This paper deals with modeling and performance analysis of Switched Reluctance Generator (SRG). A Finite Element Analysis (FEA) model is developed for the existing machine geometry using MagNet 7.1.1 and solved to obtain the parameters like flux linkage, inductance and torque. The data obtained from FEA Model is utilized to develop model of SRG in the MATLAB/Simulink environment. The performance of SRG is analyzed at various operating conditions and operating variables are identified to control the output power. The model of SRG is developed with Regulator Circuit (RC) to regulate the output power irrespective of the load change and source voltage variations. © 2014 IEEE.