Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. Indian power sector is undergoing a significant change that has redefined the industry outlook. Sustained economic growth continues to drive electricity demand in India. The Government of India’s focus on attaining ‘Power For All’ has accelerated capacity addition in the country. At the same time, the competitive intensity is increasing at both the market and supply sides (fuel, logistics, finances, and manpower). Total installed capacity of power stations in India stood at 330,260.53 Megawatt (MW) as on May, 2017.
The Ministry of Power has set a target of 1,229.4 billion units (BU) of electricity to be generated in the financial year 2017-18, which is 50 BU’s higher than the target for 2016-17. The annual growth rate in renewable energy generation has been estimated to be 27 per cent and 18 per cent for conventional energy.
The Government has added 10.2 Giga Watts (GW) of conventional energy generation capacity and 12.5 GW of renewable energy capacity in Financial Year 2017. Under the 12th Five Year Plan, the Government has added 93.5 GW of power generation capacity, thereby surpassing its target of 88.5 GW during the period.
Around 293 global and domestic companies have committed to generate 266 GW of solar, wind, mini-Hydel and biomass-based power in India over the next 5–10 years. The initiative would entail an investment of about US$ 310–350 billion. Between April 2000 and March 2017, the industry attracted US$ 11.59 billion in Foreign Direct Investment (FDI).
Future of Energy Sector In India
The Government of India has identified power sector as a key sector of focus so as to promote sustained industrial growth. The Indian power sector has an investment potential of Rs 15 trillion (US$ 225 billion) in the next 4–5 years, thereby providing immense opportunities in power generation, distribution, transmission, and equipment, according to Union Ministry. The government’s immediate goal is to generate two trillion units (kilowatt hours) of energy by 2019. This means doubling the current production capacity to provide 24×7 electricity for residential, industrial, commercial and agriculture use.
Importance of the Course
The MBA (Power Management) program combines thorough training in core business administration skills with in-depth education in understanding of strategic business issues across Generation, Transmission and Distribution.
It covers areas like power resource management, environment impact assessment, power auditing, power efficient systems/technologies, power generation, transmission, distribution, power sector laws, power policies, power security, power pricing, power economics, power tariffs and power trading etc. The program is focused at creating strong concepts while inculcating hands on practical learning experience.
About Training Center
UPES is one of the best known University in India for Power Programs. Conceived in 2003, it is Asia’s first core sector focused University. It has undisputed leadership in Power, Logistics & Supply Chain, Oil & Gas and Aviation Programs. The Center for Continuing Education offers itself as a center of excellence and is committed to prepare students in providing quality education through distance learning mode .
Join the excellent peer group of over 3,000 global students from across the sectors and domains as well as professionals, self-employed, Govt. officials, policy planners and more on the pathway to progress.
Who Should Join
Who should join the course
- Professionals from Energy Sector willing to get formal MBA Degree in Power Management
- Professionals Working in Thermal Power Plants
- Professionals working in Captive Power Plants
- Professionals from Contracts, Procurement, Project Management etc
- Professionals from Civil, Erection, Commissioning Profiles
- Professionals from Cement, Textile, Steel, Paper, Sugar Industry
- Professionals from Other Industries willing to entre Energy Sector
- Undergraduates (Electrical/ Mechanical/ Instrumentation & Related Streams)
- Graduates (Electrical/ Mechanical/ Instrumentation & Related Streams)
- Business Owners, Contractors Providing Services to Energy Sector
Careers on Completion
Careers on Completion
Working professionals will greatly benefit from MBA degree which will help them in getting increments and promotions for higher positions.
Duration & Tenure
Duration & Tenure
- Duration of the course is Two Years (4 Semesters)
The program can be done from any location. Study material is provided in soft copy format through learning management system. Exams are conducted online.
- Economics & Management Decisions
- Financial Management
- Marketing Management
- Quantitative Techniques for Management Applications
- Operations & Material Management
- Human Resource Management
- Project Management & Contract Administration
- Strategic Management of Technology Innovation
- Research Methadology
- Power Sector Economics & Planning
- Financing Energy Sector Projects
- Power Pricing & Power Purchase Agreements
- Power Trading
- Power Station Management
- Business Policy & Strategy
- Energy Law & Policy
- Health, Safety & Environment for Power Industry