Energy Portfolio Manager

Company Description

Manikaran Power Limited (MPL), established in 2005, is a leading Integrated Energy Solution Company in India. With two decades of experience in Power, Gas, Coal Trading, and Sustainability, MPL serves over 2000+ industrial clients across India’s energy sector. Key partners include Indian Energy Exchange (IEX), Indian Gas Exchange (IGX), Power Exchange of India Ltd (PXIL), and Hindustan Power Exchange (HPX). MPL's diverse portfolio includes Renewable and Non-Renewable energy contracts, Group Captive Solutions in Power Trading, and a robust Gas Trading portfolio. MPL is committed to providing reliable and innovative energy solutions.

Role Description

The Energy Portfolio Manager will be responsible for managing and optimizing energy portfolios, power sale-purchase strategy,Power Demand Forecasting for SLDC/Distribution Licensee. Day-to-day tasks involve Power Scheduling,Energy trading strategy. The role also includes maintaining relationships with key stakeholders and clients, as well as ensuring compliance with regulatory requirements.

Detailed set of expectations from the role:

• Load/Demand Forecasting
• Managing the power portfolio management through energy optimization tools
• Keep a track of generation schedules from different generators/suppliers and analyze day to day activities of power portfolio management like Decision for Reserve Shutdown, Energy Exchange scenario etc.
• Managing the Day Ahead, Real Time & other Short Term Bidding for the utility
• To assist client in Energy Trading Strategy Design of the state/utility
• To assist client in Power Market Scenarios and Energy Portfolio Risk Management
• To provide comments on regulatory drafts, notifications and regulations
• To assist client in Financial Risk Management of Power Portfolio so as to reduce the financial risks associated along with optimizing the cost of Power Purchase Portfolio
• Scheduling of generating Units based on merit order with or without using the dispatch optimization model
• Financial Risk Management of Power Portfolio
• Micro management of power schedule of state utilities and generators to ensure uninterrupted supply to end users
• Supporting the client and analysts in activities related to energy trading and accounting.
• Tender management for portfolios in medium term and short term involving procurement/Sell through DEEP, LDC (Long Duration Contracts) etc.