India’s electricity sector is the 5th largest in the world with 135 GW of capacity, and is the 3rd largest T&D network. Large investments are expected by both, private and public sectors in coming years to meet the growing demand. Today, the policy and regulatory framework is investment-friendly, and the market offers a large number of opportunities in all the sub-segments.
An investment plan of $250 billion over 2007-12, offers a large opportunity to investors, suppliers, contractors, lenders, utilities, various service providers, and to consumers. The great diversity in asset-type, geography, markets, and competition means that participants will need well-thought out strategy and a carefully-managed approach to succeed.
PricewaterhouseCoopers have been significantly involved in every step in the evolution of India’s electricity industry over the years – from entry of IPPs (1991), restructuring of the state utilities (1996), economic regulation (1998), open access (2003), market reform (2005), coal mining (2006), and in advising on a large number of public and private investments in electricity and fuels over these years.
PricewaterhouseCoopers have an industry-focussed practice in electricity and fuels, with a specialist staff of over 120, based in 8 offices across India. Our approach to projects is driven by client issues, industry themes, and global best practices.