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In the recent restructured power system scenario and complex market strategy, operation at absolute minimum cost is no longer the only criterion for dispatching electric power. The economic load dispatch (ELD) problem which accounts for minimization of both generations cost and power loss is itself a multiple conflicting objective function problem. In this paper, a modified shuffled frog-leaping algorithm (MSFLA), which is an improved version of memetic algorithm, is proposed for solving thedoi:10.4236/epe.2011.34068 fatcat:xg4kytrownbafknpfeq3tznfpq