Chief Manager- Project Development

Position Title

Chief Manager - Project Development 

Position Summary

The individual will be responsible to provide data-driven strategic insights and drive strategy formulation along with determining the types of risks that could affect the financial health and/or project delivery on time and as per budget.

What we promise you

• The individual will be responsible to provide data-driven strategic insights and drive strategy formulation along with determining the types of risks that could affect the financial health and/or project delivery on time and as per budget.
• A platform to experiment fearlessly
• A deep respect and focus on your individual well-being, personal space, and overall growth

Position Demands

Travel as and when required

Key Accountabilities / Responsibilities

• Responsible for executing reported KPI governance committee directives and able to provide data-driven strategic insights
• To drive strategy formulation and to ensure organization’s alignment with it
• Quantify and develop risk mitigation plans and maintain risk registers at project and portfolio level.
• Develop financial tracking and reporting framework. Ensure accurate, periodic financial forecast, sound variance analysis, cash flow sensitivity analysis and active identification of efficiency opportunities.
• Works with stakeholders to develop and manage risk management policies
• Reviews any new major internal business proposals, providing risk assessment and analysis input for the Investment Committee

About Us

Serentica Renewables is a renewable energy generator that enables energy-intensive industries transition to a clean energy future. We provide assured, firm renewable energy (RE) by developing, operating, and dispatching greenfield solar, wind, energy storage with balancing solutions.

Serentica plans to install ~1500 MW of solar & wind power across multiple sites in the states of the Karnataka, Rajasthan, and Maharashtra where the company has already acquired connectivity approvals. A large part of this capacity will be used to deliver close to 600MW of round-the-clock clean energy to various entities of the Vedanta Group. The company will focus on providing direct green energy solutions to commercial and industrial customers.

Aiding India’s Decarbonization agenda

Serentica is committed to reversing climate change by decarbonizing energy-intensive industries such as Steel, Cement, Aluminium and Zinc. Industries account for over 30% of total carbon emissions. In the medium-term, Serentica aims to install 5000MW of carbon-free generation capacity coupled with different storage technologies. Eventually, it aims to supply over 15 billion units of clean energy annually and displace 20 million tonnes of CO2 emissions.