JER
Vol. 7 No. 2 (2024): September - February

Financing Strategy for On-Grid Solar PV in Cement & Construction Industry: PT CBS Indonesia Case

Sofyan , Dinda Saphira Nabila (Unknown)
Siahaan , Uke Marius (Unknown)
Rahadi , Raden Aswin (Unknown)



Article Info

Publish Date
07 Feb 2025

Abstract

In Indonesia, the cement industry plays an important for the development of infrastructure, as this industry keeps expanding along with infrastructure development projects and urban areas. This study analyzes the financing strategy for on-grid solar PV installation with a case study of PT Cibinong Bangun Sarana by using financial feasibility analysis, sensitivity analysis, capital budgeting, and US Index. The results show that an international bank loan with a debt-to-equity ratio of 40%:60% is the most optimal financing strategy. This study provides strategic insights for cement companies in implementing sustainable energy solutions, reducing electricity costs, and improving operational efficiency.

Copyrights © 2024






Journal Info
JER

Abbrev

JER

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Economic Resource_(JER) is open access. This journal is published in _ March & September. Journal of Economic Resources|e-ISSN 2620-6196] is a peer-reviewed journal published twice a year (March & September) by the Faculty of Economics and Business, Universitas Muslim Indonesia_UMI. Journal ...