DEVELOPMENT OF SCHEMES ASSESS THE ECONOMIC EFFICIENCY OF INVESTMENTS IN THE PROJECTS OF MODERNIZATION OF ELECTRIC POWER FACILITIES
The article presents a framework for the assessment of economic efficiency of business investment projects for reconstruction and modernization of energy facilities. The technique of using the criteria of economic efficiency of investments taking into account the different value of money in time for modernization or reconstruction of power. The disadvantage of this method for the energy industry is that it is necessary to know the rate of discounting. In the article the expediency of using in the calculation of the indicator’s internal rate of return of the project of reconstruction or modernization. The criterion of efficiency of investments is the condition of excess internal rate of return above the average norms of discounting.