Assistant General Manager- Bidding

About Company

ReNew is a leading decarbonization solutions provider and the first Indian clean energy company to list on Nasdaq (Nasdaq: RNW). With 16.3 GW of commissioned and pipeline utility-scale projects, we are a global company with strong Indian roots. Founded in 2011, ReNew is at the forefront of fighting climate change by offering decarbonization solutions through utility-scale wind and solar offerings, green hydrogen, carbon markets, and energy storage. ReNew has been a pioneer in leveraging digital technologies to accelerate the transition to green energy and address the unique requirements of the B2B segment in India, where we are the market leader. Our mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew is the world’s first clean energy company to be recognized as a Lighthouse by the World Economic Forum. In 2023, we were recognized among ‘Top 15 Climate Tech Companies to Watch’ by the MIT Technology Review. We are a recipient of the Sustainable Market Initiative’s Terra Carta Seal. The COP28 UAE Presidency presented ReNew the ‘Energy Transition Changemaker’ award for developing and deploying the country’s first round-the-clock power project. ReNew’s solar and wind energy projects currently contribute to 1.9% of India’s power capacity and are spread across 150+ sites and 18 Indian states. We have helped prevent 0.5% of India’s total carbon emissions and 1.1% of India’s total power sector emissions, in addition to generating around 130,000 jobs over the past decade

Job Description

Job Summary  
ReNew Pvt Ltd is seeking a dynamic and experienced professional for the role of Assistant General Manager (AGM) - Commercial & Strategy. The ideal candidate will have 8-10 years of experience in the renewable energy sector, with a strong background in project bidding, financial modeling, connectivity, regulatory affairs, and expertise in Battery Energy Storage Systems (BESS) and Round-the-Clock (RTC) projects. The role involves strategic planning, project execution, and day-to-day operations to drive the company’s growth in the renewable energy space.

Key Responsibilities  

1. Project Bidding & Strategy  
   - Lead and manage the end-to-end bidding process for solar, wind, hybrid, BESS, and RTC projects.  
   - Develop and implement bidding strategies to secure projects at competitive tariffs.  
   - Analyze tender documents, assess risks, and prepare techno-commercial proposals.  

2. Financial Modeling & Analysis  
   - Build and maintain detailed financial models for renewable energy projects, including BESS and RTC projects.  
   - Conduct feasibility studies, ROI analysis, and sensitivity analysis for storage and RTC solutions.  
   - Collaborate with finance teams to ensure alignment with corporate financial goals.  

3. Regulatory & Connectivity Expertise  
   - Manage interactions with regulatory bodies such as SECI, CTU, STU, and REIA.  
   - Ensure compliance with regulatory requirements and grid connectivity norms.  
   - Resolve issues related to power evacuation, transmission, and connectivity, especially for BESS and RTC projects.  

4. BESS & RTC Project Expertise  
   - Lead the commercial and strategic aspects of BESS and RTC projects, including technology evaluation, cost optimization, and revenue modeling.  
   - Stay updated on advancements in energy storage technologies and RTC project frameworks.  
   - Collaborate with technical teams to ensure seamless integration of storage solutions with renewable energy projects.  

5. Day-to-Day Operations  
   - Oversee the commercial and strategic aspects of ongoing projects, including BESS and RTC initiatives.  
   - Coordinate with cross-functional teams (legal, technical, finance, etc.) to ensure smooth project execution.  
   - Monitor market trends, policy changes, and competitor activities to identify new opportunities.  

6. Stakeholder Management  
   - Build and maintain strong relationships with government agencies, utilities, and industry bodies.  
   - Represent the company in industry forums and conferences.  

Qualifications & Skills  

- Education: Bachelor’s degree in Engineering (preferably Electrical, Mechanical, or Renewable Energy). An MBA in Finance, Strategy, or Business Administration is highly desirable.  
- Experience: 8-10 years of experience in the renewable energy sector, with a focus on solar, wind, hybrid, BESS, and RTC projects.  
- Technical Skills:  
  - Proficiency in financial modeling and project valuation tools.  
  - In-depth knowledge of regulatory frameworks (CERC, CTU, REIA, etc.).  
  - Strong understanding of grid connectivity, power evacuation processes, and energy storage systems.  
  - Expertise in BESS technologies and RTC project structures.