Aditya Pyasi Email & Phone Number

Delhi, India

Delhi, India

Delhi, India

Delhi

Delhi Area, India

Strategy formulation and execution for Regulatory Matters • Advocacy and representation to Govt and Regulator on issues like Coal pricing, Coal Allocation process, Energy Storage and Renewable Energy portfolio• CPP linkage coal availability ensured at competitive prices• RE obligations reduced on the Metal industry by more than 60% in FY17-18 through appropriate representations alongwith associations.• Strategy formulation and lead execution at the Group level for power assets of more than 9000 MW installed capacity in various states • Tariff filing strategy and maximize the earnings through subsequent approvals and appeals• Organise the team to pursue the matters with concerned Govt. authority or Regulator• Renewable energy positioning strategy and defending the compliance issuesProactive Policy advocacy for business eco-system• Energy Storage and Renewable Integration with the Grid Regulations and Policy for sustainable future• Policy advocacy through National forums like CII / ASSOCHAM , APP etc.• Align the business decisions, especially on innovation projects with the policy environment and future prospects

New Delhi Area, India

Ensuring the sustainability of Distribution business in Delhi through justification of a cost reflective tariff for the most densely populated distribution licensee of Delhi - BSES Yamuna.Primary responsibilities include :1. Filing appropriate ARR or Tariff petitions with the State Regulator2. Justification of true up costs for the past years3. Challenging any inappropriate findings in the Tariff orders in higher courts (Appellate Tribunal or Supreme Court)4. Strategic positioning the department to comply with targets set by regulator5. Analyse the Power purchase costs and challenge any inefficiencies in appropriate forum.

Delhi

I look into the Regulatory and Legal matters related primarily to electricity distribution business of Delhi (BRPL and BYPL). Revenue adequacy and dealing with strategic regulatory affairs of takes most of my time. Power purchase costs and tariff adequacy are issues that need maximum attention.

New Delhi Area, India

I look into the Regulatory and policy aspects of Power Sector in India. Competitive bidding based on Case 1 and Case 2 basis, Short term power market, Power Exchange based trading regulations, Discom Financial Viability and Distribution Franchisee are my fields of interest and among the issues I deal with.

Development of CERC Regulations on Tariff determination for Renewable Energy Sources Development of Power Market in India• Implementation of Power Market Regulations 2010 issued by CERC for PX based transactions in India• Implementation issues with Point of Connection transmission charges based on load flow analysisAssessment of feasibility of Distribution Franchisees and Financial Viability of Discoms in India

Risk Management in operations of power market Analysis of power market data for international power exchanges and comparing with Indian Energy Exchange prices Developing risk management strategy for Clearing and Settlement based on the VaR estimate of power prices of IEX Analyzing the liquidity availability with the exchange based on Pay-in and Pay-out cycles Published an article on risk management through bidding strategies in power market Financing and Product Development Credit financing deal cracked between IEX and REC(Rural Elec. Corp) for term ahead contracts on IEX Proposed policy for financing of margins on PX to REC (received approval and implemented on 13th Jan'10) Working on planning the banking channels and margin pay-in procedures for credit financing Development of contracts based on weather risk for power pricesResearch in Regulatory affairs Analysis of CERC draft regulations and preparing comments for hearings on behalf of IEX Open access implementation in various Indian states - Presentations to Planning Commission of India Power Market Regulation 2010 issued by CERC -many issues raised on behalf of IEX were accepted and included Rules and bye-laws modifications for IEX as per CERC regulations and preparation for REC trading mechanism International power market experience and Indian power market design issues (e.g. transmission congestion)Consultancy Projects - Open Access &White Certificates Consultancy project awarded by BEE for developing scheme for Trading of Energy Saving Certificates Open access implementation issues solved in Punjab and Chhattisgarh and provided IT solutions Conducted the Power Market Simulation seminars for power sector Investment managers on behalf of IEX

DelhiDevelopment of Power Market in IndiaReview of Power Exchange based transactions in IndiaAssessment of issues relating to transmission congestion and open access hurdles for market developmentIntroduction of derivatives in Electricity market - Risks and hurdles assessmentSouth Asia Forum for Infrastructure Regulation (SAFIR) Prepared the feasibility report on Regulatory scenario and feasibility of Renewable Energy in South AsiaLead the SAFIR secretariat and presented the report to members of SAFIR at Kathmandu Assessment of investment conditions and feasible technology options in South Asian countriesAssessment of normative loans for renewable power generation and benefits through REC trading mechanism

Prepared petition against establishing coal plant in state of Georgia with Nobel Laureate - Dr. M. Brown Published IEEE international paper on Biomass Forwards market and bioenergy development in United States Published APMC international paper on improving electricity distribution efficiency on LT lines Proposal for upgradation of pulp and paper and waste industry in state of Georgia to state of Georgia NYSE Euronext and Caisse des Depots

Paris Area, France

Presented research report on importance of issuing futures for Certified Emissions (CER) Market to French market regulator - Banque de France. CER Futures were issued on Bluenext on June 2nd 2008.(www.bluenext.eu)Proposed improved VaR & Margins through GARCH estimation for European Climate exchange data.Back testing results on GARCH based Value at Risk were almost 50% more efficient due to new methodology

Presented research report on importance of issuing futures for Certified Emissions (CER) Market to French market regulator - Banque de France. CER Futures were issued on Bluenext on June 2nd 2008.(www.bluenext.eu) Proposed improved VaR & Margins through GARCH estimation for European Climate exchange data. Back testing results on GARCH based Value at Risk were almost 50% more efficient due to new methodology Optimization of the techniques to calculate VaR and forecasting using multivariate analysis.; -07Simulation of control systems and EHV systems on SP3D platformOptimized Costs & estimated the Bill of Quantity of Lakeside power plant, U.S. and Knapsack, GermanyEngineered the Electrical Systems for Power Plants Recognised as engineer of the year 2005-06 for outstanding

Masters, Quantitative And Computational Finance

Research Assistant: Design of derivatives for Risk management in the emerging markets(power & carbon) Appreciation letter from ECX.

Masters, Finance

B.E., Electrical

Bachelors Of Engineering, Electrical Engineering

Achieved 99.8 Percentile in All India Combined Entrance Exam (CEE 2001). International research paper on Prevention of Electricity Theft.