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 the energy demand
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.
Keeping with the above, KPMG Global focuses on the ever evolving and increasingly important energy sector in India as a priority growth area for our firm to offer services to , with a 100 plus strong team working together towards this
How can we help
KPMG in India is organized around the understanding that no two industries are alike . In case of energy we maintain a strong industry focus that takes an advanced approach to service delivery using consistent and tested worldwide methodologies to deliver objectivity, valuable insights, and robust opinions of Tax and Advisory services to clients.
From our position as the professional service providers of choice to the world’s largest energy and natural resources companies and domestic stalwarts,we are acutely attuned to leading practises through out the industry and around the world. KPMG’s India ENR practice strives to address all the issues of companies across the energy value chain , in the defined sub sectors of Power & Utilities, Oil & Gas, Mining and Renewables.
Our professionals have the technical skills and industry focused experience that can enable them to understand the issues energy companies face, along with strong relations with key government bodies.
In addition to this, with focus on our four core solutions of strategic planning, operations improvement ,transactions advisory and project planning , we ensure that we are ever ready to address our clients’ primary concerns.
The country is committed to increasing its renewable energy capacity to 40 per cent of installed power generation capacity by year 2030