Chief Executive Officer

Job Purpose

To provide strategic leadership and direction for the successful operation, profitability, sustainability, and growth of the thermal power plant. The CEO will be responsible for overseeing all aspects of plant operations, regulatory compliance, stakeholder management, financial planning, and organizational development.

Key Responsibilities

1. Strategic Leadership

• Develop and execute long-term business strategies aligned with corporate vision.
• Identify and pursue opportunities for plant expansion, capacity optimization, and diversification.
• Lead initiatives for operational excellence, digital transformation, and sustainability.

2. Operational Oversight

• Ensure smooth operations of the thermal power plant with optimal performance, efficiency, and safety.
• Monitor plant KPIs including plant load factor (PLF), heat rate, auxiliary power consumption, and outage factors.
• Drive initiatives for cost reduction, technological upgrades, and productivity enhancement.

3. Regulatory & Compliance

• Ensure compliance with environmental regulations, emissions norms, and safety standards as per statutory bodies (e.g., CEA, MoEF, State Pollution Control Boards).
• Liaison with government authorities, regulatory bodies, and local stakeholders.

4. Financial & Commercial Management

• Prepare annual budgets, business plans, and cost-control strategies.
• Manage Power Purchase Agreements (PPAs), fuel supply agreements (FSAs), and vendor contracts.
• Lead fundraising efforts and investor relations if applicable.

5. People Leadership

• Build a strong leadership team and develop a high-performance work culture.
• Promote skill development, employee engagement, and succession planning.

6. Stakeholder Communication

• Present business performance updates to the Board.
• Build and maintain trust with investors, community leaders, media, and other stakeholders.

Key Result Areas (KRAs)

• Achievement of targeted PLF and generation.
• Compliance with statutory and environmental regulations.
• Operational efficiency and reduction in specific fuel consumption.
• Timely execution of capex and maintenance schedules.
• Profitability and EBITDA margins.
• Safety metrics zero fatal incidents, LTIFR within acceptable norms.
• Employee retention and satisfaction scores.
• Community and stakeholder engagement outcomes.