Risk Management Based on NPV-at-Risk: A Case Study in Floating Solar Power Plant Project

There are some unpredicted factors in floating solar power plants that can affect the investment return value. This research aimed to develop an NPV-at-risk based risk management analysis on the floating solar power plant. This research proposed six-staged solutions: communication and consultation,...

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Bibliographic Details
Main Authors: Octa Untoro, Fakhrina Fahma, Wahyudi Sutopo
Format: Article
Language:English
Published: Jurusan Teknik Industri, Fakultas Teknik Universitas Muhammadiyah Malang 2021-08-01
Series:Jurnal Teknik Industri
Subjects:
Online Access:https://ejournal.umm.ac.id/index.php/industri/article/view/17107
Description
Summary:There are some unpredicted factors in floating solar power plants that can affect the investment return value. This research aimed to develop an NPV-at-risk based risk management analysis on the floating solar power plant. This research proposed six-staged solutions: communication and consultation, context assignment, risk identification, risk analysis, risk evaluation, and risk mitigation. This study took place in a floating solar power plant in Indonesia. This research showed that some unpredicted risks, such as irradiation, operation and maintenance costs, inflation, and interest rate, could contribute to the investment return. This procedural proposal could be applied in the management of the income realization based on the income projection.
ISSN:1978-1431
2527-4112