Regulatory Affairs Specialist

12 hours ago


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

Mercados Energy Markets India requires a skilled 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 Expectations
  • ePetition Filing and Compliance: Prepare and file ARR, Tariff Petition, True-up Petition, and Annual Performance Review Petition for Discoms, ensuring compliance with outstanding directives issued by SERC and preparing 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, providing 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, and 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, performing data analysis and validating data for accuracy.


Required Skills
  • 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 needed, and 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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