What are the key KRA & AOP for renewable energy generating firms do have ?
For developing a Key Responsibility Areas (KRA) and Annual Operating Plan (AOP) framework for a renewable energy setup focused on Solar, Wind, and Hydro, along with detailed breakdowns for plant-specific monthly requirements and expenditures, here is a detailed structure to follow: 1. KRA (Key Responsibility Areas) Breakdown Objective : Set the primary objectives of the plant, which are divided per segment (Solar, Wind, Hydro) and organized on a plant-by-plant basis. A. Performance Targets : Monthly Generation Targets : Define specific targets for energy production (kWh) for each plant. Capacity Utilization Factor (CUF) : Aim for optimal CUF based on plant capacity. Downtime Reduction : Track and reduce equipment and system downtime with actionable metrics. Spares & Consumables Efficiency : Optimize the usage and turnover rates for spares and consumables. B. Maintenance and Availability Goals : Preventive Maintenance : Schedule and meet monthly preventive maintenance targets. Asset...