Journal
INTERNATIONAL TRANSACTIONS IN OPERATIONAL RESEARCH
Volume 21, Issue 6, Pages 955-977Publisher
WILEY
DOI: 10.1111/itor.12112
Keywords
data envelopment analysis (DEA); multicriteria data envelopment analysis (MCDEA); cross-efficiency; Indian thermal power plants
Ask authors/readers for more resources
This paper evaluates the performance of coal-fired thermal power plants in India for the year 2008-2009 using data envelopment analysis (DEA); subdividing the power plants into three categories depending on their scalesmall, medium, and large. The classical DEA model is analyzed to identify the efficient ones from the whole gamut of plants run by various organizations of the central government, state government, and private sector. Slack analysis is carried out to explore the specific areas that need to be focused on, in quantitative terms, for the overall efficiency improvement. Further efficiency evaluation is extended from a single criterion-based conventional approach to a multiple criteria oriented approach, and the resulting DEA models are more efficient and flexible in many aspects, particularly in discriminant and weight analysis. Results of multicriteria DEA (MCDEA) are substantiated with cross-efficiency analysis by deploying the weights obtained by the MCDEA in the cross-efficiency analysis. On the basis of the insights provided by the outcome of the analysis, both qualitative and quantitative measures are proposed for improvement of the plant performances. The result of this analysis may assist the management of the power plants to introspect and review their systems and processes for optimal use of resources. The methodology adopted in the present work can also be employed for deeper understanding of power plants in other parts of India as well as in other countries.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available