid for this is not small, and it can almost be said to have invested a lot of money.
This Lotus Reactor Nuclear Power Plant with a construction capacity of 300mw will be built in the form of a bot. Oriental New Energy will invest wholly. After completion, Oriental New Energy will only be able to operate for the first 30 years. Once the 30-year operation period expires, the operating income rights of the nuclear power plant will be handed over to the Bangladesh National Electricity Department. Next, Oriental New Energy will continue to provide operation and maintenance services for the nuclear power plant at a cost price.
In other words, if the Bangladesh authorities can enjoy the remaining 40 years of operating income of this 300mw nuclear power plant without spending money, according to the current power generation income, the current official purchase price of Bangladesh per kilowatt-hour is about US$0.06. With the effective operation efficiency of Lotus Reservoirs of more than 95% a year, excluding nuclear fuel and operation and maintenance costs, the annual income of this nuclear power plant will have a gross profit of hundreds of millions of dollars. After excluding taxes and other expenses, the net income will be at least 70 to 80 million US dollars.
With the construction cost of Lotus Drops of about 1,000 US dollars per kilowatt, even if the cost of the first commercial experimental reactor is higher, the entire investment will not exceed 400 million US dollars. For Oriental New Energy, the annual return on investment can reach about 20%, which is a pretty good deal. Although the income period is only 30 years, it is equivalent to recovering the investment cost in 5 years, and the remaining 25 years are net profits. Moreover, most of this investment can be completed through financing. According to the current financial rating of Li's family and Duke, I don't know how many banks will cry and ask for loans to Oriental New Energy to do this project, and the interest will never be higher than the average interest rate of the bond market during the same period.
What's more, this experimental reactor has strong demonstration value, and once it is successfully operated, it will have a strong advertising effect on Oriental New Energy to develop the international power generation market.
Similarly, it is also a very good deal for the Bangladesh authorities. Even if it is surprised by Oriental New Energy, it can receive at least more than 10 million US dollars in tax revenue every year. Due to the huge difference between the purchase price and the retail price (the Bangladesh power department acquires electricity price of US$0.06, while the official retail price is about US$0.11 per kilowatt-hour), the government department can also have an additional price difference of US$0.10 million US dollars per kilowatt-hour.
What's more, 30 years later, all the income of the nuclear power plant belongs to the national power department, and in the past year, it has revenue of more than 200 million US dollars. In fact, the Bangladeshi authorities can bring at least tens of billions of US dollars in net income in the life cycle of this nuclear power plant.
Tens of billions of dollars are undoubtedly a huge income for the poor Bangladesh authorities. You should know that the current fiscal revenue of the entire Bangladesh country is only more than one hundred billion US dollars per year. Even if this income falls into the government's pocket for 70 years, it is equivalent to a direct increase of the national fiscal revenue by several percentage points every year. Such a huge cake is placed in front of those politicians. Even if the Bangladesh President can't help but feel a little moved after seeing the income forecast part of the feasibility construction plan provided by the Li family.
The Li family's bait was so big that it could not tolerate the politicians of the Bangladesh authorities' desire to refuse.
In most cases, good political-business relations and suitable silver bullet attacks are simply the only killing skill for the Li family to attack cities and land. In poor countries like Bangladesh, they are even more easily captured.
Faced with such an important contract, Duke should attend the signing ceremony in terms of emotion and reason. On the one hand, it is to show that Duke, a famous scientist, is the boss of Oriental New Energy, to show that Oriental New Energy's Lotus Pile has strong technical guarantees in intellectual property rights and operation and maintenance.
Another aspect is that Duke shows the world his presence in Oriental New Energy. After all, after learning some inside information, Duke has become very wary of the old Li family. On major occasions such as contract signing, Duke's own side must be signed, so as to ensure that he will not be gradually marginalized in the new company.
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Chapter completed!