Energy Market Strategist
3 weeks ago
The Energy Market Strategist for India Power will lead the power procurement and sales strategy to meet the company's operational and financial objectives. This role involves developing and executing strategies to optimize power purchasing costs, manage supply risks, and maximize revenue through power sales.
The incumbent is expected to bring strong leadership, technical expertise, and a deep understanding of power markets, energy trading platforms, and market regulations. S/he will oversee all activities related to power procurement and sales, including negotiations with power generators, independent power producers (IPPs), and wholesale market participants to secure favorable power purchase agreements (PPAs).
Key Responsibilities:
- Develop and implement short-term and long-term power procurement strategies to ensure reliable and cost-effective electricity supply.
- Lead the development of power sales strategies to maximize revenue by selling electricity to retail customers, other utilities, or through wholesale market participation.
- Negotiate and manage contracts with large-scale customers, retail utilities, and commercial or industrial clients for electricity sales.
- Implement hedging strategies to mitigate price volatility and manage risk associated with market fluctuations, fuel prices, and regulatory changes.
- Ensure all power purchase and sales activities comply with relevant regulatory frameworks, including state and central regulations (e.g., CERC, SERC), as well as environmental and renewable energy mandates.
Requirements:
- University Degree in Engineering, Business, or Finance, and a proven track record in energy trading, power procurement, or related fields.
- Strong leadership, technical expertise, and a deep understanding of power markets, energy trading platforms, and market regulations.
- Familiarity with renewable energy markets and carbon credit trading.
- Prior experience in power scheduling and detailed understanding of LDC operations.
- Effective contract management with counterparties like IPPs, Traders, IEX, STU, CTU.
- Familiarity with regulatory bodies and compliance requirements in the energy sector.
What We Offer:
- A dynamic and challenging work environment with opportunities for growth and development.
- A competitive salary and benefits package.
- The chance to work with a leading energy company and contribute to the growth and success of the business.
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