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+// A Texbook on POWER SYSTEM ENGINEERING
+// A.Chakrabarti, M.L.Soni, P.V.Gupta, U.S.Bhatnagar
+// DHANPAT RAI & Co.
+// SECOND EDITION 
+
+// PART I : GENERATION
+// CHAPTER 7: TARIFFS AND ECONOMIC ASPECTS IN POWER GENERATION
+
+// EXAMPLE : 7.3 :
+// Page number 73
+clear ; clc ; close ; // Clear the work space and console
+
+// Given data
+cap_baseload = 400.0*10**3       // Installed capacity of base load plant(kW)
+cap_standby = 50.0*10**3         // Installed capacity of standby unit(kW)
+output_baseload = 101.0*10**6    // Annual baseload station output(kWh)
+output_standby = 87.35*10**6     // Annual standby station output(kWh)
+peakload_standby = 120.0*10**3   // Peak load on standby station(kW)
+hours_use = 3000.0               // Hours of standby station use/year(hrs)
+
+// Calculations
+// Case(i)
+LF_1 = output_standby*100/(peakload_standby*hours_use)     // Annual load factor(%)
+hours_year = 365.0*24                                      // Total hours in a year
+CF_1 = output_standby*100/(cap_standby*hours_year)         // Annual capacity factor(%)
+// Case(ii)
+peakload_baseload = peakload_standby                       // Peak load on baseload station(kW)
+LF_2 = output_baseload*100/(peakload_baseload*hours_use)   // Annual load factor on baseload station(%)
+hours_year = 365.0*24                                      // Total hours in a year
+CF_2 = output_baseload*100/(cap_baseload*hours_year)       // Annual capacity factor on baseload station(%)
+
+// Results
+disp("PART I - EXAMPLE : 7.3 : SOLUTION :-")
+printf("\nCase(i) : Standby Station")
+printf("\n          Annual load factor = %.2f percent", LF_1)
+printf("\n          Annual capacity factor = %.2f percent\n", CF_1)
+printf("\nCase(ii): Base load Station")
+printf("\n          Annual load factor = %.2f percent", LF_2)
+printf("\n          Annual capacity factor = %.2f percent\n", CF_2)
+printf("\nNOTE: Incomplete solution in the textbook") ;