scholarly journals Financial Analysis of 18kW Solar Photovoltaic Baidi Microgrid at Baidi, Tanahun, Nepal

2020 ◽  
Vol 15 (1) ◽  
pp. 229-236
Author(s):  
Sanjaya Neupane ◽  
Ajay Kumar Jha ◽  
Anirudh Prasad Sah

 This study presents financial evaluation of 18 kW solar photovoltaic powered Baidi Micro Grid implemented by Alternative Energy Promotion Center (AEPC) in Dubung village, Rising Gaupalika, Tanahun district of Nepal. The grid is built and is operational under Baidi Micro Grid Pvt. Ltd, a Special Purpose Vehicle (SPV) established under “Pro-Poor Public Private Partnership (5P)” concept supported by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) & International Fund for Agricultural Development (IFAD). It is pilot project under 5P concept in Nepal. People from Dubung and Mauribas village as well as Saral Urja Nepal Pvt Ltd (SUN) jointly owns the SPV strengthening not only technical, managerial and financial support but also the community participation and engagement in all decision making process. The total cost of the project is NPR 13,395,000.00 at 2015 AD. The grant for the project was of value NPR 11,295,000.00 from AEPC, IFAD and UNESCAP and remaining was equity of SUN. The net present value of NPR -10,978,605.76 is obtained at 3% discount rate due to unavoidable replacement cost of batteries, charge controllers, inverters and high initial investment without the consideration of the grant amount. Whereas, with 84.32% utilization of available grant, the NPV worth of NPR 384,394.22 is obtained for the project. In breakeven analysis, a breakeven point of the project is obtained at 81.87% utilization of the grant. Without grant, project like Baidi Micro Grid will not sustain. In addition, average unit cost of electricity is found to be NPR 37.08 but it varied from NPR 16.67 to NPR 80.81. Household consuming more electricity has to pay less unit cost of electricity whereas household consuming less electricity had to pay higher unit cost of electricity.

2012 ◽  
Vol 512-515 ◽  
pp. 113-118
Author(s):  
Qian Feng ◽  
Pei Kun Zhao ◽  
Hui Wei Shi ◽  
Jiong Zhu ◽  
Jie Lei Tu

Photovaltaic power generation in the future world energy consumption will occupy an important position, not only to partially replace conventional energy sources, and will become the main energy supply. But at present, compared with conventional energy generation, photovoltaic electricity does not have a competitive advantage. So develop a reasonable electrovalency is the key to promote the healthy development of China’s photovoltaic industry. This paper use the net present value method of financial analysis to learn the generating capacity and investment cost of PV system combined with system’s characteristics and performance, discuss the unit cost of PV power and analyzed the impact of PV electricity price factors.


Clean Energy ◽  
2021 ◽  
Vol 5 (1) ◽  
pp. 57-78
Author(s):  
Sohaib Nasr Mohamed Abdalla ◽  
Hakan Özcan

Abstract Developing nations have a critical need to increase electricity supply. Sudan has much unrealized potential for generating solar energy, particularly in the northern region. This research study focuses on designing a 1-GW solar power station in northern Sudan using the PVsyst7.0 software program. To determine the appropriate location for the solar-energy station, 14 criteria were evaluated. This process is generic and suitable for use in any other country. The method for conducting cash-flow estimates and return on investment is illustrated in the economic evaluation. The city of Dongola, the capital of the northern state, was selected because of its high annual irradiance on a horizontal surface at ~2333.2 kWh/m2. The simulation results show that the annual optimum tilt angle of inclination for photovoltaic (PV) modules is 30°, the energy production is 1 979 259 MWh/yr and the average annual performance rate is 0.810. In addition, the electric power consumption per capita in Sudan is 269 kWh/yr, so the proposed solar power plant with 1 979 259 MWh/yr can provide energy to 7.4 million people per year annually and reduce carbon emissions by ~18 million tons of carbon dioxide per year. Economic calculations show that the levelized cost of electricity (LCOE) is $0.06/kWh, the discounted payback period is ~11 years and the net present value is $635 291 000. As a result, the proposed grid-connected PV solar plant is considered economically, technically and environmentally feasible in Sudan.


2017 ◽  
Vol 8 (3) ◽  
pp. 74 ◽  
Author(s):  
Mauricio Mosquera-Montoya ◽  
Elizabeth Ruiz-Alvarez ◽  
Eloina Mesa-Fuquen

