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

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 secto...

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Bibliographic Details
Published inJournal of commerce and accounting research Vol. 8; no. 4; p. 12
Main Authors Rai, Aditya, Achanta Ravi Prakash
Format Journal Article
LanguageEnglish
Published New Delhi Publishing India Group 01.10.2019
Subjects
Electric power
Electric utilities
Electricity distribution
India
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Summary: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.
ISSN:2277-2146
2320-4990