STUDI KELAYAKAN PEMINDAHTANGANAN ASET MESIN PRODUKSI PANEL SURYA

• Main Author: Imtiyaz Yunan, Dhiyat
• Format: Final Project
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/83036
• Institution: Institut Teknologi Bandung

This study evaluates the financial feasibility of transferring solar panel production machine assets from PT LI to PT SEI, as part of PT LI's restructuring after forming the DEFEND ID SOE holding. Two main scenarios were analyzed: scenario I considering the asset transfer in its current condition (as is), and scenario II considering the transfer by replacing the production machinery with the latest technology. The research methodology included interviews with management and technicians, and direct observation of the production process. Financial feasibility analysis was conducted by calculating Net Present Value (NPV), Payback Period (PP), Discounted Payback Period (DPP), Benefit-Cost Ratio (BCR), and Modified Internal Rate of Return (MIRR). The results of scenario research I, obtained NPV of Rp 2,762,611,238, PP 2.26 years, DPP 2.42 years, BCR 1.27, and MIRR 24.32%. Meanwhile, scenario II shows more favourable results with NPV of IDR 16,308,004,433, PP 2.13 years, DPP 2.25 years, BCR 2.16, and MIRR 36.76%. Monte Carlo simulation shows that the probability of project success in scenario II is 62.2%, higher than in scenario I. This study concludes that the transfer of production machinery assets is more profitable if accompanied by the replacement of more modern production machinery (scenario II). The main recommendation for PT SEI is to choose scenario II to accelerate return on investment and develop a wider market, as well as conduct continuous product and market analysis to minimize risks and maximize profits.