Adopting technology regarding agricultural crops has traditionally been associated with high costs. Producers have thus often abstained from adopting better agronomical practices and have consequently lost the benefits they could otherwise have obtained by implementing better criteria for managing their crops.This research builds on results by Ruiz et al., (2017) who found three typologies of oil palm lots, regarding adoption of technology and yields on oil palm crops from Colombia. This work was aimed at evaluating the typologies found by Ruiz et al. (2017) from an economic standpoint by using different economic assessment methods, in order to determine the benefits of technology adoption at the Colombian oil palm agroindustry. The methods used were aimed at estimating: unit cost, net present value (NPV), net income, land use efficiency, generation of income and competitiveness.Results indicate that the cost of producing a ton of fresh fruit bunches from oil palms (FFB) on lots having high adoption of technology was 2.5% to 8% lower when compared to lots having lower adoption of technology (Typologies 2 and 3. respectively). Technology adoption enables greater yearly net income to be obtained in mature oil palm crops in typology 1, than the one obtained at typology 2 and typology 3. The adoption of technology allows the grower to obtain net income equivalent to a legally-established yearly minimum wage (LEYMW), using less land. Finally, it was concluded that at average CPO prices for the period 2005-2015, the Colombian growers that participated in this study, may be competitive at the European market, which is the main destination of Colombian exports of crude palm oil (CPO).


2015 ◽  
Vol 9 (1) ◽  
pp. 40
Author(s):  
Adham Indra Kusuma, Marjono, Fauziah S.C.S Maisarah

One attempt to create a good transport system is the construction of new roads toll roads. A toll road construction soon to be implemented is AA segment a which is of  investment oriented and expected to give profits to the investors. According to the plan, the toll road is 40.5 km long development is divided into 4 sections. Data required to perform financial analysis is the cost of investment, operation and maintenance cost, traffic volume, and the toll rate plans. These data to find the values of the parameters used to calculate the financial analysis include the Net Present Value (NPV), Internal Rate of Return (IRR), Benefit Cost Ratio (BCR), and Payback Period (PP). The financial analysis will use two funding alternatives, alternative I using 100% equity, alternative II using 30% equity and 70%  loan. The purpose of this study is to determine the results of the financial analysis of the parameter values of highway construction project feasibility and determine the most influential factors after a sensitivity analysis has been made. Based on the financial analysis the investment cost results in IDR 3,827,698,222,645. The financial analysis NPV parameters alternative I results in IDR 661,439,934,962 and alternative II in IDR 230,334,925,350 which means they are feasible because both NPVs are greater than 0; both the IRR of 14.18% for alternative I and 13.02% for alternative II are greater than Minimum Attractive Rate Of Return (MARR) value of 12.42%; so, they are feasible; the value of BCR of alternative I is of 1.13 and alternative II is of 1.04; so, they are feasible because the value of BCR is greater than 1. While the PP of alternative I in the period of 12.1 years and alternative II in the period of 13.5 years. The sensitivity analysis of alternatives I and II result in  the most influential alternative—when construction period experiences ≥ 3 years backwards.Keywords: investment cost, financial analysis, sensitivity analysis.


2016 ◽  
Vol 1 (3) ◽  
pp. 183
Author(s):  
Cecilia Farrona Al Hadri ◽  
Ari Natalia Probandari ◽  
Rizaldi Taslim Pinzon

Latar Belakan: kematian akibat PTM (Penyakit Tidak Menular) diperkirakan akan terus meningkat di seluruh dunia, peningkatan terbesar akan terjadi di negara-negara berkembang. Mempertahankan konsumen dan berusaha mendapatkan konsumen baru merupakan strategi wajib yang harus di jalankan oleh rumah sakit. Keberadaan konsumen sangat penting bagi bisnis rumah sakit karena konsumen merupakan roda bisnis rumah sakit. Rumah Sakit Bethesda Yogyakarta, berencana untuk melakukan investasi laboratorium Angiografi untuk menunjang fasilitas kesehatan yang sudah ada. Sebelum melakukan investasi penting untuk mengetahui berapa besar unit cost dan tarif yang akan ditetapkan selain itu juga perlu diketahui kemauan membayar (Willingness to Pay) dan kemampuan membayar (Ability to Pay) pasien terhadap penggunaan layanan. Metode Penelitian: penelitian dilakukan dengan menggunakan rancangan studi kasus yang dilakukan di Rumah Sakit Bethesda Yogyakarta. Sebanyak 265 orang dipilih sebagai responden, yang diambil dari poliklinik saraf dan penyakit dalam. Data primer terdiri dari data kemauan dan kemampuan pasien untuk melakukan pelayanan laboratorium angiografi. Data sekunder di dapatkan dari rumah sakit, penelitian terdahulu dan lainnya. Analisis investasi dihitung menggunakan Net Present Value, Internal Ratr of Return, payback Period dan Return On Investment. Hasil: Perhitungan dengan menggunakan analisis Net Present Value menghasilkan nilai sebesar Rp.23.569.363.711,-. Jika dibandingkan dengan nilai modal, NPV bernilai positif sehingga investasi ini layak dilaksanakan. Analisis Internal Rate of Return menghasilkan nilai 29% yang berarti lebih besar dari faktor diskonto artinya dengan menggunakan analisis ini investasi juga layak dilakukan. Perhitungan menggunakan Payback Period diketahui masa balik modal investasi laboratorium angiografi adalah selama tiga tahun tujuh bulan dan Return On Invesment menunjukkan pelayanan laboratrium angiografi berkemampuan untuk menghasilkan laba sebesar 120%. Kesimpulan: hasil penelitian menunjukkan investasi laboratorium angiografi dari aspek keuangan layak dilakukan. Kemauan masyarakat untuk menggunakan layanan cukup tinggi namun dari segi kemampuan rata-rata masih rendah.


