Key facts
- Dates
- 14–17 Jun 2027 (4 days)
- Where
- Istanbul, Turkey
- Fee per participant
- £1,950 (GBP)
- Payment
- By invoice and bank transfer
- Registration closes
- 15 May 2027
- Who it is for
- Power utility chief financial officers and financial controllers; Tariff setting analysts and economic regulation directors; Commercial operations…
- Certificate
- Certificate of completion
- In-house option
- Run it for your team, on your dates
On this page 12 sections
Programme Overview
State-owned power utilities across developing and transition economies face structural liquidity constraints, legacy balance-sheet liabilities, and persistent commercial losses. This intensive four-day executive course in Istanbul delivers operational methods for utility financial recovery, revenue protection, and cash-flow predictability. Participants evaluate the mechanics of power sector financial turnaround, examining regulatory accounting principles, operational loss drivers, and creditworthiness benchmarks necessary to satisfy international development finance criteria while maintaining social equity.
The curriculum addresses the technical requirements of designing cost-reflective tariffs and multi-year tariff trajectories. Financial analysts and sector planners explore cost-of-service study methodologies, revenue requirement calculations, and cross-subsidy phase-out schemes. Delegates examine capital expenditure recovery, fuel price indexation formulas, and performance-based regulatory mechanisms. Training modules guide attendees through practical stress testing of corporate utility balance sheets under foreign exchange volatility and macroeconomic fluctuations.
Participants also examine revenue cycle management and commercial loss mitigation frameworks. The programme investigates the deployment of Advanced Metering Infrastructure, billing collection enforcement, bad debt provisioning, and contractual escrow controls. Through practical modelling and policy alignment exercises, participants develop actionable financial turnaround roadmaps and internal operational controls designed to secure enterprise liquidity, rehabilitate utility credit standing, and meet disbursement-linked indicators tied to sovereign energy programmes.
Public electricity utilities in Central Asia, particularly within Tajikistan, operate under acute pressure to achieve operational sustainability while servicing substantial sector debts. The national power sector turnaround initiatives, supported by development partners through programmes such as the Tajikistan Power Utility Financial Recovery project and its Additional Financing, demand rapid institutional modernization. Achieving the financial recovery targets, implementing cost-recovery tariff paths, and establishing rigorous cash-waterfall mechanisms require utility managers and ministry officials to adopt robust commercial governance tools immediately.
Delivered by Risalat Consultants International in Istanbul, Turkey, it combines expert-led sessions, real cases and group work, so that participants can apply what they learn in their own institution.
The Programme Strengthens Institutional Capability
- International financial reporting requirements and regulatory asset base accounting for utilities
- Determining utility revenue requirement using the economic building-block regulatory framework
- Cost-of-service study methodologies: unbundling generation, transmission, and retail supply costs
- Capital expenditure planning, depreciation schedules, and weighted average cost of capital estimation
- Practical laboratory: Calculating regulatory revenue gaps and financial equilibrium indicators
- Structure of cost-reflective retail electricity tariffs: energy, capacity, and customer charges
- Designing multi-year tariff paths with automatic fuel and foreign exchange indexation mechanisms
- Customer categorization, load profiling, and the financial impact of commercial cross-subsidisation
- Theory of change and results chains
- Logical frameworks and results frameworks
- SMART indicators, baselines and targets
- Data collection methods and tools
It is designed for power utility chief financial officers and financial controllers, tariff setting analysts and economic regulation directors, commercial operations and revenue protection managers and others who want practical, current skills in monitoring and evaluation.
- Inputs
- Activities
- Outputs
- Outcomes
- Impact
The Growing Importance of Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul
Governments and financiers want to know what changed, not only what was spent. Results frameworks, indicators and credible evidence now decide how programmes are judged and whether they receive further funding.
Many teams collect large amounts of data but struggle to turn it into decisions. Strong monitoring and evaluation links activities to results, shows progress early and supports learning across the institution.
Organisations increasingly require professionals capable of:
- Design results frameworks with measurable indicators
- Collect and check data that can be trusted
- Analyse progress and explain variances
- Plan and manage evaluations
- Use evidence to adjust plans and report results
Strong monitoring and evaluation systems help organisations:
- Show results clearly to financiers and citizens
- Detect delays and problems early
- Improve the quality of decisions
- Meet reporting and evaluation requirements
This Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul programme brings these elements together in a practical format, so that participants understand not only what good practice looks like but also how to introduce it in their own setting, with the people and resources they have.
Who Should Attend This Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training?
