Avaada Power - VP/AVP - Strategy

About Organization:

AVAADA POWER PRIVATE LIMITED is one of the pioneers of solar power in India. We through our associate companies Welspun Energy Private Limited and Welspun Renewables Energy Private Limited developed more than 1 GW solar and wind projects in India. We were the first Indian Independent Power Producer (IPP) to achieve the milestones of developing 500 MW & 1 GW renewable projects in India. Having participated in the earliest solar projects allotted by the Govt. of Gujarat, India, we grew exponentially and diversified across India to become the largest player in solar power in the country.

Along the way we were able to attract investors into our renewable portfolio from the likes of Asian Development Bank (ADB), GE and DEG as a testament to quality. Below are a few highlights of our achievements in the Indian renewable energy space (Also a brief profile of AVAADA POWER PRIVATE LIMITED is enclosed for your kind information):

- Best in class Projects

151 MW solar project in Neemuch, Madhya Pradesh, the then largest solar power project in Asia and 2nd largest in the world

One of the largest wind power projects in Rajasthan, India

Projects among best performing in many states across India (Performance Factor - better than designed output)

- World class EPC

Full in-house EPC capabilities

EPC capability adjudged top 10 globally by international agency IHS Markit

Received A+ credit rating for financial strength and risk management

Many patents filed in value engineering

All projects executed within cost budgets and timelines

- 1 million hours technical manpower experience

- Award winning platform

The Golden Peacock Business Excellence Award 2016 in India

The Golden Globe Tiger Award 2016 for Corporate Social Responsibility

The IFC-Mint Strategy Award 2015

Global Solar Leadership Award 2015

The Golden Peacock Innovative Service Award 2014

IPPAI Award in Innovation 2014

Global Solar EPC- Utility Project Innovation Award 2014

Job Purpose - The purpose of this role is to provide leadership and direction in the development and implementation of business & growth strategy/ strategic initiatives across multiple business functions to support the delivery of the business & commercial goals of Avaada to stakeholders, investors, customers and the community.

Key Roles & Responsibilities -

1. Formulating corporate /Growth strategy for Avaada

2. Identification, Evaluation and Development of domestic & international investment opportunities in Power Sector /Infrastructure with specific focus on renewable & new technologies in renewable.

3. Identification of potential opportunities, cost benefit and viability analysis for the projects

4. Track opportunities in various business segments, analyze and present the opportunities to enable the management to take an informed decision

5. Translate ideas, and vision of promoters into plans, proposals, presentation, communications, strategic documents, concepts, reports and communication

6. Analyze and interpret information of proposals, business models and prepare executive summary to enable decision making

7. Financial Modelling, Performance Analysis and Gap Analysis

8. Understanding /Analyzing the government policies and procedures/Regulatory framework

9. Business and strategic networking

10. Transaction advisory support

11. Market Assessment & gaining market intelligent and competitor analysis

12. Bids/ JV opportunities

13. Risk analysis of projects for renewable, mining, power, PPP infrastructure, defence

14. Coordinate with senior management, first line and stakeholders for meetings, planning, decision making,

15. Bridge communication between the first line and the Chairman/Director on strategic plans

16. Schedule business and management review and follow up

17. Assist in research the developing reference material/Research on new markets/collaborations/technology tie ups

Competencies Required -

1. Leadership and Excellent Analytical Skills

2. Adaption skills - ability to work well in a highly result oriented environment

3. Highly motivated, responsible, self-directed, resourceful and flexible

4. Ability to manage workload and meet deadlines; Decision making and problem solving skills;

5. Excellent communication skills on Communication with impact with various stakeholders- global & domestic / external & internal

6. Balance of strategic, financial, regulatory exposure/experience

7. Sectoral Experience - Well conversed with Renewable Energy & infrastructure projects

8. Modelling - Business and Financial modelling of opportunities

9. Personality Traits - Leadership skills, efficiency, team player, performance driven, foresight

10. Entrepreneurial Orientation

11. Acumen- Strategic, business & financial

Qualifications Required -

Bachelor in Engineering / Technology and Post Graduation (MBA) from tier 1/2 institutes with at least 15 years of experience preferably in the power sector/consulting and in strategy and business development functions at a senior management position/role.