The financial/tariff model (“Financial Model”) shall provide information about the Project Financial structure:

a. On best-estimate assumptions, based on discussions with the Client, the lenders, and inputs from the technical advisors, as well as based on the Project documents.

b. The Model will generate using, projections for revenue, operating costs, capital expenditure, and financial cash flow stream, income statements, balance sheet & cash flow statements.

c. Monthly breakup of funding. Reflecting contingencies which will be determined in discussion with the Project team, lenders, and technical consultants;

d. Calculations of interest & ROEDC (return on equity during construction) Balance sheet, income statements.