This programme is designed for:
- Power utility chief financial officers and financial controllers
- Tariff setting analysts and economic regulation directors
- Commercial operations and revenue protection managers
- Ministry of Energy and water resources policy advisors
- Energy sector regulatory agency commissioners and economists
- Donor-funded project implementation unit (PIU) financial specialists
- Utility debt management and treasury operations officers
- Internal audit directors and commercial risk managers
- Distribution company billing and collection department heads
- M&E officers and managers
- Project and programme managers
- PIU staff responsible for reporting
The programme suits experienced professionals as well as those moving into new responsibilities. Groups that mix institutions and countries are encouraged, because participants learn a great deal from each other’s experience.
Tick what your team needs to be able to do.
Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training Objectives
Upon successful completion of this Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training, participants will be able to:
- Compute utility revenue requirements using standard building-block economic regulation models
- Formulate multi-year cost-reflective tariff structures incorporating targeted lifeline subsidies
- Construct operational financial recovery action plans compliant with international financial covenants
- Deploy commercial loss reduction frameworks integrating Advanced Metering Infrastructure technologies
- Establish ring-fenced cash-waterfall accounts and liquidity management controls for power distribution
- Structure balance-sheet debt reprofiling strategies to restore power enterprise corporate solvency
- Design rigorous billing, collection, and customer delinquency enforcement protocols for revenue assurance
- Build a theory of change and results chain for a programme
- Design a results framework with SMART indicators
- Set baselines, targets and means of verification
Each objective is practised during the programme through exercises, cases or group work, so that participants leave able to do it, not only to describe it.
Programme Contents and Structure
- International financial reporting requirements and regulatory asset base accounting for utilities
- Determining utility revenue requirement using the economic building-block regulatory framework
- Cost-of-service study methodologies: unbundling generation, transmission, and retail supply costs
- Capital expenditure planning, depreciation schedules, and weighted average cost of capital estimation
- Practical laboratory: Calculating regulatory revenue gaps and financial equilibrium indicators
- Structure of cost-reflective retail electricity tariffs: energy, capacity, and customer charges
- Designing multi-year tariff paths with automatic fuel and foreign exchange indexation mechanisms
- Customer categorization, load profiling, and the financial impact of commercial cross-subsidisation
- Mitigating social impacts: designing targeted lifeline tariffs and direct social benefit transfers
- Scenario modelling: Evaluating consumer demand price elasticity and aggregate revenue yield
- Mapping revenue cycle leakages from bulk energy dispatch to consumer payment collection
- Commercial loss detection strategies using metering diagnostics and energy balance verification
- Advanced Metering Infrastructure (AMI) and prepayment systems: economic appraisal and rollout
- Designing collection enforcement policies, disconnection rules, and dispute resolution workflows
- Key performance indicators: setting targets for collection efficiency and days sales outstanding
- Designing cash-waterfall mechanisms, escrow facilities, and settlement structures for sector off-takers
- Balance-sheet rehabilitation: debt reprofiling, interest capitalization, and sovereign debt novation
- Managing foreign currency exchange exposure and long-term donor-funded project financial covenants
- Drafting institutional Financial Recovery Action Plans (FRAP) with monitorable sector milestones
- Action clinic: Formulating a comprehensive utility commercial turnaround and solvency roadmap
Full day-by-day contents
The programme runs over 4 days. Each day combines expert input, practical work and a closing workshop or case study:
- First Day: Day 1: Utility Accounting, Revenue Requirements, and Cost of Service
- Second Day: Day 2: Tariff Design Methodologies, Affordability, and Subsidies
- Third Day: Day 3: Commercial Loss Reduction and Revenue Cycle Management
- Fourth Day: Day 4: Cash-Flow Ring-Fencing, Debt Restructuring, and Turnaround Plans
Full day-by-day contents
First Day | Day 1: Utility Accounting, Revenue Requirements, and Cost of Service
- International financial reporting requirements and regulatory asset base accounting for utilities
- Determining utility revenue requirement using the economic building-block regulatory framework
- Cost-of-service study methodologies: unbundling generation, transmission, and retail supply costs
- Capital expenditure planning, depreciation schedules, and weighted average cost of capital estimation
- Practical laboratory: Calculating regulatory revenue gaps and financial equilibrium indicators
Workshop: Day 1: Utility Accounting, Revenue Requirements, and Cost of Service: Applying It to Your Institution
Working in small groups, participants apply the day's methods to examples from their own institutions and agree practical next steps.
Second Day | Day 2: Tariff Design Methodologies, Affordability, and Subsidies
- Structure of cost-reflective retail electricity tariffs: energy, capacity, and customer charges
- Designing multi-year tariff paths with automatic fuel and foreign exchange indexation mechanisms
- Customer categorization, load profiling, and the financial impact of commercial cross-subsidisation
- Mitigating social impacts: designing targeted lifeline tariffs and direct social benefit transfers
- Scenario modelling: Evaluating consumer demand price elasticity and aggregate revenue yield
Workshop: Day 2: Tariff Design Methodologies, Affordability, and Subsidies: Applying It to Your Institution
Working in small groups, participants apply the day's methods to examples from their own institutions and agree practical next steps.
