Webinar Date: | 22-08-2016 |
Webinar Time: | All Day |
The economic analysis of any new or transformation project is the fundamental step for any investment decision. This holds true when addressing the increasing Power Quality (PQ) issues in industrial and electricity distribution networks.
Poor PQ causes production loss and maintenance costs for high-end industrial customers while resulting in revenue loss for the utility operators. These can be significant techno-economic consequences for the concerned stakeholders. Further, investments made for PQ mitigation suffers from a natural barrier, as their economic impact is not properly assessed or measured once it is applied. This further limits the understanding and evidence for benefits achieved from PQ Mitigation efforts. Thus, it is utmost important now that utilities and customers adopt and evaluate the financial aspect of PQ and perform Cost-Benefit-Analysis (CBA) of different solutions before making the investment decision.
Investment analysis can be conducted by some basic steps like describing the present system’s PQ performance, the estimated cost associated due to poor PQ, characterizing different solutions in terms of their cost & effectiveness, followed by cost-benefit analysis of the different solutions. Several evaluation methods can be used according to a company’s requirement to decide on the economic feasibility of an investment decision. Typical methods include life cycle costing (NPV and IRR), Payback time, Break-even analysis, etc.
Investment analysis can be conducted by some basic steps like describing the present system’s PQ performance, the estimated cost associated due to poor PQ, characterizing different solutions in terms of their cost & effectiveness, followed by cost-benefit analysis of the different solutions. Several evaluation methods can be used according to a company’s requirement to decide on the economic feasibility of an investment decision. Typical methods include life cycle costing (NPV and IRR), Payback time, Break-even analysis, etc.
WHY SHOULD YOU ATTEND?
The webinar brings speakers from Utilities and Technology Providers to share their experiences on the following topics
Benefit 1: Key challenges & importance of utilities investment analysis for PQ solutions
Benefit 2: Innovative technologies in PQ mitigation and their viability for end-users
Mustafa Wajid, an engineer-entrepreneur leads the technology driven MEHER Group as its Managing Director & CEO. Over the last three decades plus he has led the MEHER team to build leadership positions in various business areas that include Reactive Power Compensation products & systems for T&D Networks, Power Quality Solutions for LV Networks, Passive Components for Power Electronics & Advanced Dielectric Materials.
Professionally Mustafa has been a longstanding IEEE member & participated in various broad activities, that include serving on several committees of different bodies of Government of India , in the IEC TC33 & SG4 as well as Chair of several National/International technology conferences. He has been a Member, Executive Council, IEEMA for several years & mentors the “Engineer Infinite” program of IEEMA which is focused on strengthening Industry-Academia engagement. Mustafa also Chairs the IEEE’s LVDC Forum, India & is a member of “IEEE – ICCOM”, which is part of the IEEE SA Standards Board. He is also the current Chair of The IET’s Communities Committee – South Asia & Member of The IET India Development Panel.
Known for his entrepreneurial acumen, sense of customer taste, and the ability to leverage technical skills for business, Rajiv Sharaf keeps his mantra quite simple and befitting, “IT must go to business instead of business coming to IT”.
Sharaf brings with him more than 23 years of experience in the fields of telecom, broadcast, and IT infrastructure and was recently elevated as CIO of Reliance Infrastructure, which requires him to oversee the IT function for the energy distribution, generation, transmission businesses, and the metro, roads , and cement businesses. Prior to joining Reliance, Rajiv has also worked for ISRO, GCEL, and NATELCO. He has initiated many technologies driven programs at various capacities in his career.
In his stint at RInfra, Sharaf also leads the company’s business initiative to participate as an ‘IT consultant’ and ‘IT implementation agency’ under RAPDRP program of MoP. Starting his career in 1988 as a scientist in the Space Application Center at Ahmedabad, Sharaf worked closely with many other organizations namely, with Gujarat Communication Electronics (GCEL), DoT, Indian Railways, Doordarshan, BSES, and Mumbai Discom and added many feathers to his hat with best performance in terms of revenue, profitability, and customer satisfaction. Sharaf holds a Bachelor Degree in Electronics and Telecommunication Engineering from M. S. University of Baroda and a PGDBM from ICFAI.
You're in the right place! Just drop us a message. How can we help?
Or see contact page