Saturday, March 27, 2010

Manager / Senior Manager / AGM – HR & Admin

Candidate should be a post graduate in HR / Law / IR with 10 to 25 years of Experience in Handling HR / Admin / IR functions at Sites in the Power (preferably HEP) / Heavy Engineering Sector in Himachal Pradesh, J&K, or Punjab. He will be responsible for overall site administration at HEP site. He should co-ordinate with Head office/ Project Manager to comply various correspondences from Govt. / Non Govt. organizations.

Desired Candidate Profile
 
  • Experience of handling project HR, IR & Administration in Power / Engineering sector is a must
  • Experience in maintaining harmonious industrial relations, complying with all statutory provisions related to labor & welfare laws; negotiation with Unions & signing settlements.
  • Exposure to negotiation, awarding & monitoring of contracts for facility management, security management, employee accommodation management, canteen management, travel Management etc.
  • Experience in networking and effective coordination with external agencies like Contractors, Service Providers, and Local Authorities etc.

Job Description

  • Responsible for Recruitment, Selection & Induction
  • Responsible for preparation and adherence to the local HR/administration budget.
  • Complying all provisions of acts & statues related to labor.
  • Responsible for training all employees at site starting from identification of training need and adherence to training need compliance index.
  • Responsible for designing and deploying policy driven and productivity oriented administration system.
  • Responsible for maintaining harmonious IR at site. 
 REFERRAL REWARD : INR 40,000/-
HR from the Heart: Inspiring Stories and Strategies for Building the People Side of Great Business

Srikanth Nyshadham
+91-98665-06729


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Thursday, March 18, 2010

Increasing Opportunities : Birla Power to invest Rs 5,000 cr in thermal & solar power projects

Birla Power Solutions will invest nearly Rs 5,000 crore to set up thermal and solar power projects in the next three years, according to chairman Yash Birla. Mr Birla on Wednesday said his group has floated a special purpose vehicle (SPV) — Birla Urja — to run the power business. Birla Power holds a 51% stake in the SPV, while the balance is with group companies.

According to him, his group will set up 600 mw of thermal power plant capacity in Maharashtra and 125 mw solar power capacity in Andhra Pradesh, Rajasthan, Uttaranchal and Haryana. The investments in the power projects will have a debt-equity ratio of 70:30. “The equity component will be funded through various options, including contribution from the promoters and private equity funds, while debt will come from institutions like State Bank of India and Power Finance corporation,” Mr Birla said.

However, analysts are unclear on how the group will fund such large projects. A power analyst said Mr Birla needs to chip in least Rs 1,500 crore to finance the projects. The present market capitalisation of Birla Solutions is Rs 160 crore. The stock gained 10% to close at Rs 3.91. Birla Cotsyn, another company of his group, is valued at Rs 120 crore.

“Half of the power generated from the plants will be sold to state distribution companies, while the balance will be for the captive use of group facilities,” said Mr Birla. Meanwhile, Birla Power on Wednesday informed BSE that its board would meet on March 25 to discuss the fund-raising options

Source: The Economic times

Srikanth Nyshadham
+91-98665-06729


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Saturday, March 6, 2010

India Makes Big Infrastructure Plans- MORE OPPORTUNITIES

According to reports citing the Indian Union Budget for 2010-11, major public sector units (PSUs) of the country have planned for $60.5 billion in capital expenditures in the 2010-2011 financial year. Of the $60.5 billion estimated to be spent, much of it is likely to be for metals-intensive projects, such as the more than $26 billion earmarked for the power and petroleum industries.

The road and rail transportation and telecom sectors also rank high among the spenders, showing an increase in project spending during the 2010-2011 fiscal year, according to the Bangalore, India, office of United States-based Industrial Info Resources (IIR). Other expenditures have been identified in the shipping, urban development and steel sectors.

In the urban development segment, the Metro Rail corporations of New Delhi, Chennai and Bangalore have all planned for investments, with Delhi Metro Rail Corp., New Delhi, looking to spend about $890 million, according to IIR.

Telecom utilities Mahanagar Telephone Nigam Ltd., New Delhi, and Bharat Sanchar Nigam Ltd., New Delhi, have allocated $262 million and $3.2 billion, respectively, toward capital expenditure outlays for the 2010-2011 fiscal year.

The Steel Authority of India Ltd., New Delhi, has proposed an investment of between $2.6 billion and $2.8 billion for the time period.

In the power sector, NTPC Ltd., New Delhi, has planned to spend more than $4.8 billion during 2010-11, The figure is estimated to be 50 percent more than what has been spent in the current financial year. Combined, planned spending by power sector PSUs are likely to be in the range of $11.1 billion, compared with $8.4 billion in the current fiscal year, according to IIR.

The firms in the oil and gas sector have set aside $15.1 billion for new projects and upgrades in the 2010-2011 fiscal year. Oil & Natural Gas Corp., New Delhi, plans to infuse $5.8 billion into the sector while Indian Oil Corp. Ltd., Mumbai, is planning to spend about $2.8 billion.

Meanwhile, industrial production in India has been on the rise since the fourth quarter of 2009, recording growths of 11.7 percent and 16.8 percent, respectively, in November and December of 2009, according to IIR.


Srikanth Nyshadham
+91-98665-06729


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Thursday, March 4, 2010

Senior Manager / AGM / DGM – Business Development

Role & Responsibilities
 
  • Feasibility Study - To scan the environment for business opportunities in the area of Power Plants (Thermal, Wind, Solar, Nuclear) and advice the management on the same.  
  • To participate in competitive bids for development of Power Plants under Case I and Case II bidding guidelines of Ministry of Power. 
  • To be able to get actively associated with the post takeover/ pre-construction phase insuring all the compliance's with respect to the PPA requirements, related to time, cost and operating parameters.  
  • To understand the implications of existing Govt Policies, Rules & Regulations formulated by different Central and State Regulators, including in depth knowledge/understanding of Electricity Act 2003

Reporting to : Vice President – Business Development
 
Qualification & Expereience
  1. BE 
  2. Analytical skills, good communication and interpersonal skills. 
  3. Command over English language –Written and spoken   
  4. Relevant experience of 12-18 years  in   Power Sector
REFERRAL REWARD : INR 40,000/-

Srikanth Nyshadham
+91-98665-06729

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