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Power Finance Corporation Limited (PFC) Recruitment 2015 – 01 Vacancy – Director (Projects) – 1,00,000 Salary – B.E, B.Tech

Power Finance Corporation Limited (PFC) has issued a recruitment notification for the recruitment of Director (Projects) through recruitment notification –  Power Finance Corporation Limited (PFC) Recruitment 2015 –  NO. 7/86/2015-PESB. Candidates who have completed B.E, B.Tech can apply for the new recruitment notification from  Power Finance Corporation Limited (PFC).

Eligible candidates can apply offline for the Director (Projects) Job on or before 25/01/2016. Find more information about the vacancy like Age limit, Selection Process, Qualification, Application fee, How to apply etc can be found below.

Company Name :   Power Finance Corporation Limited (PFC)
Vacancy Name : Director (Projects)
Educational Qualification : B.E/B.Tech
Total No of Vacancy : 01 Post
Salary : Rs. 75,000-1,00,000/- p.m
Job Location : New Delhi
Last Date to Apply for this job : 25/01/2016
Address for the Job Vacancy : RAJIV RAI, Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.

Detail of  Power Finance Corporation Limited (PFC) Director (Projects) Recruitment:

Selection for the post of DIRECTOR (PROJECT), POWER FINANCE CORPORATION LTD. in schedule ‘A’ of the CPSE. The Public Enterprises Selection Board (PESB) is seeking qualified candidates for the post of DIRECTOR (PROJECT), POWER FINANCE CORPORATION LTD., in schedule “A” of the CPSE, the scale of pay of the post being Rs. 75,000-1,00,000/- (REVISED). A copy of the job description for the post is enclosed. It is requested that names of candidates seniority-wise who are eligible as per job description for the said post alongwith their up-to-date bio-data (in the prescribed form) duly endorsed may kindly be forwarded to PESB by 25 February 2016. It is also requested that advance action may be taken to keep the ACRs for last 5 years, of those candidates ready alongwith their latest vigilance profile [(i) penalty imposed, if any during the last 10 years (ii) details of disciplinary action initiated/being initiated if any, etc.] to be furnished as and when the selection meeting is scheduled. In case the relevant details are not received within the stipulated time, it will be assumed that there are no eligible candidates to be sponsored for the post.

JOB DESCRIPTION AND RESPONSIBILITIES: Director (Projects) is a member of Board of Directors and reports to the CMD. He is responsible for developing and enforcing sound strategy for effective marketing of products to carry out the lending operations, encompassing techno-commercial appraisal of projects identified and ensuring sound and effective follow up mechanism to timely implementation of projects financed thus ensuring adequate return on investment.

AGE: On the date of occurrence of vacancy (DOV) Internal 45-58 , Others 45-57

EMPLOYMENT STATUS: The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – as one of the following:- (i) An officer of a Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE); (ii) An officer of the Central Government/ Armed Forces of the Union; (iii) An officer of an All India Service.

QUALIFICATION AND EXPERIENCE: The candidate should be a graduate in Engineering or equivalent with good academic record from a recognised University/Institution. He should have adequate experience at a senior level of management in a large organisation of repute. Experience in power sector is desirable. Minimum qualification is relaxable in the case of internal candidates and Government officers with relevant and adequate background and experience.

PAY SCALE: (a) Officers of CPSEs. Candidate should, on the date of vacancy, be working in the following or a higher pay scale: Rs. 7250-8250 (IDA) Rs. 9500–11500 (IDA) Post 01.01.1992 Rs. 20500–26500 (IDA) Post 01.01.1997 Rs. 51300–73000 (IDA) Post 01.01.2007 Rs. 18400-22400 (CDA) Rs. 37400–67000 + GP Rs. 10000 (CDA) The minimum length of service required in the eligible scale will be one year for internal candidates, and two years for others as on the date of vacancy. (b) Officers of Central Govt/ Armed Forces of the Union/ All India Services Candidate should, on the date of application, be in the following or a higher pay scale/ rank: (i) Officers of Central Govt./ All India Services holding a post of the level of Joint Secretary in Govt. of India or carrying equivalent scale of pay; (ii) Officers of Armed Forces:- Maj. General in the Army or equivalent rank in Navy/Air Force.

DURATION OF APPOINTMENT The appointment shall be for a period of five years or upto the date of superannuation whichever is earlier.

SUBMISSION OF APPLICATIONS Prospective candidates from the Central Public Sector and Government officers shall submit their applications, through proper channel, in the format at Annexure. The applications for various categories of the officers are routed through proper channel as follows: a) For Government Servants: through Cadre Controlling authority. b) For CMD’s/MD’s/Director’s in CPSE: through the concerned administrative Ministry. c) For below Board level in CPSE: through the concerned CPSE.

Selection Procedure for  Power Finance Corporation Limited (PFC) – Director (Projects) Post: 

Candidates can apply on or before    25/01/2016.

No detailed information about the selection procedure is mentioned in the recruitment notification.

How to apply for Director (Projects) Vacancy in  Power Finance Corporation Limited (PFC) :

Annexure may be downloaded from the website of PESB.

Last date of receipt of applications in PESB is 25 February 2016. No application shall be entertained under any circumstances after the stipulated date. Incomplete applications and applications not submitted as per the prescribed format are liable to be REJECTED. Board reserves the right to shortlist candidates for interview. Applications are to be addressed to RAJIV RAI, Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.


Important dates to remember :

Last Date to Apply for this job 25/01/2016


Power Finance Corporation Limited (PFC) Recruitment 2014 –  NO. 7/86/2015-PESB.




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