Sr. Manager/ Manager- Management Consulting (Regulatory)

Mercados Energy Markets; Chennai District; On-site; INR 2,500,000 - 4,200,000; Full time

Job summary

Mercados Energy Markets in Chennai seeks a Senior Manager/Manager in Management Consulting to lead regulatory, tariff, PPA, and cost optimization projects for distribution and generation utilities.

You will analyze policy impacts, prepare ARR/MYT petitions, and deliver client-ready reports and presentations. Open to travel; MBA with 4+ years in power regulatory matters preferred.

Qualifications

• Graduation (Any) with MBA.
• At least 4 years of experience in power purchase and state regulatory matters.
• Preference for Tamil Nadu experience.

Responsibilities

• Stay updated on energy policies, regulations and incentives.
• Prepare and submit comments on petitions from Generating Companies/stakeholders.
• Analyze policy implications and advise on project impact.
• Develop ARR and MYT petitions using data from relevant departments.
• Deliver client-ready presentations, reports and recommendations.
• Support project execution and ensure timely high-quality deliverables.
• Engage with clients in discussions/meetings as needed.

Skills

Energy policy

Tariff modeling

Regulatory due-diligence

PPA approvals

Financial analysis

Power sector knowledge

Client management

Data analysis

Presentations

Team collaboration

Education

MBA

Graduation (Any)

Job description

A. About the Role:

The Senior Manager / Manager Management Consulting will be responsible for execution of assignments in Regulatory, Policy, Tariff (MYT filing), PPA approvals, optimization of fuel cost or Commercial related matters pertaining to Generation, and Distribution Utilities. Bid Process management for procurement of power for distribution licensees, Preparation of papers/ concepts on initiative/ projects, assessment of the initiative/ project, internal feasibility of the project etc. Advising on the Amendments in the different Regulations, Acts, Policies, and Plan etc. and periodic review of regulatory developments in SERC/ CERC/ CEA/ MOP. Power point presentations for clients top management to represent in the webinars/Seminars.

B. Detailed expectations from the role:

• The Senior Manager / Manager – Management Consultant will be reporting to the Project Leader, the key (broadly indicative) expectations shall be as below:
• Stay updated on energy policies, regulations and incentives, particularly related to power generation, power purchase, renewable energy, etc.
• Proficiency in preparing and submitting comments on petitions from Generating Companies and stakeholders regarding tariff determination and true-up processes.
• Analyze policy implications, assess their impact on project development and provide recommendations to clients.
• Competence in developing Annual Revenue Requirement (ARR) and Multi-Year Tariff (MYT) petitions based on input data from relevant departments.
• Work closely with clients to understand their requirements, provide consulting services and deliver solutions aligned with their objective of the assignment.
• Prepare client presentations, reports and effectively communicate findings and recommendations.
• Support in execution of projects in co-ordination with team leader and team members, ensuring submission of quality deliverables within timelines.
• Client interactions/ discussions/ meetings whenever necessary

C. Required skill set

• Should be able to do multi-tasking on assignments and be able to deliver in typical consulting environment.
• Must have experience in financial and tariff modeling specific to the power sector.
• Should possess hands-on experience in working on policy, regulations, regulatory due-diligence, PPA approvals, Fuel cost related analysis, credit rating etc. for Govt./ Private power Utilities.
• Should have assisted multiple power sector clients such as Private/State/Central Generators/ Electricity Regulatory Commissions/Rating Agencies, Government & Private Power Utilities, electricity consumer associations etc.
• Should stay well-informed about the latest trends and developments in the power sector regulatory landscape, including new policy notifications, amendments to the Electricity Act, and emerging regulations.
• Must possess strong written and verbal communication skills.
• Should demonstrate excellent analytical and problem-solving abilities.
• Must have a proven ability to work effectively both independently and collaboratively within a team.
• Should be proficient in data analysis and adept at using presentation tools.Must have expertise in conducting in-depth research.

D. Education and Experience

• Graduation(Any) with MBA.
• At least 4 years of experience in power purchase and state regulatory matters of power sector.
• Preference will be given to candidates having experience of working in Tamil Nadu.

E. Location

• Chennai
• Open to travel for project execution and management

F. Remuneration Structure

• We offer a motivation based and competitive reward package.