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Advt.No. - 33/2026
No. : 7/75/2025-PESB
Governrnent of India
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Department of Personnel & Training
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(Public Enterprises Selection Board)
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Dated : 02/03/2026
gt- dE qa jaF aIR NTPC Limited
NAME OF THE CPSE
q& HEr ara Director (Finance)
NAME OF THE PaST
RQFdRd&w 01.01.2027
DATE OF VACANCY
tR- =R, va 1 dRaWit Schedule A
SCHEDULE OF THE CPSE
q€©’i-daaHra
Rs. 180000 – 340000 (IDA)
SCALE OF THE POST
I. COMPANY PROFILE
NTPC Limited was incorporated in 1975 under the Companies Act, 1956 with objective to
develop and provide reliable power, related projects and services at competitive prices,
integrating multiple energy sources with innovative and eco-friendly technologies and
contribute to society.
NI'PC became a listed company in 2004, with majority holding of 89.50% with the
Governrnent of India which was further reduced from time to time
On 19th May 2010, N-TPC was granted the status of 'Maharatna' that resulted in enhanced
autonomy in decision making.
NTPC is diversifying its energy mix and has increasingly invested in renewable energy,
including solar and wind power, thus supporting India's energy transition goals,
contributing to long-term energy security. The Company has over the years, developed
from a thermal power generator to an integrated power company with presence across
entire energy value chain through backward and forward integration into areas such as
coal mining power trading, consultancy, distribution etc. It is also looking for opportunities
in carbon capture and green chemicals.
NTPC Group currently has 11 direct subsidiaries, in addition to its 16 joint ventures
(including 2 international ones), expanding its presence across the energy value chain,
including thermal, hydro, renewables, nuclear, mining, and green technologies.
Its registered and corporate offices are at New Delhi.
The company employed 16,689 regular employees (Executives: 12,319 and Non-
executives: 4,370) as on 31.03.2025.
The authorized and paid-up capital of the Company was Rs. 16,600 Crores and Rs.
9,696.67 Crore respectively as on 31.03.2025.
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Government of India's equity in NTPC, stands at 51.10% as on 31 .03.2025, the rest being
held by Institutional Investors, public & others.
II. JOB DESCRIPTION AND RESPONSIBILITIES
Director (Finance) is a member of Board of Directors and reports to the Chairman and Managing
Director. He is overall in charge of finance and accounts functions of the organization and is
responsible for evolving, formulating and implementing finance policies including commercial
aspects.
III. ELIGIBILITY
1. AGE : On the date of occurrence of vacancy (DOV)
Age of superannuation 60 years
Internal Others
Minimum Maximum Minimum Maximum
2 years residual service as on 3 years residual service as on
the date of vacancy w.r.t. thel 45 the date of vacancy w.r.t. the
date of superannuation date of superannuation
2. 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 – in one of the followings:-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the
Board of a CPSE);
(b) Central Government Group 'A' Officers including the Armed Forces of the Union and All
India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous
Bodies, etc;
(c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs.10,000 crore or
more ;
(d) Private Sector Company/ Joint Venture (JV) [50:50 JVs of Central Government/ State
Governments and JVs of CPSEs with other CPSEs/organisations (50:50 JVs)]/ National and
State level Cooperative Federations (hereinafter as JVs/ Federations) whose annual turnover is
*Rs. 10,000 crore or more. In case of Private company, preference would be given to
candidates from listed companies. The applicants from Private Company, JV and Federation
will be arranged in order of annual turnover of these entities.
(* The average audited annual turnover of three financial years preceding the calendar year in
which the post is advertised shall be considered for applying the approved limits)
3. QUALIFICATION :
(i) The applicant should be a Chartered Accountant or Cost Accountant or a full time MBA/
PGDM course having specialization in Finance with good academic record from a recognized
University/ Institution. Preference will be given to Chartered Accountant.
