ASSIGNMENT

1. What are your expectations from MBA (Power Management) from NPTI?
In India NPTI is the only college which provides the MBA in Power Management. Every industrial sector whether its hardware or software and even if it provides services only needs power, but the present scenario in our country is that 69% percent of the total electricity is generated with the help of non renewable resources which will definitely not last long enough. So situation demands that the usage of these available resources and all the other parameters which are affecting the power scenario should be handled very carefully. Thus, evolved the field Power Management. This field is very promising in the future because personally I feel that the world will be needing more and more power managers as the time progresses. Presently I am a fresher, but as I was placed in the campus recruitment it can be considered that I am leaving a proposal to work with a MNC just to join NPTI for doing MBA in power management. Thus my expectation from NPTI is naturally going to be very high. From my side I am willing to give more than 100%, at the same time I expect that I will get proper guidance and support from NPTI so that my efforts and hard work will be in the right direction and will not go in vain. I am definitely very eager to start this final phase of my academics. Power sector is something which always enchants me from the beginning while I was yet in the school but never thought that I would be going in the field of power management. But now as I am going to be a power manager once I have completed my MBA from NPTI its sounds really amazing. My expectations from NPTI are very clear. First of all after the end of first semester I wish that I would b prepared enough for the companies which come for summer placements. Speaking as a professional at the end of 2years I want myself to be placed in reputed company as a consultant with a very good package. I am not a greedy student who just want to enjoy the whole time while he is in college and then when it comes to placement then he want a decent job with an handsome package. Rather I am willing to work hard and whatever it takes to be a good power manager. I expect the institute will carve me such that I will always be on the top of all the problems which come in my way. As a student I do not think that I am expecting too much from a institute which is called The Mecca of Power.

2. Explain how electricity growth plays an important role in overall GDP growth.
Under economic theory, GDP per capita exactly equals the gross domestic income (GDI) per capita. Electricity is a crucial ingredient for economic development. The GDP growth of a country definitely depends on the electricity growth of the country. In the present scenario electricity has became the synonym for energy and the countrys GDP is directly affected by the energy growth. The GDP of the country is directly proportional to the electricity growth, i.e. it rises with the growth in the electricity production and thus improves the living standard of the society.

3. Critically compare the power sector of India and China in terms of capacity addition and AT&C losses.
India Vs China Capacity Addition: The graph below points to the surge in capacity addition in power generation in China and its
success in construction of more efficient, less polluting coal power plants, by mastering the technology ("ultra-supercritical" technology which uses extremely hot steam to achieve efficiency of upto 44% in the conversion of energy in coal into electricity) and driving down the cost.

The contrast with India's laboured effort at capacity addition could not have been starker. Even as China adds 80,000-100,000 MW every year, India's five year capacity addition during the eighth, ninth and tenth Five Year Plans was 16420 MW (projected 30540 MW), 19015 MW (40250 MW), and 19010 MW (41110 MW) respectively. Even the Eleventh Plan (2007-12) target of 78,775 MW looks too steep and is not to be reached

India Vs China AT&C Losses: Indias transmission and distribution losses are among the highest in the world. When nontechnical losses such as energy theft are included in the total, losses go as high as 65% in some states and average about 35-40%. The financial loss has been estimated at 1.5% of the national GDP. To address the issue of Aggregate Transmission and Commercial (AT&C) losses funding mechanism in the form of the Accelerated Power Development Reforms Programme (APDRP) was promoted in 2003 whose objective is to bring down AT&C losses up to 15% which is over 35% in many of the states in India. But APDRP was a failure and thus Restructured APDRP (R-APDRP) was conceived in September 2008 for the 11th Five Year Plan (2007-12). AT&C losses in China in comparison with India is very less-only about 8%, this is because they have employed smart grid in their electricity distribution grid.

4. Briefly discuss the role of the following organizations in the growth of power sector in India: a. PFC
Power Finance Corporation (PFC) limited Set up by the Govt of India on Jul 16, 1986, as a dedicated Financial Institution for the Power Sector. Below is a figure showing the key objectives of PFC.

It is a profit making entity which is proving to be helpful in the growth of Indian power sector.

b. REC
The next two decades are going to be years of intense activity for financial institutions engaged in power sector disbursements. The recent Integrated Energy Policy enunciated by the Planning Commission has defined the energy needs, outlined the scope of future strategies and estimated requirements of funds needed to sustain a growth rate of 8% for the next 20 years. Power generation has to increase to 8,00,000 MW, from its current level of 1,60,000 MW. The perception that rural electrification is solely about village electrification is untrue. Rural Electrification Corporation (REC) is playing a much larger role. It has developed into a robust agency that provides technological and financial support to all the three sectors: generation, transmission and distribution. Without absolute involvement of REC in all these sectors tremendous growth would not be achievable. Since inception, this Corporation has funded many transmission and distribution schemes across the countrys districts and towns. Most of these schemes have been completed, closed or subsumed in larger schemes. Rural electrification has been a profitable, satisfying experience throughout.

c. NTPC
National Thermal Power Corporation (NTPC) Limited is the largest Indian state-owned electric utilities company based in New Delhi, India. It is an Indian public sector company listed on the Bombay Stock Exchange in which at present the Government of India holds 84.5%. With a current generating capacity of 39,174 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017. The total installed capacity of the company is 36,014 MW (including Joint Ventures) with 15 coal based and 7 gas based stations, NTPC has been operating its plants at high efficiency levels. Although the company has 19% of the total national capacity it contributes 29% of total power generation due to its focus on high efficiency.

d. NHPC e. PGCIL
5. Discuss SWOT Analysis of power sector of India. 6. Discuss recent policy initiatives to meet the unprecedented challenges of the growing requirement of the power sector in India. 7. What are the major hurdles affecting investments in the Indian power sector? 8. Discuss reasons for delay in power projects and feedstock issues for ongoing and completed projects in India. 9. Discuss the main features of Electricity Act 2003. 10. Briefly discuss the following schemes in power sector : a. RGGVY b. Jawaharlal Nehru National Solar Mission