Product Manager-Power Markets

Mgrow; Dadri; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Mgrow is hiring to own power procurement and energy market products, including demand and price forecasting and automated bidding for C&I customers. You will partner with the founding team, engineering, data science, QA, and customers to deliver impact.

You will define workflows for bidding, settlement, and Open Access, while tracking KPIs and ensuring regulatory alignment with Indian markets. You will lead discovery, demos, pilots, and go-live with key clients.

Qualifications

• 4-7 years of experience with 2-3+ years in power procurement, Open Access, power trading, or energy-tech.
• Proven ability to write PRDs and user stories and manage UAT and releases.
• Experience with customer-facing SaaS or enterprise products.
• Knowledge of power exchanges, Open Access, wheeling, and related regulatory concepts.
• Strong analytical and stakeholder management skills.

Responsibilities

• Own the product lifecycle: requirement gathering, PRDs, user stories, roadmap, UAT, release, onboarding.
• Define workflows for power procurement, Day-Ahead and Real-Time Market bidding, bilateral procurement, scheduling, and settlement.
• Set requirements for demand and price forecasting, and track accuracy KPIs.
• Define configurable bidding rules and guardrails (price ceilings, risk limits, re-bidding).
• Track Indian power market regulations and reflect them in the product.
• Work with C&I customers on discovery, demos, pilots, UAT, and go-live.
• Define integrations with meter data, AMI, EMS, ERP, and billing systems.
• Build dashboards and track KPIs: forecast accuracy, savings, bidding success rate, and clearing percentage.

Skills

Analytics

Stakeholder management

PRD writing

User stories

UAT management

SaaS experience

Education

B.Tech/B.E. in Electrical/Electronics/Power/CS

MBA/PGDM/M.Tech preferred

Job description

About the Role

You will own our power procurement and energy market products: demand forecasting, price forecasting, and automated bidding on power exchanges for C&I customers. You will work directly with the founding team, engineering, data science, QA, and customers.

Key Responsibilities

• Own the product lifecycle: requirement gathering, PRDs, user stories, roadmap, UAT, release, and onboarding
• Define workflows for power procurement, Day-Ahead and Real-Time Market bidding, bilateral procurement, scheduling, and settlement
• Set requirements for demand and price forecasting, and track accuracy KPIs
• Define configurable bidding rules and guardrails (price ceilings, risk limits, re-bidding)
• Track Indian power market regulations (IEX, HPX, PXIL, CERC, SERCs, SLDCs) and reflect them in the product
• Work with C&I customers on discovery, demos, pilots, UAT, and go-live
• Define integrations with meter data, AMI, EMS, ERP, and billing systems
• Build dashboards and track KPIs: forecast accuracy, savings, bidding success rate, and clearing percentage

Requirements

• B.Tech/B.E. in Electrical, Electronics, Energy, Power, or Computer Science (MBA/PGDM/M.Tech preferred)
• 4-7 years of experience, including 2-3+ years in power procurement, Open Access, power trading, or energy-tech
• Strong experience writing PRDs, user stories, and managing UAT and releases
• Experience with customer-facing SaaS or enterprise products
• Working knowledge of power exchanges, bilateral procurement, Open Access, wheeling, banking, and cross-subsidy surcharge
• Strong analytical and stakeholder management skills

Good to Have

• Exposure to demand forecasting, ML, or optimization models
• Presales or solution consulting experience
• Startup or SaaS environment experience

Why Join Us

• Work directly with the cofounders and shape the product from the ground up
• Build products used at scale in the power sector
• Fast-paced, ownership-driven culture