scholarly journals Economic Feasibility Study on The Development of Irrigation Channels

Author(s):  
Zakia Zakia ◽  
Meylis Safriani ◽  
Nessa Radianica ◽  
M Faisi Ikhwali

Indonesia is an agricultural country where the livelihood of the majority of the population is farming. Geographically, Indonesia is an archipelagic country that has enormous natural potential, both in the marine and agricultural fields. The agricultural sector is a sector that has an important role in improving the welfare of the entire population of Indonesia. Rice fields in Blang Beurandang Village still rely on irrigation from using rainwater to meet irrigation water needs. To increase rice yields, an irrigation network is needed that can flow water to the rice fields. It is necessary to conduct a feasibility study on the irrigation to be built so that it can be calculated from an economic point of view whether the project is feasible or not. This feasibility study is equipped with an analysis using the first method; Net Present Value (NPV), the second is the Benefit Cost Ratio (BCR) analysis, the third is the Internal Rate of Return (IRR), and the fourth is the Break Event Point (BEP). The results of this study are the value of the investment cost of the construction project or the initial capital of the irrigation canal which is IDR. 2,088,058,500, and the value of the operational and maintenance costs is IDR. 9,578,250 per year. The results obtained that NPV was IDR. 30,614,330, BCR was 1.01%, IRR was 5.88% > 5% and BEP occurred in the 22nd year and the 7th month. Based on the calculation results obtained from these four methods, it shows that the irrigation channel construction project has met the eligibility requirements and the project can be implemented or built. This means that the construction of irrigation networks in the village is feasible.

2021 ◽  
Vol 3 (3) ◽  
pp. 196-202
Author(s):  
Eddy Priatno ◽  
Sugiarto Sugiarto ◽  
Muhammad Isya

The policy of Nagan Raya District Government to develop the Lamie - Kuala Tuha provincial road section aims to shorten travel time, reduce high mobility, facilitate travel, and support the movement of the plantation and agricultural sectors. This study aims to determine the magnitude of the benefits obtained from the producer surplus aspect in the plantation sector, agricultural sector and livestock sector and to evaluate economic feasibility based on Benefit Cost Ratio (BCR), Net Present Value (NPV), and Internal Rate of Return (IRR) . This research was conducted by collecting data related to the budget, wages, the Nagan Raya Regency Spatial Planning Book, the area of land and the production of the agricultural sector, the area of land and production of the plantation sector, and the amount and price of cattle. Data is processed by producer surplus method in the transportation economy, namely evaluating economic feasibility with BCR, NPV, IRR indicators. The results of this study indicate that the construction of the Lamie - Kuala Tuha Road in the 24th (twenty four) year or the 20th (twenty) year since the road was opened has met economic feasibility standards at a discount rate of 10, 12 and 15 percent with a value BCR 1.85, 1.54 and 1.15, NPV value of Rp. 64,828,481,000, Rp. 35,422,332,000 and Rp. 8,322,171,000. The IRR value obtained in this study is at the discount rate of 16.44 percent.


2019 ◽  
Vol 3 (2) ◽  
pp. 146
Author(s):  
Nur Rahmani ◽  
Akmal Lazuardy

The fish shelter port (TPI) is a need that needs to be prepared by local village officials and the government for every coastal village in Bengkalis Regency. This research was conducted in the Berancah village of Bantan District. The analysis in this study describes the economic feasibility mathematically for the construction of a fish storage port (TPI) by calculating the cost ratio (B / C ratio) benefit analysis, payback period (PP), net present value (NPV), and internal rate of return ( IRR). The results obtained from the NPV value (3,661,267,645), BCR value (0.943), IRR value of 10.01%, and PP are in the period of 30 years. Taken as a whole by standardizing the calculations, it can be concluded that the planned construction of a fish shelter in Berancah village is considered not economically feasible, but economic analysis is not merely a benchmark for feasibility, reviewed for the future many benefits will be received by the community around the location of the development plan so that it can improve the welfare of the community in Berancah village.


