Spreadsheet: benjamin_rogers__1010__TVA Wkly Anal - 121499
Sheet: Summary

ENRON CAPITAL & TRADE RESOURCES
1999 TVA PEAKING PLANTS |  |  |  |  |  |  |  |  | Report Date:
COST SUMMARY ($ thousands) |  |  |  |  |  |  |  |  | Expenditures to date: |  |  |  |  | as of 12/10/99
Revision # 56
 |  |  |  |  |  | Actuals
 |  |  |  | Current Estimate |  | Actuals to Date |  | Estimate to Complete |  | Total to [NAME] |  | [NAME] |  | %
Project |  | MW |  |  |  |  |  |  |  |  |  | from CE |  | Complete
BROWNSVILLE, TN |  | 458
CALEDONIA, MS |  | 442
NEW ALBANY,MS |  | 360
Less: Depreciation |  |  |  |  |  |  |  | 0 |  |  |  | 0 |  | -
(thru 11/99)
TOTAL PROGRAM
Target $$/MW
(without [NAME])
Changes to Current Estimate Explanations
All Plants | 11/10 | Decrease costs due to reduced interest expectation and reduced financing fees.
 | 11/16 | Decrease costs due to reduced spare part expense.
 |  | Increased costs related to increased O&M/Startup costs
 | 12/09 | Recognition of [NAME] increase (NEPCO)
 | 1/26 | Decrease estimated Interest Charges for Interest Rate Swap (7.5% [NAME] vs. 5.75% swap)
 |  | Increase for Startup fuel not in original Budget
 | 1999-04-27 00:00:00 | Increased Insurance costs to carry additional 30-60 days of Builder's Risk insurance.
Weekly Beginning | 3/30 | Updated IDC, commitment fee and swap gain / (loss) based on actual draws to date and current interest rates.
New Albany | 11/16 | Increased cost related to $7.5 MM for DLN equipment
 | 2/2 | Final approved New Albany NEPCO/EECC budget presented in 1/99 (excludes turbine switch)-incr of $483k
Caledonia | 1/26 | Remove cost associated with dedicated train
Current Estimate vs Actual [NAME] (000s)
Brownsville: |  |  |  | Major Equipment variance (include change orders and circuit breaker installation)
 |  |  |  | EECC Program Management
 |  |  |  | [NAME] (primarily major mechanical, Above and Underground Electrical, and [NAME], Training, Manauals)
 |  |  |  | Increased EI Startup primarily for augmenting O&M staffing during the startup and commissioning due to the compressed commissioning
 |  |  |  | and turnover schedule.
 |  |  |  | ECT development / land acquisition / permitting cost overages
 |  |  |  | Electrical Interconnection
 |  |  |  | Interest credit on unused cash
 |  |  |  | Financing fees more than expected-ECT
 |  |  |  | Startup fuel
 |  |  |  | Insurance during construction
 |  |  |  | Commitment fee (trueup to actuals)
 |  |  |  | NEPCO Interest Charges
 |  |  |  | Spare Parts
Caledonia: |  |  |  | Major Equipment (progress pymts to ABB for transformers and circuit breakers, change orders and circuit breaker installation)
 |  |  |  | EECC Program Management
 |  |  |  | Construction variance-NEPCO (primarily major mechanical, startup, training, manuals, above and below ground electrical)
 |  |  |  | Increased EI Startup primarily for augmenting O&M staffing during the startup and commissioning due to the compressed commissioning
 |  |  |  | and turnover schedule.
 |  |  |  | ECT development / land acquisition / permitting cost overages / legal / insurance
 |  |  |  | Electrical interconnection
 |  |  |  | Interest credit on unused cash
 |  |  |  | Sales tax savings
 |  |  |  | Startup fuel
 |  |  |  | Financing fees more than expected-ECT
New Albany: |  |  |  | Dow 7B removal/shipping cost savings
 |  |  |  | Major equipment variance (incl change orders and circuit breaker installation & transformer repair)
 |  |  |  | Cost overrun on Korean (Kunsan) units deconstruction/move/transport
 |  |  |  | (incl cost of moving #1-4 from Korea to Pensacola and #1-6 from Pensacola to New Albany)
 |  |  |  | Circuit Breakers - movement of actuals from transformers
 |  |  |  | KEPCO Youngwol units (incl cost of trans one unit from Korea to Pensacola)
 |  |  |  | Overrun on Refurbishment of KEPCO units (estimated costs NOT FINAL)
 |  |  |  | Cost overrun on Spare Parts
 |  |  |  | Estimated overrun on EECC Program [NAME]. based on EECC's revised budget captions
 |  |  |  | Increased EI Startup primarily for augmenting O&M staffing during the startup and commissioning due to the compressed commissioning
 |  |  |  | and turnover schedule.
 |  |  |  | [NAME] - (primarily construction - maj. [NAME]. [NAME], above ground electrical, TTS Scope)
 |  |  |  | ECT development / land acquisition / permitting cost overages / insurance
 |  |  |  | Financing fees more than expected
 |  |  |  | Interest credit on unused cash
 |  |  |  | Startup fuel
 |  |  |  | Electrical Interconnection
NOTE: | This summary includes updates reported in the September Detailed Cost Status Report received from EE&CC.