Summary
Overview
Work History
Education
Skills
References
Timeline
Generic
Mayaank A Bhagat

Mayaank A Bhagat

New Delhi

Summary

Senior power sector expert with over 10 years of experience in Business Development, Power Trading, Regulatory & Corporate Affairs. Acknowledged for pioneering innovative business models and cultivating robust partnerships within Indian electricity ecosystem. Proven history in regulatory compliance, extensive stakeholder engagement, policy advocacy, and delivering groundbreaking power market solutions.

Overview

12
12
years of professional experience

Work History

AVP – Business Development (Founding Member)

GNA Energy Private Limited
New Delhi
02.2024 - Current
  • Founding member of GNA Energy’s OTC (Over-the-Counter) platform, leading business development strategy and execution.
  • Registered multiple DISCOMs and generators, rapidly building a diverse and active market ecosystem.
  • Drove policy advocacy with regulatory bodies and industry associations, accelerating acceptance and clarity for platform operations.
  • Brought over 15GW of liquidity onto the OTC platform within a single year, establishing GNA as a major innovator in the Indian power market.
  • Successfully closed the first-ever OTC banking transaction (~250MUs), setting new industry precedents and enhancing market credibility.
  • Developed the comprehensive business plan guiding regulatory, commercial, and technical scale-up, including compliance and risk management framework.

Senior Manager – Business Development

Manikaran Power Limited
New Delhi
03.2023 - 01.2024
  • Led regulatory compliance for open access and bilateral power trading, collaborating closely with CTUIL, CERC, SERCs, and Ministry of Power.
  • Managed a diverse C&I portfolio, developed tailored renewable energy solutions, and maintained strong relationships across industrial and commercial clients.
  • Resolved operational, contractual, and regulatory challenges; enabled market expansion targeting RE100 companies and decarbonization-focused clients.
  • Regularly analyzed energy market regulations, tracking competitor activities and identifying new business opportunities.

Head – Business Development & Operations

Dynamic Energy Plus Pvt Ltd
New Delhi
06.2022 - 04.2023
  • Built and led business development and compliance operations, advocating with regulatory authorities for open market trading.
  • Developed financial models and risk assessment tools for open market sales, supporting policy compliance and investor relations.
  • Established internal business processes, promoted compliance, and delivered cross-team regulatory training.

Billing Engineer

Alfanar Energy Private Limited
01.2020 - 06.2022
  • Negotiated and executed commercial contracts, ensuring alignment with latest CERC and SERC norms.
  • Conducted risk assessments, analyzed tenders, and tracked government policies for smooth project delivery.
  • Coordinated regulatory filings and approvals with SECI & NTPC, keeping projects in regulatory harmony.

Executive – Business Development (Power & Renewable)

Adani Group – Power & Renewable Business
Delhi
09.2013 - 01.2020
  • Managed technical and commercial operations for large-scale power trading at Adani Power’s thermal plants; oversaw both bilateral and collective market transactions.
  • Ensured full regulatory compliance under LTOA, MTOA, and STOA PPA mechanisms.
  • Executed government liaison and stakeholder engagement: MNRE, RLDCs, DISCOMs, NTPC, SECI, CERC, SERC, CEA, MoP, Energy Exchanges.
  • Delivered revenue management, market intelligence, and internal/external stakeholder management.
  • Received CEO spot recognition for recovering Rs 89 Crs from SECI (long outstanding).
  • Generated Rs 9.91 Crs by pioneering open market power sale strategies.
  • Successfully recovered Rs 28.9 Lacs disputed from NTPC.
  • Devised and implemented a pan-India power purchase system for Adani Wilmar, increasing revenues.

Engineer

REC Ltd
06.2013 - 09.2013
  • Conducted investment and risk feasibility studies for new power projects, utilizing IRR, ERR, and advanced risk management tools under regulatory guidelines.

Education

MBA - International Business

Bharati Vidyapeeth University
New Delhi
01.2018

B.Tech - Electrical & Electronics Engineering

Guru Gobind Singh Indraprastha University
Delhi
01.2012

Skills

  • Regulatory Compliance & Policy Advocacy
  • Open Access Power Trading & GNA Regulations
  • Power Market Strategy & Commercial Operations
  • Stakeholder Management
  • OTC Platform Development & Market Liquidity
  • Data Analysis
  • Risk Evaluation
  • Regulatory Impact
  • Contract Structuring
  • Commercial Strategy
  • Team Building
  • Training
  • Cross-functional Leadership
  • New Business Launch
  • Scale-up
  • P&L Management
  • Revenue Management
  • Risk Management
  • Regulatory Filings & Compliance
  • Open Access Operations
  • GNA
  • PPA Contracts
  • Data analysis and regulatory impact modeling
  • Power Market Platforms

References

Available upon request.

Timeline

AVP – Business Development (Founding Member)

GNA Energy Private Limited
02.2024 - Current

Senior Manager – Business Development

Manikaran Power Limited
03.2023 - 01.2024

Head – Business Development & Operations

Dynamic Energy Plus Pvt Ltd
06.2022 - 04.2023

Billing Engineer

Alfanar Energy Private Limited
01.2020 - 06.2022

Executive – Business Development (Power & Renewable)

Adani Group – Power & Renewable Business
09.2013 - 01.2020

Engineer

REC Ltd
06.2013 - 09.2013

MBA - International Business

Bharati Vidyapeeth University

B.Tech - Electrical & Electronics Engineering

Guru Gobind Singh Indraprastha University

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Mayaank A Bhagat