| Regulatory Accounting and Finance |
| For Whom: Students interested in pursuing career with infrastructure consultancy firms, regulatory bodies, and power finance corporations. |
| Teaching Arrangement 3 Credit Course. 20 Sessions of 90 minutes each |
| PrerequisitesUnderstanding of utility reforms |
| Aim of the courseThe course will make an effort to critically examine the principles and methods of regulation with a focus on the power sector regulations. An in-depth understanding of pricing of power will be made during the course. |
Pre-requisite Go through the website of the following
· Ministry of Energy: http://powermin.nic.in/
· CERC: www.cerc.com/
· OERC: www.orierc.org/ |
| Evaluation PackageEvaluation will be done through: Term Papers, Preparing Case Studies, Attending Public Hearings of OERC; Organising Seminary; and End Term Examination |
Course Content
a) Competition and Regulation
b) Understanding Regulation
c) Understanding the power utilities
d) Understanding Utility Regulation
e) Types of regulation
o Cost Based Regulations
o Performance Based Regulations
o Price Based Regulations
f) Pricing of Power
o Generation Tariff
o Transmission Tariff
o Distribution Tariff
o Wheeling Charges
o Availability Based Tariff
g) Corporatisation, Privatization and Performance of Power Utilities
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