Analyst-Enterprise SaaS (Bid Process Management)

A. About the Role

The candidate would manage the power trade-desk for the client/utility for sale/purchase of power in Power Exchange (PXs) in energy exchange instruments such as DAM/TAM/RTM etc. The role involves, but not limited to, maintaining trade details, analyze real-time demand-supply gaps and preparation of Bids. As per general understanding, the above said role would require a fair understanding of grid monitoring, load forecasting, schedule optimization and power procurement/sale (trading) concepts of domestic electricity market. The key responsibilities of this role will include the following:

B.

• Preparing bids for trade (Buy/Sell) in DAM, TAM and RTM platforms based upon power portfolio optimization standards for utility/DISCOMs.
• Finalization & Placement of exchange bids as per clients SOPs through software/manually through trading stations.
• Monitoring and Analysis of Demand-Supply Gaps, Deviations in Schedules and Plant Outages on real-time basis for utility/DISCOMs.
• Scheduling of Generating Units based on merit order and using the dispatch optimization model
• Preparing and Maintaining daily buy/sell trade accounts/records through an established database
• Supporting the Client in activities related to energy trading and accounting.
• Must be open to working in Rotational Shifts
• The candidate must have a good understanding of Load Forecasting of State/Utilities/DISCOMs.
• The candidate must have a good understanding of Schedule Optimization of State/ Utilities/ DISCOMs.
• The candidate must have deep understanding of power trading platforms and products of energy exchanges.
• Experience in Bid Process Management, preparation and evaluation of bids.

C.

• Trading of power i.e sale/purchase of power in power exchange platform as per requirement of client including trading of Renewable Energy Certificates(RECs) & Energy Saving Certificates(ESCERTs) through Power Exchange to effectively harness the gains of Power Portfolio management findings, maximize power sale revenue and optimization of power purchase costs.
• At least 2 years of experience in power distribution sector - Experience in Energy/Power Portfolio Management projects with understanding of Grid Monitoring, Load Forecasting, Scheduling Optimization Power Procurement & Power Trading solutions.
• Preparation of bid documents to meet additional power requirements.
• Excellent communication skill and proficiency in MS Word/PPT/Excel.
• Previous experience of working in consulting environment would be a plus.
• Candidate worked in Energy Trading & Risk Management profile would be a plus.
• Candidate worked in DISCOMs would be a plus.
• The candidate having hands on experience in using SaaS solutions in power sector especially DISCOMs etc. would be a plus.

D.

• Bachelor Degree in Engineering/IT/Computers/Management/Power Management/Economics.
• At least 2 years experience

E. Location

• Base location shall be Chennai. However, the candidate may be required to travel anywhere in India.

F.

• We offer a motivation based and competitive reward package.