Vice President Contracts Delh

GMR Group · Construction & Real Estate

New Delhi, India
On-site
Posted yesterday
Apply by 30 Nov
Legal & Compliance

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About the job

JOB PURPOSE

The Head- Regulatory & Contracts is responsible for shaping GMR’s strategic response to evolving energy regulations, market structures, and contractual frameworks. This role is responsible for driving regulatory advocacy, facilitating thorough compliance with applicable legal and policy mandates, and managing high-value commercial agreements—particularly Power Purchase Agreements (PPAs)—across the power value chain. The incumbent will lead the structuring and negotiation of PPAs while proactively engaging with regulatory bodies, industry forums, and internal stakeholders to influence policy direction, mitigate regulatory risks, and optimize commercial outcomes.

ORGANISATION CHART

CEO â Energy --> Head â Regulatory & Contracts

KEY ACCOUNTABILITIES

Responsibilities

Key Performance Indicators (KPIs)

Regulatory Affairs & Compliance

Lead regulatory strategy and engagement with Electricity Regulatory Commissions to safeguard commercial interests and drive compliance with applicable regulations.

Monitor regulatory developments, tariff orders, and policy changes, advising business functions on implications and required actions.

Oversee the submissions of regulatory filings, petitions, and compliance reports to support business operations and commercial viability.

Timely and Accurate Regulatory Submissions

Power Purchase Agreements (PPAs) & Commercial Claims

Oversee management of PPAs, including negotiation, interpretation, and dispute resolution.

Drive timely identification, documentation, and filing of commercial claims to recover maximum entitlements under PPAs and regulatory frameworks.

Structure contract clauses to optimize commercial recoveries and mitigate operational and financial risks.

PPA Claim Realization Ratio

TAT for Claim Filing

Contract Management and Governance

Oversee the entire contract lifecycle for Energy, Power Sales, and related commercial agreements.

Develop and enforce contract governance mechanisms to track obligations, performance, and financial outcomes.

Collaborate with legal, finance, and technical teams to drive contract adherence and dispute mitigation.

Lead the signing of collaboration agreements under the Energy 2.0 business initiative, providing access to GMR facilities, and subsequently overseeing the formulation of royalty with partners.

Contract Compliance Rate

Business Development Support

Provide regulatory and contractual due diligence support for new business opportunities and project bids.

Oversee BD teams in structuring and signing new PPAs by aligning them with prevailing regulatory and commercial norms.

Evaluate the regulatory and financial viability of new market segments or policy-driven opportunities.

TAT for Regulatory & Contractual Due Diligence

Stakeholder Management

Engage with regulatory authorities, government agencies, and industry bodies to influence policies and safeguard business interests.

Represent the company in hearings, consultations, and working groups on regulatory and contractual matters.

Number of strategic regulatory engagements conducted per quarter

AOP & Budgeting

Drive preparation of the Annual Operating Plan (AOP), including volume targets and financial projections.

Monitor revenue performance against AOP, conduct variance analysis, and provide detailed reasoning for deviations.â¯

% saving from AOP

Budget Deviations (Planned Vs. Actual)

KEY ACCOUNTABILITIES - Additional Details

Responsibilities

Key Performance Indicators (KPIs)

Team Development and Management

Conduct periodic evaluations, identify training needs, facilitate skill development programs, and enhance team competencies.

Address team concerns, provide guidance, and create opportunities for professional growth.

Foster a culture of collaboration, accountability, and continuous improvement.

Attrition rates

Employee Engagement scores

EXTERNAL INTERACTIONS

Electricity Regulatory Commissions (CERC/SERCs)

Discoms/Utilities/Counterparties

Government Ministries and Agencies (MoP, MNRE, etc.)

Legal Advisors and Regulatory Consultants

Industry Associations

Independent Power Producers and Energy Partners

INTERNAL INTERACTIONS

Business Development Team

Legal Department

Finance & Accounts Team

Operations Team

Policy Advocacy Team

FINANCIAL DIMENSIONS

OTHER DIMENSIONS

EDUCATION QUALIFICATIONS

Bachelorâs Degree in Engineering/Law/ Commerce

MBA preferrable

LLM / Postgraduate Diploma in Laws or Regulatory Affairs

RELEVANT EXPERIENCE

20+ years of experience in regulatory affairs, energy contracts, or commercial roles within the power/energy sector with experince in Renewable Energy

Experience in dealing with Electricity Regulatory Commissions, managing PPAs, and handling contractual disputes

COMPETENCIES

Licensing and Approval Management (Expert)

Policy Advocacy (Expert)

Regulatory Compliance Monitoring (Expert)

Policy Interpretation and Implementation (Expert)

Impact Analysis of Regulatory Changes (Expert)

Dispute Resolution (Expert)

Entrepreneurship

Capability Building

Social Awareness

Planning & Decision Making

Execution & Results

Strategic Orientation

Problem Solving & Analytical Thinking

Networking

Personal Effectiveness

Teamwork & Interpersonal influence

Stakeholder Focus

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