Senior Manager

About Mercados Energy Markets India Pvt. Ltd :

Mercados Energy Markets India Pvt. Ltd. (Mercados) is a specialist consultancy firm, exclusively focused on business solutions in the energy and environment domain. Having begun our operations in India in 2008 supporting clients across the energy sector, we strive to promote efficient and sustainable energy markets; design effective regulations and assist energy businesses to succeed.

Our approach integrates innovative, state-of-the-art techniques with practical, tailor-made solutions to solve current energy sector challenges.

We have permanent offices in New Delhi (head office), Gurgaon, Mumbai, Ahmedabad and Lucknow. Mercados has presence across the Energy Value Chain and serves Clients both in the public and private domain, with its dedicated team of over 170+ (and counting) professionals.

Mercados boasts of having successfully completed 800+ assignments for its esteemed clients. Mercados operates under two broad verticals, namely 'Management Consulting' and 'Enterprise SaaS'. While the Management Consulting Vertical provides leading edge Advisory solutions to generation companies with over 42 GWs of conventional and renewable energy-based capacities, distribution companies with over 54 million consumers and large industrial consumers : the Enterprise SaaS Vertical aims at offering tailor-made digital solutions, power portfolio management, generation planning and algorithmic trading solutions - "Joule OS" - to Utilities in India.

Our Consulting portfolio envelopes diverse segments like 'Strategy and Business Growth', 'Policy, Economic Analysis and Regulations', 'Planning, Energy Markets & Simulation Models', 'Transaction Advisory Services', 'Integrated Energy Supply Services' and 'Performance Improvement (Utility Management Services)'.

About the Role :

- Implementation & Operation of IT Systems : Lead the end-to-end implementation, operation, and optimization of IT systems for energy accounting and verification of power generator bills, ensuring accuracy, compliance, and operational efficiency.

- Project Monitoring & Execution : Monitor and manage all project activities as per the defined scope of work, ensuring on-time delivery, stakeholder coordination, and adherence to quality standards.

- Domain Expertise - Regulatory & Commercial : Provide comprehensive domain expertise on regulatory and commercial aspects of the Indian power sector.

- Ensure all system features and functionalities align with current rules, market structures, and commercial practices.

- Incorporate update requirements w.t policies changes, recent judgement/orders, regulatory guidelines, and commercial frameworks to ensure the IT system remains compliant, relevant, and effective.

- Energy Accounting & Billing Management : Oversee IT system support for energy accounting, generator billing, and DSM (Demand Side Management) billing processes within power distribution utilities.

- Advisory & Strategic Support : Offer expert advisory and consulting services to power sector stakeholders, driving improvements in energy accounting and billing through IT solutions.

- Coordination with key agencies such as SLDCs, STUs, RLDCs, and GRID-INDIA as and when
required to ensure seamless integration and alignment of IT systems across the electricity value chain.

- Technical Oversight & Problem Solving : Resolve technical and operational issues in system deployment, ensuring high system availability, data accuracy, and user satisfaction.

Detailed expectations from the role :

- Proven experience in managing, implementing, or supporting IT systems related to power procurement, energy scheduling, and billing for power distribution companies in India.

- A strong understanding of power purchase processes, generator billing, and energy accounting is essential.

- In-depth knowledge of regulatory and commercial aspects of the Indian power sector, including policies, compliance requirements, and market mechanisms.

- Hands-on experience with IT systems supporting state-level energy accounting within distribution utilities.

- Familiarity with IT systems used for DSM (Demand Side Management) billing in distribution companies.

- Experience working with or understanding the IT system requirements of key power sector entities such as SLDCs (State Load Dispatch Centers), STUs (State Transmission Utilities), RLDCs (Regional Load Dispatch Centers), and GRID-INDIA.

Required skill set :

- Proven experience in managing, implementing, or supporting IT systems related to power procurement, energy scheduling, and billing for power distribution companies in India.

- A strong understanding of power purchase processes, generator billing, and energy accounting is essential.

- In-depth knowledge of regulatory and commercial aspects of the Indian power sector, including policies, compliance requirements, and market mechanisms.

- Hands-on experience with IT systems supporting state-level energy accounting within distribution utilities.

- Familiarity with IT systems used for DSM (Demand Side Management) billing in distribution companies.

- Experience working with or understanding the IT system requirements of key power sector entities such as SLDCs (State Load Dispatch Centers), STUs (State Transmission Utilities), RLDCs (Regional Load Dispatch Centers), and GRID-INDIA.

Education and Experience :

- BTech/ MTech with MBA (Finance)

- More than 15 years' experience in providing consultancy services and advisory assistances to power sector entities.

Location : Base location shall be Lucknow Uttar Pradesh