POWERGRID Recruitment 2023: Monthly Salary up to 370000, Check Post, Eligibility and Application Process

The PESB has sought Applications from Experienced Officers Eligible for Appointment on the PGCIL CMD Post with 01 Vacancy to be filled up on a Fixed Term Basis.

POWERGRID Recruitment 2023 for 01 Post with Monthly Salary up to 370000

Satish Chandra | May 5, 2023 |

POWERGRID Recruitment 2023: Monthly Salary up to 370000, Check Post, Eligibility and Application Process

POWERGRID Recruitment 2023: Monthly Salary up to 370000, Check Post, Eligibility and Application Process

POWERGRID Recruitment 2023: The Public Enterprises Selection Board (PESB) has called in Applications from Experienced Officers Eligible for Appointment on the Chairman & Managing  Director Post on a Fixed Term Basis (FTB) in Power Grid Corporation of India Limited (PGCIL) notified vide this POWERGRID Recruitment 2023 Notification Dated 04.05.2023.  The POWERGRID Recruitment 2023 Official Advertisement No.  20/2023 issued, notified 01 Vacancy for Chairman & Managing Director Post (occurring on 01.01.2024 ) shall be filled up with Appointment of a Suitable Professional in the Pay Scale Rs. 200000-370000 Per Month (IDA) in Power Grid Corporation of India Limited.  The PESB issued POWERGRID Recruitment 2023  Official Notification has in store with PGCIL Chairman & Managing Director Post on a 05 (Five) Years’ Fixed Term Basis.

Based on the POWERGRID Recruitment 2023 Official Notification, the Willing and Eligible Officers for the Post Chairman & Managing Director (CMD) in Power Grid Corporation of India Limited should apply through Proper Channel as per the Instructions notified in the POWERGRID Recruitment 2023 Official Notification issued.  Based on the POWERGRID Recruitment 2023 Official Notification, the End Date for Candidate’s Online Application/Registration Completion Process remains 13.07.2023.

As may be referred to the PESB issued POWERGRID Recruitment 2023 Official Vacancy Notice, Power Grid Corporation of India Ltd is a Schedule ‘A’ Central Public Sector Enterprise (CPSE).  Power Grid Corporation of India Limited has its Registered Office housed in New Delhi and Corporate Office at Gurgaon, Haryana.

Table of Content
  1. Post and Vacancy in POWERGRID Recruitment 2023:
  2. Pay Scale under POWERGRID Recruitment 2023:
  3. Age Limits for POWERGRID Recruitment 2023:
  4. Eligibility Criteria for POWERGRID Recruitment 2023:
  5. Selection Criteria under POWERGRID Recruitment 2023:
  6. How to Apply for POWERGRID Recruitment 2023:

Post and Vacancy in POWERGRID Recruitment 2023:

As may be inferred from POWERGRID Recruitment 2023 Official Notification, Notified 01 Vacancy  for Chairman & Managing Director Post to be filled up for 05-Years’ Fixed Term span shall occur on 01.01.2024:

Post Nomenclature:  Chairman & Managing Director

Vacancy: 01 No.

Date of  Vacancy Occurrence: 01.01.2024

Pay Scale under POWERGRID Recruitment 2023:

The POWERGRID Recruitment 2023 Official Notification, post-Selection of any Appropriately Suitable Personnel on the CMD Post provides for the Monthly Pay and Allowances to be read hereunder:

Pay Scale: Rs. 200000 -370000 Per Month (IDA)

Note: The Minimum Length of Services essential in the Eligible Pay Scale for the CMD Post is 02 (Two) Years in respect of the Internal Candidates, and  03 (Three) Years for Others (External) as on 01.01.2024

Age Limits for POWERGRID Recruitment 2023:

According to the POWERGRID Recruitment 2023 Official Notification, the Age Limits stipulated for Internal and External Candidates are explained  hereunder:

Superannuation Age Limit: 60 Years (As on the VOD 01.01.2024)

A) Internal Candidates: Minimum 45 Years (and Maximum 02-Years’ Residual Service (as on the Date of Occurrence of the Vacancy) with reference to the Date of Superannuation.

