Saturday, October 10, 2015

Power Ministry invites applications for NTPC CMD post

THE Power Ministry has invited applications for the post of Chairman and MD of the state-owned NTPC. The notification comes even as a government search committee is already looking for a full-time chief of the power producer. "Applications are invited for the post of Chairman and Managing Director of NTPC," the power ministry said on its Website.
The ministry also clarified...
that the search-cum-selection committee may also make nominations of eligible and qualified candidates for the post.
The Committee may also recommend relaxation in the eligibility and qualifications/experience criteria in respect of outstanding candidates.
NTPC was incorporated in November, 1975 with the mission 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. A Maharatna PSU under the administrative control of Ministry of Power, NTPC is professionally managed power utility having national and international reputation.
The applications are invited as per the details mentioned below:
“The chairman & managing director is the Chief Executive of the Corporation and accountable to the Board of Directors and Government. He is responsible for the efficient functioning of the Corporation for achieving its corporate objectives and performance parameters,” the statement added.
The salary for the post of CMD will be Rs. 80,000 - 125,000 p.m. + PRP+ other benefits as admissible.
The minimum age for such a candidate must be between 45 and 58 years on January 1, 2016. The applicant should be a graduate with good academic record from a recognized university /institution. Knowledge and experience in infrastructure sector is desirable. Persons with technical / MBA qualification and familiarity with finance and marketing / production will have added advantage.
The candidates should, on the date of advertisement, be working in the following or a higher pay scale of: Executive Director or equivalent of a Schedule 'A' CPSE.
He or she should be in the following or a higher pay scale/rank: Officers of Central Govt./ All India Services holding a post of the level of Jt. Secretary, Officers of Armed Forces holding rank of Major General in the Army or equivalent rank in Navy/Air Force.
The appointment shall be for a period not exceeding five years. However, in case successful candidate attains superannuation i.e. 60 years before completion of 5 years, his/her tenure can be extended for a further period, as may be decided by the Government, on contract basis.
The application along with all required enclosures should reach on or before November 7, 2015.
The post of NTPC CMD fell vacant after Arup Roy Chowdhury, who served as the chairman for five years, retired on August 31.
Earlier, the government was keen to have an engineering graduate to take over as the next chairman.
A search committee constituted for the job, led by power secretary Pradeep Kumar Pujari, was entertaining applications only from candidates holding engineering degrees.
The committee is also scouting for candidates from the private sector and names of a few large private power company executives are also doing the rounds.
Arup Roy Chowdhury, who served as the chairman of NTPC for the last five years, retired on August 31 after the NDA government denied him an extension. A K Jha, director, technical, at NTPC, has taken over additional charge of the post of chairman and managing director.
Roy Chowdhury was the second PSU head who was not allowed to continue till retirement after completing a five-year term. Earlier on June 11, the government had denied extension to CS Verma as head of Maharatna PSU Steel Authority of India Limited (SAIL).
Roy Choudhury completed his five-year term on August 31 but he was due to retire in December 2016.

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