Jobs 2023: PESB opens applications for Power Grid New CMD

New Delhi: Public Enterprises Selection Board (PESB) on May 4th released a vacancy for the post of Chairman and Managing Director of Power Grid Corporation of India Limited (POWERGRID). Currently, Shri K. Sreekant is serving as the Chairman and Managing Director of the company, and his tenure will be till December 31, 2023, the date of his superannuation.

JOB DESCRIPTION AND RESPONSIBILITIES

The Chairman and Managing Director is the Chief Executive of the Company and accountable to its Board of Directors and Government/Shareholders. He/She is responsible for the efficient functioning of the company, and for achieving its corporate objectives and performance parameters.

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ELIGIBILITY

AGE: On the date of occurrence of vacancy (DOV)

Age of superannuation 60 years

Internal 

Minimum  (45)

Maximum
2 years residual service as on the date of vacancy w.r.t. the date of superannuation.

Others

Minimum (45)

Maximum 
3 years residual service as on the date of vacancy w.r.t. the date of superannuation

QUALIFICATION:

The applicant should be Engineering Graduate/Chartered Accountant/Cost Accountant/Post Graduate/Graduate with MBA/PGDIM from a leading institute.

EXPERIENCE:

The applicant should possess cumulative experience/exposure for at least 5 years during the last 10 years in Finance/ Business Development/ Production/ Operations/ Marketing/ Project Management in a large organization of repute. Experience in Power Sector is desirable.

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PAY SCALE:

For Central Public Sector Enterprises

Eligible Scale of Pay
(i) Rs. 8250-9250 (IDA) Pre 01/01/1992
(ii) Rs. 11500-13500 (IDA) Post 01/01/1992
(iii) Rs. 23750-28550 (IDA) Post 01/01/1997
(iv) Rs. 62000-80000 (IDA) Post 01/01/2007
(v) Rs. 150000-300000 (IDA) Post 01/01/2017
(vi) Rs. 22400-24500 (CDA) Pre-revised
(vii) Rs. 67000-79000 (CDA) Post 01/01/2006
(viii) Rs. 182200-224100 (Level 15) 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.

The last time/date of receipt of the complete application duly forwarded to PESB is by 15.00 hours on 13-07-2023. No application shall be entertained under any circumstances after the stipulated time/date. Incomplete applications and applications received after the stipulated time/date shall be REJECTED. The board reserves the right to shortlist applicants for interview.

Further details can be accessed from the PESB official website. 

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