Performance Evaluation of Hydro Power Projects in India Using Multi Criteria Decision Making Methods
Vasupalli Manoj, Prasanthi Rathnala, Srinivasa Rao Sura, Sake Namruth Sai, Metta Venkata Ramana Murthy
Abstract
In the contemporary period of the green economy, energy planning has grown more complicated due to the inclusion of numerous standards, including technical, social, economic, and environmental. This, in turn, restricts the ability of decision-makers to make the most efficient use of energy resources. In addition, the difficulty of energy planning is exacerbated by topographical restrictions on renewable energy systems, the majority of which are found in nature. Based on factors such as total installed capacity, total reservoir capacity, total surface capacity, the height, length, number of units, and the cost of the dam were used to determine the finest hydro power project in India, according to this study. For performance evaluation, multi criteria decision making (MCDM) techniques like analytic hierarchy process (AHP) and TOPSIS (technique for order reference by similarity to ideal solution) are used in conjunction with VIKOR (vlekriterijumsko kompromisno rangiranje) for performance evaluation. AHP is used to calculate the weights of each criteria. The TOPSIS and VIKOR methods will utilise these weights to choose the optimal option. For the purpose of demonstrating the approaches' applicability, an in-depth case study of various hydropower facilities in India was carried out.