Assistant General Manager - Procurement & Contracts

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

Position Title - Assistant General Manager - Procurement & Contracts
Experience- 10-20 yearsQualification- Engineering degreeLocation- Gurugram

Roles & Responsibilities-

• Strong communication and writing skill for contracting (LoA, Term Sheet, Definitive Agreement) to award a contract to OEM and developer / BOP contractor.
• Negotiation / deal closure attitude with the OEM / developer for the transaction.
• Discussion & closure of Division of Responsibilities (DoR) with Developer / Contractor, Project Schedule, Payment Terms, etc.
• Knowledge and experience of working with WTG OEM / IPP or reputed Developer or contractor in the contracting / negotiation work.
• Aware of key development in the Wind Industry alongwith compliances, state specific laws for development of Wind Projects.
• Analytical skill to evaluate a business proposal and find the risk and its mitigation plan.
• Presentation skill - able to develop and present a power point presentation for a transaction, identifying the key aspects of deal, commercials analysis, market analysis and other related finding.
• Market intelligence - details of new vendor, key development, business model, execution challenges etc etc.
• Calculation of Levelized Cost of Energy (LCoE) towards feasibility of any WTG for a project, incorporating all requisite inputs
• Co-ordination towards release of payments, reconciliation of any payment
• Contract Management - Tracking the contracting milestone, follow up, meeting, negotiation & closure of settlement agreement, Liquidated Damages, etc
• Discussion with Internal stakeholders on different documents/specifications shared by the OEM (including related to Grid, Installation, transportation, erection & commissioning)
• Co-ordinating between internal and external stakeholders for different types of documents/manuals/specifications and closure of clarifications/queries related to such documents.