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The power industry is a technology-intensive, capital-intensive basic industries of the national economy, investment in power projects with investment of huge resources required a large amount of financial risk increases, and long payback period, and its success depends on the decision-making correct or not. Project decision-making is based on the theory of the feasibility study the project of scientific analysis and prediction, it is necessary to strengthen and regulate the power project former evaluation, investment decisions using scientific methods to avoid investment risks.Former evaluation on the project not only economic benefits of the project objective, scientific evaluation, but also more practical to select and identify the investment program, to arrive at better economic groupings, which will effectively promote economic social sustainable development goals and the grand blueprint of a socialist harmonious society at an early date. In this paper, Taizhou Medical City 110kV substation project overview, from the substation site selection analysis, routing analysis demonstrated the technical former evaluation of the project; the project financial analysis, calculation of payback period, net present value, the financial internal rate of return, investment profit rate, tax rate and other financial indicators, and the project’s financial feasibility.
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