Abstract:
Power utilities in India are primarily involved in the distribution of electricity
across the concerned area. There are a number of public and private
organizations involved in it. There are many companies emerging strong in
Power Utility sector. But off lately the performance of the companies in this
sector has not been up to the standards as it was expected. If we compare the
performance of Power Utility sector in India from the period of 2009-2012, we
will find that overall the sector is not flourishing in terms of financial stability.
Therefore it emerges a need to study the ways in which these financial losses
can be minimized.
The primary objective of this study is to identify interrelationships between
factors affecting power utilities distribution system and develop potential
solutions to help distribution companies to overcome financial losses.
Although there are large number of distribution systems existing in India, but
still current reforms in India are not viable enough to fill the gaps between the
required and available capacity. It is a need of an hour to have a utility model
to ensure viable business entity with least financial burden on Government and
effective distribution of power. The study aims to create awareness of the
problem faced by Distribution power utility in the current scenario and
formulate strategies & policies to regulate the supply and simultaneously
control the cost of power function. The prime objective of this study is to
recommend strategies to improve the Business Sustenance of Power Utility in
India.