Published Paper Details:

In order to sustain economic expansion and guarantee the availability of a consistent and reasonably priced electrical supply, the power industry is essential. Effective financial management practices within this sector are vital for its sustainability, operational efficiency, and overall financial performance. The purpose of this study is to investigate the connection between financial management strategies and the financial performance of power sector enterprises. To achieve this objective, a comprehensive analysis of financial management practices will be conducted, focusing on key areas such as financial planning, budgeting, investment decisions, cost control, and financial reporting. The results of this study will add to our understanding of how financial management practises in the power industry affect financial performance. The results will provide valuable insights for power sector companies, regulators, policymakers, and investors, enabling them to make informed decisions regarding financial strategies, resource allocation, and policy frameworks.