Question

what is the meaning of depreciation power​

Answer 1

Answer:

Extensive usage of the equipment in power plants take its toll over time. They undergo wear and tear and hence require maintenance, repair and replacement. Hence, over time, the value of the power plant equipment as well as the building decreases. This decrease in the value is termed as 'depreciation'.

Explanation:

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Answer 2

Answer:

The monetary value of an asset decreases over time due to use, wear and tear or obsolescence. This decrease is measured as depreciation.This is called depreciation of power plant. ... From the time the power station is installed, its equipment steadily deteriorates due to wear and tear so that there is a gradual reduction in the value of the plant. This reduction in the value of plant every year is known as annual depreciation.

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