Analysis and Evaluation of Power Plants: A Case Study

摘要

Key factors to evaluate parameters of any power plant include, low cost for investing, minimum operation and maintenance cost, and maximum efficiency. This study is about determining and agreeing to the power plants set up in Tamil Nadu, India using observational data followed by the application of Multi-Criteria Decision-Making (MCDM) analysis to rank the existing power plants according to their optimal usage and generation. Various power plants based on different sources of energy installed in the state are taken into consideration, Complex Proportional Assessment (COPRAS) method is used to specify which among them the most suitable one for optimized usage is. The acquired solution will also help in deciding the future prospects about the power plants. The methodology used for the study is a basic approach toward handling such a decision problem and can be further applied to any study of similar nature.