Manager - Regulatory & Commercial (Ahmedabad)

Manager - Regulatory & Commercial (Ahmedabad)

15 Sep
|
Adani
|
Ahmedabad

15 Sep

Adani

Ahmedabad

Responsibilities
Manager - Regulatory & Commercial (ERCG)
Billing and Revenue Management:
Manage the comprehensive management of revenue, ensuring all billing activities in accordance with the SOP for Power Sale align with organizational financial objectives.
Collect necessary information and inputs for billing, coordinating with internal and external stakeholders.
Issue accurate and timely invoices to customers or power procurers
Monitor payments to ensure they are received by the due date.
Maintain and update all invoicing information on the Ministry of Power portal, responding to any disputes raised by customers.
Continuously monitor replies and communications within the portal.
Verify customer information and address anomalies if any to prevent delays.
Payment Tracking and Dispute Resolution:
Proactively track payments and initiate letters of credit (LC) to encash funds when payments are delayed.
In the event of a dispute, ensure that customers pay 85% of the invoice amount as per contract, providing justification for the payment.




Manage stay orders from the regulatory committee, waiting for resolutions before proceeding with collections.
Communicate with banks regarding payment statuses, letter of credit (LC) issuances.
Ensure the original letter of credit (LC) value is restored within 7 days if utilized.
Portal Management:
Update the Payment Security Portal (PSA) and Praapti portal with necessary information. For e.g. letter of credit (LC) availability.
Monitor power curtailment actions by the System Operator as mandated by the Ministry of Power.
Document payment statuses and upload all bills to the Praapti portal, ensuring accurate and timely updates of procurer details.
Enforce restrictions on short-term power purchases for entities with outstanding payments beyond 75 days as recorded in the Praapti portal.
Interact with the state load dispatch center, central dispatch, and Ministry of Power as necessary, ensuring compliance with operational guidelines.
Fina

📌 Manager - Regulatory & Commercial (Ahmedabad)
🏢 Adani
📍 Ahmedabad

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