To lead and manage all commercial, contractual, claims-related activities & Procurement across thermal/gas/oil power/renewable energy projects, ensuring risk mitigation, contract compliance, cost control, and maximization of project profitability throughout the project lifecycle.

Key Responsibilities:

1. Contract Management

- Lead pre-award and post-award contract management for thermal power projects (coal, gas, captive, supercritical/ultra-supercritical).

- Review, negotiate, and finalize O&M, EPC, BOP, OEM, fuel supply, and service contracts.

- Ensure contracts align with company risk, commercial, and legal policies.

- Interpret contract terms and provide guidance to project and execution teams.

2. Commercial Management

- Develop and control project budgets, cost estimates, and cash flow forecasts.

- Monitor billing, revenue recognition, variation orders, escalation, LDs, and penalties.

- Ensure timely invoicing, certification, and collections from clients.

- Manage price adjustment mechanisms (fuel, forex, indexation, taxes & duties).

3. Claims & Dispute Resolution

- Identify contractual risks and opportunities proactively.

- Prepare, evaluate, and negotiate claims, counter-claims, and change orders.

- Lead dispute resolution through amicable settlement, arbitration, or litigation (with legal teams).

- Maintain proper contractual documentation and correspondence.

4. Tendering & Bidding Support

- Support business development during tender evaluation, bid strategy, and commercial submissions.

- Review tender conditions, payment terms, guarantees, liquidated damages, and risk allocation.

- Provide commercial inputs for bid pricing and contract deviations.

5. Compliance & Governance

- Ensure compliance with statutory, regulatory, and contractual obligations.

- Coordinate with finance, legal, procurement, and project teams.

- Implement best practices in contract administration and documentation.

6. Team Leadership

- Lead and mentor a team of commercial and contract professionals.

- Build standardized processes, templates, and SOPs for contract management.

- Conduct performance reviews and capability development.

Qualifications:

- Bachelor's degree in Engineering (Mechanical / Electrical / Civil preferred)

- MBA / PGDM in Commercial / Procurement / Material Management (or) LLB (preferred)

- Certifications in Contract Management - desirable

Experience:

- 18-25+ years of experience in commercial & contract / Procurement management

- Minimum 10+ years in thermal/gas/oil/renewable energy power projects (O&M / EPC / IPP / utility environment)

- Strong exposure to large-scale power projects (300 MW and above)

Key Skills & Competencies:

- Contract negotiation & drafting

- Claims management & arbitration support

- Strong commercial acumen & financial understanding

- Knowledge of FIDIC / Indian contract frameworks

- Risk assessment & mitigation

- Leadership & stakeholder management

- Excellent communication & documentation skills

Preferred Industry Background:

- Thermal Power (Coal / Gas) / Renewable Energy

- EPC Companies

- Power Utilities / IPPs

- Heavy Engineering & Infrastructure