Re: Options for Energy Engineer
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05 Nov 2018, 23:43
The degree of MBA in energy management will impart you subject-specific intelligence and provide you an insight into the struggles of energy market. For acquiring this knowledge, you need to qualify the following criterions:
A bachelor’s degree in the relevant subject with 50% of aggregate marks
Clearance of entrance examinations that might be university’s specific or clearing CAT/GMAT/XAT/SNAP/CMAT.
The final selection of a student in the MBA programme is dependent upon the entrance examination score, personality assessment, intelligence and educational background.
The government of India is highly focused on obtaining ‘power for all’. To meet this demand, it is imperative to commence efficient strategies for generating, managing and sustaining energy and introducing more installations of power generation. Apart from this, finances, logistics and man-power are the assets of the competitive energy market that have been lagging far behind.
There are around 293 international and national companies situated in India that have aimed at producing 266 GW of wind energy, solar energy and biomass-based power, all in the time span of 5 to 10 years. From 2000 to 2015, these companies have increased in number, along with attracting 9.97 billion US dollars in FDI (foreign direct investment).
In the coming years, the projected investment in the Indian power sector is 237 billion US dollars. This results in abundant amount of opportunities in the domains of power generation, transmission, maintenance and distribution.
When looking at the electricity production in India, at 2015, the generation was boosted by 8.4% in FY 15. Approximately 15 GW of electricity is traded every year in India. From the fiscal years 10-15, the electricity has produced at an increase of 6.3 % compound annual growth rate (CAGR).
In October 2015, the electricity production raised it bar to 654.5 billion units (BU). The same has been depicted in the following figure.