This document summarizes the risks involved in operating the Neyveli power plant in India. It identifies nine main risks: operational, technological, business, political, manpower, security, environmental, and legal risks. These risks are then assessed in terms of priority, with operational and technological risks posing the very highest level of risk, while political and legal risks are lower. The document examines how each risk is determined for the plant.
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This document summarizes the risks involved in operating the Neyveli power plant in India. It identifies nine main risks: operational, technological, business, political, manpower, security, environmental, and legal risks. These risks are then assessed in terms of priority, with operational and technological risks posing the very highest level of risk, while political and legal risks are lower. The document examines how each risk is determined for the plant.
This document summarizes the risks involved in operating the Neyveli power plant in India. It identifies nine main risks: operational, technological, business, political, manpower, security, environmental, and legal risks. These risks are then assessed in terms of priority, with operational and technological risks posing the very highest level of risk, while political and legal risks are lower. The document examines how each risk is determined for the plant.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
This document summarizes the risks involved in operating the Neyveli power plant in India. It identifies nine main risks: operational, technological, business, political, manpower, security, environmental, and legal risks. These risks are then assessed in terms of priority, with operational and technological risks posing the very highest level of risk, while political and legal risks are lower. The document examines how each risk is determined for the plant.
Copyright:
Attribution Non-Commercial (BY-NC)
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RISK MANAGEMENT IN
NEYVELI POWER PLANT
An overview of Indian energy scenario. Brief introduction of Neyveli plant Identification of Risks involved in the plant. Assessment of risks in terms of priorities. How a risk is determined? Review of risks as their likelihood and consequences. IDENTIFICATION OF RISK INVOLVED IN THE PLANT
The risks identified in the Neyveli plant are as follows----
1. Operational risk : Involves risk with actual procurement, construction, execution, and operation of the plant. 2. Technology risk: It relates to the risk of technology being involved in the plants. 3. Business risk : the risk related to the business productivity of the plant. Risks involved continues……… 4) Political risk : This risk involves the approval of the govt. for a project implementation. 5) Manpower risk: Risk related to the manpower employed in the plant. 6)Security risk: This involves risk related to safety of the plant, workers and the people living in near- by area. Risks involved continues………. 8) Environmental risk : This risk involves the harms caused by thermal plant to the environment. 9)Legal risk : It includes the various risk related to the enactment of law during the operation of plant. ASSESSMENT OF RISK IN PRIORITIES Low Risk Medium Risk Very High Quadrant Quadrant Risk Quadrant 1)Political Risk 1)Manpower Risk 1)Operational Risk
2)Legal Risk 2)Environmental 2)Technological Risk
Risk 3)Business Risk
4)Security Risk How a RISK is determined? THANK YOU