Job Description: AGM – Costing & Estimation (Solar Projects Tendering)

Position Overview

The Assistant General Manager (AGM) – Costing & Estimation for solar projects tendering is responsible for preparing accurate cost estimates, budgeting, and financial analysis for utility-scale and commercial solar projects. This role involves working closely with cross-functional teams, including engineering, procurement, project management, and finance, to develop competitive bids and proposals for solar tenders.

Key Responsibilities

Tendering & Cost Estimation:

Analyze tender documents, specifications, and contract requirements for solar projects.

Prepare detailed Bill of Materials (BOM) and cost breakdown for EPC (Engineering, Procurement, and Construction) contracts.
Develop cost estimates for civil, electrical, and mechanical components of the project.
Conduct feasibility studies and risk analysis for potential projects.

Prepare detailed Bill of Materials (BOM) and cost breakdown for EPC (Engineering, Procurement, and Construction) contracts.
Develop cost estimates for civil, electrical, and mechanical components of the project.
Conduct feasibility studies and risk analysis for potential projects.

Pricing & Financial Analysis

Prepare cost comparison sheets for different vendors and subcontractors.

Analyze market rates for major components such as solar modules, inverters, structures, and BOS (Balance of System) equipment.
Develop cost models considering CAPEX, OPEX, IRR, and payback period for project viability.

Analyze market rates for major components such as solar modules, inverters, structures, and BOS (Balance of System) equipment.
Develop cost models considering CAPEX, OPEX, IRR, and payback period for project viability.

Vendor & Supplier Coordination

Float RFQs (Request for Quotations) and obtain competitive pricing from vendors.

Evaluate vendor proposals and negotiate pricing for cost optimization.
Build and maintain relationships with key suppliers and contractors.

Evaluate vendor proposals and negotiate pricing for cost optimization.
Build and maintain relationships with key suppliers and contractors.

Technical & Commercial Analysis

Collaborate with the engineering team to optimize system design for cost efficiency.

Ensure compliance with regulatory requirements, bid guidelines, and industry standards.
Identify value engineering opportunities to enhance project competitiveness.

Ensure compliance with regulatory requirements, bid guidelines, and industry standards.
Identify value engineering opportunities to enhance project competitiveness.

Project Budgeting & Control

Develop project budgets and track cost variations throughout the project lifecycle.

Prepare cost reports, cash flow projections, and deviation analysis.
Work closely with the finance team to assess financial risks and funding requirements.

Prepare cost reports, cash flow projections, and deviation analysis.
Work closely with the finance team to assess financial risks and funding requirements.

Stakeholder Communication & Reporting

Coordinate with internal teams, including Business Development, Engineering, Procurement, and Finance.

Provide timely updates to senior management on cost trends, risks, and opportunities.
Assist in the preparation of tender presentations and client negotiations.

Provide timely updates to senior management on cost trends, risks, and opportunities.
Assist in the preparation of tender presentations and client negotiations.

Qualifications & Experience

Education: B.E./B.Tech in Electrical, Mechanical, Civil, or equivalent; MBA (Finance/Operations) is a plus.
Experience: 10–15 years in cost estimation, budgeting, and tendering for solar EPC projects.

Skills:Strong knowledge of solar PV components, project costing, and tendering processes.
Expertise in using cost estimation tools and software (Excel, SAP, ERP, or similar).
Excellent negotiation and vendor management skills.
Understanding of financial modeling and PPA (Power Purchase Agreement) structures.

Skills:Strong knowledge of solar PV components, project costing, and tendering processes.
Expertise in using cost estimation tools and software (Excel, SAP, ERP, or similar).
Excellent negotiation and vendor management skills.
Understanding of financial modeling and PPA (Power Purchase Agreement) structures.

Asst. General Manager