Operational and Financial Performance Optimization of Power Distribution Utilities in India

Kishore, L and Varun Kumar, SG (2018) Operational and Financial Performance Optimization of Power Distribution Utilities in India. International Journal of Pure and Applied Mathematics, 119 (15). pp. 1559-1556. ISSN 1314-3395

[img] PDF
Operational and financial performance- 2.pdf

Download (239kB)
Official URL: http://www.acadpubl.eu/hub/

Abstract

In the current scenario of exponentially increasing demand for energy, it has been a litmus-test for power utilities to operate and manage their power industries in an efficient and economical way. As pointed out by IEA (2015), the critical component which is vital for sustainable future is the distribution of power. Pargal & Banerjee (2014a) discussed the huge mounting losses in Power Distribution Utilities (PDUs) and estimated that the financial losses constituted about 17% of India‟s gross fiscal deficit and 1 percent of GDP. The motivation for this study stems from the current scenario of the inefficient operational performance of PDUs in addition to the poor financial status of power utilities (Meher and Sahu, 2016; PWC, 2016; IEA, 2015; and CRISIL, 2015; Khetrapal and Thakur, 2014). The power distribution sector has been one of the major concern for many years, primarily due to operational and financial problems (Yadav et al. 2013 and Jain et al. 2010, Jain and Thakur 2010, Saxena et al. 2010, Bajaj and Sharma 2006, Thakur et al. 2006). The state PDUs serve majority of the distribution of power in India, and therefore the financial and operational performance of PDUs is of paramount importance. This calls for an urgent need for performance optimization for sustainable distribution sector (Pangal and Banerjee, 2014).

Item Type: Article
Subjects: Departments at MU > Commerce
Depositing User: department of Commerce
Date Deposited: 27 Jun 2018 09:36
Last Modified: 27 Jun 2018 09:36
URI: http://eprints.manipal.edu/id/eprint/151380

Actions (login required)

View Item View Item