UNIVERSITY OF PUNE [4364-109] B.E.(Electrical) Examination 2013 Restructuring & Deregulation (2003 pattern) Time-Three hours [Total No.

of Question=12] Instructions: (1)Answer any three questions from each section. (2)Answer to the TWO sections should be written in separate answer books (3)Neat diagrams must be drawn whenever necessary. (4)Figures to the right indicate full marks. (5)Use of steam tables is allowed. Maximum Marks-100 [Total no. of printed pages= 3]

SECTION-I Q.1 (a)Discuss functions and roles of following institutions in Indian Power Sector. (i)Central Electricity Authority(CEA) (ii)Power Grid Corporation of India Ltd.(PGCIL) (iii)Ministry of Power (iv)Planning commissions. OR Q.2 (a)Discuss the salient features of Electricity Act.2003. (b)discuss in detail National Electricity Policy and National Tariff Policy.
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(16)

(8) (8)

Q.3

(a)Explain the important factors to be considered while designing a tariff for electricity pricing. (b)Explain the regulatory process at state and rational level in India. OR (8) (8)

Q.4

(a)Explain with numerical example,Internal Rate of Return (IRR)method for calculating economic investment option. (8) (b)Explain with numerical example,Net present value (NPV) of the project. (8)

Q.5

(a)Explain non-price issues important in regulation of power sector. (b)State and explain the procedure of setting tariff under restructured power sector. OR

(9) (9)

Q.6

(a)Explain performance indices at generation ,Transmission and Distribution level. (b)Explain following concepts. (i)Subsity and cross-subsidy (ii)Tariff based on penalties and incentives (iii)Fixed and variable cost SECTION-II (9) (9)

Q.7

(a)Explain the various models based on energy trading briefly. (b)Compare the models. (i)Wholesale compition (ii)Retail compition OR

(8) (8)

Q.8

(a)Explain pool model and bilateral dispatch. (b)Write a note on California Energy Crisis.

(8) (8)

Q.9

(a)Explain the peculiarity of electricity as a commodity. (b)Describe. (i)integrated trading model (ii)Decentralized trading model OR

(8) (8)

Q.10 (a)Explain the impact of market reform on regulation & Externalities. (b)Write a short note on metering and accounting issues. Q.11 (a)Comment on transmission rights and pricing. (b)Explain the various transmission pricing methods briefly. OR Q.12 Write a short note on. (a)Congestion issues and management (b)Availability based tariff.(ABT).

(8) (8) (8) (10) (18)