On the basis of TDRl's findings and the Mission's subsequent corroboration, an attempt has been made to quantify some of the economic benefits resulting from time savings and productivity improvements that are attributable to rural electrification. The EIRR of 12.4 percent improves to 25.5 percent if these benefits to the economy are taken into account (see the EIRR calculation in Table 5, and the derivation of the estimates of value of time savings and productivity improvement).