Chief Operating Officer

About the Company

Prozeal Green Energy Limited is committed to providing innovative solutions in the renewable energy sector, focusing on Engineering, Procurement, and Construction (EPC) and Independent Power Producer (IPP) projects. Our mission is to drive operational excellence and sustainable growth while fostering a culture of safety and continuous improvement.

About the Role

The Chief Operating Officer (COO) will be responsible for providing strategic leadership and overseeing all operational aspects of Prozeal Green Energy Limited, with a primary focus on the Engineering, Procurement, and Construction (EPC) business and the burgeoning Independent Power Producer (IPP) projects. The COO will drive operational excellence, ensure efficient project execution, manage risks, and spearhead growth initiatives in alignment with the company's strategic objectives.

Responsibilities

• Strategic Leadership & Operational Excellence

• Develop and implement comprehensive operational strategies to achieve company objectives, focusing on both EPC and IPP segments.
• Drive operational excellence across all functions, optimizing processes for efficiency, quality, and cost-effectiveness.
• Lead the execution of the company's growth strategy, including market expansion and diversification into new green energy solutions.
• Foster a culture of continuous improvement, innovation, and safety throughout the organization.

• EPC Project Management & Execution

• Oversee the entire lifecycle of EPC projects, from bidding and contract negotiation to design, procurement, construction, and commissioning, ensuring projects are delivered on time, within budget, and to the highest quality standards.
• Champion the "Plug-and-Play" solar park model, streamlining land acquisition, approvals, and infrastructure development.
• Manage relationships with EPC clients, subcontractors, and suppliers, ensuring strong partnerships and effective collaboration.
• Implement robust project management methodologies and tools to track progress, manage resources, and mitigate risks.

• IPP Project Development & Management

• Lead the development and execution of IPP projects, including group captive and third-party power plant models, from site identification and feasibility studies to financial closure, construction, and long-term operation.
• Oversee the negotiation and management of Power Purchase Agreements (PPAs) and other critical contracts for IPP projects.
• Ensure optimal performance and profitability of operational IPP assets, focusing on energy generation, O&M efficiency, and revenue maximization.
• Develop strategies for expanding the IPP portfolio, including exploring new technologies and business models.

• Risk Management & Mitigation

• Identify, assess, and mitigate operational, financial, and strategic risks associated with EPC and IPP operations.
• Develop and implement comprehensive risk management frameworks and contingency plans.
• Ensure compliance with all contractual obligations, performance guarantees, and regulatory requirements.
• Address risks related to supply chain, subcontractor performance, land acquisition, and regulatory changes.

• Financial & Commercial Oversight

• Work closely with the CFO to develop and manage operational budgets, monitor financial performance, and control costs for EPC and IPP projects.
• Ensure accurate cost estimation and pricing strategies for EPC contracts to maintain profitability.

• Stakeholder Management & Collaboration

• Build and maintain strong relationships with key stakeholders, including clients, investors, regulatory bodies, financial institutions, and local communities.
• Represent the company in high-level negotiations and discussions.
• Foster collaboration across internal departments (engineering, procurement, construction, O&M, finance, legal) to ensure seamless project execution and operational efficiency.

• Market Expansion & Business Development

• Work closely with BD team and support business development efforts to secure new EPC contracts and identify opportunities for IPP project development.
• Explore and evaluate opportunities for market expansion, including domestic growth and selective international forays.
• Stay abreast of market trends, competitor activities, and emerging technologies in the renewable energy sector.
• Contribute to the development of new service offerings and diversification strategies.

• Talent Management & Team Leadership

• Provide strong leadership to the operations team, fostering a high-performance culture and promoting professional development.
• Recruit, train, and retain top talent in EPC and IPP project management and execution.
• Set clear performance expectations and provide regular feedback to team members.
• Promote a safe, inclusive, and ethical work environment.

• Regulatory Compliance & Safety Standards

• Ensure full compliance with all applicable laws, regulations, and industry standards for EPC and IPP operations, including environmental, health, and safety (EHS) regulations.
• Work closely with QHSE Team to implement and maintain robust EHS management systems across all project sites and operational facilities.
• Promote a strong safety culture and ensure adherence to best practices to prevent accidents and incidents.
• Liaise with regulatory authorities and ensure timely acquisition of all necessary permits and approvals.

Qualifications

• Educational Background

• Mandatory: Bachelor's degree in Electrical Engineering from a recognized institution.
• Preferred: Master's degree in Business Administration (MBA), Engineering Management, or a related field.

• Professional Experience

• Minimum of 15 years of progressive operational leadership experience, with at least 10 years in a senior management role overseeing large-scale EPC projects and/or IPP operations, preferably in the renewable energy sector (solar PV experience is highly desirable).
• Proven track record of successfully managing complex EPC projects from conception to commissioning, including experience with fixed-price contracts.
• Demonstrated experience in developing and operating IPP projects, including PPA negotiation, financial structuring, and asset management.