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Senior Manager

Avantha Power & Infrastructure Limited Gurgaon

Posted on 28 July 2010

The role has the flexibility to work within a board framework. Financial Accounting, quarterly and annual closing
Day to Day accounting, Quarterly Accounts Closing, Statutory compliance, Bank reconciliation, Petty cash reconciliation, Vendor reconciliations and analysis of financial data.
Varience Analysis, Budget and cash Flow, Auditors
Project Accounting
Finalization of Accounts
Direct and Indirect Taxation
Statutory and Tax audits

Avantha Group
We are part of the Avantha Group, a well-known Indian conglomerate promoted by Mr. Gautam Thapar. It operates in diversified sectors including power transmission and distribution equipment ( and services, pulp and paper, food processing, farm forestry, chemicals and operates in over 10 countries. The Group is $4 billion (Rs 18,400 crore) Gautam Thapar-led Avantha Group steps on the pedal with its go-global drive launched five years ago.”- Hindustan Times, 28th June 2010
Avantha Power & Infrastructure Limited
Avantha Power & Infrastructure Limited is an established power generation company with 191 MW of operational thermal power capacity, 2,400 MW of generating capacity under various stages of implementation and 1,320 MW of generating capacity under planning spread across India.
Our Projects
We are an established power generation company with 191 MW of operational thermal power capacity, 2,400 MW of generating capacity under various stages of implementation and 1,320 MW of generating capacity under planning spread across India. Once all of our projects under implementation and development have achieved commercial operation, we expect to have total installed capacity of 3,911 MW.
165 MW of our operational thermal power capacity is primarily captive in nature, with four wholly-owned power plants located in Ballarpur (Maharashtra), Bhigwan (Maharashtra), Yamuna Nagar (Haryana) and Sewa (Orissa). 26.19 MW of our operational gas power capacity is generated by our gas-fired Malanpur Power Plant (Madhya Pradesh) with two of its three engines operating as a captive power producer and the remaining engine operating as an independent power producer. Our four wholly-owned Captive Power Units primarily supply power and steam to BILT, one of our Promoters, and to BGPPL and BBEL our group entities, and they also sell surplus power on a merchant basis. Power from our 59% owned Malanpur Power Plant is primarily supplied to SRF Limited, which is not part of the Avantha Group, and surplus power is sold on a merchant basis.
Operational Power Plants
The details of our four wholly-owned captive power plants and one 59% owned gas fired power plant are as follows:
Unit Location Capacity Product Captive Consumers
Ballarpur Ballarpur, Chandrapur district, Maharashtra 67.50 MW Power and steam BGPPL*
Bhigwan Bhigwan, Pune district, Maharashtra 60.00 MW Power and steam BGPPL and BBEL*
Yamuna Nagar Shreegopal, Yamuna Nagar district, Haryana 24.50 MW Power and steam BILT*
Sewa Sewa, Jeypore district , Orissa 13 MW Power and steam BILT
Malanpur Malanpur Industrial Area, Bhind district, Madhya Pradesh 26.19 MW Power SRF Limited for the two captive power producing engines
* BILT – Ballarpur Industries Limited, BGPPL – BILT Graphic Paper Products Limited & BBEL – Biltech Building Elements Limited
Power Plants under Implementation and planning
Unit Location Capacity Status Configuration
Chhattisgarh District Raigarh, Chhattisgarh 2 X 600 MW Under Implementation Thermal Power Plant
Madhya Pradesh District Seoni, Madhya Pradesh 2 X 600 MW Under Implementation Thermal Power Plant
Gujarat District Amreli 2 X 660 MW Under Planning Thermal Power Plant
We sell and intend to sell the power generated from our operational, under implementation and under planning projects through Power Purchase Agreement (PPAs) of various durations and also on a merchant basis.

Will be based at Corporate Office Gurgaon.

And reporting to GM - Accounts

CA

10 Years

As per industry standard



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