Associate GM - Power Trading

- To manage power trading for both internal and external clients on the Power Exchanges; deciding bidding strategy and developing the relations ship with clients. Acquiring new clients for growing the power trading bilateral/ exchange business.

- Undertake activities for distribution License for SEZs planned by Group in Hyderabad, Tamil Nadu

- Tracking & understanding of new business opportunities in Power Distribution Sector

- Strategize on Power Trading & associated processes for Medium & Long Term Trade.

- To trade Renewable Energy Certificate trading every month; dealing with issues related to PAT (Perform, Achieve, and Trade); and cross-subsidy.

- Exploration of opportunities with existing buyers & undertake to convert prospects through business development & interaction with various intermediaries having common business interests.

- Participate in short term tenders issued by various utilities & Industrial consumers.

- Monitor developments in transmission sector for corridor availability to ensure transaction viability.

- Undertake to provide the market pulse for establishing optimum transactions.

- Establish Power Sale Arrangements from Internal Power Generating Assets to maximize revenue through continuously tracking tenders & power purchase strategy of various utilities & industrial consumers.

- Timely preparation of Offer/bid documents including standard terms & conditions

- To manage all commercial activities – booking of transmission corridor as per the Letter of Intent,

- Billing of all transactions as per the billing schedule, managing payments – clients (Bilateral / Power Exchange Participants) and energy bill settlement exactly in accordance with the terms of the contracts, and within the designated timelines.

- Long Term/ Medium term billing

- Ensure timely receivable from the buyers.

- Daily review of cash flow

- Ensuring Payment Security Mechanism averting the payment risks, Scheduling of power and payment receipts

- To manage the Team and the business to achieve the Annual Operating Plan Goals. Reviewing and updating the power trading processes regularly.

- Roistering of duties; and ensuring availability of adequate manpower at all times; conducting sunrise meetings for advance preparation for the day’s business activities by thrashing out probable / impending operational issues.

- To manage compliance of the required Regulatory norms (reporting and compliance obligations), keeping track of new Regulations; Studying Cross subsidy and conducting in-depth discussions on proposed draft Regulations through internal presentations; Providing Regulatory inputs directly/indirectly affecting Power Markets & trading business.

- Keeping update of Sector information which helps in optimizing business process and also useful in strategic discussions. Preparing and supplying feedback on proposed Regulations to CERC; coordinating the preparation of CERC Petitions; attending hearings at CERC.

- Manage the business excellence knowledge with regard to customer engagement, service level agreements with internal and external clients, and knowledge management.

- Managing, Reviewing and updating the risk mitigation plan of power trading business.

- Follow the enterprise policies on risks, delegation of powers, processes and manage the risks (volume, payment, receivables & penalties etc.)