Research Analyst

Job description

Who are we seeking?

At Elekore Energy, we look forward to engage future team members who will do more than just analysis but will play significant role in understanding our clients needs. We base our ability as an organisation to deliver solutions to our clients more on our team’s talent, skills and experience.

We are keen to have onboard people who have the care and compassion to solve a clients business problem, work hard to identify the underlying issue and accord priority to finding solutions to solve it. Here, at Elekore, we value our team’s contribution as much as out thought leadership and experience in supporting clients. In solving business problems there are many unknowns. We are seeking people who can see a way though unfamiliarity, make sense out of limited information and draw insights from ambiguity. This quality will be critical to drum up critical support - both internal and external - to push ideas, plans and recommendations.

Profile Description

Key Focus: Power Sector Regulation, Electricity Markets, Tariff & Policy Analysis

• Track regulatory developments across Central and State Electricity Regulatory Commissions (CERC/SERCs), Appellate Tribunal, Ministry of Power, MNRE, and other government agencies.
• Monitor tariff orders, regulations, policy notifications, consultation papers, amendments, public notices, and judicial pronouncements affecting the power sector.
• Analyze and interpret regulatory developments and assess their implications on utilities, developers, consumers, DISCOMs, transmission licensees, and other stakeholders.
• Identify emerging regulatory trends, reforms, market developments, and policy initiatives within the electricity sector.
• Develop and maintain comprehensive regulatory intelligence databases and trackers.

Profile Roles and Expectations

• Research, analyze, and synthesize regulatory orders, petitions, consultation papers, notifications, policies, and market developments.
• Prepare concise and insightful summaries highlighting key regulatory decisions, implications, and business impact.
• Develop comparative analysis of tariff orders, regulations, and policy frameworks across different states and regulatory commissions.
• Maintain regulatory trackers, dashboards, and knowledge repositories for internal and client use.
• Support advisory, consulting, and research assignments through structured regulatory analysis and market intelligence.

Profile Responsibilities

• Conduct secondary and primary research involving regulatory commissions, government agencies, utilities, market participants, industry associations, and other stakeholders.
• Track and summarize tariff orders, true-up orders, ARR orders, procurement approvals, payment regulations, open access, banking, deviation settlement, renewable purchase obligations (RPO), transmission, distribution, and other regulatory matters.
• Analyze regulatory petitions, public consultations, draft regulations, and final regulations to identify key changes and business implications.
• Prepare comparison tables, analytical reports, newsletters, market updates, regulatory alerts, and client-specific research deliverables.
• Maintain databases of regulatory orders, tariffs, renewable policies, transmission regulations, and sector reforms.
• Monitor hearings, commission proceedings, and key regulatory events to ensure timely dissemination of updates.
• Contribute to knowledge products including regulatory newsletters, market intelligence reports, policy briefs, presentations, and client advisory reports.
• Coordinate with internal research teams to ensure accurate, timely, and high-quality regulatory deliverables.
• Ensure quality assurance and maintain the highest standards of data accuracy and report consistency.
• Continuously monitor changes in the Indian power sector regulatory framework and identify opportunities arising from policy reforms.

Desired Candidate Profile

• Experience in power sector regulatory research, electricity market analysis, consulting, utilities, market intelligence, or policy research.
• Strong understanding of the Electricity Act, Tariff Regulations, Open Access Regulations, Renewable Energy Regulations, Market Regulations, and related policy frameworks.
• Familiarity with CERC, SERCs, Ministry of Power, MNRE, POSOCO/Grid-India, NLDC/RLDC/SLDC functioning, and other sector institutions.
• Strong analytical and research skills with the ability to interpret complex regulatory documents.
• Excellent written and verbal communication skills with the ability to develop concise analytical reports.
• Organized team player with strong prioritization and time management skills.
• Ability to work on multiple projects while meeting strict timelines.
• High attention to detail and commitment to maintaining 100% data accuracy.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Familiarity with data analysis, dashboard preparation, and research methodologies will be an added advantage.
• Comfortable adapting to changing priorities and client requirements.
• A proactive mindset with strong logical reasoning, analytical thinking, and problem-solving abilities.