Manuscript received on December 12, 2019. | Revised Manuscript received on December 24, 2019. | Manuscript published on January 10, 2020. | PP: 939-946 | Volume-9 Issue-3, January 2020. | Retrieval Number: C7994019320/2020©BEIESP | DOI: 10.35940/ijitee.C7994.019320
Open Access | Ethics and Policies | Cite | Mendeley
© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: From times immemorial it is a conversant rudimentary fact that the State Electricity Boards of India were cash strapped with no exception of bifurcated Andhra Pradesh. To avert from such precarious and deteriorating economic situations of widening gap between increasing trend of cost of supply of electricity and meagre power tariffs, the restructuring of Andhra Pradesh State Electricity Board became quite inevitable according to the Electricity Reform Act of 1998 to ensure its commercial viability and efficiency. To usher gainful insights regarding rapid emergence of competitive markets in Thermal Electric Energy Industry, this research paper computes power tariff in Generation segment for Rayalaseema Thermal Power Plant with installed capacity of 2×210 MW both during Pro-Privatization Period and during Privatization Period with strict adherence to Central Electricity Regulation Commission ` (CERC) Guidelines. The estimated price per Kilo Watt Hour of electricity generated during pro privatization and during privatization was Rs.1.29 Paise per Kilowatt Hour and Rs.2.55 Paise per Kilowatt Hour. These calculations were based on the price opinionated and discriminatory techniques of pricing policies in partially monopolistically structure of Thermal Electricity Generation Industry. It comprises of recuperation of twelve-monthly static concerns and fixed expenditures that constitutes Interest on Principal amount rented, downgrading of assets, maneuvering operations and conservation measures of overwhelming expenditures, (eliminating energy feedstock), chargeable rate on income figured , interest on operational wealth at standard norm of production of electrical energy or voltage , productivity and lucrativeness of electric business in relation with equivalence or parity and energy inconstant duties and charges including feedstock fee with recouping for each unit or kilowatt of electric energy multifarious delivered. Value added to this, further estimations were carried out for projected power tariff for the tenure period ranging from 2019-2020 to 2031-2032 using statistical time series trend analysis. During all these future years similar trend is likely to be exhibited with estimated power tariff at Rs. 1.95 Paise per Kilo Watt Hour.
Keywords: Power Tariff, Fixed and Variable Charges, Cost of Generation
Scope of the Article: Thermal Engineering