Ernst &Young >Industries>Power & Utilities Overview - Ernst & Young - India

The Indian utilities industry is in the midst of a transformation backed by reforms and a surging demand for energy. The key players in the sector are required to adapt to this dynamic environment while maintaining their focus on providing competitive electricity, gas and water services to customers.

The power sector is struggling to manage energy and peak demand shortages. Generation companies are planning rapid capacity expansions. However, fuel linkages remain a key concern. Transmission companies are trying their best to deal with the evacuation of electricity but are faced with interconnection and capacity constraints. The distribution companies on the other hand are trying to reduce their losses and devise a secure revenue assurance model. Other challenges which the industry faces are regulations,environment, technology, safety and performance concerns. This scenario offers a daunting task for various industry players to provide quality and reliable supply which is of paramount importance to the growing Indian economy.

Ernst & Young with its knowledge of the global and Indian markets is well positioned to offer a suite of solutions ranging from climate change, business advisory, IT advisory, process improvement & integration to assurance, tax advisory, market risk assessment and development of HR systems & policies. Our objective is to enable clients optimise on opportunities available in the emerging business-scape and ensure that they receive seamless, consistent, high quality service regardless of geography.

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