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Costing & Estimation Engineer - Solar

Bajaj Electricals Ltd

4 - 8 years

Mumbai

Posted: 03/04/2026

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Job Description

JOB CODE: - REPORTING TO Business Development Manager - Solar

TYPE OF ROLE: Individual Contributor Role

LOCATION: Corporate Office, Mumbai.

BU/ DIVISION: Professional Lighting

JOB PURPOSE: To prepare detailed project cost estimates for Solar EPC projects

KEY RESPONSIBILITIES

  • Preparation and validation of BOQs, material take-offs, and cost break-ups
  • Coordination with Design team for system sizing, layouts, and specifications
  • Coordination with SCM & Vendors for latest material prices and cost optimization
  • Preparation of tender costing, price build-up, and margin analysis
  • Support Sales / BD team with techno-commercial inputs for bids and proposals
  • Analysis of tender documents, scope of work, and contractual requirements
  • Cost comparison with previous projects and benchmarking for competitiveness
  • Identification of cost-saving opportunities and value engineering options
  • Support during price negotiations and contract finalization
  • Preparation of cost MIS, estimation reports, and management presentations
  • Post-order handover support to Projects & Execution teams


EDUCATIONAL QUALIFICATIONS

B.E/ B.Tech (Electrical/ Mechanical/ Civil/ Renewable/ Energy); MBA/ PGDM (Operations/ Finance) preferred


WORK EXPERIENCE

4-8 years of experience in costing, estimation or pre-contracts for solar EPC/ Renewable Energy projects


PREFERRED/ ADDITIONAL REQUIREMENT

  • Hands-on experience in cost estimation of 50200 MWp Solar projects
  • Exposure to Ground Mount, Rooftop, Open Access, and Utility-scale solar projects
  • Strong understanding of end-to-end EPC cost structures (DC, AC, BOS, civil & evacuation)
  • Experience in both Government and C&I solar projects preferred


INTERNAL / EXTERNAL INTERFACE

Business Development Engineer

Finance

Design

Tendering

Supply Chain


FUNCTIONAL COMPETENCIES

  • Project Costing & Estimation
  • BOQ Preparation & Cost Validation
  • Techno-Commercial Analysis
  • Vendor Cost Benchmarking
  • Tender / RFP / Bid Costing
  • CAPEX & OPEX Modelling
  • Budgeting & Margin Analysis
  • Strong command over MS Excel (advanced), MS Office

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