Job title: Regulatory Affairs Advisor – India

Company: Shell

Job description: , India

Job Family Group: Commercial and Retail

Worker Type: Regular

Posting Start Date: August 18, 2022

Business unit: Downstream

Experience Level: Experienced Professionals

Job Description:

Where you fit

Shell Energy India (SEI)/Shell Energy Marketing & Trading India Pvt Ltd (SEMTIPL) is the key interface to the market, providing more and cleaner energy across a global portfolio of LNG, gas, power, and environmental products to meet our suppliers’ and customers’ current and future energy needs.

SEI serves Indian customers through a fully-owned and integrated gas value chain – competitive supply from Shell’s global LNG portfolio, regasification at the Hazira facility, and downstream customer sales and seeks to foray into power sector to undertake electricity generation and trading activity in the country. SEMTIPL is a registered power trading licensee offering multiple power products to potential customers and will also be offering open access renewable power through its own renewable portfolio to potential Commercial & Industrial C&I off takers.

What’s the role?

As Regulatory Affairs Advisor – India, you will lead on the following:

• Regulatory initiatives across renewable C&I domain.
• Due diligence, review of renewable energy PPA’s and other agreements with C&I consumers, DISCOM’s,etc.
• Review of open access agreements with state and central transmission utilities, state, regional, and national load despatch centres
• Prepare and update the larger team on the regulatory and policy landscape for management information & decision making
• Support business development teams on identification of relevant regulations for calculation of intermediary charges for open access transactions resulting in calculation of net landed tariff for C&I consumers
• Interaction with CERC, SERCs, APTEL, MNRE, NLDCs, SLDCs on regulatory and policy matters related to renewable power generation, trading etc.
• Keeping an active tracking on draft and final amendments, new regulations, consultation papers etc. issued by central and state regulators

• Collate, review and submission of cross functional comments, suggestions and objections on draft policies, notification papers, policies, guidelines issued by the respective regulators and authorities from time to time
• Analyse business impact of any new policies, regulations, orders issued by the regulators
• Review and analysis of state’s tariff calculations in accordance with RE tariff regulations, orders of SERCs & CERC
• Participate actively in the regulatory and policy forums in Indian renewable and power sector
• Determine and support business development team market entry strategies, identifying and maturing potential route to market and revenue stream opportunities for sale of renewable power to C&I sector based on the current and upcoming regulations
• Closely work with business development and legal teams to finalize – term sheets, development of innovative power sales model etc.
• Close collaboration with gas team on potential solutions & offerings on round the clock power supply basis current power and gas regulations
• Deep understanding of open access market rules through 3rd party and group captive, group captive structuring, CERC & SERC’s involvement, up to date on new potential renewable products which can be offered in the C&I sector

Moreover, you are expected to:

• Work and lead regulatory vertical for a large IPP with focus on C&I power sales, should have executed power purchase agreements etc.

• Have hands-on experience with various regulatory procedures related to open access, tariff order, amended regulations, competitor pricing, latest trends, and market intelligence to prepare the future strategy for market penetration
• Work on Drafting Power offtake arrangements / contracts in Coordination with lawyers, strategy consulting with skills of Business Development, Advisory, Strategy & Process improvement
• Have ensured transactions closure, coordinate C&I contracts documentation, settlements, and other contractual compliances.
• Sound knowledge on various states renewable, solar, wind, hybrid policies and tariff analysis of electricity consumers to check and assess the viability of setting up renewable projects under captive/ third party mode.
• Support, resolve and coordinate all pre-& post PPA signing contractual terms to business development teams
• Obtain deep knowledge of round the clock power, renewable open access, all exchange-based products
• Work in close collaboration with other parts of Shell Energy, IG and RES to provide / solicit support to achieve the business goals (incl. gas/LNG, wind, solar, emissions trading etc.)
• Establish and maintain relationships with industry influencers, regulators, and potential strategic partners; as appropriate
• Obtain understanding of functioning of power markets – open access mechanisms, bilateral contracts, power exchange transactions, knowledge of current offered products under and idea around development of new products which will be launched in near future like financial derivatives, working of CfD mechanism, VPPA’s etc.

What we need from you

• Min Experience of 10 -15 years in management of complex projects in the Power value chain and/or development of new segments and markets in India
• Bachelor’s Degree (Engineering / Science); Postgraduate in Management (Commercial, Business Management, Finance, Economics, Engineering) preferred.
• Ability to identify, understand and process a variety of data and derive business-relevant insights.
• Prior experience in the power sector/ power markets and knowledge of analytical tools and processes, strongly preferred.

• Proven track record of managing a new business development portfolio, originating, and successfully executing new projects and value delivery through the full life cycle; in the Power sector in India
• Track record of building external partnerships, JVs and working with external financial investors, including private equity is a definite advantage.
• Demonstrated ability to quickly understand and adapt complex commercial arrangements and think out of the box
• Manage customer and internal expectations during the business development and negotiations process, which can be sometimes slow and challenging
• Self-starter with ability to deal with ambiguity and conduct variety of research involving significant initiative
• Ability to collaborate, multi-task, work, and influence across functions with limited supervision
• High level of numeracy, analytical and problem-solving skills
• Excellent written and verbal communication and ability to communicate effectively using IT tools
• Involves extensive travel within India (and abroad) and hence the ability to be away from home for long periods of time.

COMPANY DESCRIPTION

Shell is a global energy company where we work towards powering progress through more and cleaner energy solutions. We use advanced technologies and take an innovative approach to help build a sustainable energy future. In India Shell has its businesses footprint in Information Technology, Projects & Technology, Finance Operations, Integrated Gas, Downstream & Upstream spread across more than 7 main locations.

An innovative place to work

Join us and you’ll be adding your talent and imagination to a business with the ambition to shape the future – whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently, everyone at Shell does their part.

An inclusive place to work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we are nurturing an inclusive environment – one where you can express your ideas, extend your skills and reach your potential…

We are creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there. We are striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity. We consider ourselves a flexible employer and want to support you finding the right balance. We encourage you to discuss this with us in your application.

A rewarding place to work

As an equal opportunity employer, combining our ideas through a creative, collaborative environment and global operations – we have developed and will continue to nurture a unique workplace with an impressive range of benefits to ensure that joining Shell is an inspired and rewarding career choice for everyone.

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DISCLAIMER: Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

Expected salary:

Location: Mumbai, Maharashtra

Job date: Sun, 04 Sep 2022 23:22:00 GMT

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