Business Development- Power Trading- Renewable Energy, Mumbai

Job Description:

Position : Business Development – Power Trading

Location : Mumbai

Power Trading:

• Candidate must be well conversant with Power Exchange Regulations and Open Access Regulations.
• Handling entire power trading activities
• Derivation of surplus power availability, bid preparation and bid submission on power exchanges (DAM/G-DAM/RTM/TAM)
• Application processing under Firm/Day-ahead/Contingency and receipt of Approvals
• Getting open access approvals and scheduling of power.
• Regular coordination with NOAR/RLDC/SLDC/DISCOM’s for open access approvals for timely scheduling of power under T-GNA/GNA.
• Establish entire power sale arrangements of surplus power from internal generating assets and Strategy formulation for sale of power in the market.
• Drafting, negotiating and finalizing short/medium term power purchase agreements (PPA)
• Finalizing Energy accounts based on implemented schedules, reconciliation with State Energy Account, Regional Energy Account and DISCOM bills.
• Billing of all transactions as per billing schedule, Co-ordination for timely payments and energy bill settlement in accordance with the terms of agreements and within designated timelines
• Tracking of revisions in schedules and Co-ordination with Nodal agency for proper scheduling of power
• Candidate should have experience of trading power on different platforms
• Candidate to ensure adherence to regulatory requirements and guidelines set by CERC and appropriate authorities. Stay updated on regulatory changes and its implications.
• Handling central/state/DISCOM issues
• Managing Compliances of required regulatory norms (Reporting and compliance obligations)
• Experience in building and maintaining relationships with customers, government agencies, and other stakeholders to ensure smooth operations and resolve issues promptly.
• Should possess updated information on industry trends and market data.
• Should work closely with cross-functional teams to achieve business targets and organizational goals.

Ideal Skills:

• 7 – 10 yrs years of experience.
• Experience in power trading, scheduling, billing.
• In-depth knowledge of open access policies, regulations, and market dynamics in India.
• Excellent interpersonal skills and technical skills to work closely with other teams.
• Excellent communication, negotiation, and presentation skills
• Team collaboration and conflict resolution skills