Consultant

Indian Renewable Energy Development Agency Limited; Khordha; Remote; INR 508,000 - 608,000; Part time

Job summary

Indian Renewable Energy Development Agency Limited (IREDA) invites a Consultant to be engaged at its Bhubaneswar, Odisha branch. The role focuses on coordinating operations, enhancing clientage and streamlining lending processes from proposal to disbursement, with emphasis on profitable project execution and strong stakeholder liaison.

The engagement is for six months on a contract basis, with a consolidated monthly fee of Rs.50,000, plus reimbursement of local conveyance, communication, and

Qualifications

• Qualification: B-Tech/ M-Tech/ CA/ ICWA/ MBA (Finance) with a good academic record.

Responsibilities

• Coordinate for IREDA’s Branch Office operations in Odisha.
• Maintain and enhance clientage and assist in resolving operational issues of lending loans from proposal to disbursement.
• Catalyse the information flow from appraisal to disbursement to improve profitability.
• Enhance project monitoring with better observation of customers, site engineers and contractors.
• Reduce loan execution time by analysis at Head Office and authorized branches/ camps for signature.
• Strengthen communication between State Electricity authorities and stakeholders.
• Obtain necessary information from customers to enhance business potential.

Education

B-Tech/ M-Tech/ CA/ ICWA/ MBA (Finance)

Job description

Internal

Sub: Engagement of Consultant (on contract basis) for IREDA’s Branch Office inBhubaneswar, Odisha

1. Introduction

Indian Renewable Energy Development Agency (IREDA) is a specialized public sector financial institution under the administrative control of Ministry of New & Renewable Energy, MNRE, Government of India dedicated for financing Renewable Energy (RE) and Energy Efficiency / Conservation projects in India and has been playing pivotal role in developing renewable energy.IREDA has been maintaining its leadership position in Renewable Energy space for more than 33 years and developing several innovative financial schemes/solutions for meeting the market requirement from time to time.IREDA has its Branch office in Bhubaneswar, Odisha for catering the Eastern part of India. To spearhead the activities of the Branch office, IREDA intends to appoint a Consultant for its Branch Office in Bhubaneswar with an overall aim to increase IREDA’s business in Eastern region in Renewable Energy and Energy Efficiency space.

2. Role and Responsibility of the Consultant to co-ordinate for the following in the state of Odisha:

• To maintain and enhance the clientage of IREDA.
• To assist for resolving and streamlining various operational issues of lending loans at various stages from proposal to recovery.
• To catalyze process of information from appraisal, execution, documentation and disbursement in order to improve profitability.
• To enhance the project monitoring process by better observation of the customers, project site engineers and contractors.
• To reduce the loan execution time by doing the analysis work at Head Office and authorized branch / camp offices for signature (after getting required approval from Head Office).
• To strengthen the communication between State Electricity authority and stakeholders.
• To seek out necessary information from customers to enhance business and service potential.

The scope of work is indicative only and IREDA reserves the right to add/change the scope for the service as per organizational requirement.

3. Eligibility Criteria & Other Conditions

Qualification The candidate should be a B-Tech/ M-Tech/ CA/ ICWA/ MBA (Finance) with a good academic record.

Experience The candidate should have at least 20 years of experience in NBFCs / Financial Institutions / PSUs / Government Departments in Power sector

Age The applicant should be upto 64 years of age.

4. Period of Engagement

The Consultant shall be engaged initially for a period of six (06) months from the date of engagement, which can be extended depending upon the performance and organizational requirement.

5. Remuneration

Professional Fee of Rs.50,000/- per month (Consolidated)

Following additional amounts would be reimbursed on certification basis :

• Local Conveyance of Rs.10,000/- per month
• Communication Expenses of Rs.5,000/- per month
• Out of Pocket Expenses of Rs.5,000/- per month

TA/DA, if applicable, for travelling on outstation official assignments will be as per IREDA rules as applicable to E-7 Level official of IREDA. However, in case of retired Government/PSU officials, the TA/DA shall be equivalent to the corresponding levels at the time of his/her superannuation.

6. Reporting

Reporting to Designated Officer at IREDA’s Head Office, New Delhi / Official posted at Branch Office, Bhubaneswar, Odisha.

7. General Condition

The candidate should be clear from Vigilance point of view from all the employer organization(s) in which he/she has served for last ten years.