A Study on Cost Control and Cost Control Techniques of Material Management in Koppal Green Power Ltd, Kartagi, Koppal.

Abstract

KOPPAL GREEN POWER LIMITED was incorporated on 29th May 2000 for setting up of Power project with an installed capacity of 6 MW, at Kartagi. Total investment for the company is 32 cores including land 23 Acres & 30 guntas. The profit of the company is increasing year by year, last year profit of the company is Rs. 3,35,93,914.The company has three functional departments namely, technical, financial and non-technical departments. Learning in Koppal Green Power Limited was a wonderful experience. It helped me to know how cost control techniques are applied practically in the organization. Whatever theoretical information learned in the classes could be seen in practice in internship training and it was good learning experience for me to understand various financial aspects of the organization The company has adopted modern technology of plant and machinery which helps in achieving fast production. It has only one customer i.e. KPTCL. If KPTCL becomes self-sufficient in production of power, the company may lose the whole market. It is possible to distribute Bio-power to the other private customers, the collection period is long. It is important to study the whole company to get to know the activities of the company; each company is different from the other and has its own unique way of managing its affairs.