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Regulatory Affairs Manager

3 months ago

Pune, Maharashtra, India First Energy (A Thermax Group Company) Full time

About First Energy Private Limited

Thermax expands its business in the renewable space

The fight against the biggest existential threat that is 'climate change' can be addressed if industries adopt clean energy and transition to more sustainable manufacturing practices.

Fostering our presence in the renewable energy segment, Thermax's group company, First Energy Private Limited (FEPL), is uniquely placed to help its customers in their energy transition journey. With this new infrastructure being set, Thermax will be diversifying its sustainable offerings with solar hybrid farms and storage batteries, catering to customers in the commercial and industrial space.

FEPL will partner with large and small industries that want to transition to clean energy and help them navigate their energy switch journey over a long period with customised off-grid solutions. The company will enter into long-term contracts with its customers backed with significant investments in building the power infrastructure.

Being a group company of Thermax, which carries over five decades of experience in the energy domain, FEPL commands an edge in understanding the unique energy matrix and designing a custom-made solution to suit different industries, applications, and energy management goals.

First Energy controls the entire energy corridor – from behind the meter to beyond the meter. This assures dependable and reliable green power for its customers round-the-clock (24x7x365).

The FEPL logo – the combination of blue and green symbolises sustainability and solidarity respectively, and its elements denote offerings that fit well for various utilities and applications.

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Requirements-

1. Knowledge of intra-state open access policies and regulations, especially captives and group captives

2. Working knowledge of CERC Connectivity and GNA regulations 2022, for interstate sale and purchase of power

3. Computation of landed cost of electricity under Intra-state and inter-state open access transactions

4. Ability to do policy analysis of open access market in key states

5. Knowledge of ISTS project development and regulations/policy framework applicable

6. Preferable to have prior experience of working with nodal agencies (such as MNRE, MoP, state energy development authorities, solar and wind associations)

7. Tracking of state and central level tariff notifications (Multi Year Tariff frameworks, ARR and Tariff order filings) 8. Working knowledge of rooftop solar markets (regulations, business models such as capex/opex)

Qualification - Energy studies – any field

Competencies / Key Skills Required -

1. Research competencies including writing skills for regulatory submissions to nodal agencies

2. Strong technical and analytical skills

3. Strong written and oral communication skills especially customer interactions and technical report writing skills

4. Passion for working in an open, sharing, and constructive environment where colleagues' welcome opportunities to assist each other, respect others' opinions while solving challenging technical problems

5. Willingness to travel (10-25% is typical)

Experience - 6 – 8 years

Interested candidates may send their application to