eMasters in Power System Regulation,
Economics and Management

Prepare Yourself for The Changing Face of India's Power Sector

  • From the Department of Industrial and Management Engineering (IME), Department of Electrical Engineering (EE), and Department of Economic Sciences, IIT Kanpur
  • World-class faculty and
    researchers from IIT Kanpur
  • Flexible executive-friendly with an
    option to complete between 1 - 3 years
  • IIT Kanpur
    Alumni Benefits

Apply before October 26, 2021

Apply Now

IITK

eMasters Highlights

  • Direct Selection Based on the academic and professional background. GATE score not required.
  • High Impact Format Weekend-only Live interactive sessions coupled with self-paced learning.
  • Executive Friendly Schedule Learn while you earn, with a flexibility to complete the program between 1 to 3 years.
  • Credits Transfer Waiver of upto 60 credits for higher education (MTech/PhD) at IIT Kanpur.
  • Career Advancement and Networking Access to IIT Kanpur placement cell, incubation cell and alumni network.
  • IIT Kanpur Alumni Status Become an IIT Kanpur alumni with access to all the alumni privileges.

Admission Process
Apply before October 26, 2021

  • Application
    Register with Mobile Number
    Submit Details
    Remit Application Fee
    Upload Documents
  • Selection
    Application Review
    Selection Test
    Interview
  • Admission

About eMasters in Power System Regulation, Economics and Management

The program aims to provide a conceptual understanding of power sector regulation from an engineering, economic and regulatory perspective. It presents a detailed perspective of the power sector, with regulations building on fundamental economic principles. It focuses on developing insights into the development of electricity markets in India and discussing the challenges and way ahead. Further, the regulatory process in the power sector is explored using the prevailing and national and international best practices. The content explains the regulatory process considering the applicable engineering, economic, legal, and environmental viewpoints. The modules will also have a lecture by leading industry experts to help participants understand the power sector’s challenges.

Faculty

Learn from the experts working at the forefront of cutting-edge research in the Power System Regulation, Economics and Management.

  • Anoop Singh
    Ph.D., Indira Gandhi Institute of Development Research, Mumbai

    Power /Energy Sector Regulation, Policy and Finance, Renewable Energy Policy and Regulation, Energy Pricing, Tariff Design, Energy Access, etc.
  • Devlina Chatterjee
    Ph.D., Management Studies, IISc Bangalore
    MS, Agricultural Economics and MS, Agricultural Engineering, Penn State University


    Applied Econometrics, Rural Economics, Empirical Finance, Commodity Markets, Consumer Behavior
  • Suman Saurabh
    Ph.D., IIM Ahmedabad
    Master of Business Economics, University of Delhi


    Corporate Finance, Payout Policy, Investments, and Derivative Pricing
  • Ankush Sharma
    Ph.D., IIT Kanpur
    M.Tech., IIT Kanpur


    Power Systems, Smart Grid Technology, State Estimation, IT Application into Power Systems, Smart City, Multi-Agent Systems, etc.
  • S. C. Srivastava
    Ph.D. , Electrical Engineering, Indian Institute of Technology, Delhi

    Power System Dynamics and Stability studies, Optimal Power Dispatch and State Estimation, Security Analysis and Control, Smart Grid, etc.
  • Sri Niwas Singh
    Ph.D.,IIT Kanpur
    M.Tech., Electrical Engineering, IIT Kanpur


    Power System Restructuring, Power System Optimization and Control, Security Analysis, Wind Power, etc.
  • Saikat Chakrabarti
    Ph.D., Electrical Engineering, Memorial University of Newfoundland, Canada

    State Estimation of Transmission and Distribution systems, Stability and Control of Power Systems with Penetration of Renewable Energy, Operation and Control of Microgrids, etc.
  • Abheejeet Mohapatra
    Ph.D., EE, IIT Delhi
    M.Tech., Power Systems, IIT Delhi


    Power System Security, Uncertainty Modelling, Stochastic Analysis and Optimization, Robust and Efficient System Operation and Planning, etc.
  • Deep Mukherjee
    Ph.D., Agricultural & Resource Economics, University of Connecticut
    M.S., Agricultural & Resource Economics, University of Connecticut


    Efficiency and Productivity Analysis, Cost Benefit Analysis, Impact Evaluation, Climate Change and Energy Policy

Curriculum

A well-researched real-world curriculum by IIT Kanpur’s subject matter experts that fosters hands-on learning and helps you master the desired capabilities by combining deep formal rigor and an intense practical approach.