Third Day | Day 3: Commercial Loss Reduction and Revenue Cycle Management
- Mapping revenue cycle leakages from bulk energy dispatch to consumer payment collection
- Commercial loss detection strategies using metering diagnostics and energy balance verification
- Advanced Metering Infrastructure (AMI) and prepayment systems: economic appraisal and rollout
- Designing collection enforcement policies, disconnection rules, and dispute resolution workflows
- Key performance indicators: setting targets for collection efficiency and days sales outstanding
Case Study: Day 3: Commercial Loss Reduction and Revenue Cycle Management in Practice
Participants analyse a realistic case, compare the choices made with good practice and draw lessons they can use in their own setting.
Fourth Day | Day 4: Cash-Flow Ring-Fencing, Debt Restructuring, and Turnaround Plans
- Designing cash-waterfall mechanisms, escrow facilities, and settlement structures for sector off-takers
- Balance-sheet rehabilitation: debt reprofiling, interest capitalization, and sovereign debt novation
- Managing foreign currency exchange exposure and long-term donor-funded project financial covenants
- Drafting institutional Financial Recovery Action Plans (FRAP) with monitorable sector milestones
- Action clinic: Formulating a comprehensive utility commercial turnaround and solvency roadmap
Capstone Exercise: Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Action Plan for Your Institution
Participants bring the week together in an action plan for their own institution, with priorities, owners and first steps, and present it for feedback from peers and facilitators.
Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training Methodology
The training is conducted through interactive technical presentations, regulatory tariff calculation workshops, and empirical problem-solving clinics. Participants examine practical financial spreadsheets, utility recovery case materials, and institutional governance frameworks. Working in small analytical teams, delegates complete quantitative calculations of revenue requirements, simulate tariff trajectories under exchange rate shocks, and draft utility-specific turnaround plans for presentation and peer review.
The programme combines:
- Expert-led sessions on current practice
- Regional and international case studies
- Group work and practical exercises
- Simulations and role plays where relevant
- Discussion of participants' own challenges
- Peer learning across institutions and countries
- Practical tools and templates to take back to work
- Daily reflection and action planning
Before the programme, a short pre-assessment helps the facilitators understand each participant’s role and priorities, so that examples and exercises can be adjusted to the group. Each day ends with a short reflection in which participants note what they will apply at work.
Expected Outcomes
Upon completion of this Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training, participants will be able to:
- Ability to calculate unbundled revenue requirements using verified cost-of-service calculation models
- Proficiency in structuring multi-year retail tariff trajectories that balance cost recovery with social protection
- Competence in designing ring-fenced revenue management architectures and off-taker payment waterfalls
- Capacity to execute revenue protection programmes to decrease non-technical commercial electricity losses
- Skills to negotiate and monitor debt restructuring terms alongside international development finance institutions
- Readiness to direct comprehensive utility financial turnaround plans aligned with national energy sector reforms
- Design results frameworks with measurable indicators
- Set baselines and targets that can be tracked
Participants leave with a personal action plan and practical tools they can use in their institution from the first week back. Institutions that send several participants can use the programme to agree shared methods and templates across teams, which makes improvements easier to sustain.
£1,950 per participant · invoice and bank transfer · groups of 5 or more receive a discount
Five or more from one organisation: ask for the group rate on the invoice request.
Ten or more: an in-house version for your institution may cost less per person. Ask for an in-house quote.
Registration closes in 188 days (15 May 2027)
Institutional Application of Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training
This programme supports organisations in strengthening:
- Results frameworks
- Indicator systems
- Data quality
- Evaluation planning
- Results reporting
Participants return with practical tools to improve:
- Indicator reference sheets
- Data collection tools
- Progress reports
- Evaluation terms of reference
- Learning reviews
The programme is built so that learning moves from the classroom into the institution. Participants work on their own processes and documents where possible, and leave with an action plan that their managers can review and support.
Regional Relevance & Application
Europe
European institutions apply monitoring and evaluation within detailed regulatory frameworks and reform agendas. Participants from Europe can compare their practice with colleagues from other regions and test how established methods work under different conditions.
Africa
Across Africa, ministries, agencies and project teams working in monitoring and evaluation increasingly operate alongside donor-financed programmes that expect clear systems and evidence. The programme helps participants adapt good practice to the institutions and resources they work with.
Middle East
In the Middle East, national development strategies and diversification plans place growing demands on monitoring and evaluation. Participants explore how to build the capability these plans need inside public bodies and companies.
Asia
Institutions across Asia combine rapid growth with ambitious modernisation programmes. Participants from Asia can share their experience of scaling systems quickly and learn from approaches used elsewhere.
Pacific
Small island and Pacific states face particular constraints of size, distance and capacity. The programme highlights practical, proportionate approaches to monitoring and evaluation that suit smaller institutions.
