• ANANTANAGA H P

Abstract: Nothing moves without power and power does not move without finance. Hence, financial management has a vital role in the power sector. The power sector of India is plagued of several inherent bottlenecks like scarcity of energy resources, high T&D losses, dearth of huge funds, long gestation period, poor management, socio-economic and environmental issues etc. However, for the last two decades, there is an upward trend in urbanization, industrialization, IT boom and in agriculture sector in India. To cope up with this growth trend, the power sector of Karnataka has not been grown parallelly. Therefore, to remove such gaps and hurdles, the Electricity Act 2003 has opened up plethora of opportunities to investors. It is encouraging competition through various policies and government decisions. Hence, in order to support the economic growth in Karnataka, the power sector needs more investment in all segments of the system. Karnataka Power Corporation Limited (KPCL) is one of the state owned electric utilities which hold more than half of the total installed capacity of the State as of FY 2006-07 and supplying more than 70 percent of electricity to the consumers in the State. To assess the financial health and operational performance of the KPCL, a research study has been conducted for a period of five years (FY 2002-2007). The suggestions that were received from respondents (senior officers of KPCL) have been discussed here. The results which are arrived from analysis of the operational and financial performance of the corporation are narrated here. The performance of the KPCL is compared with the major power generation companies of India like NTPC Limited, Reliance Energy Limited, the TATA Power Company Limited, NHPC and APGENCO. Many findings and suggestions for improve of financial and operational performances of KPCL have been analyzed in this research study.

Finance and Investment Performance in Karnataka Power Corporation Limited and Accountability in Production of Power.

"Financing and Investment Plans and Progress in Karnataka Power Corporation Limited.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 10, page no.740-750, October-2017, Available :http://www.jetir.org/papers/JETIR1710113.pdf

"Financing and Investment Plans and Progress in Karnataka Power Corporation Limited.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 10, page no. pp740-750, October-2017, Available at : http://www.jetir.org/papers/JETIR1710113.pdf