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.