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Mercados Energy Markets Reviews by Employees

Analyst

Manager

Senior Manager

Senior Analyst

About Mercados Energy Markets India Pvt. Ltd : 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 and Lucknow. Mercados has presence across the Energy Value Chain and serves Clients both in the public and private domain, with its dedicated team of over 170+ (and counting) professionals. Mercados boasts of having successfully completed 800+ assignments for its esteemed clients. Mercados operates under two broad verticals, namely 'Management Consulting' and 'Enterprise SaaS'. While the Management Consulting Vertical provides leading edge Advisory solutions to generation companies with over 42 GWs of conventional and renewable energy-based capacities, distribution companies with over 54 million consumers and large industrial consumers : the Enterprise SaaS Vertical aims at offering tailor-made digital solutions, power portfolio management, generation planning and algorithmic trading solutions - "Joule OS" - to Utilities in India. Our Consulting portfolio envelopes diverse segments like 'Strategy and Business Growth', 'Policy, Economic Analysis and Regulations', 'Planning, Energy Markets & Simulation Models', 'Transaction Advisory Services', 'Integrated Energy Supply Services' and 'Performance Improvement (Utility Management Services)'. About the Role : - Implementation & Operation of IT Systems : Lead the end-to-end implementation, operation, and optimization of IT systems for energy accounting and verification of power generator bills, ensuring accuracy, compliance, and operational efficiency. - Project Monitoring & Execution : Monitor and manage all project activities as per the defined scope of work, ensuring on-time delivery, stakeholder coordination, and adherence to quality standards. - Domain Expertise - Regulatory & Commercial : Provide comprehensive domain expertise on regulatory and commercial aspects of the Indian power sector. - Ensure all system features and functionalities align with current rules, market structures, and commercial practices. - Incorporate update requirements w.t policies changes, recent judgement/orders, regulatory guidelines, and commercial frameworks to ensure the IT system remains compliant, relevant, and effective. - Energy Accounting & Billing Management : Oversee IT system support for energy accounting, generator billing, and DSM (Demand Side Management) billing processes within power distribution utilities. - Advisory & Strategic Support : Offer expert advisory and consulting services to power sector stakeholders, driving improvements in energy accounting and billing through IT solutions. - Coordination with key agencies such as SLDCs, STUs, RLDCs, and GRID-INDIA as and when required to ensure seamless integration and alignment of IT systems across the electricity value chain. - Technical Oversight & Problem Solving : Resolve technical and operational issues in system deployment, ensuring high system availability, data accuracy, and user satisfaction. Detailed expectations from the role : - Proven experience in managing, implementing, or supporting IT systems related to power procurement, energy scheduling, and billing for power distribution companies in India. - A strong understanding of power purchase processes, generator billing, and energy accounting is essential. - In-depth knowledge of regulatory and commercial aspects of the Indian power sector, including policies, compliance requirements, and market mechanisms. - Hands-on experience with IT systems supporting state-level energy accounting within distribution utilities. - Familiarity with IT systems used for DSM (Demand Side Management) billing in distribution companies. - Experience working with or understanding the IT system requirements of key power sector entities such as SLDCs (State Load Dispatch Centers), STUs (State Transmission Utilities), RLDCs (Regional Load Dispatch Centers), and GRID-INDIA. Required skill set : - Proven experience in managing, implementing, or supporting IT systems related to power procurement, energy scheduling, and billing for power distribution companies in India. - A strong understanding of power purchase processes, generator billing, and energy accounting is essential. - In-depth knowledge of regulatory and commercial aspects of the Indian power sector, including policies, compliance requirements, and market mechanisms. - Hands-on experience with IT systems supporting state-level energy accounting within distribution utilities. - Familiarity with IT systems used for DSM (Demand Side Management) billing in distribution companies. - Experience working with or understanding the IT system requirements of key power sector entities such as SLDCs (State Load Dispatch Centers), STUs (State Transmission Utilities), RLDCs (Regional Load Dispatch Centers), and GRID-INDIA. Education and Experience : - BTech/ MTech with MBA (Finance) - More than 15 years' experience in providing consultancy services and advisory assistances to power sector entities. Location : Base location shall be Lucknow Uttar Pradesh

Mercados - Senior Manager (15-20 yrs)

