Asst. General Manager

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.

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.

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.

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.

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.

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.

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.