Associate Manager - Regulatory and Commercial
Adani Power · Ahmedabad · onsite · Posted 58d ago
Not disclosed5–7 yrsfulltimeSourced from
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About this role
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 supporting the team by executing essential regulatory tasks, initiating compliance procedures, and maintaining effective communication both internally and externally. This role is pivotal role for ensuring smooth operation within the regulatory framework of the power.
Responsibilities
Lead - Regulatory (ERCG)
Policy Advocacy And Regulatory Compliance
Assist in monitoring policy developments and regulatory changes that may impact the organization's operations.
Support efforts to ensure that the organization's practices align with current regulations and legislative requirements.
Help gather information and contribute to internal discussions on how sector regulations and government interventions may affect the organization.
Aid in the preparation of compliance documentation and reports, ensuring that all business activities adhere to regulatory standards.
Stay up-to-date with changes in legislation and regulatory requirements, and assist in communicating these changes to relevant departments within the organization.
Due Diligence And Research
Conduct due diligence for mergers and acquisitions (M&A) from a regulatory perspective, preparing notes and presentations for the Business Development (BD) team.
Perform regulatory research by reviewing updates from regulatory websites such as the Ministry of Power (MOP) to identify new draft notifications, regulations, or policies.
Support compliance efforts by contributing to the development and maintenance of internal controls and procedures.
Litigation Coordination And Petition Drafting
Coordinate with advocates, briefing them on regulatory litigation matters, and ensure timely submission of petitions.
Brief legal firms on specific cases and assist with in-house drafting of petitions by compiling information and ensuring logical presentation.
If law firms are drafting petitions, provide a first draft or a comprehensive information bucket for their use.
Manage administrative tasks related to litigation, such as obtaining certified copies of legal documents.
Internal MIS And Reporting
Prepare internal MIS reports listing cases pending before the court, categorizing them by criticality, forum, and plant, and disseminate to promoters.
Compile monthly reports detailing judgments passed, new guidelines from state or central regulators, and other relevant updates.
Conduct weekly review meetings to discuss regulatory cases and develop strategies based on direction from the Head/ Chief of Energy Regulatory and Commercial group (ERCG).
Monitor the progression of regulatory cases, keeping detailed records of filings, hearings, and judgments.
Assist in the preparation and organization of legal documents required for regulatory submissions and correspondence.
Public Hearings And Petition Filing
Attend public hearings, both online and in-person, and provide briefings on the proceedings.
File petitions after obtaining approval from the team lead and Head/ Chief of ERCG, ensuring adherence to internal protocols.
Payment Processing
Generate a Note in SAP (NIS) checklist and apply for filing fees for petitions related to disputes and claims.
Coordinate with the Group Data Governance and Control (GDGC) team for system uploads and facilitate the review process with the Adani Business Excellence team before final payment by the finance team.
Handle different types of statutory or court fee payments required by various regulatory bodies, whether online or via challan.
Obtain payment certificates and provide them to the team lead for record-keeping and further action.
Administrative Assistance And Process Enhancement
Execute administrative tasks related to legal filings, such as managing Vakalatnamas and ensuring the availability of certified copies for proceedings.
Support the Lead in organizing and managing regulatory files and references for efficient access and review.
Identify opportunities for streamlining regulatory processes and propose improvements to current systems.
Participate in the implementation of technological solutions that enhance the efficiency and accuracy of regulatory monitoring and reporting .
Key Stakeholders - Internal
GDGC
ABEX Team
Finance team
Legal team
Commercial team
Regulatory team for transmission, thermal, AEML team
Key Stakeholders - External
Advocates/lawyers
Regulatory authorities/governmental agencies
Qualifications
Educational Qualification:
B.E./ B.Tech/ Masters ( Power Management, related field), Additional Certifications in regulatory affairs or compliance preferred
Work Experience (Range Of Years)
Minimum 5 years of experience in regulatory compliance, preferably in power and transmission or related field.
Preferred Industry
Background in the power and energy sector with exposure to power and transmission industry, with an understanding of regulatory challenges and compliance mechanisms.
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 supporting the team by executing essential regulatory tasks, initiating compliance procedures, and maintaining effective communication both internally and externally. This role is pivotal role for ensuring smooth operation within the regulatory framework of the power.
