Lead Regulatory Affairs Advisor

A) About the Role

Mercados requires a skilled and experienced Regulatory Support Consultant to provide comprehensive support in handling various day-to-day and routine regulatory matters related to regulatory bodies and other authorities such as UPERC, CERC, MOP, MNRE, CEA and GoUP.

B) Detailed expectations from the role

Petition Filing and Compliance :

• Experience in submitting comments on Capital Cost Petitions of Generating Companies and assisting in the preparation of detailed reports outlining the consultant's views on agreed capital costs for power plants under the Memorandum of Understanding (MOU) route.
• Proficiency in preparing and submitting comments on petitions from Generating Companies and stakeholders regarding tariff determination and true-up processes.
• Participation in public hearings on petitions related to tariff determination, Multi-Year Tariff (MYT) plans, and true-ups for generating companies, with the ability to effectively represent the consultant’s viewpoints.
• Strong analytical skills and the ability to provide insights on Power Purchase Agreements (PPAs), Supplementary PPAs, and Fuel Supply Agreements (FSAs).
• Expertise in preparing competitive bidding documents for power procurement from various sources and evaluating bids received through the competitive bidding process.
• Competence in developing Power Procurement Plans for Annual Revenue Requirement (ARR) and Multi-Year Tariff (MYT) petitions based on input data from relevant departments.
• Experience in analyzing Renewable Purchase Obligation (RPO) compliance for UPPCL using data provided by concerned departments.
• Skill in negotiating Power Purchase Agreements (PPAs) for both conventional and renewable power projects, as required by management.
• Ability to ensure compliance with the Day-Ahead Market Block Schedule Transfer (DBST) methodology based on data from relevant departments.
• Experience in preparing and managing the Merit Order Dispatch (MoD) stack, utilizing data from concerned departments.
• Capability to compare and validate data prepared by the planning wing with data submitted in regulatory filings, ensuring consistency and accuracy.

C) Required skill set

D) Education and Experience

E) Work Location

F) Remuneration Structure