Indicative Case Study: Strategy and Policy Implementation
The Government of India (GoI) has laid out an ambitious plan to provide secure, affordable and sustainable energy to all its citizens. It has set a target of achieving 175 GW of Renewable Energy (RE) capacity by 2022 and has recently undertaken one of the largest expansions of electricity access in its history, providing last mile connectivity to approximately 26 million households. To support the reforms process further, the Government of India and the UK Government responded by jointly undertaking the Power Sector Reforms Program.
As the lead implementing agency of this program, KPMG in India led central and state-level transformation initiatives to improve the viability of distribution utilities, mobilize investments in the sector and support large scale deployment of renewable energy. Activities within the engagement include improvement of power purchase costs of distribution utilities, design of policy and regulatory frameworks, and development of innovative business models to facilitate RE integration. The KPMG team also developed financing instruments and helped establish a knowledge-sharing platform— the Centre for Energy Regulation. These efforts have paved the way for an overall strategic vision for reforms and a more informed approach to decision-making. The program has been rated highly in DFID’s annual reviews for consistently delivering ahead on its milestones.