Primary Works

1. POWER SALE & POWER PURCHASE AGREEMENTS (PPA)

• Drafting, negotiating, and finalizing Long-Term, Medium-Term, and Short-Term PPAs.
• Coordination with state electricity boards (SEBs), power distribution companies (DISCOMs), and bulk consumers.
• Ensuring regulatory approvals from CERC/SERC for PPAs.
• Monitoring compliance with contractual obligations.

2. TARIFF & BILLING MANAGEMENT

• Tariff determination as per CERC regulations.
• Preparation and submission of tariff petitions to CERC/SERC.
• Issuing invoices to beneficiaries as per PPA terms.
• Implementations of tariff orders in Invoices as per CERC terms and conditions of tariff orders.
• Coordination with RLDCs, SLDCs, and POSOCO India for scheduling & despatch-related billing.
• Monitoring payments and ensuring adherence to Letter of Credit (LC) payment security mechanisms.
• Handling Late Payment Surcharge (LPS) claims and disputes.

3. PAYMENT & RECEIVABLES MANAGEMENT

• Ensuring timely collection of dues from DISCOMs and bulk consumers.
• Monitoring LCs and Payment Security Mechanisms (PSM).
• Following up on delayed payments and disputes with consumers.
• Reporting revenue collection status to senior management.

4. REGULATORY COMPLIANCE & LEGAL MATTERS

• Filing Petitions, Appeals, and Regulatory Approvals before CERC/SERC/APTEL/Supreme Court.
• Compliance with Electricity Act, 2003, CERC/SERC guidelines, and Ministry of Power (MoP) directives.
• Handling regulatory hearings, consultations, and representation of the company.

5. OPEN ACCESS & POWER MARKET OPERATIONS

• Coordination with Power Exchanges (IEX/PXIL), traders, and buyers.
• Managing open access applications and transactions.
• Ensuring compliance with Open Access Regulations & Guidelines.

6. RENEWABLE ENERGY (RE) CERTIFICATES & CARBON CREDITS

• Handling Renewable Energy Certificates (REC) trading and compliance.
• Managing carbon credits, energy efficiency certificates, and related financial instruments.

7. POWER TRADING & SHORT-TERM MARKET OPERATIONS

• Participation in DAM, TAM, RTM, and bilateral contracts on IEX/PXIL.
• Monitoring market trends, bidding strategies, and revenue optimization.

8. MIS, REPORTING & AUDITS

• Preparation of periodic revenue reports, collection status, and outstanding dues.
• Internal and external audits of commercial transactions.
• Submitting reports to CERC, SERCs, MoP, and internal stakeholders.

9. CUSTOMER RELATIONSHIP & DISPUTE RESOLUTION

• Addressing customer grievances and contract-related disputes.
• Engaging in arbitration and legal proceedings as needed.

10. POLICY ADVOCACY WITH CERC/NERPC/NERLDC

• Providing necessary inputs and suggestions to CERC in its staff paper and draft Regulations.
• Formulation of commercial issues and raising the same in Commercial Committee Meeting and seeking solutions in TCC/NERPC forum in favour NEEPCO.
• Advocacy in fixing normative parameters in Tariff Regulations for optimisation of profit.

11. PROFITABILITY ANALYSIS AND FLAGGING OFF COMMERCIAL ISSUES

• Analysis of gaps of revenue and expenditure and providing suggestions for bridging the same.
• Analysis of DSM Regulations and pinpointing reasons for under recovery of Fixed cost and fuels cost.