Manager - Energy & Power Sector Research

Job Summary:

The individual will lead end-to-end research coverage of the Energy & Power sector, developing deep insights into industry structure, regulatory developments, project economics and emerging business models. The role will involve evaluating companies across the power value chain, with a particular focus on unlisted and pre-IPO businesses, and providing sector expertise for company assessment, due diligence and IPO execution assignments.

Key Responsibilities:

• Work on Energy & Power sector coverage, including Power Generation, Transmission, Distribution, Renewable Energy, Solar, Wind, Hydro, Thermal Power, Power Equipment, Energy Storage and emerging energy businesses.
• Conduct detailed industry and sector research covering market structure, demand-supply dynamics, capacity additions, tariffs, regulations, government policies, competitive landscape and sector-specific operating metrics.
• Identify and analyse unlisted, pre-IPO and growth-stage companies, evaluating their business models, project pipeline, financial performance, asset base, operational capabilities, market position and growth potential.
• Prepare detailed company research, sector reports, industry studies, financial analysis, valuation models, peer benchmarking and business assessments.
• Conduct primary research and business due diligence through management interactions, industry experts, customers, suppliers, project stakeholders and other relevant market participants.
• Support IPO execution and transaction activities through industry due diligence, business analysis, peer comparison, DRHP/RHP review and preparation of sector-specific inputs and transaction materials.
• Build and continuously maintain an Energy & Power sector intelligence database, tracking companies, projects, capacity additions, regulatory developments, industry transactions, emerging technologies and potential capital-market opportunities.

Critical Requirements:

• 5+ years of relevant experience in Energy & Power Equity Research, Industry Research, Investment Banking, Merchant Banking, Consulting or a related research function.
• Strong hands-on experience covering the Energy & Power sector, with the ability to independently own the complete sector.
• Strong understanding of Power Generation, Transmission, Distribution, Renewable Energy and Energy Infrastructure, along with emerging areas such as storage and grid technologies.