(ii) Officers of Organized Group 'A’ Accounts Services [i.e. Indian Audit and Accounts Service,
Indian Defence Accounts Service, Indian Railway Accounts Service, Indian Civil Accounts
Service, Indian P&T Accounts & Finance Service and Indian Cost Accounts Service] and
applicants from the Central Govt./ Armed Forces of the Union/ All India Services, working at
Page 9 nf 6appropriate level are exempted from these educational qualification as per (i) above provided
they have relevant experience as mentioned in Para 4(ii) below.
4. EXPERIENCE:
(i) The applicant should have at least five years of cumulative experience at a senior level
during the last ten years in the area of Corporate Financial Management/ Corporate Accounts
in an organization of repute.
(ii) Applicants form Organized Group 'A’ Accounts Services and applicants from Central
Government/ Armed Forces of the Union/ All India Services should have
either
(a) Educational qualification of Chartered accountancy or cost accountancy or MBA/ PGDM
having specialization in Finance with at least five years of cumulative experience at a senior
level during the last ten years in the area of Financial Management/ accounts in Government/
Corporate Financial Management/ Corporate Accounts
OR
(b) at least five years cumulative experience at a senior level during the last ten years in the
area of Corporate Financial Management/ Corporate Accounts.
5. PAY SCALE:
(a) Central Public Sector Enterprises-
Eligible Scale of Pay
(i) Rs. 7250-8250 (IDA) Pre 01/01/1992
(ii) Rs. 9500-11500 (IDA) Post 01/01/1992
(iii) Rs. 20,500-26,500 (IDA) Post 01/01/1997
(iv) Rs. 51300-73000 (IDA) Post 01/01/2007
(v) Rs. 120000-280000 (IDA) Post 01 .01.2017
(vi) Rs. 18400-22400 (CDA) Pre-revised Post 01.01.1996
(vii) Rs. 37400-67000 + GP 10000 (CDA) Post 01/01/2006
(viii) Rs. 144200-218200 (Level 14) (CDA) Post 01/01/2016
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)
(i) Group 'A' officers of the Central Government including All India Services (AIS) and
Autonomous Bodies etc. should be holding either a post of the level of Joint Secretary in Govt.
of India or an equivalent post, carrying equivalent scale of pay, on substantive basis, on the date
of application. The officer drawing the eligible pay scale merely on account of Non-Functional
upgradation (NFU) / Next Below Rule (NBFR) basis without holding substantive post, shall not be
eligible to apply to the post advertised by PESB.
(ii) Applicants from Public Sector Bank/ Financial Institutions should be holding at Board level
or at least a post of the level immediately below the Board level for one year on the date of
application
.
Barr n I oF A(iii) Applicants from the Armed forces of the Union should be holding a post of the level of
Major General in the Army or equivalent rank in Navy/Air Force on the date of application
(C)
Applicants from State Public Sector Enterprises/ Private Companies/ JVs/ Federations
should be working at Board level position or at least a post of the level immediately below the
Board level on the date of application.
6. CONDITION OF IMMEDIATE ABSORPTION FOR CENTRAL GOVERNMENT OFFICERS
Central Government Officers, including those of the Armed Forces of the Union and the All
India Services and officers from Public Sector Banks/ Financial Institutions/ Autonomous
Bodies etc., will be eligible for consideration only on immediate absorption basis.
IV. DURATION OF APPOINTMENT
The appointment shall be for a period of five years from the date of joining or upto the date of
superannuation or until further orders, whichever is earlier
V. SUBMISSION OF APPLICATIONS
Applicants should submit their applications on-line only as per the format.
1. The applicants should submit their applications through proper channel as follows:
(a) Group 'A' Central Government Officers, including those of the Armed Forces of the Union and
All India Services; through Cadre Controlling authority.
(b) Officers from Public Sector Banks/ Financial Institutions/ Autonomous Bodies, etc: through their
Administrative Ministry/ Department Qf the Govt. of India.
(c) CMDs/MDs/Functional Directors in CPSE: through the concerned Administrative Ministry;
(d) Below Board level in CPSE: through the concerned CPSE;
(e) CMDs/MDs/Functional Directors in State PSE: through the concerned Administrative Secretary
and Cadre Controlling Authority, if any, of the State Government;
(f) Below Board level in SPSE: through the concerned SPSE.
(g) (i) Applicants from Private companies: directly to PESB.