About Mercados Energy Markets India Pvt. Ltd : 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 and Lucknow. Mercados has presence across the Energy Value Chain and serves Clients both in the public and private domain, with its dedicated team of over 170+ (and counting) professionals. Mercados boasts of having successfully completed 800+ assignments for its esteemed clients. Mercados operates under two broad verticals, namely 'Management Consulting' and 'Enterprise SaaS'. While the Management Consulting Vertical provides leading edge Advisory solutions to generation companies with over 42 GWs of conventional and renewable energy-based capacities, distribution companies with over 54 million consumers and large industrial consumers : the Enterprise SaaS Vertical aims at offering tailor-made digital solutions, power portfolio management, generation planning and algorithmic trading solutions - "Joule OS" - to Utilities in India. Our Consulting portfolio envelopes diverse segments like 'Strategy and Business Growth', 'Policy, Economic Analysis and Regulations', 'Planning, Energy Markets & Simulation Models', 'Transaction Advisory Services', 'Integrated Energy Supply Services' and 'Performance Improvement (Utility Management Services)'. About the Role : - Assist the Project Manager in the successful execution of power sector IT projects. The candidate is Full Stack Developer / Python (Django) Developer. - The candidate should have at least 5 years of experience with Python, 3 years with Django. - They should also have a minimum of 3 years of experience working with React. - Experience with MongoDB is preferred. - Information Technology Processes : Responsible for handling and managing information technology processes within power sector projects. - IT Systems Management : Engaged in assignments with hands-on experience in managing and supporting IT systems. - Data Analytics Application : Apply data analytics skills in relevant project assignments. - Power Sector Specialization : Focus specifically on IT and data analytics within the Indian Power Sector. - Team Collaboration : Work effectively as part of a team of IT Domain Experts to achieve project goals. - Delivery & Timelines : Contribute to meeting go-live timelines and deliverables as outlined in project plans. - Technical Expertise : Utilize strong technical background in Computer Science/Information Technology (CS/IT) or related fields. - Problem Solving : Identify and resolve IT-related issues encountered during project implementation. - Documentation & Reporting : Potentially involved in documenting IT processes and reporting progress to the Project Manager. - Continuous Improvement : Contribute to the optimization and improvement of IT processes within the power sector. Detailed expectations from the role : - Must have relevant experience within the last 5 years working on assignments in the Indian power sector, with demonstrated expertise in IT systems and data analytics. - Proven experience in designing and developing web portals, software applications, and interactive dashboards-particularly analytics-driven dashboards-for power sector entities. - Hands-on experience in managing backend systems, databases, and data pipelines that support operational and analytical dashboards. - Strong understanding of IT processes, system integration, and data management practices specific to the requirements of the power sector. Required skill set : - Must have relevant experience within the last 5 years working on assignments in the Indian power sector, with demonstrated expertise in IT systems and data analytics. - The candidate is Full Stack Developer / Python (Django) Developer. - The candidate should have at least 5 years of experience with Python, 3 years with Django. - They should also have a minimum of 3 years of experience working with React. - Experience with MongoDB is preferred. - Proven experience in designing and developing web portals, software applications, and interactive dashboards-particularly analytics-driven dashboards-for power sector entities. - Hands-on experience in managing backend systems, databases, and data pipelines that support operational and analytical dashboards. - Strong understanding of IT processes, system integration, and data management practices specific to the requirements of the power sector. Education and Experience : - BCA/ MCA/B. Tech (CS/IT)/ BE (CS/IT). - Atleast 5 years' experience in assignments with experience in IT systems, dashboard management and data analytics

Lucknow

Mercados - Full Stack Developer - Python/React.js (5-10 yrs)

About the Role : We are seeking a highly skilled and experienced 'Senior Analyst-Enterprise SaaS' to join our team, specializing in the Indian power sector. The ideal candidate will have a robust background in machine learning algorithm development, financial modelling, and energy portfolio management. Additionally, expertise in backend development using Python and R, advanced visualization techniques with Python, Tableau, and Power BI, along with database management is required. Role & Responsibilities : The key responsibilities of this role will include the following : Model Development : - Develop, implement, and optimize machine learning models for demand and price forecasting, anomaly detection, and optimization within the energy sector. - Utilize Python, R, TensorFlow, scikit-learn, and other libraries to build robust models. - Collaborate with cross-functional teams to integrate machine learning models into production environment. - Utilize EDA (Exploratory Data Analysis) and ETL (Extraction transformation and load) tools for developing machine learning models. - Manage and optimize large-scale databases using SQL, NoSQL (MongoDB). - Build and maintain financial models using Python, R, and Advanced Excel to assess and manage energy portfolios, risk assessment, and investment strategies. - Analyse market trends, regulatory impacts, and economic factors influencing the Indian power sector using statistical techniques. - System (Data) automation using VBA and Macros. - Hands on experience in Short/Medium/Long Term Load Forecasting and Price Forecasting using statistical and machine learning tools. Advanced Visualization Techniques : - Develop insightful and interactive visualizations using Python (Matplotlib, Seaborn), Advanced Excel, Tableau, and Power BI to support decision-making and stakeholder communication. - Create and maintain dashboards for meaningful reports that monitor key performance indicators and model outputs. - Optimization and Energy Management Dashboard creation Required skill set : - Manage and optimize databases like SQL, NoSQL (MongoDB). - Utilize Python libraries like Pandas, Scipy, TensorFlow, scikit-learn, and other libraries to build models. - Utilize Python libraries like Matplot-lib, Seaborn and other tools to develop visualization insight from data. - Proficiency in Advance Excel, VS-Code and various tools for data analysis purpose. Preferred Skills : - Expertise in time series analysis and forecasting techniques. - Understanding of electricity energy trading. - Familiarity with optimization techniques for energy management. - Experience with Git. - Experience with cloud platforms such as AWS, Azure, or Google Cloud. - Knowledge of Indian energy sector policies, regulations, and market operations. - Knowledge of optimization using GAMS (General Algebraic Modelling System) - Strong communication and collaboration skills. Education and Experience : - B.Tech / Master's in Computer Science, Information Technology or related fields with 4+ years' experience in power sector. - Relevant experience in backend development with specialization in data science, machine learning, and database management, with a focus on the energy sector. - Proficiency in Python, R, and advanced visualization tools (Power BI and Advance Excel). - Understanding of energy markets and portfolio management. Base location shall be Mumbai. However, the role might require the applicant to undertake travel for pursuing various opportunities.

Mumbai

Mercados Energy Markets - Senior Analyst (4-6 yrs)

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