Mercados EMI - Manager - Policy & Regulatory

About Mercados Energy Markets India Pvt. Ltd:

Mercados Energy Markets India Pvt. Ltd. (Mercados) is a specialist consultancy firm, exclusively focused on business solutions in the energy and environment domain.

Having begun our operations in India in 2008 supporting clients across the energy sector, we strive to promote efficient and sustainable energy markets; design effective regulations and assist energy businesses to succeed. Our approach integrates innovative, state-of-the-art techniques with practical, tailor-made solutions to solve current energy sector challenges. We have permanent offices in New Delhi (head office), Mumbai and Lucknow.

Mercados has presence across the Energy Value Chain and serves Clients both in the public and private domain, with its dedicated team of over 100+ (and counting) professionals. Mercados boasts of having successfully completed 600+ assignments for its esteemed clients, while it tirelessly strives towards adding many more feathers to its cap.

We have two broad verticals, namely 'Management Consulting' and 'Enterprise SaaS'. While the Management Consulting Vertical provides leading edge Advisory solutions to generation companies with over 42 GWs of conventional and renewable energy-based capacities, distribution companies with over 54 million consumers and large industrial consumers; the Enterprise SaaS Vertical aims at offering tailor-made digital solutions, power portfolio management, generation planning and algorithmic trading solutions - jouleOS- to Utilities in India.

Our Consulting portfolio envelopes diverse segments like 'Strategy and Business Growth', 'Policy, Economic Analysis and Regulations', 'Planning, Energy Markets & Simulation Models', 'Transaction Advisory Services', 'Integrated Energy Supply Services' and 'Performance Improvement (Utility Management Services)'.

B. About the Role:

We seek an experienced professional with at least 5 years of relevant experience in the Power industry (esp. in Power Distribution/Power Purchase Management, Commercial & other Regulatory Issues). He shall utilize his/her expertise in taking lead in assignment execution, client relationship management, team mentoring and business development activities in the Policy & Regulatory segment under the Management Consulting vertical.

The 'Manager - Policy & Regulatory' is a mid-level position in the Company, and shall be a part of the dynamic, high performing team within our 'Management Consulting' division. As a key member of 'Policy & Regulatory", and reporting to the Director - Management Consulting, the key (broadly indicative) expectations from the Manager- Policy & Regulatory shall be as under:

- Lead, Plan, manage and carry out assignments, making optimum use of company resources to achieve high levels of client satisfaction.

- Mentoring the locational junior team by building cohesive environment and providing on-job training to the team members to achieve timelines deliverables quality.

- Generate new business leads and opportunities to meet agreed targets by building client relationships, identify business opportunities from new and existing clients, write and cost project proposals, make verbal and written client presentations and conduct appropriate follow-up to secure the business.

C. Role & Responsibilities :

- Should be able to do multi-tasking on assignments, BD responsibilities and be able to deliver in typical consulting environment.

- Should possess strong set of techno-commercial competencies, thought leadership and people leadership, client focus and relationship.

- Should have expertise in financial/tariff modelling of Power Utilities (especially power generation & coal supply/management business).

- Should have experience of supporting Distribution State/Private Utilities/ Electricity Departments for regulatory matters related to policy/ regulatory matters, tariff matters, regulatory due-diligence, power purchase, PPA scrutiny & review, commercial, techno-commercial aspects of business development in power distribution segment, change in-law, parallel licensing, renewable energy, bid evaluation and regulatory/statutory (EA 2003) compliances would be preferable.

- Should be able to do guide team / manage/ update crucial data base related Energy policies, regulatory framework, category wise tariff at different states, various orders approved by SERC/CERC/APTEL/ Supreme Court, etc. (Related to change in law, PPA, etc.), power market status, PPA & FSA status, demand/supply position, recently discovered RE tariffs, etc.

- Should be flexible to work in additional areas such as bid advisory, financial appraisal, performance monitoring, etc.

- Should have assisted multiple power sector clients such as Private/ State/ Central Generators/ Electricity Regulatory Commissions, Government & Private Power Utilities, electricity consumer associations.

- Should be updated about the latest trends/changes in the power sector regulatory scenario including the new policy notifications, Electricity Act Amendments, new Regulations, key judgements of higher

courts, etc.

- Should have Strong written and oral communications skills.

- Should have Excellent interpersonal skills to manage both internal as well as external stakeholders

D. Required skill set:

- MS Office proficiency (word, excel and power point)

- Expertise in policy/ tariff/ regulatory matters/ power purchase/ commercial/ generation/ coal business in Power Distribution/Generation

- Prior power sector consulting experience in a firm of repute preferred.

E. Education and Experience:

- Manager - 5 to 7 years

- BE/ B. Tech (preference to Electrical/Mechanical) and/ or MBA (Finance/ Power/Energy). CA/ CMA are also encouraged to apply

F. Work Location :

- Base location shall be Mumbai, Maharashtra. However, the role would require the applicant to undertake travel for pursuing various opportunities.

G. Remuneration Structure :

- We offer a motivation based and competitive reward package.