Asset Management Solar Projects

Key Responsibilities

Taking over of completed Sites from Projects

• Taking over of projects completed by Project teams in all aspect and further co-ordination with other stakeholders
• Finalisation of O& M Partners and issuance of work orders to them
• Developing of O&M team, partners for site maintenance
• Yearly Budget planning

Performance Monitoring & Analytics

• Monitor real-time plant performance, system health, and energy generation using SCADA and performance analytics software.
• Investigate energy yield deviations (e.g., PR - Performance Ratio degradation) and implement corrective actions.
• Coordinate regular physical and technical inspections (including drone thermography) to identify string issues, equipment failures, or soiling losses.

Financial Management & Reporting

• Track the financial performance of the assets, including revenue generation, operating expenses, and overall profitability.
• Collaborate with Finance and Accounting teams to develop budgets, financial forecasts, and investor/lender reports.
• Oversee site invoicing, validate contractor expenses, and process insurance claims.
• Submission of Invoice to MSEDCL and payment collection.

Contract & Stakeholder Management

• Administer power purchase agreements (PPAs), land leases, and grid interconnection contracts.
• Manage and coordinate with Operations and Maintenance (O&M) teams and sub-contractors (e.g., panel cleaning, vegetation management) to minimize plant downtime.
• Maintain relationships with local authorities, landowners, and regulatory bodies.

Compliance & Risk Management

• Ensure strict adherence to Health, Safety, Security, and Environmental (HSSE) policies across the plant.
• Ensure total compliance with local grid regulations, government incentive/subsidy schemes, and grant requirements.
• Manage risk by maintaining adequate insurance coverage and mitigating physical or commercial risks.

Reporting to Management:

• Regularly submitting MIS reports to Top Management
• Billing and collections
• Interaction with MSEDCL official regularly for timely collection.