Optimised Deprival Valuation of Transpower

The Optimised Deprival Valuation (ODV) provides the value of Transpower New Zealand Limited's (Transpower's) transmission grid (system fixed assets), using optimisation and deprival techniques. The value of system fixed assets includes communications assets at their net book value. The ODV methodology provides a proxy for the market value of the grid assets in the absence of a ready market for such assets.