Download - Insurance adequacy and Genset performance
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Insurance Adequacy
& Genset
Performance (Our knowledge your
choice)
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2-Durai. Dhamodharan !!!Presented By
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What is Insurance?
-Durai. Dhamodharan !!!
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*It is an protection from financial loss.
* It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.-Durai.
Dhamodharan !!!
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5 -Durai. Dhamodharan !!!
History of Insurance
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The Insurance Act of 1938 was the first legislation governing all forms of insurance to provide strict state control over insurance business.Purpose:- to safe guard the interest of insured, setting the norms for carrying out the business of insurance smoothly, Minimizing disputes -Durai.
Dhamodharan !!!
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Definition under the Act 1938 Dictionary of business and Finance defines “Insurance as a form of contract agreement under which one party agrees in return for a consideration to pay an agreed amount of money to another party to make good a loss, damage or injury to something of value in which the insured has a interest as a result of some uncertain event. -Durai.
Dhamodharan !!!
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Why Insurance
is important ?-Durai.
Dhamodharan !!!
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9 -Durai. Dhamodharan !!!
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10 -Durai. Dhamodharan !!!
Types of Insurance
Any Idea ?
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-Durai. Dhamodharan !!!11
-Durai. Dhamodharan !!!
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12 -Durai. Dhamodharan !!!
Audit check list for insurance verification• Name of the company• Nature of policy• Policy Amount• Expiry details of policy
/ Period of Insurance
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Audit check list for insurance verification• Risk coverage / Risk
Details• Location of the
property• Retention limit• Bankers Class• Valuation of property• In case of Vehicle
-Durai. Dhamodharan !!!
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Genset Performance
-Durai. Dhamodharan !!!
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The device which converts mechanical energy to electrical energy is called generator
A Machine used to generate electricity
GENERATOR ELECTRICAL ENERGYMEHANICAL ENERGY
-Durai. Dhamodharan !!!
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1.Standby Generators 2.Portable Generators 3.Commercial Generators
Types of Generator
(DC & AC)
-Durai. Dhamodharan !!!
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STANDBY GENERATORS: These are large, often permanent
units often stationed outside a building and like to provide backup power in case the in electricity switches off.
They can sense when a power interruption has occurred and automatically start to provide emergency power
-Durai. Dhamodharan !!!
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PORTABLE GENERATORS: These generators are designed to
be transported whether on cart trailer or by hand where there is no utility of power.
They are capable of providing up to 1000 kilowatts of power. They use either diesel natural gas , gasoline or propane as fuel.
-Durai. Dhamodharan !!!
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COMMERCIAL GENERATORS:
In areas where power supply is intermittent or lacking as in THIRD WORLD provincial areas, generators can also be set up to provide additional power.
-Durai. Dhamodharan !!!
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20-Durai. Dhamodharan !!!
Genset Maintenance
Schedule (GMS)
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21-Durai. Dhamodharan !!!
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Audit Check List1. Lighting2. Heating3. Cooling and Ventilation4. Electrical Equipment5. Water Use6. Awareness
-Durai. Dhamodharan !!!
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Ex:1 Genset performance review.S. No
Asset Number
Date Starting Hrs
Ending Hrs
Total Run Hrs
Fuel Consumed (Ltr)
Average
Fuel Usag
e
Unit Total Fuel
Filled
Total Fuel
Removed (Lr)
1 ASD123 01.09.16 9.00 12.00 3.00 3.00 1.00 Ltr / Hr 20.00 1.002 ASD123 02.09.16 8.00 12.00 4.00 4.00 1.00 Ltr / Hr 3 ASD123 03.09.16 9.00 15.00 6.00 6.00 1.00 Ltr / Hr 4 ASD123 04.09.16 12.00 18.00 6.00 6.00 1.00 Ltr / Hr 5 ASD124 01.09.16 12.00 15.00 3.00 4.00 1.33 Ltr / Hr 24.00 0.506 ASD124 02.09.16 12.00 16.00 4.00 5.00 1.25 Ltr / Hr 7 ASD124 03.09.16 15.00 21.00 6.00 7.00 1.17 Ltr / Hr 8 ASD124 04.09.16 18.00 24.00 6.00 7.30 1.22 Ltr / Hr 9 ASD125 01.09.16 18.00 21.00 3.00 6.00 2.00 Ltr / Hr 40.00 2.0010 ASD125 02.09.16 16.00 20.00 4.00 10.00 2.50 Ltr / Hr 11 ASD125 03.09.16 21.00 3.00 6.00 10.00 1.67 Ltr / Hr 12 ASD125 04.09.16 24.00 6.00 6.00 12.00 2.00 Ltr / Hr -Durai.
Dhamodharan !!!
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Ex: 2 Genset performance review Asset No: ASD123 (Fuel consumption 1 Liter = Out Put Production 15Kg)
S. No Date Shift Starting Hrs
Ending Hrs
Total Run Hrs
Fuel Consumed
(Ltr)
Average Consumption (Ltr)
Output Production in
KGs
Average Production
In KGs
Production In KGs / Liter
1 01.09.16 1 6.00 14.00 8.00 10.00 11.00 150.00 165.00 15.002 14.00 22.00 8.00 12.00 180.00 15.003 22.00 6.00 8.00 11.00 165.00 15.00
2 02.09.16 1 6.00 14.00 8.00 12.00 11.00 192.00 159.00 16.002 14.00 22.00 8.00 10.00 120.00 12.003 22.00 6.00 8.00 11.00 165.00 15.00
3 03.09.16 1 6.00 14.00 8.00 12.00 12.33 132.00 135.67 11.002 14.00 22.00 8.00 13.00 143.00 11.003 22.00 6.00 8.00 12.00 132.00 11.00
4 04.09.16 1 6.00 14.00 8.00 10.00 11.67 120.00 152.67 12.002 14.00 22.00 8.00 12.00 156.00 13.003 22.00 6.00 8.00 13.00 182.00 14.00
-Durai. Dhamodharan !!!
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KGN - 3125 KVA
Litres UnitsProduc
ed
DieselConsum
ed
No of Hrs
Genset is
Run
AvgCost of 1 Ltrof
Diesel
DieselCost
Liters of Diesel
for ProducingOne Unit
ofPower
DieselCost Per Hour
UnitsProduc
edPer
Hour
Cost per Unit
Month OB Inwar
dsConsump
tionCB
April 30.00 390.00
380.00 40.00 824.00 380.00 39.00 58 22040
2.17 565.13 21.13 26.75
May 40.00 0.00 0.00 40.00 0.00 0.00 0.00 58 0 0.00 0.00 0.00 0.00June 40.00 500.0
0418.00 122.0
0 1084.00 418.00 36.00 58 2424
4 2.59 673.44 30.11 22.37
July 122.00
200.00
240.00 82.00 636.00 240.00 22.50 58 13920
2.65 618.67 28.27 21.89
August 82.00 200.00
125.00 157.00
320.00 125.00 11.00 58 7250 2.56 659.09 29.09 22.66
September
157.00
300.00
308.00 149.00
750.00 308.00 27.50 58 17864
2.44 649.60 27.27 23.82
-Durai. Dhamodharan !!!
EX: 3
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26-Durai. Dhamodharan !!!
Any Questions ? Thank You For Your
Time