Hiring For Assistant Vice President- Power Trading… at SAEL… · New…

Role- AVP- Power Trading

Location- New Delhi- HO

About the company:

SAEL Industries Limited, is a leading Indian renewable energy company specializing I n solar and waste-to-energy projects, committed to fostering green assets that contribute to the global transition toward sustainable energy. At the forefront of the fight against climate change, SAEL provides decarbonization solutions through its renewable projects across India. Our vision is to pioneer Indias energy landscape by producing sustainable and affordable energy in a responsible manner. Over the years, SAEL has developed a renewable portfolio of 6,918 MW with a committed EBITDA of INR 2700 crores from IPP business. Today, it proudly stands as Indias largest waste-to-energy producer, utilizing state-of-the-art European technology. The company operates over 20 solar projects across multiple states, including Gujarat, Uttar Pradesh, Rajasthan, Karnataka, Andhra Pradesh, Haryana, Mizoram, and Punjab, spanning more than 50 sites. Additionally, SAEL has established module manufacturing plants with a capacity of 2,300 MW, which is being expanded to 3,400 MW in Rajasthan and Punjab, demonstrating its commitment to backward integration and supporting the "Make in India" initiative. SAEL's dedication to solar and waste-to-energy projects aligns seamlessly with Indias vision of harnessing clean, green energy sources. The company's core values reflect its sustained efforts to create positive environmental impact and drive sustainable development within the energy sector.

Role Overview:

To manage power scheduling, trading activities, energy settlement, and regulatory coordination for solar power projects while ensuring optimum power sale realization and grid compliance

Role & responsibilities

Monitor daily power generation and coordinate power scheduling activities.

Manage short-term and long-term power trading through power exchanges and bilateral arrangements.

Coordinate with SLDC/RLDC/DISCOM for scheduling and forecasting activities.

Ensure compliance with CERC/SERC regulations and grid discipline requirements.

Handle power trading operations, power exchange bidding on IEX/PXIL and deep portal bidding etc.

Analyze market trends, power demand, tariffs, and exchange prices.

Prepare daily MIS reports related to generation, scheduling, deviation.

Handle energy accounting, deviation settlement mechanism (DSM), and invoicing.

Coordinate with O&M and project teams for generation optimization.

Support PPA management and commercial negotiations.

Monitor renewable energy certificates (REC), open access, and carbon credits etc.

Preferred candidate profile

Knowledge of power exchanges (IEX/PXIL)

Understanding of SLDC/RLDC procedures

Scheduling & forecasting knowledge

Regulatory and tariff understanding

Advanced Excel and MIS reporting

Analytical and communication skills

Experience: Minimum 15 Years

Experience in renewable energy / solar / power trading preferred.

B.Tech / BE (Electrical / Power / Energy) & MBA will be preferred

MBA (Power Management) preferred