Sandeep Chawda

Ph. D. Scholar
Electrical Engineering Department
MNIT, Jaipur

Personal Information

Personality Traits
Fast and versatile learning capabilities.
Responsible hardworking and self-motivated.
Ability to work effectively in team as well as
individually.
Good interpersonal communication skills.
Hobbies include meditation and reading books.

Academic Background

B.E.
2006
Rajive Gandhi Technical University, Bhopal, M.P.
First Honors

M.E.
2010
Savitribai Phule Pune University, Pune
(Formerly University of Pune)
First
Second rank in University

Professional Experience &

Membership

Teaching Exp. 8 years (Approved by University of Pune)

Lecturer 3 years
Assistant Professor 5 years

Membership
ISTE Life Member
IANGE Hongkong and
UACEE.

Publication 2
International Journal 1 (IJCA)
Conference -1

Seminar/workshop Attended 5

Faculty development Program

Attended 3
Conducted 1

M.E. Thesis

Assessment & Hedging of Risk under

Indian Electricity Market
The

aim of project

To analyze the concept of price volatility

and its effect on risk.
To assess price risk while trading in
electricity market under Indian scenario.
To control it using Hedging method.
To develop Artificial Neural Network
(ANN) model for estimation of electricity
prices under Indian scenario for
controlling risk using hedging method.

Price Volatility in Indian Power

Market
Price Volatility for 24 hours (December 2009 March 2010)

*Source: Indian Energy Exchange, Delhi

Summary Flow Chart

Collection of Data

(MCV & MCP)

From IEX & PXIL

Analysis of Data

Controlling Risk
(Using Hedging Method)

Estimation of Price

Evaluation of Risk
(using Historical Method)

Value at Risk (VaR)

AI Technique

Conditional VaR (CVaR)

Controlling Risk
(Using Hedging Method)

*MCP Market Clearing Price

*MCV Market Clearing Volume
*IEX Indian Energy Exchange
*PXIL Power Exchange India Ltd.
*AI Artificial Intelligence
7 7

Software tool
MATLAB
PSIM

Research Interests
Electricity Market Price Risk
Electricity regulations
Renewable energies

Research Topic
Impact on Electricity Prices & Market due to
Trading of big consumer/company.
Risk imposed on small consumer/company/
retailer due to large trading of big
consumer/ company

Thank You