Journal of Commerce and Accounting Research

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A Comparative Study on Financial Performance of Power Generating Companies in India


Affiliations
1 Ph.D Scholar, Department of Management, Sikkim University, Gangtok, Sikkim, India
2 Assistant Professor, Department of Management, Sikkim University, Gangtok, Sikkim, India
     

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Electricity is one of the most important factor which helps in building the economy of any nation. Various amendments in electricity laws have been made to improve the performance of electric power sector companies. The electric power companies are controlled by both the government and private sector. The government of India keeping in view the improvement of power sector companies have made lot of changes in various ways. The main objective of this paper is to analyse the financial performance of power generating companies. The findings of this paper is that the financial performance of government owned power generating companies are more efficient than the private sector power generating companies in India.

Keywords

Generation, Ratio Analysis, Financial Performance Analysis.

JEL Classification: M49.

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  • A Comparative Study on Financial Performance of Power Generating Companies in India

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Authors

Aditya Rai
Ph.D Scholar, Department of Management, Sikkim University, Gangtok, Sikkim, India
Achanta Ravi Prakash
Assistant Professor, Department of Management, Sikkim University, Gangtok, Sikkim, India

Abstract


Electricity is one of the most important factor which helps in building the economy of any nation. Various amendments in electricity laws have been made to improve the performance of electric power sector companies. The electric power companies are controlled by both the government and private sector. The government of India keeping in view the improvement of power sector companies have made lot of changes in various ways. The main objective of this paper is to analyse the financial performance of power generating companies. The findings of this paper is that the financial performance of government owned power generating companies are more efficient than the private sector power generating companies in India.

Keywords


Generation, Ratio Analysis, Financial Performance Analysis.

JEL Classification: M49.


References