Business Head - Vietnam

0 years

0 Lacs

Posted:3 days ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Responsibilities

Business Strategy & Growth: Define and execute the strategy for Vietnam, aligned with corporate objectives and market dynamics.Identify opportunities for capacity expansion, fuel diversification, and efficiency improvement.Identify and evaluate greenfield project opportunities aligned with corporate objectives and Vietnam’s energy roadmap.Build business cases and secure internal approvals for investment.Drive capital planning and financial structuring to ensure project viability.P&L Ownership: Deliver financial performance targets including EBITDA, ROCE, and cash flow. Ensure disciplined capital allocation and cost competitiveness.Annual Operating Plan & Budgeting: Lead preparation of AOP and capital budgets; prioritize investments for modernization, reliability, and compliance.Commercial Management: Negotiate the PPAs, tariff negotiations, dispatch optimization, and settlement accuracy with EVN and system operators.Implement automation solutions to support overall organisational goals / strategy.Lead end-to-end project origination: site identification, feasibility studies, and securing land.Negotiate and finalize Power Purchase Agreements (PPAs), fuel supply contracts, and EPC frameworks.Implement digitalization, automation solutions, advanced analytics, and predictive maintenance to enhance cost efficiency and reliability, in alignment with the Group’s vision.Ensure bankability of projects through robust risk assessment and structuring.Negotiate directly PPAs, tariff structures, dispatch and settlement, and commercial performance with EVN/System Operator; ensure optimal scheduling and balancing.Evaluate market opportunities (Green field, brownfield acquisitions, BOT/IPPs, repowering, fuel switching, co-firing) and lead business cases and investment approvals.Monitor fuel price trends and market dynamics; hedge/structure supply contracts to reduce volatility and ensure cost competitiveness.Build and mentor high-performing teams; succession planning for critical roles (operations, maintenance, commercial, HSE).Embed performance discipline, cross-functional collaboration, and a continuous improvement mindset.Ensure compliance with labor laws and promote local talent development.Participate in skill development programs (technical and behavioural).Support knowledge transfer and mentoring within the team.Actively engage in organizational change initiatives (e.g., digitalization, lean practices).Assemble a project development team for engineering, procurement, and regulatory functions.Recruit key leadership for construction and operations readiness.Foster a culture of performance, compliance, and safety from project inception.Promote local talent development and ensure adherence to labor laws.Analyzing deviations between actual vs. budgeted performance helps identify inefficiencies and risks early.Preventing financial leakages and ensuring investments align with site strategy. Obtain all statutory approvals and permits (generation license, environmental clearance, grid code compliance).Engage with EVN, MOIT, and provincial authorities to secure tariff approvals and regulatory support.Represent the company in policy discussions and industry forums to influence favourable outcomes.Managing internal and external auditors at the site level, making "audit readiness" a daily operational requirement.Identifying the financial risks that could impact the plant's generation capacity or profitability.Ensuring all site financial activities follow the Delegation of Authority (DoA), preventing unauthorized expenditures or regulatory breachesBuild and maintain strong relationships with government agencies, lenders, investors, and fuel suppliers.Secure financing through banks, DFIs, and strategic investors; manage lender due diligence and documentation.Drive contract negotiations for EPC, O&M, and LTSA agreements ensuring cost competitiveness and risk mitigation.Present decision-ready insights during SRMs, Investment Committees, and leadership reviews; communicate risks/opportunities and corrective actions.

Qualifications

Education: B.E./B.Tech in Mechanical/Electrical/Chemical Engineering.MBA/PGDM (Finance/Strategy preferred).

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