Analysis of Investment Feasibility of 25mw Power Plant Development Project in Paper Factory in Karawang in Financial Aspects, Technology and Environmental

Abstract

Electrical energy is a source of energy needed by industry. This study aims to analyze the feasibility of investing in the construction of a pulp and paper industry power plant in Karawang. Research in terms of aspects of technology, environmental impacts are compared in the application of old technology and new technology. Financial aspects with the capital budgeting method. From the results of studies in the aspects of Technology 29.66 Tons / h Coal can produce 25 MW of electricity and supply steam for paper production. While the old Boiler 28.6 Ton / h only supplies steam for paper production, so that the Power Plant Project is more efficient than production costs and multifunctional technology. From an environmental aspect the technology used for fly ash is using ESP. ESP can not only reduce Sox, Nox, Total Particulate can also eliminate HG and fine dust so that it is safe for the environment and financial aspects of calculations with a payback period showing 3.62 years or 3 years 7 1/2 months, by using a Discounted payback return period is 4.21 Year or 4 years 2.5 months, using a Net Present Value (NPV) of $ 32,513,596.83, using the Internal Rate of Return (IRR) method is 36.88%, and using the Profitability Index (PI) method is 2.29. After comparing with the eligibility criteria, it can be concluded that this project is feasible to be implemented.