Energy Conservation and Management: general principles of energy management and energy management planning, conducting energy audit (pre-audit, audit and post-audit), energy audit instruments, energy audit report, monitoring, evaluating and following up energy saving measures/ projects, case study. Energy efficiency analysis, management of heating, Heat Ventilating and Air-Conditioning (HVAC), management of process energy, Energy Efficiency of turbines, compressors and pumps, specific energy consumption, parameters affecting specific energy consumption, flexi targeting technique. Cogeneration: types and schemes, case study. Management of electrical load and lighting: Management opportunities with electric drives, Energy Efficiency in motors, pumps and fans, lighting, electrical load analysis, and peak demand control and Demand Response. Economics of power factor improvement: reactive power management, capacitor sizing, location, placement, maintenance, case study. Computer -aided energy management, energy efficiency policy initiatives. Energy Economics: Time value of money - Present Worth and Future Worth Economic performance indices: Payback - Simple and Discounted, Net Present Value, Internal Rate of Return, Benefit to Cost Ratio, E/D ratio, Life cycle/levelized cost. Financial evaluation of energy projects, evaluation of proposals, profitability index, life cycle costing approach, investment decision and uncertainty. Energy conservation in vehicles, energy conservation in buildings, Power quality issues related to Energy Efficient Technologies, Energy Conservation Practice – Case Studies.