Graduate Engineer Trainee

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

Educational Qualification: B. E (Electrical/Electronics/Mechanical)
Experience Required: 0 to 1 year

Location- Gurugram, Haryana

Job Description:

1) Billing & Receivables:
Monthly Revenue Generation & Revenue Collection and related activities including but not limited to PPA amendments for change of name, change of location, PPA assignment in favour of Lenders, change of TRA account with Offtakers, LC issuance etc.

2) Legal & Regulatory Support:

• To assist Legal & Regulatory teams in providing necessary data/information/insights, at the time of filing petitions for payment recovery, before appropriate judicial forums and also during the hearings.
• To assist Receivables Team in providing necessary data/inputs in preparation of presentations/write-up/approval notes etc. as per the requirements

3) Audit & Statutory Compliances:

• To assist Receivables Team in providing necessary data/inputs at the time of IMS Audit, Internal Audit, Statutory Audit, SOX compliances and any other study/assignment, initiated by the Company
• Assist in resolving queries with Internal Auditors and Statutory Auditors

Skills required:

• Good understanding of commercial aspects of power offtake activities
• Good understanding of value chain of power sector in India
• Strong collaboration & interpersonal skills with proficiency in grasping new concepts quickly
• Ability to communicate effectively with internal and external stakeholders.
• Competency in Microsoft Office Suite, especially Excel, for tracking and reporting purposes.
• Experience with MIS reporting and data management
• Strong commitment to meeting deadlines and ensuring accuracy in billing and payments
• Ability to work independently and as part of a team
• Multi-tasking abilities
• Willingness to wok
• Domestic travel, need based