Senior Engineer - Procurement

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

Key Responsibilities:

Procurement Planning & ExecutionIdentify requirements for utility spares & services (mechanical/electrical/CIVIL/AMC & CAMC/Manpower) in coordination with maintenance and engineering teams.Vendor Development & ManagementSource reliable suppliers for mechanical and electrical spares & services.Evaluate vendor performance based on quality, delivery timelines, and cost.Maintain strong relationships with existing vendors and develop new ones.Cost OptimizationNegotiate pricing, payment terms, and delivery schedules to achieve cost savings.Conduct market analysis to benchmark prices and identify alternate sources.Compliance & DocumentationEnsure adherence to company procurement policies and statutory requirements.Maintain accurate records of purchase orders, invoices, and contracts.Inventory CoordinationWork closely with stores and maintenance teams to monitor stock levels.Implement strategies to minimize excess inventory and avoid stock-outs.Quality AssuranceEnsure procured spares meet technical specifications and quality standards.Coordinate with QA/QC teams for inspection and approval.

 

 

 

Required Skills & Competencies:Strong knowledge of mechanical and electrical utility spares & services (pumps, motors, compressors, chillers, valves, electrical panels, etc.).Excellent negotiation and vendor management skills.Familiarity with SAP systemsAnalytical and problem-solving abilities.Good communication and interpersonal skills.Qualifications:Bachelor’s degree or Diploma in Mechanical/Electrical/EEE Engineering or Supply Chain Management.3–5 years of experience for BE & 5-8 years for Diploma in procurement within a manufacturing or industrial setup.Key Performance Indicators (KPIs):On-time procurement of spares & consumables & services.Cost savings achieved through negotiation.Vendor performance and compliance.