Regulatory Support Specialist
2 weeks ago
Mercados Energy Markets India requires a seasoned Regulatory Support Consultant to provide comprehensive support in handling various day-to-day and routine regulatory matters related to regulatory bodies and other authorities such as SERC, CERC, MOP, MNRE, CEA, and GoUP.
Detailed ExpectationsRegulatory Support- Prepare and file ARR, Tariff Petition, True-up Petition, and Annual Performance Review Petition for Discoms
- Ensure compliance with outstanding directives issued by SERC and prepare compliance reports
- File the MYT Petition for the next control period during the engagement and submit FPPCA petitions to the Commission
- Prepare petitions in accordance with SERC regulations, covering performance trajectory, sales and demand forecast, and investment and financing plans
- Attend public hearings on Tariff Proposals of Discom as directed by Discom
- Provide detailed written replies to objectors' suggestions and queries from SERC during the Public Hearing
- Analyze MYT/Tariff Orders issued by SERC and assess the approval of costs versus claims, presenting rationales for disallowance and financial/operational impact assessments
- Assist in filing review petitions before SERC, if required
- Handle filing and responses to petitions before CERC and represent Discom during public hearings
- Develop data collection formats and gather necessary data from each utility
- Perform data analysis and validate data for accuracy
Provide day-to-day support for regulatory matters concerning SERC, CERC, MOP, MNRE, CEA, SAC, GoUP, etc.
Prepare and file petitions (ARR, Tariff, True-up, Annual Performance Review) for Discoms falling within the contract period
Ensure compliance with SERC directives and file MYT Petition for the next control period
Analyze MYT/Tariff Orders and assist in filing review petitions if necessary
Analyze draft and final regulations, orders, and notifications, recommending necessary action
Education and ExperienceRelevant work experience of at least 6 years preferably in Management Consulting
BE/B. Tech is mandatory
MBA is preferred
Work LocationLucknow, Uttar Pradesh
Remuneration StructureWe offer a motivation-based and competitive reward package
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