Power Sector Regulation, Economics and Managment

Department of Management Sciences, IIT Kanpur

About the Program

Power Sector Regulation, Economics and Managment – IIT Kanpur, Department of Department of Management Sciences offered by IIT Kanpur 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.

Enrolled Student

Graduate Student

Student Satisfaction

Modules

Curriculum Template

Credit System	Complete 12 modules	5 credits in each module	Total 60 credits
Program Duration	1 to 3 Years	12 weeks in each quarter	Maximum 3 modules in each quarter
Examination System	Min 2 quizes	Multiple Projects	Final Exam

Module dependency Chart Program Structure

Faculty & Instructors

Dr. Anoop Singh

Research Interest:
Power /Energy Sector Regulation, Policy and Finance, Renewable Energy Policy and Regulation, Energy Pricing, Tariff Design and Energy Access.

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Dr. Abheejeet Mohapatra

Research Interest:
Power System Security, Uncertainty Modelling, Stochastic Analysis and Optimization, Robust and Efficient System Operation and Planning.

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Dr. Ankush Sharma

Research Interest: Power Systems, Smart Grid Technology, State Estimation, IT Application into Power Systems, Smart City and Multi-Agent Systems.

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Dr. Deep Mukherjee

Research Interest: Efficiency and Productivity Analysis, Cost Benefit Analysis, Impact Evaluation, Climate Change and Energy Policy.

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Dr. Devlina Chatterjee

Research Interest: Managerial Economics, Applied Econometrics, Consumer Finance, Tourism economics, Resilience of Social Systems and Empirical Finance.

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Dr. Gururaj M.V

Research Interest: Renewable penetration challenges to the grid, Machine learning applications to power systems, Power Converters for EV and its interfacing challenges, Power Electronics Applications to Power Systems, Microgrid Control (Black out, Islanded Operation, EMS) and Stability.

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Dr. Rajeev Jindal

Research Interest: Climate Change and Sustainability.

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Dr. Mousami Prasad

Research Interest: Energy and Climate Change Economics, Energy Transition, Energy Policy and Industrial decarbonisation (Green Steel; Green Hydrogen).

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Dr. Prabodh Bajpai

Research Interest: Renewable Energy Systems, Power System Restructuring, Restructured Electricity Market, Power System Operation and Control & Analysis.

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Dr. Saikat Chakrabarti

Research Interest: State Estimation of Transmission and Distribution systems, Stability and Control of Power Systems with Penetration of Renewable Energy and Operation and Control of Microgrids.

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Dr. Shubhankar Mukherjee

Research Interest: Development Economics and Applied Microeconomics.

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Dr. Sri Niwas Singh

Research Interest: Power System Restructuring, Power System Optimization and Control, Security Analysis and Wind Power.

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Dr. S. C. Srivastava

Research Interest: Power System Dynamics and Stability studies, Optimal Power Dispatch and State Estimation, Security Analysis and Control and Smart Grid.

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Dr. Suman Saurabh

Research Interest: Corporate Finance, Asset Pricing, Behavioral Finance, Mergers and Acquisitions and Financial Derivatives.

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Guest Faculty

Core

MBA951

Fundamentals of Economics, Accounting and Finance

Prerequisite: None
Syllabus

Core

MBA952

Power Sector Reform and Regulation: Economic Principles and Evolution

Prerequisite: None
Syllabus

Core

MBA953

Power System Operation and Ancillary Services

Prerequisite: None
Syllabus

Core

MBA954

Power Sector Regulation in Practice: MYT Framework for Generation, Transmission and Distribution

Prerequisite: MBA951, MBA952
Syllabus

Core

MBA955

Competition and Power Market Development

Prerequisite: MBA951, MBA952
Syllabus

Core

MBA956

Smart Grid Technologies and Implementationt

Prerequisite: None
Syllabus

Core

MBA957

Power Procurement: Principles and Practice

Prerequisite: MBA951, MBA952, MBA953, MBA955
Syllabus

Core

MBA958

Renewable Energy Policy, Regulation and Market

Prerequisite: MBA951, MBA952, MBA954
Syllabus

Core Project

MBA959

Regulatory Capstone Project- I

Prerequisite: MBA951, MBA952 + Minimum 6 Module Completed
Syllabus

Core Project

MBA960

Regulatory Capstone Project- II

Prerequisite: MBA951, MBA952 + Minimum 6 Module Completed
Syllabus

Core

MBA961

Designing Retail Electricity Tariff

Prerequisite: MBA951, MBA952, MBA954
Syllabus

Core

MBA962

Power Sector Regulation: Legal Aspects, Emerging Issues and International Perspectives

Prerequisite: MBA952, MBA955
Syllabus

Core Project

MBA963

Project Financing for Energy and Infrastructure Sectors

Prerequisite: MBA951
Syllabus

Core

MBA951

Fundamentals of Economics, Accounting and Finance

Prerequisite: None
Syllabus

Core

MBA952

Power Sector Reform and Regulation: Economic Principles and Evolution

Prerequisite: None
Syllabus

Core

MBA953

Power System Operation and Ancillary Services

Prerequisite: None
Syllabus

Core

MBA954

Power Sector Regulation in Practice: MYT Framework for Generation, Transmission and Distribution

Prerequisite: MBA951, MBA952
Syllabus

Core

MBA955

Competition and Power Market Development

Prerequisite: MBA951, MBA952
Syllabus

Core

MBA956

Smart Grid Technologies and Implementationt

Prerequisite: None
Syllabus

Core

MBA957

Power Procurement: Principles and Practice

Prerequisite: MBA951, MBA952, MBA953, MBA955
Syllabus

Core

MBA958

Renewable Energy Policy, Regulation and Market

Prerequisite: MBA951, MBA952, MBA954
Syllabus

Core

MBA961

Designing Retail Electricity Tariff

Prerequisite: MBA951, MBA952, MBA954
Syllabus

Core

MBA962

Power Sector Regulation: Legal Aspects, Emerging Issues and International Perspectives

Prerequisite: MBA952, MBA955
Syllabus

Core Project

MBA959

Regulatory Capstone Project- I

Prerequisite: MBA951, MBA952 + Minimum 6 Module Completed
Syllabus

Core Project

MBA960

Regulatory Capstone Project- II

Prerequisite: MBA951, MBA952 + Minimum 6 Module Completed
Syllabus

Core Project

MBA963

Project Financing for Energy and Infrastructure Sectors

Prerequisite: MBA951
Syllabus

All You Need to Know

Eligibity Criteria

Fees

FAQ

Admission

Currently Closed