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

Journal of Commerce and Accounting Research

Volume 8 Issue 4

Published: 2019
Author(s) Name: Aditya Rai, Achanta Ravi Prakash | Author(s) Affiliation: Ph.D Scholar, Department of Management, Sikkim University, Gangtok, Sikkim, India
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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

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