Chapter 94 Transmission Grid
The profitability of the transmission grid is directly related to the amount of electricity transmitted, that is, the scale of power generation of upstream power stations and power plants.
There is a very key point in this, that is, although the price of Draculamo Power Group's mains electricity is as high as 0.3 US dollars, it will never agree to accept the access to the Ronta grid at this price.
When the time comes, we will sit down and negotiate, and conservatively estimate that the price of electricity that can be negotiated to connect to the Draculamo backbone network should be around 0.2 US dollars at one time, but a more reliable and tough relationship can be found, and it can be higher.
At this time, even if the upstream power plant has zero profit power supply, but considering that the electric energy will also produce nearly 15-20% loss between the transmission grid, in this conversion, it will almost need at least 30 million kWh of annual power supply, and the transmission network built with huge investment can barely reach breakeven - of course, the huge amount of money required for the construction of the transmission network is still a small piece compared with the construction of upstream power stations and power plants.
Even if the Crow River hydropower station is completed, and the surplus power generation capacity of Sika Aidet Power Company is combined, it will only have an annual transmission capacity of 26 or 7 million kWh at most.
Theoretically, Cao Mo needs to build a third hydropower station in the upper reaches of the Lujiaochuan River with an annual power generation capacity of about 12 million to 15 million kWh, and supply power at zero profit, so that the transmission grid will have a certain profitability and some attraction to investors.
However, considering that upstream power stations and power plants also have a certain profit margin, the annual power supply scale needs at least 60 million kWh.
To tell the truth, the hydropower potential in the upper reaches of the Lujiaochuan River is very large, and there is no problem in the annual power supply scale of 500 million or 600 million kWh after the completion of the hydropower station group, and with the gold absorption capacity of the cement plant and the gold mine, there is no problem in building a hydropower station group with an annual scale of more than 100 million kWh in two years.
In China, there is no problem in improving the construction of the transmission grid, and then gradually expanding the upstream power generation capacity and improving the profitability of the power grid.
Even in any normal country with a stable political situation, most investors need to consider the construction of the transmission grid as a long-term investment.
However, the political situation in Kanem has been unstable in the previous decades, and the democratically elected government has only been in power for three years, and its domestic law and order is chaotic, which dooms the vast majority of domestic investors in Kanem to have or dare not have a long-term development plan, and are eager to make quick money.
This is also destined to the upstream hydropower station group, the scale of the initial construction should not be too small, so as to be truly attractive, and attract the bigwigs of Draculamo to actively participate in the construction of the transmission grid.
"I have $4.5 million in trust funds in my name, and I can entrust Ah Mo to be my executor and use all the funds to build the ......hydropower plant," Stari said.
"You're so rich?" said Abacha in surprise, "I thought you had three or five hundred thousand dollars in your name!"
In order to relieve the pressure on his hand, little Tubman did not hesitate to sell the Tubman crushing plant to Dongsheng in exchange for more than one million dollars in cash for squandering, where would he have thought that Stari still had a private trust fund of four and a half million dollars on hand!
You know, in Kanem, $4.5 million is not a small amount.
Of course, Stari affectionately called Cao Mo "Ah Mo", which made him feel sour in his heart, and he felt that the forehead was even more for Cao Mobai.
"My father cooperated with the Giddham family to invest in the Leia Casino, although in the end my father's shares in the Leigh Casino were taken away by the Giddham family, and the casino failed to operate, and even my father's death is somewhat unclear, but my father was a very good player when he was young. He used the few years he ran the casino to secretly transfer $3 million in funds, and secretly opened a trust account in my name with the United Bank of Oman. And because of the Jidam family, even my brother is not aware of the existence of this trust fund - Oman Union Bank is a very trustworthy international financial institution, and you don't have to worry about what they are missing when it comes to protecting the privacy of their customers. Stari said.
To be honest, Cao Mo knew very little about the intricate relationship between Draculamore's upper echelons, and he couldn't touch that level before, but he didn't expect that the Tubman family and the Jidam family had a deep relationship before.
Although Abacha and Tubman Jr. were classmates at Oyo State College, they had little contact after graduation and were unaware of the situation.
Cao Mo understood a little at this time:
It turns out that the Tubman family has long been closely linked to the Gidam family, and Baha has long coveted Starry's beauty, and Starry's own mastery of Texas Hold'em is also due to her father.
Little Tubman should have always been in the sight of the Jidam family and Yan Zhicheng, and it can even be said that the opening of a casino with part of the facilities of the Lana Dere Hotel is an idea that Yan Zhicheng and the Jidam family behind him have long had.
Xie Sipeng and him should have been used.
Thinking of this, Cao Mo couldn't help but sigh that little Tubman was really an idiot.
They didn't know that Yan Zhicheng's relationship with the Jidam family was normal, after all, he didn't really integrate into the local society of Draculamo, but little Tubman was kept in the dark, which was a bit stupid.
Even on the issue of renting out the facilities of the Lana Dere Hotel, there are investors in the hotel who are resolutely opposed, Cao Mo did not want to break the casserole and ask the end, but now looking back, it is very likely that these investors who are resolutely opposed know the details of Yan Zhicheng.
It is impossible for these opposing investors not to tell Tubman Jr. that Tubman Jr. was actively involved in the preparation of the new Lana Dere Beach Casino, and he really didn't know whether he was alive or dead, and became more and more convinced that he and Stari were right to block the news of Tubman Jr.
It can be seen that Stari also thinks that her brother is unreliable, otherwise the matter will most likely be lost in the hands of little Tubman.
Cao Mo originally planned to start the construction of the first Gray Crow River hydropower station as soon as next month, but the third and fourth of his plan, also located in the upper reaches of the Gray Crow River, are a group of stepped hydropower stations along with the first Gray Crow River Hydropower Station, with a total annual power generation capacity of about 55 million kWh.
