K&M served as Privatization and Institutional Reform consultants to the Government of India (GoI) for this USAID-sponsored program supported by the World Bank. Over a five-year period, K&M provided a full range of advisory services covering institutional, legal, regulatory, technical and financial issues for power sector reform in order to promote efficiency and attract private sector investment. K&M structured the India Private Power Initiative (IPPI) to foster development of private power projects on an economically viable, environmentally sustainable and technologically sound basis. Acting through the Investment Promotion Cell of the Ministry of Power, K&M provided assistance to the Power Finance Corporation, Central Electricity Authority, State Electricity Boards, and other governmental agencies. This comprehensive program was designed to build in-country capabilities to evaluate, process, and independently negotiate a myriad of private power project proposals pending before local, regional, and national government agencies.