Manager / Sr Analyst - Management Consulting

A. About the Company:

Mercados Energy Markets India Pvt. Ltd. (Mercados) is a specialist consultancy firm, exclusively focused on business solutions in the energy and environment domain.

Having begun our operations in India in 2008 supporting clients across the energy sector, we strive to promote efficient and sustainable energy markets; design effective regulations and assist energy businesses to succeed. Our approach integrates innovative, state-of-the-art techniques with practical, tailor-made solutions to solve current energy sector challenges. We have permanent offices in New Delhi (head office), Gurgaon, Mumbai, Ahmedabad, Pune and Lucknow.

Mercados has presence across the Energy Value Chain and serves Clients both in the public and private domain. Mercados operates under two broad verticals, namely Management Consulting and Enterprise SaaS. Our Consulting portfolio envelopes diverse segments like Strategy and Business Growth, Policy, Economic Analysis and Regulations, Planning, Energy Markets C Simulation Models’, ‘Transaction Advisory Services’, ‘Integrated Energy Supply Services’ and ‘Performance Improvement (Utility Management Services)’.

B. About the Role:

• We are seeking a Regulatory Specialist to support regulatory advisory, tariff analysis, and compliance activities for power sector projects
• The role involves working closely with senior consultants and stakeholders in preparing regulatory submissions, analysing policies, and supporting tariff-related assignments.

C. Detailed expectations from the role:

• Assist in preparation and filing of tariff petitions (MYT, True-up, ARR, etc.) before regulatory commissions.
• Support analysis of tariff regulations, policies, and regulatory frameworks.
• Prepare and review regulatory documents, filings, and submissions.
• Assist in data analysis and financial modelling for tariff determination.
• Coordinate with utilities, regulators, and internal teams for data collection and compliance requirements.

D. Required skill set

• Basic understanding of power sector regulations and tariff principles.
• Familiarity with SERC/CERC regulatory processes.
• Knowledge of financial analysis and tariff modelling concepts.
• Strong analytical and documentation skills.
• Proficiency in MS Excel and PowerPoint.

E. Education and Experience
Atleast 7 years of total experience in the Power Distribution Sector, with 3+ years of experience of supporting Central/ State Power generating power utility or SERC/ CERC on tariff and regulatory matters

• Chartered Accountant (CA) from ICAI

F. Location:

• Base location shall be Jabalpur. However, the role would require the applicant to undertake travel for pursuing various opportunities.

G. Remuneration Structure

• We offer a motivation based and competitive reward package.