Job Title

1) About Mercados Energy Markets India Pvt. LtdMercados Energy Markets India Pvt. Ltd. (Mercados) is a specialist consultancy firm, exclusively focused on business solutions in the energy and environment domain. Since the beginning of its operations in India in 2008, Mercados has been supporting clients across the energy sector value chain. We strive to promote efficient and sustainable energy markets; design effective regulations and assist energy businesses to succeed. Our approach integrates innovative, state-of-the-art techniques with practical, tailor-made solutions to solve current energy sector challenges. We have permanent offices in New Delhi (head office), Gurugram, Mumbai, Ahmedabad and Lucknow and various Project offices across India.Mercados has a dedicated team of over 185+ (and counting) professionals and has successfully completed 800+ assignments for its esteemed clients. Mercados operates under two broad verticals, namely ‘Management Consulting’ and ‘Enterprise SaaS’. While the Management Consulting Vertical provides leading edge Advisory solutions to generation companies with over 42 GWs of conventional and renewable energy-based capacities, distribution companies with over 54 million consumers and large industrial consumers: the Enterprise SaaS Vertical aims at offering tailor-made digital solutions, power portfolio management, generation planning and algorithmic trading solutions – “jouleOS” - to Utilities in India.Our Consulting portfolio envelopes diverse segments like ‘Strategy and Business Growth’, ‘Policy, Economic Analysis and Regulations’, ‘Planning, Energy Markets & Simulation Models’, ‘Transaction Advisory Services’, ‘Integrated Energy Supply Services’ and ‘Performance Improvement (Utility Management Services)’.2) About the Role:Candidate should be able to assist in execution of assignments in Regulatory, Policy, Tariff, or Commercial related matters pertaining to Power Generation / Transmission / Distribution Utilities. The person will be responsible for the preparation of Petitions/ Orders involving Capital Investment, ARR, Tariff, FSA, Power Procurement/ PPA, etc. The candidate should be well-versed with the regulatory aspects as well as financial aspects required for undertaking such engagements. Advising on the amendments to different Regulations, Acts, Policies, and Plan etc. and periodic review of regulatory developments in SERC / CEA/ MOP would also be required. Candidate will be responsible for providing comprehensive support to Power Distribution Utility in all day-to-day and routine regulatory matters pertaining to Regulatory Commission. The key responsibilities of this role will include the following:3) Detailed expectations from the role:- Prepare and file ARR, Tariff Petition, True-up Petition, and Annual Performance Review Petition for all DISCOMs within the contract period. - Prepare petitions in accordance with SERC regulations, covering performance trajectory, sales and demand forecast, and investment and financing plans. - File the MYT Petition for the next control period during the engagement and submit FSA petitions quarterly to the Hon'ble Commission. - Providing support in public hearing/ preparation of data/ examination and analysis of the observations, etc. - Conduct various studies recommended by the commission (SERC), including cost-of-service studies for different categories or voltage levels. - Analyze MYT/Tariff Orders issued by SERC and assess the approval of costs versus claims, presenting rationales for disallowance and financial/operational impact assessments. - Assist in filing review petitions before SERC, if required. - Handle filing and responses to petitions before SERC during public hearings. - Analyze SERC orders pertaining to Power Distribution Utility, assess the impact, and recommend further action, including filing review petitions, if necessary. - Manager level position will have expectations to work in additional areas including business development. - Business Development & Outreach: Engage in business development activities, including preparing proposals, concept notes, discussion papers, and brochures. Actively support organizing roundtables, workshops, and stakeholder engagements. - Develop understanding of the power sector across domains including policy and regulatory, bid process, renewable, etc. - Assume responsibility of assigned tasks and lead them during execution. - Ensure the timely completion of assigned tasks and provide prompt assistance to team members. - Develop excel models, business presentations for senior management discussions - Support Teams in delivering engagements - Stay abreast with the latest developments in the sector - Work in different project teams to pursue the completion of the client deliverables with high quality and in agreed timelines.4) Required skill set- Proven experience in handling regulatory matters within the electricity distribution sector. - Familiarity with distribution schemes in the energy industry. - Ability to work on multiple engagements - Strong analytical and problem-solving skills. - Excellent communication and collaboration abilities. - Ability to develop and implement effective strategies. - Capacity to work independently and as part of a team. - Flexibility to adapt to dynamic and evolving requirements. - Strong interpersonal and Communication skills. - Proficiency in MS Office (Word, Excel and Power point)5) Education and Experience- BE/B. Tech (preferably in Electrical) and MBA (preferably in Power/ Finance) - Atleast 5 years for Manager6) Location- Base location shall be Hisar, Haryana.7) Remuneration Structure- We offer a motivation based and competitive reward package.**************************