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2003 Course Restructuring & Deregulation (Elective I)

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Total No. of Questions : 12] P1437 [Total No. of Pages : 3 [3764]- 209 B.E (Electrical) Restructuring and Deregulation (2003 Course) (Elective - I) Time : 3 Hours] [Max. Marks : 100 Instructions to the candidates: 1) Answer any 3 questions from each section. 2) Answers to the two sections should be written in separate books. 3) Neat diagrams must be drawn wherever necessary. 4) Figures to the right indicate full marks. SECTION - I Q1) a) b) Q2) a) b) Q3) a) b) State and explain the functions of regulatory commission at Central and State level. [8] Explain the functions of Central Electricity Authority (CEA). [8] OR Explain functions of following entities. i) Planning Commission. ii) Ministry of power. iii) Financing institutes. [8] Explain main features of Electricity Act. 2003. [8] State the desirable characteristics of tariff. Also give factors governing the tariff structure. [8] Explain following terms: i) Capital cost. ii) Dept & equity. iii) Variable cost. iv) Working capital v) Depreciation. [8] P.T.O. Q4) a) b) OR Explain different performance indices for generation, transmission and distribution. [8] Explain along with example, merits and demerits any two methods to compare the investment options. [8] Q5) Write short note on: a) Rate of return regulation. b) Performance based regulation. c) Incentive regulation. d) Yardstick regulation. OR Q6) a) b) [18] Explain non-price issues in regulation such as environment, service quality, consumer service. [9] Give in detail the composition of regulatory commissions in India. Explain how public participation is important for decision making of regulatory processess. [9] SECTION - II Q7) a) b) Q8) a) b) Q9) a) b) Q10 a) b) [3764]-209 Explain wholesale competition model and retail competition model. [8] Explain California energy crisis after electricity reforms. [8] OR Explain the restructuring of power industry in U.K. and Latin America.[8] Explain following models in detail. i) Pool model. ii) Bilateral trade. [8] Explain regulatory frame work and working of Indian Energy Exchange [8] in India. State and explain various methods of transmission pricing. [8] OR Compare integrated model and wheeling trading model. [8] Specify pecularities of electricity as a commodity compare to other [8] commodities. 2 Q11)a) b) Q12)a) b) Explain Availability Based Tariff (ABT). Explain the role of ABT in maintaining the grid discipline. [9] Explain the importance of transmission pricing under open access. Explain the components which are important in transmission costs. [9] OR Explain the congestion issues & management. [9] Explain the working of ISO (Independant System Operator). [9] EEE [3764]-209 3

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