India’s energy requirements have grown significantly since market reforms were initiated by the Government of India in the 1990s. Energy sector reforms, capacity addition and improvement in existing infrastructure are the government’s primary focus areas as energy is a key necessity for meeting the country’s high economic growth expectations.
There is a strong two-way relationship between economic development and energy consumption. On one hand, growth of an economy, with its global competitiveness, hinges on the availability of cost-effective and environmentally benign energy sources, and on the other hand, the level of economic development has been observed to be reliant on energy demand.
India’s economy is embracing renewable energy at a rapid pace. The focus is on strengthening of distribution and transmission infrastructure, development of hydropower, conventional power, energy storage and atomic energy. Customer services enhancements such as enabling new connections, security deposits, bill payments, lodging of complaints and reconnections through digital platforms are critical to be future ready.
How can PSC help?
- Our professionals have the technical skills and industry-focused experience that can enable them to understand the issues energy companies face, along with vast experience with key government bodies.
- In addition to this, with focus on our core approaches across strategic planning, operations improvement, transactions advisory and project planning, we seek to ensure that we are ever ready to address our clients’ primary concerns.
- Knowing what happened in your business last month or last year can be interesting, but having experts who understand what is happening now and how it is likely to affect your business in the future is what will help your business grow.
- Our expert team have years of experience in all aspects of accounting and compliance, and although that might be enough for some companies, we make sure to get to know you and your business on a deeper level so that we can provide the best service possible. This includes making sure that you fulfil all of your obligations and are always compliant with HMRC, whilst keeping you up to date with any new legislation and how it impacts on your business.
- On top of this, by working with us you will inherit a partner. With all of our clients we bring our skills, knowledge and business advice to help guide them through their business journey, from start-up, through growth and beyond. So if you’re looking for support and advice that will free up your time and take your business to the next level, we’re ready to help.
- Legal assistance and advice, as well as representation in the process of obtaining licenses, authorizations, permits and approvals for performance of activities in the field of electricity, oil and gas
- Legal assistance in drafting and negotiating the documents pertaining to investment projects in the energy field, as well as throughout the execution phase of such projects (construction, modernization, refurbishment)
- Legal advice regarding the regulatory matters pertaining to the performance of specific activities in the field of electric and thermal energy, oil and gas, including for the enforcement of environmental regulations