Chief Operating Officer (COO)
Job Description:
ABOUT SPV ENERGY AND PROJECTS PVT LTD
SPV Energy and Projects Pvt Ltd is building India's first integrated clean energy intelligence platform —
combining utility-scale IPP development (SPV Power), EPC and C&I energy supply (SPV Solutions), and an
AI/SaaS platform for utility analytics (SPV Intelligence). With active projects in Mizoram and Nagaland, a capital
raise underway, and a five-year roadmap to $500M+ group valuation, the Founder is managing multiple
simultaneous workstreams across project finance, investor relations, platform strategy, government relations, and
SPV Intelligence development.
Location:- 2/1 Outram Street, 2nd Floor
Kolkata – 700017
(Near St. Xavier’s College back gate, near Anamika Khanna – White Building)
COMPENSATION DETAILS
ROLE:- Chief Operating Officer
1- Base Salary: Up to ₹50 Lakh per annum (experience-dependent)
2- Performance Bonus: Up to 30% of base, linked to COD milestones
3 - ESOP: 1–2% of SPV Power / SPV Energy and Projects Pvt Ltd, 4-year vesting with 1-year cliff
4- Location: Kolkata HQ with regular travel to project sites (NE India) and Delhi
5- Reporting To: Founder & Managing Director
THE ROLE
The COO is the most critical hire SPV Energy will make. The founder is simultaneously closing financing on a 30
MW portfolio, developing a 20 MW Nagaland project, building the SPV Intelligence platform, and preparing for a
capital raise — and needs a seasoned operator to own the execution of the Power business entirely. This is a true
co-pilot role: you will run the operational business so the founder can build the $500M company.
This is not a back-office role. You will be in Mizoram, Nagaland, Kolkata, and Delhi. You will negotiate with
DISCOM officials, manage EPC contractors, report to lenders, and build the team. In return, you get founder-level
equity upside in a platform business at the ground floor.
WHAT YOU WILL OWN
- Full operational accountability for the Mizoram 30 MW and Nagaland 20 MW projects from financial close
through COD — contractor management, procurement, DISCOM interface, lender reporting
- O&M framework and performance monitoring once projects reach COD — SCADA, preventive
maintenance, generation reporting
- DISCOM and state government relationships in Northeast India — MSPDCL, DPNPDCL, APDCL, MePDCL
and relevant SERC/state electricity boards
- Regulatory clearances and compliance across all active project states — forest clearances, CEA approvals,
grid connectivity, RLDC/SLDC coordination
- Development pipeline execution: land acquisition, DPR preparation, PPA negotiation for Wave 1 expansion
into Meghalaya, Manipur, and Assam
- Hiring and managing the Project Development Lead and Head of O&M as the team scales
- Lender reporting and compliance for IREDA, NEDFi, and any future project finance lenders
WHAT WE ARE LOOKING FOR
Non-Negotiable Experience
- 50–200 MW of solar (or hybrid) projects commissioned in India, ideally in challenging geographies — not
just managed from a corporate office
- Hands-on project finance experience: financial close, DSCR management, lender reporting, equity
drawdown coordination
- Direct DISCOM negotiation experience — PPA execution, grid connectivity, SLDC/RLDC coordination
- Regulatory navigation: CEA, SERC filings, forest and environment clearances, land acquisition in state
specific frameworks Strongly Preferred
- Prior experience at ReNew Power, Greenko, CleanMax, Hero Future Energies, Amp Energy, or a
comparable IPP platform at VP/GM/Project Director level
- Northeast or East India project experience — understanding of tribal land law, NE state electricity boards,
and NE-specific regulatory environment is a significant advantage
- Experience managing EPC contractors on ground-mount solar in difficult terrain (hills, forests, limited road
access)
The Person
- Wants operator ownership, not just a title — comfortable being accountable for delays, contractor disputes,
and regulatory roadblocks
- Can represent SPV Energy credibly with institutional lenders (IREDA, REC, IFC) and state-level officials
simultaneously
- Drawn to the equity upside of a platform company at the ground floor, not just a salary
Company Profile
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