GMR Group→
Vice President - Contracts at GMR Group in Delhi, Delhi, IN
Skills
Job Description
JOB PURPOSE
The Head- Regulatory & Contracts is responsible for shaping GMR’s strategic response to evolving energy regulations, market structures, and contractual frameworks. This role is responsible for driving regulatory advocacy, facilitating thorough compliance with applicable legal and policy mandates, and managing high-value commercial agreements—particularly Power Purchase Agreements (PPAs)—across the power value chain. The incumbent will lead the structuring and negotiation of PPAs while proactively engaging with regulatory bodies, industry forums, and internal stakeholders to influence policy direction, mitigate regulatory risks, and optimize commercial outcomes.
ORGANISATION CHART
CEO â Energy --> Head â Regulatory & Contracts
KEY ACCOUNTABILITIES
Responsibilities
Key Performance Indicators (KPIs)
Regulatory Affairs & Compliance
Lead regulatory strategy and engagement with Electricity Regulatory Commissions to safeguard commercial interests and drive compliance with applicable regulations.
Monitor regulatory developments, tariff orders, and policy changes, advising business functions on implications and required actions.
Oversee the submissions of regulatory filings, petitions, and compliance reports to support business operations and commercial viability.
Timely and Accurate Regulatory Submissions
Power Purchase Agreements (PPAs) & Commercial Claims
Oversee management of PPAs, including negotiation, interpretation, and dispute resolution.
Drive timely identification, documentation, and filing of commercial claims to recover maximum entitlements under PPAs and regulatory frameworks.
Structure contract clauses to optimize commercial recoveries and mitigate operational and financial risks.
PPA Claim Realization Ratio
TAT for Claim Filing
Contract Management and Governance
Oversee the entire contract lifecycle for Energy, Power Sales, and related commercial agreements.
Develop and enforce contract governance mechanisms to track obligations, performance, and financial outcomes.
Collaborate with legal, finance, and technical teams to drive contract adherence and dispute mitigation.
Lead the signing of collaboration agreements under the Energy 2.0 business initiative, providing access to GMR facilities, and subsequently overseeing the formulation of royalty with partners.
Contract Compliance Rate
Business Development Support
Provide regulatory and contractual due diligence support for new business opportunities and project bids.
Oversee BD teams in structuring and signing new PPAs by aligning them with prevailing regulatory and commercial norms.
Evaluate the regulatory and financial viability of new market segments or policy-driven opportunities.
TAT for Regulatory & Contractual Due Diligence
Stakeholder Management
Engage with regulatory authorities, government agencies, and industry bodies to influence policies and safeguard business interests.
Represent the company in hearings, consultations, and working groups on regulatory and contractual matters.
Number of strategic regulatory engagements conducted per quarter
AOP & Budgeting
Drive preparation of the Annual Operating Plan (AOP), including volume targets and financial projections.
Monitor revenue performance against AOP, conduct variance analysis, and provide detailed reasoning for deviations.â¯
% saving from AOP
Budget Deviations (Planned Vs. Actual)
KEY ACCOUNTABILITIES - Additional Details
Responsibilities
Key Performance Indicators (KPIs)
Team Development and Management
Conduct periodic evaluations, identify training needs, facilitate skill development programs, and enhance team competencies.
Address team concerns, provide guidance, and create opportunities for professional growth.
Foster a culture of collaboration, accountability, and continuous improvement.
Attrition rates
Employee Engagement scores
EXTERNAL INTERACTIONS
- Electricity Regulatory Commissions (CERC/SERCs)
- Discoms/Utilities/Counterparties
- Government Ministries and Agencies (MoP, MNRE, etc.)
- Legal Advisors and Regulatory Consultants
- Industry Associations
- Independent Power Producers and Energy Partners
INTERNAL INTERACTIONS
- Business Development Team
- Legal Department
- Finance & Accounts Team
- Operations Team
- Policy Advocacy Team
FINANCIAL DIMENSIONS
OTHER DIMENSIONS
EDUCATION QUALIFICATIONS
- Bachelorâs Degree in Engineering/Law/ Commerce
- MBA preferrable
- LLM / Postgraduate Diploma in Laws or Regulatory Affairs
RELEVANT EXPERIENCE
- 20+ years of experience in regulatory affairs, energy contracts, or commercial roles within the power/energy sector with experince in Renewable Energy
- Experience in dealing with Electricity Regulatory Commissions, managing PPAs, and handling contractual disputes
COMPETENCIES
- Licensing and Approval Management (Expert)
- Policy Advocacy (Expert)
- Regulatory Compliance Monitoring (Expert)
- Policy Interpretation and Implementation (Expert)
- Impact Analysis of Regulatory Changes (Expert)
- Dispute Resolution (Expert)
- Entrepreneurship
- Capability Building
- Social Awareness
- Planning & Decision Making
- Execution & Results
- Strategic Orientation
- Problem Solving & Analytical Thinking
- Networking
- Personal Effectiveness
- Teamwork & Interpersonal influence
- Stakeholder Focus