Vol. 1, Issue 6, Part E (2015)

Abstract
Electricity is one of the most important input factors for the economic development of the country. There is huge and increasing demand of electricity in India and it is continuously increasing with the countries corporate and economic growth. The Indian power sector has responded significantly and made significant progress in reducing the gap between demand and supply. Indian power sector offers one of the highest growth potential to players in this industry. However, this is subject to some challenges like to generate more power and to generate and distribute power efficiently and at minimum cost. The present study covers five selected companies operating in power sector for the financial performance using ratio analysis and ANOVA. Out of selected companies NTPC performance is better than other companies but overall Indian power sector needs to reduce too much dependence on coal and needs to generate more power availability, quality and reliability for successful future and growth of the country.