New Delhi — The Public Enterprises Selection Board (PESB) has issued a notification inviting applications for the post of Director (Commercial) at Power Finance Corporation (PFC) Limited, a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power.
The recruitment notice, released on Friday, states that eligible candidates from both the public and private sectors may apply for the post through the PESB portal. The deadline for submission of applications is August 28, 2025.
Vacancy Arises Upon March 2026 Retirement
The position will become vacant on March 31, 2026, following the retirement of current Director (Commercial) Manoj Sharma, who has been serving in the role since August 26, 2022. Sharma was selected from a panel of eight candidates by the PESB and his appointment was subsequently cleared by the Appointments Committee of the Cabinet (ACC).
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Role and Responsibilities
The Director (Commercial) at PFC is a key member of the Board of Directors and reports to the Chairman and Managing Director. The role involves overseeing the corporation’s commercial and marketing strategies, business development, client relations, and policy implementation for financing operations in the power sector.
About Power Finance Corporation
Incorporated in 1986, PFC Limited is a non-banking financial company (NBFC) under the administrative control of the Ministry of Power. As a Maharatna CPSE, it plays a pivotal role in funding power projects, infrastructure development, and electrification initiatives across the country. PFC is considered a critical institution in achieving India’s long-term energy and infrastructure goals.