Modules

eMasters in Power System Regulation, Economics and Management has 12 core modules in total.


  • Fundamentals of Economics, Accounting and Finance
  • Power Sector Reform and Regulation: Economic Principles and Evolution
  • Multi-year Tariff (MYT) Framework for Generation, Transmission and Distribution
  • Power Sector Regulation: Emerging Issues and International Perspective
  • Power System Operation and Ancillary Services
  • Competition and Power Market Development
  • Power Procurement: Principles and Practice
  • Renewable Energy Policy, Regulation and Market
  • Designing Retail Electricity Tariff
  • Smart Grid Technologies and Implementation
  • Project 1
  • Project 2

Immersive Learning Format

  • Live Interactive Sessions
  • Examination
  • Campus Visit
  • Weekly access to self-paced content including recorded videos and reading material
  • Weekend-only live interactive sessions by faculty and TAs
  • Interaction and networking with Experienced Professionals
  • Final module-level exams to be conducted across major cities in India
  • IIT Kanpur campus visit (optional) to meet faculty and experience the campus

Outcomes

  • Get eMasters Degree from IIT Kanpur
  • Gain an in-depth understanding of the power sector regulations
  • Learn from the leading research faculty
  • Receive mentorship, career support from IIT Kanpur placement cell
  • Incubation support for promising startup initiatives
  • Become a part of IIT Kanpur's alumni network

Eligibility

  • Bachelor's Degree (4 years program) or a Masters Degree in the relevant discipline (Engineering/Economics/Law/Commerce/Management/CA/ICWA, etc) with at least 60% marks or 6/10 CPI.
  • Minimum of 2 years of work experience (You need not be currently employed to be eligible).
  • Candidates with relevant experience will be preferred.

Program Fee

Details Payment Schedule Amount
Program Registration Fee
To Block Your Seat
Within 1 Week of Selection ₹40,000
Program Registration Fee
To Complete Your Registration
Latest by Nov 21, 2021 ₹1,60,000
Quarter Registration Fee
For 1st Quarter
Latest by Nov 21, 2021 ₹15,000 Per Quarter
Module Fee
For 1st Quarter Modules
Latest by Nov 21, 2021 ₹45,000 Per Module

Exclusive ₹2,00,000 Scholarship for January 2022 Batch: Adjust your Scholarship against the fee payable from the 4th Quarter.

Frequently Asked Questions

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.

Quarter 1

  • Fundamentals of economics, Accounting and Finance
  • Power Sector Reform and Regulation: Economic Principals and evolution
  • Power System Operation and ancillary services

Quarter 2

  • Multi-year tariff (MYT) Framework for generation, transmission and distribution
  • Competition and power market development
  • Renewable energy Development Policy, Regulation and Market

Quarter 3

  • Designing retail Electricity Tariff
  • Power Procurement: Principles and Practice
  • Project

Quarter 4

  • Power Sector Regulation: Emerging Issues and International Perspective
  • Smart grid Technologies and Implementation
  • Project (contd)

About IIT Kanpur

Established in 1959 by the Government of India, Indian Institute of Technology Kanpur (IIT Kanpur) is a globally acclaimed university for world-class education and research in science, engineering, management and humanities. We aim to provide leadership in technological innovation for the growth of India.

  • Ranked among top engineering colleges by NIRF 2021
  • Built on world-class academic research culture
  • Offers various undergraduate, post-graduate, integrated, and research programs in the field of engineering, science, management, and design

State-of-the-Art Digital Learning Platform

The eMasters Program by IIT Kanpur will be delivered on iPearl.ai, a State-of-the-Art digital learning platform, powered by TalentSprint. iPearl.ai, highly rated for its user experience, is a direct-to-device platform that works seamlessly on any internet-connected device and provides a single-sign on experience for all your learning needs including recorded videos, reading material, live interactive sessions, assignments, quizzes, discussion forums, virtual lounges and more.