Strategic Policy Director

6 days ago


Lucknow, Uttar Pradesh, India Mercados Energy Markets India Full time

Company Overview:

Mercados Energy Markets India is a leading provider of regulatory support services in the energy sector. Our team of experts works closely with clients to navigate complex regulatory landscapes and ensure compliance with industry regulations.

About the Role:

We are seeking an experienced Regulatory Support Consultant to join our team. As a key member of our regulatory team, you will be responsible for providing comprehensive support in handling various day-to-day and routine regulatory matters related to regulatory bodies and other authorities.

Key Responsibilities:

  • Submitting comments on Capital Cost Petitions of Generating Companies and preparing detailed reports outlining your views on agreed capital costs for power plants under the Memorandum of Understanding (MOU) route.
  • Preparing and submitting comments on petitions from Generating Companies and stakeholders regarding tariff determination and true-up processes.
  • Participating in public hearings on petitions related to tariff determination, Multi-Year Tariff (MYT) plans, and true-ups for generating companies, effectively representing our viewpoints.
  • Providing insights on Power Purchase Agreements (PPAs), Supplementary PPAs, and Fuel Supply Agreements (FSAs).
  • Preparation of competitive bidding documents for power procurement from various sources and evaluation of bids received through the competitive bidding process.
  • Development of Power Procurement Plans for Annual Revenue Requirement (ARR) and Multi-Year Tariff (MYT) petitions based on input data from relevant departments.
  • Analysis of Renewable Purchase Obligation (RPO) compliance for UPPCL using data provided by concerned departments.
  • Negotiation of Power Purchase Agreements (PPAs) for both conventional and renewable power projects as required by management.
  • Ensuring compliance with the Day-Ahead Market Block Schedule Transfer (DBST) methodology based on data from relevant departments.
  • Management of the Merit Order Dispatch (MoD) stack, utilizing data from concerned departments.
  • Comparison and validation of data prepared by the planning wing with data submitted in regulatory filings, ensuring consistency and accuracy.

Requirements:

  • Over 10 years of relevant work experience preferably in Management Consulting.
  • BE/B. Tech and MBA qualifications.

Location: Lucknow, Uttar Pradesh

Salary: ₹1,200,000 per annum, commensurate with experience, plus a motivation-based reward package.



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