JFET_V2_N4_RP2 V. Madhusudhan V. Sankar Journal on Future Engineering and Technology 2230 – 7184 2 4 39 49 Composite power system, Reliability indices, Monte Carlo Simulation, Sampling approach Adequacy assessment of composite power system is a complex task, which involves the two aspects of power system analysis and practical considerations in selecting a system state. Monte Carlo Simulation is a technique currently used for power system composite reliability assessment due to its flexibility and the possibility of obtaining the probability distribution of variables of interest. In the present paper, three basic sampling techniques are employed using Monte Carlo Simulation and the Reliability Indices are computed for a 5-Bus Composite Power System and IEEE RTS 24-Bus System. The results are compared and discussed. May - July 2007 Copyright © 2007 i-manager publications. All rights reserved. i-manager Publications http://www.imanagerpublications.com/Article.aspx?ArticleId=795