Baringa - Senior Consultant - Manager - Indian Power Market Advisory and Financial Modelling Advisory
Requirements
• You have Energy experience of between 4 - 8 years and hold a thorough understanding of the power market dynamics in India. • You are familiar with the price formation dynamics of the wholesale power markets in India, and the pricing dynamics of the Renewable Energy Certificates (RECs) markets. • You have strong quantitative skills and have direct experience in developing and maintaining power market models in power market simulation software such as PLEXOS (preferred) • You have experience in energy asset valuation, commercial due diligence and transaction advisory, and have the right networks into lenders, financial advisors, investors and off-takers. • You have experience in financial modelling for energy and infrastructure advisory, with the ability to translate complex commercial and technical assumptions into clear, robust analysis for clients, investors and lenders. • You are an excellent communicator in English, both in written and verbal forms. • The ideal candidate should be able to cover all domains described above, but we are also open to seeing candidates with a sub-set of skills and professional experience aligned with the job requirements. • What a career at Baringa will give you • Putting People First. • Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include: • Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service. • Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave. • Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us. • Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice. • Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success. • Diversity and Inclusion
Responsibilities
• Perform fundamentals-based research on the Indian power market, taking into consideration generation mix, regulatory policies, emission targets, and other market-specific factors. • Lead and apply fundamentals-based research towards developing and maintaining power market models, so as to produce robust modelling of electricity price projections and fuel mix forecasts. • Deliver strategy and commercial advisory for clients, which can include transaction advisory (buy-side and sell-side), commercial due diligence, PPA structuring, market opportunity assessment, or evaluation of impending policy or rule changes. • Develop and deliver on financial models for energy assets, so as to be able to articulate the business case of a project or a platform to clients’ Investment Committees or Credit Committees.
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