Junior Manager - Power Trading

Accountabilities

Key Performance Indicators

Short Term Power Sales:

• Power Sales through Bilateral & Collective transactions (IEX, PXIL & HPX).


• Strategy for power sales -Power exchange/Bilateral


• Client acquisition


• Scheduling of power as per the grid code


• Sale of untied capacity from internal assets.


• Revenue Maximization through TAM/LDC


• Regular interaction with officials of various SEBs, CERC, SERCs, SLDCs, RLDCs, RPCs, Power grid on electricity related techno-commercial issue


• DISCOM Relationship, Policy advocacy, Payment follow-up and Dispute settlement

Volumes (MUs) & Per Unit realization

Power Market Regulatory and Intelligence

• Regulatory Update, keeping team updated on any regulatory updates like GNA/T-GNA, Act and policy.


• Analysis of current short term/Long Term market conditions, transmission Corridor availability.


• Electricity Act 2003, GRID Code, Open Access Regulation, Tariff Regulation, UI/Deviation Settlement Mechanism, Connectivity Regulation, GNA/T-GNA Charges and Losses Regulation.


• Study of generation and transmission outages, short term volume transacted and prices.


• CERC Form 4,MIS reports & reports on CEA, IEX & PXIL

• Keeping and providing updates regarding transmission congestion/MTOA/ and keeping track on all routes of power scheduling.

On Going.

Power Sale (Optimization & Reporting) 

• Power sales optimization dashboard-compilation and analysis

• MIS Technical Reports/Studies/PPTs

•  Renewable Energy portfolio management-REC reporting and updates


• Preparation of management dashboard against revenue from power sales and portfolio management.


• Sales mix, sales strategy, sales target, risk/inhibiting factors towards power sale

Keeping track on internal power sales and per unit costing and competitive analysis against the same.

Revenue & realization

Short Term Bidding /Market Capture

• Checking/Monitoring/Co-ordination for submission of bids on live bidding platform


• Provide market intelligence on grid status, short term demand supply position, transmission congestion, UI status and fixing bidding rates of internal & external power for bidding in power exchanges


• Contract preparation for new business areas like REC/ Power exchange

External - Roles  you need to interact with outside the organization to enable success in your day to day work

Utilities: CGM,CE, SE & below,  Load despatchers of state utilities

 CPPs/IPPs, other Power trading company’s employees.

Power Exchange: Head Operations/ Head BD

Regulators and RPCs : Member of Regulatory authorities

Consultants,  Peers in other companies

Assets, Plant HOD, Operation team of plant, Head SBUs

Plant operation, Asset/ SBU team

Legal team, Commercial & contracts, HRD, BCM Office

Finance & Accounts (regarding EMD, LC, BG & Billing)

IT and FMS

• Addition of new exchange clients, expansion of customer base (IPP, Discoms, Utilities, consumers)


• Exploration of new business, risk mitigation, tender analysis, gathering market intelligence accordingly fixing power sales strategy of internal assets.

• Graduate in Electrical Engineering. MBA in Power management Preferred.


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  3 - 7 years in all the aspects of power trading domain, commercial and business development department of power trading.