Regulatory Support Specialist

2 weeks ago


Lucknow, Uttar Pradesh, India Mercados Energy Markets India Full time
About the Role

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
Public Hearing Representation
  • 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
Analysis and Review Petitions
  • 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
Data Collection and Analysis
  • Develop data collection formats and gather necessary data from each utility
  • Perform data analysis and validate data for accuracy
Required Skill Set

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 Experience

Relevant work experience of at least 6 years preferably in Management Consulting

BE/B. Tech is mandatory

MBA is preferred

Work Location

Lucknow, Uttar Pradesh

Remuneration Structure

We offer a motivation-based and competitive reward package



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