Website:
gna.energy
Job details:
Location: Gurugram
Qualifications: Bachelor’s degree in electrical engineering, Power Systems, or a related field; MBA/PGDM in Power Management, Energy, or a related discipline preferred
Experience: 3 to 5 years, preferably with a power exchange, Generator, power trading company, DISCOM, or open-access consumer.
About The Company
GNA Energy is India’s premier digital OTC (Over-the-Counter) platform bringing together buyers and sellers of electricity. Registered with the Central Electricity Regulatory Commission (CERC) to establish and operate an OTC Platform for the Indian power market, GNA Energy enables bilateral electricity transactions, Virtual Power Purchase Agreements (VPPAs), and Battery Energy Storage System (BESS) - linked structures in a transparent, flexible, and secure manner. Through its Data and Analytics Capability Centre (GDACC), GNA Energy also serves as a trusted data repository and analytics provider for the Indian power market, helping clients with energy management, RPO compliance, and decarbonisation. For more information, please visit the company website –
GNA Energy | India's Premier OTC Platform.
Role Overview
As part of the Market Operations team, you will be responsible for the end-to-end execution of bilateral and OTC power transactions on the GNA Energy platform – from deal registration and scheduling through to settlement and reconciliation. The role involves close coordination with buyers, sellers, and regulatory/grid agencies to ensure smooth, compliant, and timely execution of trades, along with continuous improvement of operational processes and platform functionality.
Key Responsibilities
- Operational Oversight and Trade Execution:
- Manage the end-to-end lifecycle of bilateral and OTC power transactions executed on the platform – deal registration, confirmation, scheduling, and closure.
- Facilitate matching and confirmation of buy/sell offers between market participants as per contract terms.
- Support structuring and execution of Virtual Power Purchase Agreements (VPPAs), REC, and RPO-linked transactions.
- Coordinate power scheduling and open-access approvals as per Grid Code, General Network Access (GNA) regulations, and open-access procedures.
- Monitor continuous operations of the trading platform to ensure accuracy, uptime, and data integrity.
- Client and Departmental Coordination:
- Support onboarding of market participants (DISCOMs, C&I clients, generators, and traders) and guide them on platform usage.
- Resolve issues related to cash limits/collateral, enablement/disablement, and curtailment as per company policy and scheduling procedures.
- Generate and share operational reports and portfolio summaries with clients and internal stakeholders.
- Address and resolve client queries and operational concerns within defined timelines.
- Coordinate with Business Development, Legal, and Technology teams to streamline transaction flow.
- Reconciliation and Compliance:
- Prepare and share periodic reconciliation statements with counterparties, RLDC, and SLDC.
- Reconcile transaction charges, transmission losses, congestion charges, margin/collateral positions, and GST as applicable.
- Track and follow up on invoicing, payments, and settlement of dues between counterparties.
- Regulatory Coordination:
- Liaise with CERC, RLDC, NLDC, SLDC, and relevant SERCs for scheduling approvals and operational matters.
- Prepare and submit periodic reports and filings to CERC, NLDC, and CEA as applicable to OTC platform operations.
- Stay updated on evolving open-access, GNA/T-GNA, RPO/REC, and power market regulations impacting platform operations.
- Follow up on congestion-related and transmission-related queries with NLDC/RLDC.
- Audit and Process Improvement:
- Prepare audit and MIS reports; identify process gaps and discrepancies in trade execution and settlement.
- Coordinate with the Technology and Data Analytics (GDACC) teams for defect resolution and platform enhancements.
- Support User Acceptance Testing (UAT) for new platform features and functionalities.
- Deviation and Risk Monitoring:
- Track and analyse scheduling deviations, settlement discrepancies, and counterparty risk.
- Recommend and implement preventive measures to minimise deviations and operational risk.
Key Accountabilities
- Efficient, accurate, and timely execution of bilateral/OTC power transactions on the platform.
- Effective coordination with clients, internal teams, and regulatory/grid agencies.
- Accurate reconciliation, invoicing, and settlement of transactions.
- Timely and compliant regulatory reporting and coordination.
- Robust audit trails and continuous improvement of operational processes.
- Proactive identification and resolution of process and platform defects in collaboration with the Technology team.
Essential Skills And Expertise
- Knowledge:
- OTC/bilateral power trading, open-access and General Network Access (GNA) regulations, Electricity Act, and Grid Code.
- RPO, REC, and VPPA frameworks, and their application in the Indian power market.
- Functions of SLDC, RLDC, and NLDC, and power scheduling procedures.
- Technical Skills:
- Proficient in MS Excel (macros, Visual Basic) and other analytical/reporting tools.
- Comfortable working with trading, scheduling, or data-analytics platforms; strong numerical and problem-solving skills.
- Interpersonal Skills:
- Ability to work independently and under pressure in a fast-paced market environment.
- Strong client-facing communication, team collaboration, and conflict-resolution skills.
- Strong initiative, ownership, and time management.
- Additional Skills:
- Expertise in accounts reconciliation, BRS preparation, and process documentation.
Key Competencies
- Collaboration & Teamwork – Working closely with internal teams, market participants, and regulatory bodies to ensure smooth OTC platform operations and compliance with power market rules.
- Attention to Quality and Detail – Ensuring accuracy in trade data, reports, and settlements by closely monitoring platform operations and identifying discrepancies.
- Analytical Thinking – Applying data-driven analysis to assess market trends, optimise operations, and resolve complex market-related issues.
- Time Management & Prioritisation – Managing multiple tasks such as scheduling, reporting, and real-time monitoring while prioritising critical operations.
- Problem-Solving Skills – Addressing operational challenges, including scheduling deviations, settlement discrepancies, and compliance issues, by identifying root causes and implementing solutions.
- Coaching & Mentoring Skills – Sharing knowledge, best practices, and industry insights with team members to enhance operational efficiency and market expertise.
- Adaptability – Staying flexible and responsive to dynamic market conditions, regulatory changes, and evolving OTC/power trading mechanisms.
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