Agrikultura ◽  
2018 ◽  
Vol 29 (3) ◽  
pp. 144
Author(s):  
Wahyu K Sugandi ◽  
Asep Yusuf

ABSTRACTEconomic analysis reel type cutting machine for elephant grassThe need grass for fodder in the region Lembang has been increasing, but it does not followed byits quality. Therefore, cutting machine which is able to cut the fodder no more than 5 cm size is needed. The Laboratory of Agricultural Machinery and Machinery Department of Agricultural Engineering and Biosystem FTIP Unpad had been developed an elephant grass enchant machine inaccordance with the requirements of making the silage, but no economic feasibility analysis has been done for the machine. Therefore it was necessary to study the economic feasibility analysis of elephant grass cutting machine. The method used in this study was the economic analysis methodwhich includes the cost of production and the breakeven point, and business feasibility including net present value (NPV), benefit cost ratio analysis (BCR), internal rate of return (IRR) and payback period analysis (PBP). The results showed that the cost of production of elephant grass enemies was Rp 2,178 / kg with production breakeven 18.769 kg, BC ratio of 1.15, NPV1 of Rp 70,770, - NPV2 of Rp 61.333, - IRR of 27% and payback period during 2 months. So it can be concluded that the use of elephant-type elephant chopper machine was feasible to use.Keywords: Elephant grass, economic analysis, cutting machineABSTRAKKebutuhan rumput gajah untuk pakan ternak (silase) di daerah Lembang terus meningkat. Syarat pembuatan silase tersebut bahwa panjang potongan rumput gajah sebaiknya < 5 cm. Untuk itudiperlukan sebuah mesin pencacah rumput gajah sesuai syarat pembuatan silase. LaboratoriumAlat dan Mesin Pertanian Departemen Teknik Pertanian dan Biosistem FTIP Unpad telah mengembangkan sebuah mesin pencacah rumput gajah sesuai syarat pembuatan silase tersebut, tetapi belum dilakukan analisis kelayakan ekonomi untuk mesin tersebut. Oleh karena itdiperlukan suatu penelitian berkenaan dengan analisis kelayakan ekonomi mesin pencacah rumput gajah. Metode yang digunakan pada penelitian ini adalah metode analisis ekonomi yang meliputi biaya pokok produksi dan titik impas, serta kelayakan usaha yang meliputi net present value(NPV), benefit cost ratio analysis (BCR), internal rate of return (IRR) dan payback period analysis(PBP). Hasil penelitian menunjukkan bahwa biaya pokok produksi mesin pencacah rumput gajah adalah Rp 2.178/kg dengan titik impas produksi 18.769 kg, BC rasio sebesar 1,15, NPV1 sebesar Rp 70.770,- NPV2 = Rp 61.333,- IRR sebesar 27% dan payback period selama 2 bulan. Maka dapat disimpulkan bahwa pengunaan mesin pencacah rumput gajah tipe reel layak digunakan. Kata Kunci : Rumput Gajah, Analisis Ekonomi, Mesin Pencacah


ZOOTEC ◽  
2019 ◽  
Vol 39 (1) ◽  
pp. 171
Author(s):  
Franky N.S Oroh ◽  
S A.E Moningkey ◽  
I D.R Lumenta

