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2003 Course Restructuring & Deregulation

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Total No. of Questions : 12] [Total No. of Pages : 3 P1258 [3864]-229 B.E. (Electrical) RESTRUCTURING & DEREGULATION (2003 Course) Time : 3 Hours] [Max. Marks : 100 Instructions to the candidates: 1) Answers to the two sections should be written in separate books. 2) Neat diagrams must be drawn wherever necessary. 3) Figures to the right indicate full marks. SECTION - I Q1) a) b) Explain main features of Electricity Act. 2003 Explain the functions of Central Electricity Authority (CEA). [8] [8] OR Q2) a) b) Q3) a) b) Discuss in detail National Electricity Policy and National Tariff Policy. [8] State and explain the functions of regulatory commission at central and state level. [8] Explain the tariff setting philosophy with reference to following basic principles. [8] i) Average cost of supply. ii) Embedded (Historical) cost of supply. iii) Long range marginal cost. Explain following terms : [8] i) Capital cost. ii) Dept. & equity. iii) Variable cost. iv) Working capital. v) Depreciation. P.T.O.

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