Energy plays a vital role in human life. A developed nation was denoted by its per capita consumption of electric energy. India is one of the developing countries in the world. Financial implementation is one of the major problems in a developing country, for energy, food, fuel, communication etc. and the same time the necessity of these things has to be raised according to the increasing population of the country. Due to the economic unbalance, more constraints to implement various emerging trends in power generation. Implementation of Micro Grid with the existing utility grid resolves the increase in power demand. In this paper, it deals with the financial analysis to implement the Micro Grid power generation with the help of Mat lab.
Micro grid,Power generation, Bio mass and Hydro power.