Senior Manager/Manager

18 hours ago

Lucknow, Uttar Pradesh, India Mercados Energy Markets Full time ₹ 4,00,000 - ₹ 6,00,000 per year

A. About the Role

Mercados requires a skilled and experienced 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 UPERC, CERC, MOP, MNRE, CEA and GoUP.

B. Detailed expectations from the role

Petition Filing and Compliance:

  • Experience in submitting comments on Capital Cost Petitions of Generating Companies and assisting in the preparation of detailed reports outlining the consultant's views on agreed capital costs for power plants under the Memorandum of Understanding (MOU) route.
  • Proficiency in preparing and submitting comments on petitions from Generating Companies and stakeholders regarding tariff determination and true-up processes.
  • Participation in public hearings on petitions related to tariff determination, Multi-Year Tariff (MYT) plans, and true-ups for generating companies, with the ability to effectively represent the consultants viewpoints.
  • Strong analytical skills and the ability to provide insights on Power Purchase Agreements (PPAs), Supplementary PPAs, and Fuel Supply Agreements (FSAs).
  • Expertise in preparing competitive bidding documents for power procurement from various sources and evaluating bids received through the competitive bidding process.
  • Competence in developing Power Procurement Plans for Annual Revenue Requirement (ARR) and Multi-Year Tariff (MYT) petitions based on input data from relevant departments.
  • Experience in analyzing Renewable Purchase Obligation (RPO) compliance for UPPCL using data provided by concerned departments.
  • Skill in negotiating Power Purchase Agreements (PPAs) for both conventional and renewable power projects, as required by management.
  • Ability to ensure compliance with the Day-Ahead Market Block Schedule Transfer (DBST) methodology based on data from relevant departments.
  • Experience in preparing and managing the Merit Order Dispatch (MoD) stack, utilizing data from concerned departments.
  • Capability to compare and validate data prepared by the planning wing with data submitted in regulatory filings, ensuring consistency and accuracy.

C. Required skill set

  • Strong experience in managing and obtaining approvals for Power Purchase Agreements (PPAs), including Supplementary PPAs and Fuel Supply Agreements (FSAs).
  • Proficiency in preparing competitive bidding documents for the procurement of power from various sources.
  • Expertise in assisting with the evaluation of bids received under the competitive bidding process.
  • Ability to handle all aspects of regulatory and commercial activities related to power procurement and related agreements.

D. Education and Experience

  • Relevant work experience of over 10 years preferably in Management Consulting.
  • BE/B. Tech and MBA

E. Work Location

  • Lucknow, Uttar Pradesh

F. Remuneration Structure

  • We offer a motivation based and competitive reward package.

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