Responsibilities
Lead - Regulatory (ERCG)
Policy Advocacy And Regulatory Compliance
Assist in monitoring policy developments and regulatory changes that may impact the organization's operations.
Support efforts to ensure that the organization's practices align with current regulations and legislative requirements.
Help gather information and contribute to internal discussions on how sector regulations and government interventions may affect the organization.
Aid in the preparation of compliance documentation and reports, ensuring that all business activities adhere to regulatory standards.
Stay up-to-date with changes in legislation and regulatory requirements, and assist in communicating these changes to relevant departments within the organization.
Due Diligence And Research
Conduct due diligence for mergers and acquisitions (M&A) from a regulatory perspective, preparing notes and presentations for the Business Development (BD) team.
Perform regulatory research by reviewing updates from regulatory websites such as the Ministry of Power (MOP) to identify new draft notifications, regulations, or policies.
Support compliance efforts by contributing to the development and maintenance of internal controls and procedures.
Litigation Coordination And Petition Drafting
Coordinate with advocates, briefing them on regulatory litigation matters, and ensure timely submission of petitions.
Brief legal firms on specific cases and assist with in-house drafting of petitions by compiling information and ensuring logical presentation.
If law firms are drafting petitions, provide a first draft or a comprehensive information bucket for their use.
Manage administrative tasks related to litigation, such as obtaining certified copies of legal documents.
Internal MIS And Reporting
Prepare internal MIS reports listing cases pending before the court, categorizing them by criticality, forum, and plant, and disseminate to promoters.
Compile monthly reports detailing judgments passed, new guidelines from state or central regulators, and other relevant updates.
Conduct weekly review meetings to discuss regulatory cases and develop strategies based on direction from the Head/ Chief of Energy Regulatory and Commercial group (ERCG).
Monitor the progression of regulatory cases, keeping detailed records of filings, hearings, and judgments.
Assist in the preparation and organization of legal documents required for regulatory submissions and correspondence.
Public Hearings And Petition Filing
Attend public hearings, both online and in-person, and provide briefings on the proceedings.
File petitions after obtaining approval from the team lead and Head/ Chief of ERCG, ensuring adherence to internal protocols.
Payment Processing
Generate a Note in SAP (NIS) checklist and apply for filing fees for petitions related to disputes and claims.
Coordinate with the Group Data Governance and Control (GDGC) team for system uploads and facilitate the review process with the Adani Business Excellence team before final payment by the finance team.
Handle different types of statutory or court fee payments required by various regulatory bodies, whether online or via challan.
Obtain payment certificates and provide them to the team lead for record-keeping and further action.
Administrative Assistance And Process Enhancement
Execute administrative tasks related to legal filings, such as managing Vakalatnamas and ensuring the availability of certified copies for proceedings.
Support the Lead in organizing and managing regulatory files and references for efficient access and review.
Identify opportunities for streamlining regulatory processes and propose improvements to current systems.
Participate in the implementation of technological solutions that enhance the efficiency and accuracy of regulatory monitoring and reporting .
Key Stakeholders - Internal
GDGC
ABEX Team
Finance team
Legal team
Commercial team
Regulatory team for transmission, thermal, AEML team
Key Stakeholders - External
Advocates/lawyers
Regulatory authorities/governmental agencies
Qualifications
Educational Qualification:
B.E./ B.Tech/ Masters ( Power Management, related field), Additional Certifications in regulatory affairs or compliance preferred
Work Experience (Range Of Years)
Minimum 5 years of experience in regulatory compliance, preferably in power and transmission or related field.
Preferred Industry
Background in the power and energy sector with exposure to power and transmission industry, with an understanding of regulatory challenges and compliance mechanisms.
Sourced from foundit
Skills
SAPDue DiligenceProcess Enhancementadministrative assistancePayment Processingregulatory researchPolicy Advocacylitigation coordinationpetition draftingRegulatory CompliancePublic Hearings
About Adani Power
Adani Power
Power
3.3k+
employees
2006
20 years old
Ahmedabad, Gujarat
IN
₹10L PA avg
Avg at Adani Power
About
Adani Power Limited is committed to ensuring the nation's energy security with thermal and solar power plants across India.
Industries
PowerManufacturing
Employee ratings
10 reviews
3.8/ 5
Culture
2.7
Career growth
2.6
Work-life
2.6
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