PRS International marks 18 years of global advisory work
PRS International Group of Companies recently said it has strengthened its position as a sovereign-grade multinational advisory organisation, marking nearly 18 years of operations across strategic communications, institutional advisory and international cooperation. The Group, with headquarters in Washington, D.C. and New Delhi, said its work spans more than 190 countries and supports governments, multilateral institutions, investors, corporations and private clients. The organisation said its services cover government advisory, crisis management, trade and investment facilitation, nation bra..
Tata Power Secures Karnataka Transmission Project
Tata Power has won a power transmission project in Karnataka after emerging as the successful bidder in a tariff-based competitive bidding process run by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. The company received a Letter of Intent from PFC Consulting for a renewable energy evacuation scheme to be delivered under a Build, Own, Operate and Transfer model. The award follows a competitive selection and positions the firm to expand its transmission activities in the state. As part of the contract, Tata Power will acquire the special purpose vehicle (SPV) created f..
S&P Global Says Tariff And Investment Rules Needed In Power Market
Researchers at S&P Global Energy, the research arm of S&P Global, said that government regulation on tariff and investment should complement competition in power markets, since transmission and distribution remain natural monopolies requiring large capital investments. The firm argued that enabling competition among existing companies is more important than bringing in more entrants. It noted that the power sector is a heavy industry where scale delivers value, particularly in transmission and distribution. The researchers emphasised that regulation must address tariff setting and investment p..
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