“A Trend Analysis of Cost in Thermal Power Station: “A Special reference to Rayalaseema Thermal Power Station”

Abstract: Indian power sector has a phenomenal growth since Independence. The installed power generation of the nation in 1947 was 1,362 MW, which was increased to 4,17,668 MW as on 31-05-2024.Thermal power generation is contributing the maximum share among the various power generations in India. The installed capacity of thermal power stations in India is 2,05,228 MW as on 31-05-2024.Though there is a lot of growth and expansion in the renewable energy source in India but the coal based thermal power generation is occupies 49.1%, which is a lion’s share in the installed capacity. The power generation at the time of Independence was 4,073 GW, this is raised to 13,83,417 GW. The Per Capita consumption of electricity is 16 Kwh in 1947, the same has been reached to 1,208 Kwh at the end of 31-03-2020. This indicates that there is a massive growth in the sector since Independence. Still 15 million houses are away from electricity. The tariffs of power have been increasing significantly during the last decade because of increasing the cost of power generation. The present paper explains various expenditures involved in thermal power generation and offer suggestions to reduce the cost of power generation.