Executive-Friendly Program | High Impact Format | On popular demand, Application Deadline extended to Nov 12, 2022

eMasters in Power Sector 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

On popular demand, Application Deadline extended to Nov 12, 2022

Apply Now

IITK

eMasters Highlights

  • Executive Friendly Schedule Learn while you earn, with a flexibility to complete the program between 1 to 3 years.
  • IIT Kanpur Alumni Status Become an IIT Kanpur alumni with access to all the alumni privileges.
  • 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.
  • High Impact Format Weekend-only Live interactive sessions coupled with self-paced learning.
  • GATE score not requiredSelection will be based on the academic and professional background.

Admission Process

On popular demand, Application Deadline extended to Nov 12, 2022

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

Class Start - Jan 9, 2023

* Selection test differs for every programme

About eMasters in Power Sector 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.

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

Faculty

Learn from the experts working at the forefront of cutting-edge research in the Power Sector 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 Sector 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
  • Power System Operation and Ancillary Services
  • Power Sector Regulation in Practice: MYT Framework for Generation, Transmission & Distribution
  • Competition and Power Market Development
  • Smart Grid Technologies and Implementation
  • Power Procurement: Principles and Practice
  • Renewable Energy Policy, Regulation and Market
  • Regulatory Capstone Project – I
  • Regulatory Capstone Project – II
  • Designing Retail Electricity Tariff
  • Power Sector Regulation: Legal aspects, Emerging Issues and International Perspectives

Immersive Learning Format

  • Hybrid Classes
  • Examination
  • Campus Visit
  • Weekly access to self-paced content including recorded videos and reading material
  • Weekend-only live interactive sessions by Faculty and TAs (Teaching Assistants)
  • 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

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
Application Fee During Application Submission ₹1,500
Program Registration Fee
To Block Your Seat
Within 1 Week of Selection ₹40,000
Admission Fee
To Complete Your Registration
As per the Selection Letter ₹1,60,000
Quarter Registration Fee
For 1st Quarter
As per the Selection Letter ₹15,000 Per Quarter
Module Fee
For 1st Quarter Modules
As per the Selection Letter ₹45,000 Per Module

Why do participants choose the eMasters degree?

  • "It was a rewarding experience with IITK eMasters. I could not only enhance my knowledge and skills but also seek guidance from industry pioneers. In addition, it was also exciting to be part of a knowledge exchange with diverse professionals."
    Vikas Gupta
    Superintending Engineer (IT, SCADA, ERP), Uttarakhand Power Corporation Limited
  • "IITK eMasters bridges the gap between industry knowledge and new technological developments/policy requirements. The hands-on learning format and expert faculty mentorship helped enhance my profile holistically."
    Blissinth Vino John
    Assistant Manager, Maruti Suzuki India Limited
  • "This is a must-attend program for power sector professionals if they want to stay ahead of dynamism in the power sector. Another advantage is that professionals can keep learning alongside their work."
    Anil Kr Dhiman
    Superintending Engineer, Dehradun, Uttarakhand
  • "The eMasters program at IIT Kanpur has opened multiple doors for professionals in the overall sectoral growth of participants like me. Thanks to the training and mentorship of IITK Faculty, I can now see the growth within at work."
    Radhey Shyam
    National Solar Mission (NSM) Division, Ministry of New & Renewable Energy, New Delhi
  • "As an advocate working in the power sector, I found this program is very beneficial for my future career prospects. It helps in strengthening your knowledge and capabilities."
    R.R.Panda
    Advocate: Delhi High Court, Supreme Court of India
  • "Building expertise alongside senior experienced professionals was the highlight of eMasters for me. The course kept me informed about the latest developments in the Power domain and I am confident that it will subsequently give a boost to my career advancement goals."
    Abhishek Garg
    Consultant, Nippon Koei India
  • "Learning from internationally renowned experts at eMasters is a lifetime opportunity and I am glad to have experienced it."
    Umesh Gupta
    Superintending Engineer, Jaipur Vidyut Vitran Nigam Ltd, Jaipur
  • "For a person from a technology background, pursuing eMasters was needed to understand the domain from regulatory aspects. The insightful discussions, doubt clearing sessions, and working on projects with fellow peers were the key highlights of this learning journey."
    Shashank Jewalikar
    Chief Engineer, Maharashtra State Electricity Transmission Co. Ltd, Mumbai
  • "The program is structured to cater to the needs of career advancement goals of professionals. I am glad to have enrolled for this program as it paves the way for power sector related professionals to explore different opportunities within the industry."
    Rishikesh Pantoji
    Engineer Technology Support, Bloomenergy India Pvt Ltd
  • I have realized my dream of studying in the IITK. I am content about my progress during the program as I confidently move ahead in my career."
    Salmaanbaig H
    Senior Engineer, ILFS TamilNadu Power Company Ltd.

Frequently Asked Questions

Program Module Details

  • 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.
  • 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.
  • Power Sector Regulation in Practice: MYT Framework for Generation, Transmission & Distribution
    The module helps program participants understand how the tariff setting exercise is made more predictable using Multi-Year Tariff Framework.
  • 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.
  • 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.
  • 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.
  • Regulatory Capstone Project – I
    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.
  • Regulatory Capstone Project – II
    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.
  • Designing Retail Electricity Tariff
    The module helps program participants gain in-depth knowledge to examine the existing Regulatory framework in Electricity Retail Tariff.
  • Power Sector Regulation: Legal aspects, Emerging Issues and International Perspectives
    The module helps program participants understand the international experience from power sector deregulation/reform. The module would be based on global power sector, regulatory policies and reforms.

Quarter 1

  • Fundamentals of Economics, Accounting and Finance
  • Power Sector Reform and Regulation: Economic Principles and Evolution
  • Power System Operation and Ancillary Services

Quarter 2

  • Power Sector Regulation in Practice: MYT Framework for Generation, Transmission & Distribution
  • Competition and Power Market Development
  • iSmart Grid Technologies and Implementation

Quarter 3

  • Power Procurement: Principles and Practice
  • Renewable Energy Policy, Regulation and Market
  • Regulatory Capstone Project – I

Quarter 4

  • Regulatory Capstone Project – II
  • Designing Retail Electricity Tariff
  • Power Sector Regulation: Legal aspects, Emerging Issues and International Perspectives
Quarter 1 Module Schedule
Module 1 Fundamentals of economics, Accounting and
Finance
Saturday (11:00 am -12:00 pm)
Module 2 Power Sector Reform and Regulation: Economic Principals and evolution Sunday (9:30 am - 10:30 am)
Module 3 Power System Operation and ancillary services Saturday (9:30 am - 10:30 am)

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.