FEASIBILITY STUDY REPORT

Document Number
JAYAMUKTI MHPP
JYMT.52.1210

CHAPTER 11
CONCLUSION

11.1 CONCLUSION

Results of feasibility study on development plan of JAYAMUKTI MHPP that has done by
the consultant can be concluded as follows:

1) Location plan for JAYAMUKTI MHPP is in Casanggiri River that has 46.75 km2
catchment area. Catchment area is domiated by paddy field and annual dry soil.
JAYAMUKTI MHPP has head gross potential 62 m and net gross 60.22 m.
2) Dependable flow that can be used is 5.86 m3/s with probability 35%.
3) Flood discharge design for different period was calculated by HSS Nakayasu
method, where flood peak discharge for every 50 years that used as discharge
plan for weir 1 is 231 m3/s and weir 2 is 99.23 m3/s.
4) Wier 1 of JAYAMUKTI MHPP is designed with total width 14 m, high 2 m, 4 doors
intake and waterway length is 1300 m. Weir 2 is designed with total width 5.3 m,
high 2 m, 1 door intake and waterway length is 700 m.
5) JAYAMUKTI MHPP is planned to use 2 (two) turbines with capacity 1530 kW for
each turbine. Based on flow duration curve from this study, JAYAMUKTI MHPP
has plant factor 66.12%, capacity factor 66.11% and produce energy 17,720,370
kWh.
6) Investment cost for JAYAMUKTI MHPP is Rp 77,364,550,000 with detail as
follows:

A. INVESTMENT COST
1 COMPONENT A - INVESTMENT COST (IDR. 000,-)
Description     100%
a. Preparation works / Construction facilities 1.860.761
b. Civil & metal works 30.821.965
c. Electrical equipments 20.655.000
d. Transmission & distribution 1.250.000
e. Engineering & overheads 9,5% 5.907.879
f. Land acquistiton 7.642.743
g. Tax (Ppn) 10% 3.389.046
    Direct cost ---> Rp 71.485.128

JAYAMUKTI MHPP Feasibility Study 1

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 FEASIBILITY STUDY REPORT
Document Number
JAYAMUKTI MHPP
JYMT.52.1210

h. Interest During Construction (IDC) 5.879.423

Total Sum ---> Rp 77.364.550
  Unit investment cost ---> Rp 25.287.148

7) Financial analysis of JAYAMUKTI MHPP development plan can be seen as

follows:

Description Values

NPV Positive (IDR. 000,-) 89.855.558

PV (IDR. 000,-) 183.050.905
IRR Equity 31,50%
IRR Project 20,09%
Break Event Point (BEP) 2,96
PP (Years) 3,85
B/C Ratio 1,96

Statements is Feasible

Return on assets ( ROA ) 11,90%

Return of Investment (ROI) 8,93%
Return of Equity (ROE) 61,83%
Current Ratio (CR) 192,00%
Debt Service Coverage Ratio (DSCR) 89,92%
Profitability Index 127,71%

It can be concluded that in financial aspect, JAYAMUKTI MHPP is WORTHY to be

developed with NPV Rp. 89,855,558,000 and IRR project value is 20.09 %

JAYAMUKTI MHPP Feasibility Study 2

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 FEASIBILITY STUDY REPORT
Document Number
JAYAMUKTI MHPP
JYMT.52.1210

CHAPTER 11.....................................................................................................................
11.1 CONCLUSION............................................................................................

JAYAMUKTI MHPP Feasibility Study 3

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