| dc.description.abstract | Blora Regency is known as a drought-prone area due to its karst
landscape, which results in limited water availability, especially for
agricultural purposes. To mitigate this issue, the Juruk Reservoir has
been planned as a rainwater storage facility to support irrigation during
the dry season. This study evaluates the economic feasibility of the Juruk
Reservoir project using four financial assessment methods: Net Present
Value (NPV), Internal Rate of Return (IRR), Benefit-Cost Ratio (BCR),
and Payback Period (PP). The findings indicate that the project is
economically viable. The NPV values are Rp 42,451,774.96 before
construction and Rp 60,872,499.84 after construction, signifying positive
financial benefits. The IRR for the post-construction scenario is 32.84%,
exceeding the Minimum Attractive Rate of Return (MARR) of 6%, while
the IRR for the pre-construction scenario is undefined due to an absence
of cash inflows. The BCR for the post-construction scenario is 2.10,
indicating that benefits significantly outweigh costs. Additionally, the PP
is approximately 2.5 years, much shorter than the planned 20-year
service life of the reservoir.With proper maintenance, the reservoir's
functionality can extend beyond 20 years, ensuring continuous water
availability for agriculture and mitigating drought impacts. The study
concludes that the Juruk Reservoir is an economically feasible
investment, offering significant long-term benefits for sustainable water
resource management in Blora and other similar regions. | en_US |
