Senior Engineer - Energy Markets

Renew; Haryana; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

ReNew is seeking a Power Trading Operations professional to manage round-the-clock trading, execute transactions, and optimize the generation portfolio for revenue maximization in Gurugram.

The role requires a BE/BTech in Electrical/Power/Energy Management, familiarity with Indian markets and NOAR, and willingness to work in shift-based 24x7 operations.

Qualifications

• Bachelor's degree in Electrical Engineering, Power Engineering or Energy Management.
• Knowledge of Indian power markets and regulatory frameworks.
• Familiarity with NOAR and power exchange operations.

Responsibilities

• Manage round-the-clock power trading and market operations.
• Submit bids across DAM, RTM, TAM, and related markets.
• Support generation portfolio optimization for revenue maximization.
• Analyze power market trends, prices, volumes, and participants.
• Coordinate with SLDCs, RLDCs, and other stakeholders for transactions.
• Prepare MIS reports and provide insights to management.

Skills

Analytical skills

Coordination

Education

Bachelor's degree in Electrical Engineering / Power Engineering / Energy Management

Job description

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

Job Summary

The role involves managing round-the-clock power trading operations, executing transactions across multiple power market platforms, optimizing the generation portfolio for revenue maximization, and ensuring compliance with central and state regulations. The incumbent will coordinate with multiple stakeholders to support efficient and compliant power trading activities.

Key Responsibilities

• Manage round-the-clock shift operations for power trading and market operations activities.
• Handle registration and compliance on NOAR, Power Exchanges, REC Registry, and other relevant central and state agency portals.
• Submit bids across various power market segments such as DAM, RTM, TAM, and other applicable markets.
• Support generation portfolio optimization to maximize revenue through effective market participation.
• Analyze power market trends related to prices, volumes, and market participants across different segments.
• Assess power demand and supply scenarios at national and state levels.
• Coordinate with consumers, market participants, SLDCs, RLDCs, and other stakeholders for power transactions and sale opportunities.
• Track and analyze central and state electricity regulations, ensuring operational compliance and awareness of regulatory changes.
• Prepare MIS reports and provide operational insights to management.

Qualifications & Skills

• Bachelor's degree in Electrical Engineering / Power Engineering / Energy Management or a related field.
• Basic to working knowledge of Indian power markets and regulatory frameworks.
• Familiarity with NOAR, power exchange operations, scheduling, and settlement processes.
• Strong analytical and coordination skills.
• Willingness to work in shift-based / 24x7 operations.

Location and Experience

• Location: Gurugram
• Experience: 1-4 Years