Abstract
Competitive pressures on power plants have seen them attempting to reduce their operating expenses for profitable operations. In India, the plants use wagons of the Indian Railways to transport coal from the mines (in case of domestic coal) or from the ports (in case of imported coal). Once these loaded railway wagons have reached the power plant, they need to be unloaded and released within a stipulated time frame. If there is any delay beyond the stipulated time, the power plant has to pay penalty cost to the Indian Railways. In this paper, we describe an analysis of the underlying causes behind these delays. We use correlation analysis, queuing theory and simulation to mathematically model the coal arrival process in the company. The recommendation suggested by the study is currently under implementation.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.