| Blue sky project has been identified as a project which targeted as air pollution control in Indonesia. Although the project has aimed to ensure clean air quality in the urban and industry zone areas. This project runs based on the government policy which refers to the Ministry of Enviromental decree with MenLH/Ka. Bapedal leter no B-722/BAPEDAL/04/00 Feasibility study has to be done to understand the project value which very crucial to the company prior to do the investment. Eventhough this project, in the earl;y stage, has not been targeted to get profit, its strongly recommended that study still has to be done. By having this study a better picture of the project investment prospect will be clearly understood. In the study, it supposed to predict the income and net cashflow which will be reveived also the costs that need to be paid. Refer to the prediction result, then, an economic analysis work has been calculated by using NPV, IRR, PI abnd pay back Period methods. Based on the result, it has been described that bluesky project still profitable to the company. After 2 years and by triggering with a big change of world oil prices, post audit work supposed to be done. Which the target has re-evaluate whether the project still feasible or something needs to be taken to keep manage the project still feasible or something needs to be taken to keep manage the project profitable. The postaudit work has been done using 2005 and 2006 data. The work has targeted to re-calculate the economic value of the project. Refer to the audit result it summed up that eventhough the value of feed and production costs has changed, the project still profitable. |