Holding the programme in Istanbul, Turkey brings participants together away from their daily pressures, so they can compare how monitoring and evaluation is handled in different settings. The same programme can also be delivered in-house for one institution, in its own country or online, with cases taken from its current work.
Host Country Profile – Turkey
Programmes, Workshops, Exposures, Training Courses in Istanbul, Turkey by Risalat Consultants International
Studying away from their own country gives participants time to focus, a fresh view of their own institution and the chance to build a network with colleagues from other countries.
Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training Deliverables
Participants receive support before, during and after the programme, so that preparation, learning and follow-up form one continuous experience.
Before the Programme
- Participant Pre-Assessment
- Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Readiness Assessment
- Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Resource Pack
- Preparatory Reading Materials
- Complimentary Visa Support & Advisory
During the Programme
- Airport Pickup & Welcome Assistance
- Accommodation with Breakfast
- Welcome Networking Dinner
- Risalat Training Kit (Bag, Bottle, Mug, T-Shirt, Cap, Passport Cover, Pens, Notebook, Magnet & Keychain)
- Comprehensive Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul Training Manual
- Theory of Change Template
- Indicator Reference Sheet Template
- Data Quality Checklist
- Evaluation Terms of Reference Template
- Practical Workshops & Simulations
- Group Discussions & Peer Learning
- Daily Lunch and Refreshments
- Full Access to Training Venue Facilities
- Mini Pad / Tablet with Digital Learning Materials
- Field Visit (where applicable)
- Entertaining City Tour
After the Programme
- Certificate of Completion
- Risalat Programme Participation Recognition Award
- Post-Training Reference Materials
- Results Framework Review Guide
- Progress Report Template
- Post-Training Support & Follow-Up Guidance
- Programme Report
Institutions can also request a tailored in-house version of this programme, delivered at their premises or online. Request a proposal.
Common Challenges in Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul, And How This Training Helps
How can institutions design results frameworks with measurable indicators?
The programme addresses this directly on the first day (Day 1: Utility Accounting, Revenue Requirements, and Cost of Service), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.
How can institutions collect and check data that can be trusted?
The programme addresses this directly on the second day (Day 2: Tariff Design Methodologies, Affordability, and Subsidies), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.
How can institutions analyse progress and explain variances?
The programme addresses this directly on the third day (Day 3: Commercial Loss Reduction and Revenue Cycle Management), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.
How can institutions plan and manage evaluations?
The programme addresses this directly on the fourth day (Day 4: Cash-Flow Ring-Fencing, Debt Restructuring, and Turnaround Plans), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.
How can institutions use evidence to adjust plans and report results?
The programme addresses this directly on the first day (Day 1: Utility Accounting, Revenue Requirements, and Cost of Service), where participants practise the methods involved and adapt them to their own institution, then build it into their action plan.
Frequently Asked Questions
When and where does the Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul programme take place?
It runs from 14 Jun 2027 to 17 Jun 2027, in Istanbul, Turkey. The registration deadline is shown at the top of this page.
Who should attend?
The programme is designed for power utility chief financial officers and financial controllers, tariff setting analysts and economic regulation directors, commercial operations and revenue protection managers, ministry of Energy and water resources policy advisors, and others who want practical skills in monitoring and evaluation.
Will I receive a certificate?
Yes. Participants who complete the programme receive a Certificate of Completion from Risalat Consultants International.
Can this programme be delivered for our institution only?
Yes. We can deliver a tailored in-house version at your premises, in another city or online, built around your own cases. Use the proposal request on this page.
Do I need prior experience in monitoring and evaluation?
No specialist background is required beyond experience in a related role. A short pre-assessment helps the facilitators adapt the sessions to the group.
Training courses in IstanbulWomen Empowerment training courses
Why Istanbul for this programme
Istanbul sits between Europe and Asia, with direct flights from most capitals and easy visas for many delegations.
The Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul programme in June 2027 brings together officials and professionals from across the Europe and Asia region and beyond. Sessions combine short inputs, case studies and group work on participants' own files, and the city's institutions can be added as a study visit on request.
Getting there: Istanbul Airport (IST).
Check whether you need a visa with the free Visa Checker, and ask for an invitation letter once you are registered.
The same topic in other cities
- Energy Sector Financial Recovery and Creditworthiness Frameworks in Vienna (Vienna)
- State-Owned Enterprise Governance Reform and Fiscal Risk Management in Dubai (Dubai)
- Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul (Istanbul)
- Power Utility Commercial Turnaround, Tariff Design and Cash-Flow Control in Istanbul (Istanbul)
- Water Utility Commercialisation, Tariff Design and Solar Pumping in Istanbul (Istanbul)
- Power Utility Financial Recovery & Loss Reduction Strategies in Sydney (Sydney)
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