EBDG - Power Sales & Trading- Senior Manager

Job description

**About Business** **JOB DESCRIPTION** **Adani Group:** In recent years, we have evolved from a new player in power generation to India’s largest private thermal power producer, with a capacity of 15,250 MW and a 40 MW solar project in Gujarat. It has created a world-class logistics and utility infrastructure portfolio that has a pan-India presence. Adani Group is headquartered in Ahmedabad, in the state of Gujarat, India. Over the years, Adani Group has positioned itself to be the market leader in its logistics and energy businesses focusing on large-scale infrastructure development in India with O & M practices benchmarked to global standards. With four IG-rated businesses, it is the only Infrastructure Investment Grade issuer in India. **Adani Power Limited (APL):** Adani Power Limited (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India.We have a power generation capacity of 15,250 MW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, and a 40 MW solar power project in Gujarat. **Job Purpose:** This role is responsible for overseeing and managing the sales, open access, and contractual obligations for short-term tenders, as well as handling daily power trading operations by collaborating with both internal and external stakeholders to maximize profitability and efficiency, while also maintaining compliance with regulatory standards. **Responsibilities** **Team Lead - Sales, Billing and Licence** **Tender Analysis And Participation** Analyze monthly tender data from state-wise utilities to understand requirements and plan for participation. Assess available capacity based on quarterly and yearly Operations and Maintainence (O&M) projections. Review tender terms and conditions, identify risk factors, and highlight them for management review. Float approval notes to the management for tender participation as per the Delegation of Authority (DOA). Manage one-time registration for new plants on online portals and handle payments for participation. Address clarifications from utilities and update management on critical points via email. Coordinate with the Company Secretary for board resolutions required for tender participation. Oversee the technical and financial bid qualification process, including support for Ernest Money Deposit (EMD) and Bank Guarantee (BG) submissions. Monitor reverse auction proceedings, perform competitor analysis, and make strategic decisions based on market intelligence. Prepare and submit Letters of Intent (LOI) and review Power Purchase Agreements (PPAs) drafted by team members for accuracy and compliance. Communicate effectively with utilities regarding any clarifications and maintain meticulous records of these communications. **Open Access Management** Manage short-term open access contracts, ensuring compliance with buyer agreements and utility requirements. Coordinate with utilities to determine the mode of power take-off, whether under General Network Access (GNA) or Temporary General Network Access (TGNA). Conduct continuous contract monitoring from the start of the power supply, ensuring customer power off-take aligns with contract. General Network Access (GNA) Contracts Verify delivery points and create contracts based on the receiving substations' requirements. Create and approve contracts on the Web-Based Scheduling (WBS) platform and ensure RLDC approval for power flow commencement. Temeporary General Network Access (TGNA) Contracts Apply for power flow applications through the National Open Access Registry (NOAR). Ensure applications are submitted within the stipulated timelines and that Regional Load Dispatch Center (RLDC) approvals are diligently pursued and received. **Contract Monitoring** Monitor daily power off-take by buyers and record data accurately in the system. Notify buyers promptly if off-take falls below the contracted 85% threshold. Ensure uniformity in off-take patterns and manage communication with buyers accordingly. Request power requirements from buyers two days before execution and coordinate accordingly. **Collective Transactions** Manage daily bidding activities on Indian Energy Exchange for collective transactions. Coordinate availability confirmation from plants on Day-2 and Day-1. Optimize trading strategies based on market dynamics and trade analysis reports from ELECOR. Facilitate direct negotiations with buyers to secure premium rates and ensure timely trade execution. Supervise Real-Time Market (RTM), Day Ahead Market (DAM), and Term Ahead Market (TAM) activities as per market conditions. **Long Duration Contracts** Facilitate the submission and management of long-duration contracts on exchanges, ensuring compliance with timelines and commitments. Participate in reverse auctions, monitor competing bids, and strategize to secure optimal rates. Coordinate with buyers for prompt confirmation post-auction and manage power flow commencement timelines. **MIS Management** Generate and circulate MIS reports to CEO and senior management, detailing power sales, revenue generated, and plant-wise performance. Compile monthly trading analytics and sales reports across bilateral, term ahead, day ahead, and real-time markets. Provide insights for future planning and decision-making based on exchange market performance. **Energy Trading (Power Sales To Other Adani Group Companies)** Facilitate the purchase of power from wind and solar generators, acting as an intermediary to supply power to other Adani Group companies such as AEML, consumer products, ports, and Ambuja Cement. Negotiate terms and conditions to establish contracts that meet the needs of both the power generators (seller