Sayan Bhowmick

Key Projects

Strategic Support for Coal Procurement

• Data-driven price forecasting for upcoming auctions based on comprehensive analysis of historical auction trends and macroeconomic indicators
• Developing of cost optimization models and analytics-driven real-time dashboards enabling management to take prompt decision during live auction
• As part of planning & budgeting exercise, recommend quarterly target procurement quantity and price for every production unit
• Setting and monitoring of KPIs to evaluate current procurement practices.
• Monitoring stock level at units, identify & resolve bottlenecks by coordinating with internal & external stakeholders
• Contract negotiation with service providers and performance benchmarking
• Driving operational excellence by formulating standardized framework for procurement

Transaction Advisory for Mineral Block Auctions (Coal, Non-Coal, Critical Minerals such as lithium, Rare earths etc.)

• Technical due diligence to assess extractable mineral resource volume
• Estimation of timeline and capex required for infrastructure development at the mines
• Estimation of mining & other associated operating cost over the mine life
• Logistics planning for cost-effective evacuation and estimation of landed cost at the processing unit
• Market assessment - analysis of mineral price trend in domestic & global market and review of competitive landscape
• Financial modelling and valuation - estimation of project profitability and Analysis of sensitivity of project returns under multiple scenarios
• Risk identification & formulation of mitigation strategy

Valuation and Deal Structuring for acquisition of mining assets

• Technical due diligence and valuation of overseas lithium mining assets (Australia)
• Developed optimal deal structures including equity, debt, and hybrid financing options to maximize value and minimize risk
• Benchmarked valuations against global mining transactions and industry multiples to validate pricing assumptions

MDO selection and contract finalization for greenfield coal mining projects

• Formulation of cost model and benchmarking with other mines for the prevailing rates
• Drafting of tender document
• Participation in techno-commercial discussions with potential bidders
• Finalization of Coal mining service agreement and assist in onboarding of MDOs

Feasibility study for integrating emission reduction technologies in steelmaking

• Assessment for scope of waste recycling and usage of green hydrogen as well as develop net zero roadmap for one of the largest steel PSU of India
• Track climate adaptation and mitigation plans and corresponding investments being made by major steel players
• Analysis of impact of carbon taxation on profitability of Indian steel sector
• Recommend potential domestic and global green financing opportunities

Project Management for Coal Mine Operationalization

• Developed detailed project schedules, resource allocation plans and risk mitigation strategies to achieve operational readiness
• Coordinating with govt. authorities and other stakeholders for obtaining mining leases, environmental clearances and land acquisition approvals.
• Providing progress reports to senior leadership for informed decision-making.

Techno-commercial due diligence (For production units of Iron & Steel, Ferroalloys etc.)

• Identification of infrastructure requirement, regulatory clearances and timeline for project milestones
• Raw material sourcing strategy - supplier shortlisting and planning for logistics
• Developing process flow and estimating operating costs
• In-depth market analysis - segmentation, demand estimation and formulation of market entry strategy
• Project profitability estimation by developing comprehensive financial model
• Identification of key risks and develop mitigation strategies

• Management of Boiler and Turbine operations in 800 MW supercritical thermal power plant
• Tracking and reporting of key operational metrics on a bi-weekly and monthly basis
• Led a cross-functional team for comprehensive RCA across all critical equipment, identification of gaps & challenges and tracking of RCA effectiveness, resulting ~20% reduction in forced outages over a span of 2 years
• Played a key role in formulating energy efficiency measures across major energy intensive areas of the power plant, leading to a reduction of auxiliary energy consumption by ~0.3% within a span of ~2 years.

• Spearheaded preventive and corrective maintenance plans driven by predictive analytics
• Tracking of key reliability metrics like MTTR, MTBF for critical assets
• Collaborated with cross-functional teams to design and implement an asset health optimization strategy.