Manager - Capex Estimation & Survey

Position Title

Manager - Capex Estimation & Survey

Purpose of Role

The Manager - CAPEX Estimation & Survey leads end-to-end project estimation, cost engineering, route survey, site assessment and budget development for 400 kV to 765 kV transmission projects, including overhead lines, EHV substations and associated bays. The role develops accurate and competitive CAPEX estimates, reviews technical specifications and tender documents, assesses route and site conditions, prepares BOQs and cost breakups, and coordinates with engineering, procurement, project execution and commercial teams. It plays a critical part in bid preparation, feasibility assessment, cost optimization and investment planning, while ensuring compliance with technical standards, statutory requirements and client specifications.

Job Location

Phase IV, Udyog Vihar, Sector 18  Gurugram- Haryana

Key Accountabilities / Responsibilities

1. CAPEX Estimation & Cost Engineering
1. Prepare preliminary, budgetary and detailed CAPEX estimates for 400 kV, 765 kV and associated EHV transmission lines and substations, with detailed cost breakups.
2. Build cost models covering material rates, labour, logistics, taxes, contingencies and escalation, and maintain historical cost databases and benchmarks.
3. Identify value engineering opportunities without compromising technical compliance, reliability or safety.

2. Transmission Line Route Survey & Site Assessment
1. Lead and review route alignment surveys (topographical, DGPS, drone, LiDAR) and evaluate route profiles, tower spotting, crossings, RoW and terrain constraints.
2. Coordinate geotechnical investigations to support foundation selection and estimation.
3. Evaluate alternate routes and recommend the most economical and technically suitable alignment.

3. EHV Substation Survey & Estimation
1. Coordinate site selection and survey for 400 kV and 765 kV AIS/GIS substations, and review topography, soil, drainage and access conditions.
2. Prepare estimates for land development, civil works, structures, equipment and auxiliary systems, and assess AIS vs. GIS cost implications.
3. Identify site-specific cost risks such as soil conditions, flooding, seismic factors and utility shifting.

4. Tendering, Bid Estimation & Commercial Evaluation
1. Review RFQs, RFPs, specifications, BOQs and contract terms, and prepare cost estimates and price schedules for EPC and supply-and-erection bids.
2. Obtain and evaluate vendor quotations and construction rates, and analyze contractual risks such as price variation, payment terms and LDs.
3. Support bid/no-bid decisions, pricing, negotiations and final tender submissions with cost, risk and margin inputs.

5. CAPEX Budgeting, Cost Control & Risk Management
1. Prepare project-wise CAPEX budgets and baseline estimates, and monitor variations from route, design, equipment and scope changes.
2. Assess commodity, logistics, terrain, land, RoW and statutory risks, and prepare sensitivity analyses and contingency provisions.
3. Review actual and forecast costs with project and finance teams, and support cost audits and post-project benchmarking.

6. Stakeholder Management & Team Leadership
1. Lead estimation engineers, quantity surveyors, survey professionals and cost analysts, and review their deliverables for accuracy and timeliness.
2. Coordinate with tendering, engineering, procurement, construction, finance, contracts and land teams, and manage survey agencies, consultants and suppliers.
3. Develop standard estimation methodologies and rate databases, and present estimates and recommendations to senior management.

7. PMO for the end-to-end capex bidding activities and preparing MIS, releasing the same on weekly basis to Management.

8. BSC Progress tracking- Preparing  and presenting H1 and H2 target Vs actuals to Management.

Critical Success Factors - Essential

1. Exposure to 400 kV and 765 kV overhead lines and/or EHV substations
2. Experience in route surveys, tower spotting, foundation estimation, BOQ and material take-offs
3. Hands-on EPC tender estimation, vendor quotation analysis and rate benchmarking
4. Experience managing multidisciplinary teams and coordinating with utilities, EPC contractors and suppliers

Critical Success Factors - Desirable

1. Certification in project management, quantity surveying, cost engineering or advanced survey technologies
2. Substation cost estimation experience (primary equipment, civil works, structures)
3. Working knowledge of AutoCAD, GIS and survey software
4. Familiarity with SAP/ERP and project cost control tools

Competencies

About Us

Resonia is one of India's leading developers of power transmission infrastructure, building and operating the grid assets that move electricity from where it is generated to where it is needed most.

Operating in one of the world's largest greenfield transmission markets, Resonia has established a proven end-to-end model — developing critical assets across India's most complex geographies, then monetising them through a disciplined capital recycling strategy. To date, the company has monetised assets worth over US$1 billion, and sponsored IndiGrid, India's first power transmission InvIT, which attracted marquee global investors including KKR and GIC.

Resonia offers a rare combination: world-class execution capability, a demonstrated monetization track record, and a front-row position in India's accelerating energy transition.

1.            Integrity & Ethics

2.            Respect

3.            Innovation

4.            Speed