ABSTRACTSTUDY OF CONVENTIONAL INVESTMENT CRITERIA AND ENVIRONMENTAL OF PIG FARMING IN TOMOHON CITY. This study aims to analyze the feasibility of conventional (private) and environment (externalities) investment criteria, which determine the extent of the economic feasibility of the externalities investment criteria taking into account the private costs (conventional costs) and externalities costs (environmental costs) in the pig farm agribusiness. This research was conducted in Tomohon, where the sample pig farms that have business scale criterion of <1,000, 1,000-5,000, and > 5,000 heads. The analysis used the analysis of investment criteria to look at the externalities economic feasibility of the pig farms, with the calculation of Net Present Value (NPV), Benefit Cost Ratio (BCR) and Internal Rate of Return (IRR). NPV of conventionally and externalities was greater than zero or positive, these results suggest that the companies have been conventionally sampled financially feasibility, as well as the investment plan of externalities. IRR conventional and externalities is greater than one, these results indicate that the samples with conventional and externalities investment companies are still profitable, especially if the investment is viewed in the environment, it would be beneficial as it will reduce the environmental impact. BC ratio values conventionally and externalities is greater than one, these results suggest that the externalities investment is feasible for conducting.Keywords :Economy, Environment, Pig Farms, Tomohon


2020 ◽  
Author(s):  
Zhalgas Smagulov ◽  
Adil Anapiya ◽  
Dinara Dikhanbayeva ◽  
Luis Rojas-Solórzano

Abstract This paper presents the techno-economic feasibility analysis of an on-grid Photovoltaic Solar System (PVSS) subject to Mediterranean climate aging effects. The PVSS under study is considered installed on the roof of Shymkent airport, located in southern Kazakhstan. A PVSS performance degradation rate of 1.48%-per-annun was considered according to the Mediterranean climate prevailing in the location. A 25-year life-cycle cost analysis comparing the rated vs de-rated on-grid PVSS led to a positive Net Present Value (NPV), a less than 9-year equity payback, and favorable internal rate of return (IRR) and Benefit to Cost Ratio (BCR) in both conditions. The analysis demonstrates that despite the expected performance degradation associated to climatic aging, a convenient feed-in tariff (FIT) and attractive financial conditions, such as those present in Kazakhstan, conform a robust setting to promote on-grid PVSS in the country.


2019 ◽  
Vol 19 (2) ◽  
pp. 61-70
Author(s):  
Pandi Aditiya ◽  
Ahmad Herison ◽  
Ika Kustiani ◽  
Amril Ma’ruf Siregar

The increasing demand for port services at the Panjang port causes high levels of ship queues. The solution to overcome this problem is to build a new port. However, this new port construction project has not yet conducted a feasibility study. The purpose of this study is to assess the feasibility of port development in the Panjang district of Bandar Lampung in terms of investment or financial aspects. The methods are Benefit-Cost Ratio, Net Present Value, Payback Period, and Internal Rate of Return. The results of the feasibility study of the most profitable investment are in the seventh scenario, the Net Present Value (NPV) of Rp. 463,292,122,605.34, the BCR result of 1.2959, the IRR yield of 12.11% and the Payback Period (PP) occur in the year to thirty-seventh with an economic age of 60 years. The conclusion is that the construction of a new port can be a solution to overcome the overload of Panjang port.


1970 ◽  
Vol 4 (1) ◽  
Author(s):  
Lina Sarasdevi Santosa ◽  
P. Alit Suthanaya ◽  
I B. Rai Adnyana

Abstract : Based on data from the Central Statistics Agency (BPS) of Bali in 2013, the population density in the Metropolitan area SARBAGITA (Denpasar-Badung-Gianyar-Tabanan) was 1.057 inhabitants/km2 with an area of 1.753,63 km2 and population was 1.853.017 inhabitants. Availability of facilities and adequate transportation infrastructure is needed, but in fact the performance of roads in the city center has declined. It is characterized by an increase in travel delay problem. Traffic delay problems in the City of Denpasar commonly occur on the stretch of Gatot Subroto street. To minimize the existing problems, Denpasar City Government plans to develop an underpass at the intersection of Gatot Subroto street and Ahmad Yani street. The aim of this study was to analyze the direct benefits of underpass for road users, to analyze the costs necessary to realize and operate the underpass, and to analyze the economic feasibility of the underpass development investment. Based on primary data and secondary data were obtained from government agencies, the method of analysis in this study used the technique of Net Present Value (NPV), Benefit Cost Ratio (BCR) and Internal Rate of Return (IRR). Economic analysis conducted in this study used three criteria (NPV, BCR and IRR) with three interest rates (12%, 15% and 18% per year) stating that the construction of an underpass was economically feasible. For example in the second scenario where the interest rate 15% gain on the analysis of value NPV, BCR and IRR respectively is Rp. 233.462.340.102,00; 1,948 and 30,81%. Suggestions can be submitted from this research is the need to contemplate the effect of changes in land use in areas close to the area around the underpass and needed further study that takes into account the needs of additional traffic lanes.