However, the other two stepped hydropower stations, in Cao Mo's plan, will be delayed until the end of the year at the earliest. And it will take a while more for the cement storm in Kanem.
If the price of cement in Kanem falls rapidly, and there is no excess profit from the cement storm, it is not known how long it will be delayed if the construction of the third and fourth hydropower stations is to be scraped together.
Now with Starry's $4.5 million investment, he can start the construction of these three stepped hydropower stations in the upper reaches of the Crow River at the same time, which will also increase the scale of power supply to the transmission grid to more than 60 million kWh in the future.
Then it will be much easier to convince Draculamore's investors to participate in the construction of the transmission grid - it is simply risk-free arbitrage!
To be honest, Cao Mo didn't expect Stari to have such a huge amount of money in her hands.
Seeing Stari so beautiful and charming, and with such a large amount of wealth in his hands, Cao Mo wanted to say to her: I don't want to work hard anymore! However, looking back, it seems that he doesn't need Stari to raise ......
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At Cao Mo's invitation, Ojosan rushed back to Ibogu from Catero.
Lily also returned to the tribe with her father, and when she learned what had happened in the past few days, her little face turned red with anger:
"The Jidam family is so hateful!"
Whether it was to get the Felician family to invest in the formation of a new power grid company to promote the construction of a transmission grid connected to the Dracula Hammer backbone network, or to transfer the other two stepped hydropower stations originally planned to be built by the Felician family power company in the upper reaches of the Gray Raven River to a trust fund in Stari's private name, Cao Mo had to explain the reasons to the old chiefs Felician and Ochosan.
Lily is still a fifteen or sixteen-year-old girl, and she still has a natural sense of justice in her heart, and she is angry at what happened to Starry.
Cao Mo sat quietly in the wooden house, looking at Ojosan.
The old chief Felician is getting older, and Cao Mo's business in Ibogu is becoming more and more complicated, and the old chief Felician is a little unclear.
The matter of the Felician family is almost Cao Mo and Ojosan to discuss, and then the old chief Felician just nods.
Although Ojosan is also a scholar who cherishes his reputation, he has a lot more to think about than his daughter Lily, and he also knows very well how powerful the Jidam family is.
Lily clamored that Mr. Blake should be asked to report the smuggling, crime, and corruption of the Jidam family to President Buhari, and Ojosan could only tell her with a wry smile: "In Kanem, local dignitaries above the lieutenant governor have enjoyed immunity from corruption investigations since the day they were elected - the Federal Assembly had previously tried to push a bill to extend immunity to all federal parliamentarians, but it was always temporarily suspended by Buhari's strong opposition." At present, the judiciary of the federation and the states is relatively independent, and the situation is worrying, and it is not possible for the country to change in a day or two......
Cao Mo has long had a clear understanding of this.
If Kanem's police and judiciary were really clean and efficient, how could the social security of Kanem's entire country be so chaotic?
He could see Ojosan's hesitation, but he quietly talked about some of his thoughts on forming a new power grid company.
Most importantly, in order to ensure that the transmission grid is sufficiently attractive to raise funds, the three Raven River Terrace hydropower stations, which will be led by the Stari Private Trust and the Felician Family Power Company, can sign electricity price agreements with the new grid company for as low as eight cents.
Prior to this, the Ibogu hydropower plant had signed an internal power supply agreement with the Ibogu cement plant, which was 12 cents per kilowatt-hour.
With the difference of four cents per kilowatt-hour of electricity and the annual power generation scale of up to 5,000 to 55 million kilowatt-hours after the completion of the three Gray Crow River Ladder Hydropower Stations, it is equivalent to the profit space of the Gray Crow River Ladder Hydropower Station to the newly established power grid company every year.
If it weren't for the Jidam family hanging like a sharp sword over his head, Cao Mo would not have easily made such a big step.
Whether it is the Ibogu Hydropower Station or the Gray Crow River Ladder No. 1 Hydropower Station, they are nominally assets in the name of the Felician family power company, but everyone here already knows that the Felician family power company has up to 95% of the equity, and it has been taken away by Cao Mo in the name of facilities, equipment leasing and technical support, and indefinite entrusted operation.
The Crow River Ladder Hydropower Station gives up such a large profit space to the New Power Grid Company every year, and the Felician family participates in the financing and establishment of the New Power Grid Company, which corresponds to Cao Mo returning a considerable part of the benefits to the Felician family.
Cao Mo and Abacha initially negotiated a 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 Aidet Power Company and participates in the capital injection of the new power grid company, they can actually take 25% of the equity of the Sika Aidet natural gas power plant and 15% of the equity of the new power grid company.
Considering that the annual transmission scale of the new power grid company will reach 60 million kilowatt-hours of electricity in the first phase, and there will be more room for growth in the future, the 15% equity value of the new power grid company is definitely not a small number.
Sika Aidert's natural gas power plant, which will be fully utilized and profitable after the completion of the new transmission grid, will also return to profitability, and the Felician family will receive a 25% stake in the natural gas plant, which is not a small amount.
Ojosan pondered for a moment and said, "I am going to Benin in two days for an academic conference, and Miss Stari can come with me to Benin. ”
Seeing that Stari's beautiful eyes were a little worried, Cao Mo said to her: "Mr. Ojosan is an upright scholar worthy of our trust, you can ask the person in charge of the United Bank of Oman to meet us in Cardeiro, and after signing the entrustment agreement, you can go directly to Benin with Mr. Ojosan, and arrange to stay in China to complete your studies in the future......"
Seeing that Cao Mo was so sure, Stari nodded and agreed to go to Cardeiro first, and then go to Benin with Ojosan......