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.
