Financial Analysis of Design 4 Mw Mini-Hydro Power Plant in Cipelah, Bandung Regency

International Journal of Research and Scientific Innovation (IJRSI) | Volume VIII, Issue VI, June 2021 | ISSN 2321–2705

Financial Analysis of Design 4 Mw Mini-Hydro Power Plant in Cipelah, Bandung Regency

Dedy Setyo Oetomo¹ , Rizky Fajar Ramdhani²
Wastukancana Technological College of Purwakarta, Indonesia
STT Wastukancana Purwakarta,Indonesia
Jl. Alternative Bukit Indah – Purwakarta, Mulyamekar, Kec. Babakancikao, Kabupaten Purwakarta, Jawa Barat 41151

ABSTRACT:- Mini Hydro Power Plants (PLTM) have low operating costs compared to Diesel Power Plants (PLTD). Mini hydro uses renewable energy from water resources. Planning the PLTMH in Cipelah District includes Weir, Intake, Soothing Tub (Forebay), Rapid Pipe ( Penstock), and selection of turbines. The power generated from the effective fall height is 71.3 m, and a discharge of 2 x 3.51 m3 / s is 4 MW. With a maximum capacity per year of 35.04 MWH. Total Production to PLN per year 23.93 MWH. The calculation of the feasibility analysis for the construction of a Mini Hydro Power Plant obtained an investment value of 6,297,758 USD. The interest rate used is 6%, the composition of the loan is 4,408,431 USD, and the equity is 1,889,328 USD. The IRR value of the PLTM CIpelah development plan is 20.58%, and the NPV value is USD 11,952,550 and the Payback Period is five years. The conclusion is that the Cipelah PLTM construction project is feasible to build.

Keywords: PLTM, Total Energy Production, Investment Value, Feasibility Value.

1.INTRODUCTION

One of the energy sources is water resources. Water resources are a resource with various uses needed in everyday human life. The use of water also includes water to supply electrical energy, which is also a significant need. Limited electrical power is one of the problems. Efforts are needed to solve the problem, not to cause a crisis that can have a more substantial impact.
It is generally not economical to talk about the store and expand the network to remote areas regarding electricity supply. On the other hand, fossil fuel power plants for remote areas are usually not economical because the scale of the generation is too small. The cost of fuel is high. However, Electricity’s provision must still carry out because it is an inevitable social investment in improving people’s welfare.
Installation of hydroelectric power plants or Microhydro Power Plants (PLTMH), especially in remote areas, still needs to be developed, seeing regions of Indonesia where much water has not to use optimally. There are still many remote areas in Indonesia that are not yet reaching by

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