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Company profile

We are a boutique consulting firm based in Canada providing advisory services to governments, regulators, utilities, and developers in the energy industry.

While FynValue was established in 2019, its founder, partner organisations and associates have several decades of extensive experience of working with energy sector players on:

  • market reforms and restructuring
  • competition and regulation
  • government programs and policies for IWPP / IPP programs
  • techno-economic feasibility study
  • technical, economic and financial data analysis
  • development of energy projects
  • tender and contract development and administration
  • regulatory and contract compliance
  • market research and benchmarking

More About Us

We have worked with government agencies, utilities and private companies at board and executive management levels as well as consultants and advisors.

Clean energy transition and digital transformation bring new challenges and opportunities for all players in the energy supply chain. We help our clients develop strategies and programs to capitalize on these opportunities.

These include developing clean energy projects (such as solar, wind, hydro and nuclear), regulatory regimes to finance and incentivise sustainability and innovation, suitable feed-in-tariffs, net metering arrangements, and bespoke wholesale and retail tariffs.

01

Market reforms

  • Sector restructuring
  • Competition
  • Privatisation
02

Utility regulation

  • Design and implementation of regulatory regime
  • Tariff setting and price review
  • Regulatory response and compliance
03

Transactions

  • Techno-economic feasibility studies
  • Security package and contracts
04

Business intelligence

  • Market research
  • Data & analytics
  • Cost optimisation and benchmarking

Founder and CEO

Aftab Raza, Founder and CEO of FynValue, is a specialist in utility regulation and pricing, financial analysis, project development and financing, and contract negotiation and administration, with MBA (finance) and electrical engineering degrees and PMP certification. He has over 25 years of experience covering the entire value chain in the energy sector as a senior management executive as well as a consultant, while managing SMEs, engaging stakeholders and addressing financial, accounting, economic, policy, system planning, investment, cost allocation, pricing and forecasting issues.

Over two decades since 2000, Aftab was associated with the energy regulator in Abu Dhabi, UAE – Department of Energy (DoE) – as Director of Economic Regulation, Head of Sector Financial Management, and Head of Network Price Controls specializing in:
  • setting tariffs and price controls, performance targets and incentives, and regulatory reporting
  • review and approval of sector subsidy budget, accounts and audit completion, and government investments
  • utilities’ cost structure, optimization and benchmarking
  • capacity planning, investment, financing structure, licensing, market share, and competitive tendering of thermal, renewable and nuclear energy projects
  • strategic, policy and regulatory issues over the entire energy supply chain, including regulatory frameworks for new activities, gas pricing, power-water decoupling via solar PV and RO, EV charging, DSM, sector restructuring and mergers, and
  • regulatory and commercial issues on 5,400 MW Barakah nuclear project relating to financing, EPC and O&M contracts, PPA pricing, decommissioning trust fund, nuclear waste management, availability and delays.
Before 2000, Aftab worked as the Project Manager for the Government of Pakistan, specializing in the formulation and implementation of IPP policies; tariff and business analysis; development, improvement, negotiation and administration of IPP contracts, and project financing for several IPPs.

Aftab has also advised as a consultant the governments and utilities in Asia, Europe and Africa on regulatory and tariff regimes for private power and gas projects and developed IPP bidding documents, contracts and economic and financial models.

He has presented and published papers on utility reforms and regulation and has been associated with educational organizations.

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