2011 ◽  
Vol 347-353 ◽  
pp. 241-245
Author(s):  
Mi Mi Gong ◽  
Xiang Rui Meng ◽  
Xin Ling Ma ◽  
Xin Li Wei

The economic feasibility of solar wall system was assessed with RETScreen software for 15 widespread locations in northern China heating region. Several different economic and financial indicators were calculated, such as the internal rate of return, net present value, simple payback and benefit-cost ratio. Results showed that the solar wall system was only profitable for four sites according to the current domestic price of solar wall plate and its absorptivity. When the price was reduced or the absorptivity under the condition of invariable price was improved, there were more sites profitable for this system. So, only when the price of energy increases 95% or the price of solar wall plate falls 50%, the solar wall system will be profitable for all sites in northern China heating region.


Author(s):  
V. Chandrasekar ◽  
P. Jeyanthi ◽  
Nikitha Gopal

Fish meal is an important feed ingredient produced from trash and low value fishes and is widely used in the poultry, aquafeed and agricultural sector. In addition to traditional sun dried product, modern fish meal is produced by modern fish meal plants. This paper presents a comparison of economic performance of fish meal units adopting the traditional and modern methods of fish meal production in Veraval, Gujarat. The study was conducted among 12 fish meal plants operating in Veraval. In the traditional method, the raw material is sourced from and nearby places within the state which is sun dried and then ground to produce fish meal. In modern fish meal units, through a mechanised production line, raw fish is steam-cooked, dried and finally ground to produce fish meal. Quality of the fish meal produced in the modernised units was found to be superior as compared to traditional fish meal. While sun dried fish meal fetches `20-30 kg-1, the fish meal produced in modern units is sold at `50-70 kg-1. Even though the initial investment and operational cost, which includes raw material, labour and other overheads is more in the modern method, the price realisation is almost double per unit of the product and the quality of the fish meal is also better than the traditionally produced one. The benefit cost ratio and net present value for modern method was also estimated to be higher.


2020 ◽  
Vol 19 (1) ◽  
pp. 30-38
Author(s):  
Syifa Mauladani ◽  
Asri Ifani Rahmawati ◽  
Muhammad Fahrurrozi Absirin ◽  
Rizki Nugraha Saputra ◽  
Aprian Fajar Pratama ◽  
...  

This study aimed to evaluate the economic feasibility of Litopenaeus vannamei shrimp reared at 400 shrimp/m2 in 56 days of culture. The experimental design was set in an 800 m2 HDPE pond installed with nanobubble and non-nanobubble. Shrimp survival and total harvest in nanobubble treatment was increased to 92% and 2,255 kg, respectively. Economic parameters calculated in this study were Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period (PP), Break Even Point (BEP), Benefit Cost Ratio (B/C Ratio), and Sensitivity Analysis (SA). The total investment required to run this farming practice is IDR 182,887,700. Total revenue per cycle is estimated at IDR 157,850,000 with the selling price of IDR 70,000/kg of shrimp. The estimated PP is 4 cycles, with an NPV of IDR 172,329,247 projected in 10 cycles. IRR is estimated at 18% and BEP is reached after 7,058 kg production of shrimp. B/C Ratio is estimated to be 1.26 and SA showed that productivity is the most affecting parameters in the present analysis. Based on the economic study, vannamei shrimp farming associated with nanobubble system is feasible to be realized.


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