03 Nov
|
CIP Terra Technologies
|
Mumbai
03 Nov
CIP Terra Technologies
Mumbai
Earlier this year, building on the strong foundation of Copenhagen Infrastructure Partners (CIP) as a fund manager, we introduced an optimized CIP Platform, with three platform companies providing services to CIP. In our optimized CIP Platform, CIP Terra Technologies – a project delivery company delivering projects from onshore wind, solar PV and battery energy storage systems, to bioenergy, thermal and transmission infrastructure – is currently looking for a Development Manager, to join the team in Mumbai, India
The Commercial Manager will oversee commercial and contractual management for our renewable energy project through development, construction and commissioning. The role will ensure that project contracts are commercially robust, contractual obligations are actively managed, changes and claims are controlled, and commercial risks are identified and mitigated to protect project returns and delivery timelines.It suits a commercially minded finance professional who is comfortable operating at the intersection of finance, contracts and operations.
Support the management in strategic decision-making through robust commercial analysis, scenario modelling and transparent recommendations.
Evaluate options relating to financing, offtake, O&M;, curtailment, merchant exposure, refinancing, asset optimisation and potential M&A; / divestment, and articulate trade-offs and risks.
Prepare periodic reporting materials, SteerCo decks and supporting papers, consolidating inputs from Finance, Operations, Legal, Construction / Technical and external advisors.
Contract management
Perform the commercial evaluation of new contracts and contract amendments
Assess commercial exposure, liquidated damages, claims, change orders, delay and performance entitlements; quantify financial impact for negotiation strategy.
Support the evaluation, response and management of commercial disputes and notices (including claims, change in law, and termination-related notices) in coordination with Legal and external counsel.
Determine and recommend key valuation assumptions (e.g. power price and curtailment, generation / P50-P90, opex, inflation, discount rate, tax, and macro inputs) in line with the valuation policy
Perform quality assurance on the financial model and results, including reconciliation to prior quarter, variance and sensitivity analysis, and review with auditors / valuers where required.
Own the sources and uses of funds, rolling cash-flow forecasts and funding requirements (equity, debt drawdowns, working capital), and liaise with Treasury / Finance and the Sponsor on funding calls.
Risk management
Maintain the project risk register: identify, quantify, assign owners and track mitigations across commercial, financial, construction, operational, regulatory and counterparty risks.
Escalate key risks and present risk updates to management and the SteerCo.
Monitoring of financing, offtake and operations
Offtake: monitor PPA terms and performance, tariff, payment and receivables, curtailment, deviation settlement and grid / counterparty developments.
Operations: track generation, availability, O&M; performance, opex versus budget and key operational KPIs, and translate them into commercial impact.
Keep abreast of regulatory and policy developments in the Indian power sector (CERC / SERC / MNRE, open access, transmission charges, RPO / GNA, etc.).
You should have a Chartered Accountant (CA), CFA, MBA, BE from a reputed institute, or an equivalent professional qualification, with 8–10 years of relevant experience in commercial, finance, or project management roles, within the renewable energy, power, or infrastructure sectors. Practical experience with the construction and/or operation of large-scale wind, solar, or hybrid projects in India is required. You should also have experience in valuation and fair-value reporting, financial modelling, and investor or board reporting, with prior exposure to an international sponsor, private equity/infrastructure fund, or Big 4/advisory firm.
Commercial acumen and structured judgment; Please apply online as soon as possible as applications will be processed on an ongoing basis. For questions related to the role, please reach out to our Talent Acquisition team at [HIDDEN TEXT]. As we continue to improve our candidate experience, diversity and avoid unconscious bias, please avoid having a photo in your CV. CIP Terra Technologies' commitment to diversity and inclusion
We want all our employees to have equal opportunities for personal growth and career opportunities regardless of age, gender, sexual orientation, disability, religion, nationality, and ethnicity.
CIP Terra Technologies is a project delivery company working for CIP. CIP Terra Technologies is majority owned by the funds managed by CIP, with the purpose of delivering best-in-class project development and execution services to the growing portfolio of land-based renewable energy assets.
We engage in the energy transition through specialist project delivery, value creation, and collaboration with trusted third-party suppliers. Our core focus is the development, procurement, construction, and delivery of renewable energy projects, and we provide a variety of services including technical development, engineering, supply chain, construction management, and project execution.
We provide global support and a local presence in our key markets, and our teams are continuously delivering and refining services tailored to a wide range of technologies – from onshore wind, solar PV and battery energy storage systems, to bioenergy, thermal and transmission infrastructure. With three platform companies providing services to CIP—and while maintaining our current relationship with Copenhagen Offshore Partners (COP), CIP's exclusive offshore wind development partner—we have effectively strengthened our organizational and operational capabilities, creating a platform scaled for growth and designing the CIP blueprint for the future.
We have established CIP Molecule Technologies, a tech-focused project delivery company dedicated to molecule projects; CIP Terra Technologies, a tech-focused project delivery company managing a diverse portfolio of onshore projects;
📌 Senior Director, Commercial Management (Mumbai)
🏢 CIP Terra Technologies
📍 Mumbai