Assistant Manager – Energy Trading (India) Markets

  • Wakad, Pimpri-Chinchwad, Maharashtra, India
  • Full-time

Company Description

Customized Energy Solutions (CES), a privately-held company, is a leading service provider of market intelligence and operational support services to companies participating in the retail and wholesale electric and natural gas markets. Utilizing deep know-how developed since the inception of the deregulated energy markets, CES provides accurate & timely analysis on regulatory changes, market opportunities, and operational efficiencies for electricity and natural gas commodities.

We started our India operations as Customized Energy Solutions India Pvt. Ltd in 2010. We work with commercial and industrial customers to help reduce their energy costs through better utilization of the energy markets and emerging technologies. We have helped bring innovative energy services such as demand response to India. We are pioneering in exploring integration of latest technologies such as energy storage, microgrids as well as smart grid maturity model to Indian consumers.

Join a rapidly growing company in an exciting and dynamic work environment. As one of the top 100 fastest growing companies in the Philadelphia region, Customized Energy Solutions offers an opportunity for significant professional growth. Our team of associates at CES is highly motivated, innovative, and passionate about providing excellent Services to our clients.  Our main office is in Philadelphia, with satellite offices in various U.S. states, Canada, India, Japan and in India.

Job Description

Energy Trading is the business line of Customized Energy Solutions which focuses on providing Services / Solutions to Commercial and Industrial Consumers in reducing their Energy Costs via Open Access. Customized is also a Trader Member on Indian Energy Exchange and certified Energy Trader and is actively working the field of Renewables, Energy Access and Sustainability. 

Position Responsibilities:

  • Keeping abreast of Regulations, change in regulations both at national and specific State level and their impact to the end consumers
  • Preparatory Tasks for Open Access (Infrastructure Replacement / NoC and other Clearances and Approvals required from the SLDC/Discom)
  • Exchange Bid Preparation and Bids Submission
  • Data Repository and Data Management
  • Client’s Bill Settlement & Verifications and Summary after Energy Adjustment (RE + Px)
  • RE Developers Invoice and RE Allocation for Consumers; RE Accounting and Billing
  • Co-ordination between Client and RE Developer – Energy Balance and Payments Reconciliation
  •  Co-ordination with Clients and Stakeholders
  • Regular meeting with existing clients
  • REC Sale Purchase Co-ordination Activities
  • Consulting Assignments - Provide data analysis support for project execution in the energy sectors – renewable energy, energy access and Battery Energy Storage Solutions.
  • Support business development initiatives in energy consulting opportunities including but not limited to proposal writing and data analysis
  • Support to Finance and Accounts Team for invoicing clients
  • Vendor Management
  • Regulatory Filings, Audits
  • Actively Engage with clients across the country and maintain a growing pipeline of customers

Other Areas of Work Include:

Policy, Regulations, Tariffs, Power Purchase Agreements, Commercial and Financial Due diligence, technical viability assessment (to a limited extent), Renewable Energy, Sustainability, Climate adaptation & mitigation strategies, Consulting Reports etc.

Qualifications

BE/ B-Tech., M.B.A. (Power) Preferable

  • University degree with prior experience of Indian power sector
  • 5+ years of experience in contracting with Generators and Independent Power Producers, Distribution Utilities, and large Commercial & Industrial Consumers
  • Ability to quickly grasp the commercial aspects of the transaction and identify workable solutions for risk mitigation
  • Excellent interpersonal and communication skills, with the ability to gain understanding through listening, and to communicate technical concepts clearly
  • Experience in developing network and conclude value creating business
  • Strong analytical/quantitative skills
  • Fluent in MS Office
  • Good Planning & organizing skills, time management, attention to detail, takes initiative
  • Problem solving attitude
  • Highly motivated in reaching the assigned target and objectives
  • Demonstrated high levels of integrity, sound judgement and an honest and ethical approach

Additional Information

Customized Energy Solutions offers competitive salary commensurate with experience.  Benefits include comprehensive health Insurance, disability insurance, gym membership, Employee Provident Fund Scheme and Gratuity Scheme.