Build and maintain detailed project finance models tailored for power transmission assets. including tariff-based competitive bidding (TBCB) and regulated return (cost-plus) projects.
Incorporate updates such as project progress, revised cost estimates, debt drawdowns, and changes in tariffs into the financial models.
Conduct sensitivity and scenario analysis to evaluate the impact of delays, cost overruns, and regulatory changes on project IRRs and DSCRs.
Financing & Documentation
Understanding of key business documents such as transmission service agreement.
Drafting and updating Information Memoranda (IMs) for project financing and refinancing transactions.
Support in the preparation of term sheets, loan agreements, and lender deliverables.
Coordinate technical, legal, and financial due diligence processes in collaboration with external advisors.
Stakeholder & Bank Liaison
Liaise with banks, financial institutions, and multilaterals to manage the financing process. Respond to lender queries and manage data information flow. Support compliance with lender covenants and periodic reporting.]
Credit Evaluation & Risk Assessment
Assess the creditworthiness of power transmission projects including evaluation of project cash flows, counterparty risk profile (DISCOMs, CTU/STU), and regulatory risk.
Identify and analyze key risk areas such as regulatory approval timelines, payment security mechanisms, termination payments, and change-in-law provisions
Prepare internal credit notes and detailed information memorandum, presentations, and discussion with lenders and internal stakeholders.
Monitoring & Reporting
Assist in post-financing monitoring of conditions of financing documents.
Track key metrics such as availability, billing efficiency, payment collection timelines, and compliance with financing terms.
Qualifications
Educational Qualification:
Chartered Accountant (CA) or MBA (Finance) or CFA
Experiences
24 years of experience in financial analysis or credit evaluation for the infrastructure projects, working with banks and financial institutions, experience working on project finance, debt syndication, or rating assessments for infrastructure asset.
Preferable to have experience in preparing financial modeling in Excel
