@inproceedings{3b73f5449e4145dcb2c50143615b5f02,
title = "ECONOMIC EVALUATION TECHNIQUES FOR SUSTAINABLE BIO COAL PRODUCTION",
abstract = "Investment appraisals techniques are critical for measuring the profitability of a new project in the manufacturing sector. These appraisals techniques include the internal rate of return (IRR), net present value (NPV), payback period and accounting rate of return (ARR). In this case study where the economic potential for establishing a new bio coal production was evaluated using the hydrothermal carbonization technique: At total capital investment of USD 7.6 million was required. A payback period of 4.6 years was projected with an IRR of 21.7% and a break-even value of USD 2.9 million. The economic assessment was for a target bio coal production of 69 tons/day and a selling price of USD 200/ton. A positive NPV of USD 2.1 million was realized. The results from the investment appraisals in this case study indicated that it is worthwhile to invest in bio coal production.",
keywords = "ARR, Bio coal plant investment, IRR, NPV, Payback period",
author = "M. Mugoronji and Manyuchi, {M. M.} and N. Sukdeo and W. Stinner",
note = "Publisher Copyright: Copyright {\textcopyright} 2021 by Naud{\'e} Scribante. Permission granted to IAMOT to publish and use.; 30th International Conference of the International Association for Management of Technology: MOT for the World of the Future, IAMOT 2021 ; Conference date: 19-09-2021 Through 23-09-2021",
year = "2021",
doi = "10.52202/060557-0050",
language = "English",
series = "Proceedings of the 30th International Conference of the International Association for Management of Technology, IAMOT 2021 - MOT for the World of the Future",
publisher = "University of Pretoria",
pages = "652--661",
booktitle = "Proceedings of the 30th International Conference of the International Association for Management of Technology, IAMOT 2021 - MOT for the World of the Future",
address = "South Africa",
}
