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We may or might not exactly be aware of it but power generation, transmission and distribution is a commercial activity like any other manufacturing or service industry. Of course due to the very nature in the product, it appears under essential services which can be regulated closely by the government in many countries. Still the main motive of companies working with power generation and distribution would be to earn profit by selling that electricity. In this article we are going to find out about the meaning of tariff along with the several types of expenses associated with power generation.
The world intellectual property organization in 1977 edition of the licensing handbook "for developing countries to use, to the definition of technology:" technology is knowledge for the manufacture of a product system, the adoption of a process or provide a service, regardless of whether this knowledge is reflected in an invention, a shape design, a utility model, or a kind of new plant varieties, or reflected in technical information or skills, or reflected in the expert for the design, installation, run a factory or maintenance or for managing a business or its activities and provide services or assistance, etc." This is by far the most comprehensive and complete definition of technology in the world. In fact, the intellectual property organization defines all the scientific knowledge that can bring economic benefits to the world as technology
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