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A STUDY OF FINANCIAL FEASIBILITY OF MOANAMANI MICROHYDRO POWER PLANT (PLTMH) (A CASE STUDY IN EKEMANIDA VILLAGE, MOANAMI DISTRICT, DOGIYAI REGENCY) Widyastuti, Ira; R. L, Paseru; Dualembang, Hery; P. Kombong, Eka; Sanggamele, Herlina
JURNAL TEKNIK SIPIL CENDEKIA (JTSC) Vol 7 No 1 (2026): Februari
Publisher : Departement of Civil Engineering, Universitas Winaya Mukti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.51988/jtsc.v7i1.415

Abstract

Micro Hydro Power Plants (PLTMH) with a capacity of <1MW are an alternative energy source to replace fossil fuels in remote areas, one of which is the PLTMH in Moanamani Distric, Papua Province, Indonesia, managed by PT. PLN (Ltd). Due to a construction collapse at the dam, the Moanamani Micro Hydro Power Plant is now sustaining damage that is harming other supporting facilities. Given the tight budget in the area, particularly in Dogiyai Regency, the goal of this study is to secure a capital finance and loan plan that can then be discussed by the pertinent stakeholders. This study analyzed the potentials of renewable energy and economic finance of the PLTMH, measuring the Net Present Value (NPV), Internal Rate of Return (IRR), Benefit Cost Ratio (BCR), Pay Back Period (PBP), and Break Event Point (BEP). The results showed that the debit of Tuka River could generate at least 65.50 kW of power and an annual energy of 50,546 kWh. The investment value of PLTMH at Moanamani Village was IDR 6,600,000,000, and the Cost of Goods Sold was IDR 336,384/kWh. Based on the economic calculation, the NPV of PLN Ltd was IDR 6,300,000,000, the NPV of the community was IDR 1,987,056,834, the IRR was -1,79%, the BCR was 0.32, the PBP was ± 20 years, and the BEP was ± 50 years. The development project of PLTMH with a funding scheme of 30% equity and 70% loan showed that the project was not financially feasible.
Examining the Effects of Soft Skills Training and Academic Learning on Communication Skills Development: The Role of Self-Confidence Widyastuti, Ira; Rusnaini, Sasmita; Esdhona, Ha
Pinisi Journal of Entrepreneurship Review Vol. 3 No. 2 (2025): Pinisi Journal of Entrepreneurship Review
Publisher : Universitas Negeri Makassar

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Abstract

Entrepreneurship has become an important pathway for addressing graduate unemployment while fostering innovation, job creation, and economic resilience. This study examines the direct and indirect effects of family support, entrepreneurial experience, and risk-taking propensity on entrepreneurial success, with motivation serving as a mediating variable. A quantitative explanatory approach was employed using survey data collected from 97 respondents selected through proportional random sampling. The analysis focuses on understanding how personal, experiential, and social factors contribute to entrepreneurial success both directly and through motivational mechanisms. The findings indicate that family support, entrepreneurial experience, and risk-taking propensity have significant positive effects on entrepreneurial success, both independently and indirectly through motivation. The results further suggest that motivation functions as an important psychological driver that strengthens the contribution of family encouragement, prior entrepreneurial exposure, and willingness to take risks to business success. These findings imply that entrepreneurial success is not shaped solely by technical capability or prior experience, but also by the presence of supportive social environments and strong internal motivation. This study highlights the importance of integrating entrepreneurial development programs with efforts to strengthen motivation, practical experience, and supportive ecosystems. The findings provide practical implications for higher education institutions and entrepreneurship development programs in designing interventions that better prepare emerging entrepreneurs for sustainable business achievement.