eMasters in Power System Regulation,
Economics and Management

Core Modules

• Fundamentals of Economics, Accounting and Finance
  The module provides an overview of economics and data analysis fundamentals, providing a basis for understanding other modules in the program. In addition, it helps program participants understand the financial statements and introduces financial accounting challenges such as measuring and reporting issues related to assets and liabilities.
• Power Sector Reform and Regulation: Economic Principles and Evolution
  The module helps program participants understand the economic rationale for regulation, the regulatory and policy changes in the Indian power sector.
• Multi-year Tariff (MYT) Framework for Generation, Transmission and Distribution
  The module helps program participants understand how the tariff setting exercise is made more predictable using Multi-Year Tariff Framework.
• Power Sector Regulation: Emerging Issues and International Perspective
  The module helps program participants understand the international experience from power sector deregulation/reform. The module would be based on international literature on power sector reform and regulation.
• Power System Operation and Ancillary Services
  The module provides an overview of the key aspects of a power system covering generation, transmission, and distribution. It helps program participants identify ancillary services' roles and examine the cost drivers for ancillary services, regulation, and reserve products and understand the technological and operational aspects and their adoption in the Indian power sector.
• Competition and Power Market Development
  The module provides an overview of the status of the development of the Power Market in India. It is predominantly based on case discussions supplemented with lectures/class discussions on related concepts.
• Power Procurement: Principles and Practice
  The module provides an overview of the power procurement in the power sector.
• Renewable Energy Policy, Regulation and Market
  The module provides an overview of the Renewable Energy Policy, Regulation and Market.
• Designing Retail Electricity Tariff
  The module helps program participants gain in-depth knowledge to examine the existing Regulatory framework in Electricity Retail Tariff.
• Smart Grid Technologies and Implementation
  The module helps program participants understand the implementation and technologies involved to integrate and optimize distributed energy resources to achieve a more efficient and reliable grid. This module will include case discussions supplemented with lectures/class discussions on related concepts.
• Project 1
  The program participants would work under the supervision of an identified mentor. A suitable topic relevant for the program would be identified based on the mutual consultation by the participant with the program coordinator/instructor. A report template and timeline for the project would be provided at the time of registration. The identified project would be covered in two modules. The project will be evaluated by the committee based on the relevance of the problem statement, the methodological approach, the outcome, the literature review and the quality of the manuscript, including language, formatting, etc.
• Project 2
  The program participants would work under the supervision of an identified mentor. A suitable topic relevant for the program would be identified based on the mutual consultation by the participant with the program coordinator/instructor. A report template and timeline for the project would be provided at the time of registration. The identified project would be covered in two modules. The project will be evaluated by the committee based on the relevance of the problem statement, the methodological approach, the outcome, the literature review and the quality of the manuscript, including language, formatting, etc.