Financial appraisal of public sector Undertaking in Madhya Pradesh With special reference to Narmada Hydro electricpower development Corporation limited

Abstract

Electric power is one of the most important elements of infrastructure needed for newlinethe economic growth and prosperity of any country. The adequate and newlineuninterrupted power supply is essential for the growth of various sectors of the newlineeconomy be the industrial, agricultural, manufacturing or service sector. The newlineservices like hospitals, railways, banking etc. run almost on the continuous supply newlineof electricity. Electricity is needed to support the global digital world in which the newlinelimitations of physical distances are totally removed. Electricity can be produced newlineby using conventional and non-conventional sources of energy. Coal, petroleum newlineand natural gas are the popular conventional sources whereas solar, wind, hydro, newlinenuclear are among the most common non-conventional sources. Most of the newlinecountries majorly depend on conventional sources, specially coal, for producing newlineelectricity but these sources are depleting rapidly and they are non renewable also. newlineFurther, they add pollutants to the environment and become a cause of global newlinewarming. Hydropower has been emerging as a leading renewable source for newlineelectricity generation globally.