In India to meet the growing demand for electricity and the shortage of resources, opened way for the private sector participation in power generation in the year 1991. Subsequently, globalization has brought seeping changes with mixed results across the globe. Further the electricity act 2003 was given asset by the president of India on 26th may 2003 and came in to force on 10th June, 2003 repealing the earlier Indian electricity act 1910, Electricity (supply) Act, 1948 and Electricity, Regulatory, Commissions Act, 1998. The law consolidate the laws relating to generation, transmission, distribution, trading and use of electricity. It aims at creative measures conductive for the development of electricity industry promoting competition therein, protecting interest of consumers and supply of power to all areas, ensuring transparent policies regarding subsides, protection of efficient and environmental benign policies. The bill facilitated the freedom to the private sector to generate power necessary for industries. As per the provisions of the new electricity act the central government shall from time prepare the national electricity policy and tariff policy in consultation with the State Government and the authorities.
[...] ORGANIZATION CHART OF APGENCO CHAPTER-II RESEARCH METHODOLOGY: NEED FOR THE STUDY: The major purpose of the study is to analyses the financial performance of a firm using ratio analysis as a tool. To study the ability of a firm in making use of its resources in the best way that represents the feature of a firm. Analysis of a financial performance is a process of identifying financial strengths and weakness of the firm. OBJECTIVES OF THE STUDY: Primary: To identify the firm strengths and weakness. [...]
[...] Fax : PERFORMANCE OF APGENCO POWER PLANTS: - During 2005-06 performance of thermal power stations has been very good as they contributed MW against MW generated during 2004-05. APGENCO'S Coal based thermal stations achieved an overall plant load factor (PLF) of 86% the highest in the country for a utility, against a national average of PLC of Amongst APGENCO Stations, Rayalaseema, Thermal, Power Station achieved the highest PLF of and stood first in the county. The Kothgudem thermal power stations state V achieved a PLF of and stood third in the country for year 2003 04. [...]
[...] This kind of comparison is known as cross sectional analysis this kind of comparison indicates the relative financial position and performance of the firm. A firm can easily compare, as it is not difficult to get the relevant financial statement of the similar firm. Industry Analysis: - To determine the financial condition and performance of the firm its ratios may be compared with average ratio of the industry which the firm is a member. This sort of analysis is known as the industry analysis. [...]
[...] The study undertaken at APGENCO in RTPP, Kalamalla aims at studying the financial position of the APGENCO for expansion. REFORMS IN STATE ELECTRICITY BOARD The Reforms process turned active only in the 1996 with the adopted of the “common minimum nation action plan for power” at the chief minister's conference. This action plan which laid the foundation for reforms in State Electricity Boards (SEB'S) has the following salient features. Formulation of a national energy policy. Setting up on central and state electricity regulatory commissions. [...]
[...] 2.Cost Estimates: The total cost of the project was estimated at Rs crores based on 1987 price and now revised to 840 crores and it is financial partly by Asian Development Bank, Manila and partly by power finance corporation New Delhi and self finance Essential Inputs to Projects: a. Land: An extent of 2621.587 acres of Govt Land has been acquired for the main plant colony ash pond and marshalling yard acres. In addition to that 52.59 acres of patta land was also acquired. [...]
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