Asset Manager - (O&M) SOLAR

Job Description

Asset Manager – Solar/ BESS (C&I IPP)

Location: India

Industry: Renewable Energy / IPP

Role Overview

The Asset Manager will be responsible for maximizing the operational, commercial, and financial performance of the company’s renewable energy portfolio comprising rooftop solar OPEX, ground-mounted group captive solar, wind, and BESS assets serving C&I customers.

The role will oversee asset operations, portfolio profitability, regulatory compliance, customer relationship management, and dispute resolution with off takers to ensure high plant performance, strong revenue realization, and long-term asset value creation.

Key Responsibilities

Strategic & Portfolio Management

• Define and execute asset management strategies to optimize portfolio performance and long-term value.
• Support portfolio expansion, acquisitions, refinancing, and integration of new assets.
• Identify opportunities for performance enhancement, hybridization, and storage integration.

Asset Performance & Operations

• Ensure high plant availability, generation performance, and operational reliability across solar and BESS assets.
• Monitor KPIs including PR, CUF/PLF, availability, curtailment, and BESS efficiency.
• Drive preventive and corrective maintenance through coordination with O&M teams and contractors.
• Lead root cause analysis and implementation of corrective actions for underperformance events.
• Utilize SCADA, analytics, and digital tools for performance optimization and predictive maintenance.

Commercial & Financial Management

• Manage portfolio P&L, revenue realization, collections, and cost optimization.
• Oversee billing, energy accounting, and reconciliation processes.
• Ensure compliance with PPAs, captive structures, and open-access regulations.
• Support budgeting, forecasting, lender reporting, and insurance claim management.
• Monitor commercial risks, scheduling deviations, and revenue leakages.

Contract Management & Dispute Resolution

• Manage post-execution administration of PPAs and customer commercial agreements.
• Lead resolution of disputes related to billing, banking settlements, open-access charges, curtailment, payment delays, and contractual interpretation.
• Coordinate with legal, finance, regulatory, and commercial teams for dispute resolution and claim management.
• Support contract renewals, amendments, and customer retention initiatives.
• Maintain strong relationships with C&I off takers to ensure long-term partnership stability.

Regulatory & Compliance

• Ensure compliance with regulatory, grid, safety, and statutory requirements.
• Coordinate with DISCOMs, SLDC/RLDC, and regulatory authorities for operational and commercial matters.
• Track policy and regulatory developments impacting renewable energy assets and captive projects.

Risk, ESG & Governance

• Identify and mitigate operational, financial, regulatory, and environmental risks.
• Drive HSE and ESG compliance across all operating assets.
• Establish governance frameworks, MIS reporting, KPI tracking, and portfolio performance reviews.

Stakeholder & Team Management

• Manage relationships with investors, lenders, customers, EPC/O&M partners, and internal leadership teams.
• Lead and develop high-performing cross-functional asset management teams.
• Foster a culture of accountability, safety, and continuous improvement.

Key KPIs

• Plant Availability & Generation Performance
• PR / CUF / PLF Improvement
• Revenue Realization & Collection Efficiency
• EBITDA & Cost Optimization
• Billing Accuracy & Dispute Resolution TAT
• Customer Retention & PPA Renewals
• Regulatory & ESG Compliance
• Safety Performance
• Forecasting & Scheduling Accuracy

Qualifications & Experience

• Bachelor’s degree in engineering (Electrical / Mechanical / Energy preferred)
• MBA preferred
• 10–15 years of experience in renewable energy asset management or operations
• Strong experience in:
• Rooftop Solar OPEX
• Group Captive / Open Access Projects
• Solar, Wind and/or BESS assets
• C&I renewable energy business models
• Strong understanding of Indian renewable energy regulations, PPAs, and commercial frameworks

Skills & Competencies

• Renewable asset operations & performance analytics
• Commercial and financial acumen
• Regulatory and contractual management
• Stakeholder and customer management
• Leadership and team development
• Problem-solving and decision-making
• Digital tools, SCADA, and analytics orientation