M.E. Power Systems & Electric Drives:Organization & Finance in Power Sector

Semester-I

Research Methodology
Computer Application to Power System Analysis
Advanced Power Electronics
Power System Dynamics & Stability
Industrial Drives & Automation


Semester II

Power Quality & FACTS Devices
Optimal Power System Operation
Intelligent Techniques & Applications


Semester III

Minor Project
Seminar
Thesis (Start)


Semester IV

Thesis (Continues)

Organization & Finance in Power Sector

Management and Its Goals: Organization and Management; The management process; Managerial skills and Managerial performance; Policy and Objectives of a Power Utility; The Goal of a Firm

Utility Financial Accounting: Balance Sheet, Income Statements & Cash Report; Depreciation; Interest charges during construction; Financial Statement Analysis

Investment Proposal: Interest and compounding; Measure of price - public versus private perspective; Economic evaluation of investment proposal; Internal Rate of return, Pay-Back Period

LeveliZed Costs of Generation: Generating system costs; Basic concept of cost levelization; Levelized bus bar cost

Electricity Tariffs: Traditional Approach; Long-run Marginal costs; General Principles of Tariff Construction; Objectives of tariff

Utility Organization: Functional structure; Divisional Structure; Matrix structure; Hybrid structure

Industry Status and Trends: Main concerns of electric utilities; Performance of electric utilities; Power Sector changes; Dynamic, spot and real time pricing; Regulatory aspects - towards deregulation; System Planning under Evolving Utility Structures

Computerized Management Game