B) Other Candidates: Minimum 45 Years (and Maximum 03-Years’ Residual Service (as per the Vacancy Occurrence Date) with regard to the  Superannuation Date.

Eligibility Criteria for POWERGRID Recruitment 2023:

The Eligible Applicants with in possession the following Essential Eligibility in accordance with the POWERGRID Recruitment 2023 Official Notification briefly may be narrated as hereunder:

Essential Educational Qualification: The Applicant should be Engineering Graduate/Chartered Accountant/Cost Accountant/Post Graduate/ Graduate with MBA/PGDIM from any Leading Institute.

Experience: The Applicant should have in possession Cumulative Experience/Exposure for Minimum 05 Years during Last 10 Years in Finance/ Business Development/Production/Operations/Marketing/ Project Management in any large Organization of Repute.

Desirable: Experience in Power Sector.

Other Important Eligibility Points for Applying to POWERGRID Recruitment 2023:

Note 1: Eligible Applicants, who in the event of Selection for the CMD Post, may be spared for Appointment, should apply through the “Proper Channel”.

Note 2: The Applicant on the Date of Application as well as on the Interview Date should be in Employment in a Regular Capacity, not in a Contractual or Ad-hoc Capacity in the Following Concerns:

I) Central Public Sector Enterprise (CPSE) (including a Full-Time Functional Director on the Board of a CPSE);

II) Central Government including the Armed Forces of the Union and All India Services;

III) State Public Sector Enterprise (SPSE), where the Annual Turnover is *Rs 10000 Crore or more;

On the basis of the POWERGRID Recruitment 2023 Official Notification, Eligible Applicants with Desire for POWERGRID Chairman & Managing Director Post should apply Online.  Subsequent to the Online Application,  the Online Application Printout is needed for Submission in the Offline Mode by the Applicants.

Note: The Applicant on the Date of Application as well as the Interview Date should remain in Employment in a Regular Capacity, not in a Contractual /Ad-hoc Capacity in the following Concerns:

a) Central Public Sector Enterprise (CPSE) (including a Full-Time Functional Director on the Board of a CPSE).

b) Central Government including the Armed Forces of the Union and All India Services.

c) State Public Sector Enterprise (SPSE), where the Annual Turnover is *Rs 10000 Crore or more.

d) Private Sector, in Company where the Annual Turnover is *Rs 10000 Crore or more.

Selection Criteria under POWERGRID Recruitment 2023:

As may be inferred from the POWERGRID Recruitment 2023 Official Notification, Selection on to CMD Post shall be carried through by Viva-voce/ Interview for Appointment.

For Appointment on Chairman & Managing Director Post, the Public Enterprises Selection Board will accord Due Preference to the Candidates serving or having rendered Services in any of the Listed Companies narrated in the POWERGRID Recruitment 2023 Official Vacancy Notification.

Appointment Tenure: Post-Selection Appointment the Incumbent’s Tenure as Chairman & Managing Director shall remain 05 (Five) Years from the Date of Joining/up to the Date of Superannuation/until further Government Orders, Whichever be Earlier to be read in the POWERGRID Recruitment 2023 Official Notification.

How to Apply for POWERGRID Recruitment 2023:

According to the POWERGRID Recruitment 2023 Notification, the Eligible Applicants should submit Applications both in Online and Offline Modes in accordance with the Instructions notified therein:

Step 1: Log on to the Public Enterprises Selection Board Weblink for Online Application.

Step 2: Apply Online by Clicking on the Online Recruitment Application Link.

i) Fill up the Application Format Online only against the Job Description POWERGRID Chairman & Managing Director.

ii) Fill up the Application Form Online and take a Printout of the Online Application. Attach all Testimonials/ Documents with the PESB POWERGRID ORA Printout to be dispatched.

iii) Enclose the Online Application Printout with all Mandatory Self-attested Testimonials into an Envelope superscripted “Application for the Post CMD in Power Grid Corporation of India Ltd.” receivable in the Office of “The Secretary, Mrs. Kimbuong Kipgen, The Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi 110 003”

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