2020 ◽  
Vol 1 (2) ◽  
pp. 1-5
Author(s):  
Dwi Ajiatmo

Electricity is able to make a positive change and contribution to people's lives and well-being. This study aims to assess the feasibility of investment in the construction of low voltage electricity networks. The method used with project evaluation analysis is based on financial analysis. The criteria used to analyze activities carried out for 10 years use payback period (PP) analysis, net present value (NPV), internal rate of return (IRR), and profitability index (IP). The results showed that the analysis of investment planning can be carried out with the consequence of the results obtained in the form of not so large returns. PP results show the investment value with the payback period method will Return in the 9th year, while the positive NPV value is still above zero while the IRR value shows the value of 11% below the social discount rate as well as the IP value showing the value of 0.90. The feasibility of investment in terms of economic-financial analysis by looking at per criteria shows that investment is still feasible to be carried out with minimal profit levels.


Energies ◽  
2021 ◽  
Vol 14 (20) ◽  
pp. 6676
Author(s):  
Muhammad Saydal Khan ◽  
Ali Tahir ◽  
Imtiaz Alam ◽  
Sohail Razzaq ◽  
Muhammad Usman ◽  
...  

This paper investigates the impact of tube wells on the discharge and water table of the Quetta Valley aquifer and conducts a financial analysis of the solar photovoltaic water pumping system (SPVWP) in comparison with a typical pumping system for the Water and Sanitation Agency of Quetta’s (WASA) tube wells. Quetta Valley is dependent on groundwater as surface resources are on decline and unpredictable. The population of this city has exponentially increased from 0.26 million in 1975 to 2.2 million in 2017 which has put a lot of pressure on the groundwater aquifer by installing more than 500 large capacity tube wells by WASA and Public Health Engineering (PHE) departments in addition to thousands of low-capacity private tube wells. The unprecedented running of these wells has resulted in drying of the historical Karez system, agricultural activities, and the sharp increase in power tariffs. There are 423 tube wells in operation installed by WASA in addition to PHE, Irrigation and Military Engineering Services (MES), which covers 60% of the city’s water demand. The results will be beneficial for organizations and positively impact the operation of these wells to meet public water demand. For the two zones, i.e., Zarghoon and Chiltan in Quetta Valley, recommendations are given for improved water management.


Author(s):  
Eko Suwito Handjojo ◽  
Rizal Syarief ◽  
Sugiyono

Various kinds of tea can be used as food and anti-diabetic medicine. One of plants that can be used as medicinal subtancesis Teh Papua (<em>Vernonia amygdalina</em>). Teh Papua, as become one of the local wisdom in Papua, has been used for generations to medicate malaria epidemic and  blood sugar disease. Hence, good bussiness planning review will be needed to develop this potential plant. The purpose of this study is to analyze the feasibility of small Teh Papua industry. Descriptive research method was used in this research. Data are collected by observation, survey, and depth-interview with the bussiness actor. Aspects observed in this studyare aspects of market, marketing, technical and technological, organiza-tional and also management. Measurement of financial aspectfeasibility in this study is using Net Present Value (NPV), Internal Rate of Return (IRR), Net Benefit-Cost Ratio (Net B/C ), and Payback Period (PP). The result shows commercial financial analysis of Teh Papua indicates a positive NPV value of Rp. 316 068 835, IRR value of 45.17%, net value B/C of 2.48 and Payback Period of 17% and 27% depreciation.


2021 ◽  
Vol 10 (4) ◽  
pp. 13
Author(s):  
Ana-Maria Bogdan ◽  
Suren Kulshreshtha ◽  
Jean Caron

At a global scale, Canada is the second largest cranberry producer, with Quebec being the largest producing region within Canada. Efficient water use in agricultural production has long been a topic of outmost importance to agricultural producers, and governing bodies. The immediacy of climate change effects sped up the need to find solutions that conserve water. One such promising technology is irrigation using real-time tensiometers, which provides rapidly critical irrigation needs information to producers. Adoption of improved technologies by farmers is dependent on the effect it has on the farms&rsquo; bottom line. In this study, we examine the financial performance of real-time tensiometer based irrigation, and compare it to evaporation needs based irrigation (baseline), in the context of a Quebec-based cranberry farm. Our findings show that irrigating using real-time tensiometers technology generated higher economic returns. With a net present value of $96,847, this technology increased returns by nearly 53% compared to the baseline technology. Subsequent sensitivity analyses confirmed the robustness of these findings, even when changing important farming parameters.


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