(ii) Applicants from JVs/Federations: apply online and forward printed application through
documents along with the application form:
2. Applicants from Private Companies/ JVs/Federations must submit the following documents
along with the application form:
(a) Annual Reports of three financial years preceding the calendar year in which the post is
advertised of the organisation in which currently working (please provide URL or attach/enclose
copies);
(b)Applicants of private company should provide the documentary proof if the company is listed
(please provide URL or attach/enclose copies);
(c) Evidence of working at Board level or at least a post of the level immediately below the Board
level
(d) Self-attested copies of documents in support of age and qualifications.
(e) Relevant Jobs handled in the past with details.
3.(a) The cadre controlling authority/ competent authority should forward applications of only those
applicants who are clear from vigilance angle, as per the guidelines issued by DPE from time to
time, latest being issued vide OM No. 15(2)/2001-DPE(GM)-FTS-4199d ated 28.10.2025. Thevigilance profIle, in the 13 points proforma prescribed by CVC (issued vide CVC’s circular number
10/09/24 dated 06.09.2024) should invariably be attached with the application form.
(b) in case of SPSEs/ JVs/ Federations, the Head of Organisation/ Competent Authority/ State
Administrative Secretary/ Cadre Controlling Authority should forward the applications of only those
applicants who are clear from vigilance angle. ThQ vigilance profile in the 13 points proforma
prescribed by CVC may be attached with application form.
VI. UNDERTAKING BY THE APPLICANT
An applicant has to give an undertaking as a part of the application that he/she will join the post, if
selected. If an applicant does not give such undertaking, the application would be rejected.
1. For candidates from Central Government including the Armed Forces of the Union
and All India Services and officers from Public Sector Banks/Financial Institutions/
Autonomous Bodies etc:
(a) The appointment is an immediate absorption basis.
(b) if a candidate conveys his/her unwillingness to join after the interview is held, he/she would be
debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE.
(c) Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE.
2. Far candidates from CPSE
a. If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be
debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE other than the one to which the candidate belongs.
b. Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE other than the one to which
the candidate belongs.
3. For candidates from SPSE/ Private Companies/JVs/Federations
a. If a candidate conveys his/her unwillingness to join after the interview is held, he/she would be
debarred for a period of two years from the date of interview, for being considered for a Board
level post in any CPSE.
b. Further, if a candidate conveys his/her unwillingness to join after the issue of offer of
appointment, he/she would be debarred for a period of two years from the date of offer of
appointment for being considered for a Board level post in any CPSE.
4. In the above cases, no request for relaxation or otherwise would be entertained.
VII. THE APPLICANTS CAN EITHER
(a) fill up the Application Form online only against this Job Description on the website of PESB
-
https://pesb.gov.in/ and thereafter forward it online, as per procedure specified in para V(1 );
Or
(b) fill up the Application Form online only against this Job Description on the website of PESB -
https://pesb.gov.in/, take a printout and send it offline, as per procedure specified in para V(1 ).
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• Total timeline for receipt of applications (complete in all respect) in PESB is 30 days from the
date of uploading the Job Description on website of PESB.
• Last date for submission of online application by the applicant is by 03:00 PM on 23.03.2026
• Last date for nodal officers/ Head of the Organisation/ Competent Authority/ Administrative
Secretary/ Cadre Controlling Authority in the case of all applicants except applicants of Private
Company to forward applications to PESB is by 05:00 PM on 01.04.2026
• No application shall be entertained under any circumstances after the stipulated date.
• Incomplete applications and applications received after the stipulated date shall be
REJECTED.
VIII. Board reserves the right to shortlist applicants for interview, keeping in view the
extant guidelines issued from time to time.
IX. Applications are to be addressed to
Secretary,
Public Enterprises Selection Board, Public Enterprises Bhawan,
BlockNo. 14, CGO Complex, Lodhi Road, New Delhi-1 10003.
ALL CORRESPONDENCE WITH THE PUBLIC ENTERPRISES SELECTION BOARD SHOULD BE
ADDRESSED TO SECRETARY, PUBLIC ENTERPRISES SELECTION BOARD ONLY
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