New Delhi: The Public Enterprises Selection Board (PESB) has issued two separate advertisements inviting applications for Director-level positions in two of India’s major public sector undertakings — Indian Oil Corporation Limited (IOCL) and SJVN Limited.
Director (R&D) — IOCL
On Tuesday (July 15), PESB released an advertisement for the position of Director (Research & Development) in IOCL, the country’s largest oil marketing company.
- Eligibility: Seasoned professionals from both public and private sectors can apply.
- Application Deadline: August 11, 2025
- Vacancy Arises: April 1, 2026, due to the retirement of the incumbent, Alok Sharma, on March 31, 2026.
- Current Tenure: Alok Sharma has been serving in the role since January 16, 2024.
This position plays a crucial role in steering technological innovation and fuel research, and will be central to IOCL’s transition towards green energy and sustainable fuels.
Director (Finance) — SJVN Limited
On Monday (July 14), PESB also issued a call for applications for the post of Director (Finance) in SJVN Limited, a state-run hydropower PSU.
- Eligibility: Open to qualified finance professionals from both private and government sectors.
- Application Deadline: August 11, 2025
- Status: The position has been vacant since May 13, 2025.
This position is vital to SJVN’s financial planning, budgeting, and corporate governance, especially as the company expands its portfolio in renewable energy and international hydropower projects.
Read Also: PESB Recommends Sumitra Priya Srivastava as Indian Oil (IOCL)’s Next Director (Marketing)
Selection Process
Both positions will be filled through the standard PESB selection process, which involves:
- Shortlisting of eligible candidates
- Personal interviews
- Final recommendation to the Appointments Committee of the Cabinet (ACC)
The appointments carry Board-level responsibilities, making them some of the most influential positions in India’s public sector ecosystem.
About SJVN
SJVN Limited, formerly known as Satluj Jal Vidyut Nigam, a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Power, is jointly owned by the Government of India and the Government of Himachal Pradesh. Incorporated in 1988, it currently operates 1,972 MW of hydropower capacity across its Nathpa Jhakri, Rampur, and Naitwar Mori projects and is rapidly expanding into solar and energy storage segments to support India’s clean energy goals.
The company is actively engaged in the hydro, solar, wind, thermal, and power transmission sectors, both in India and abroad, and is playing a pivotal role in achieving the nation’s renewable energy goals.
About Indian Oil Corporation Limited
Indian Oil Corporation Limited (IOCL) is India’s largest commercial enterprise and the leading downstream oil and gas company. As a Maharatna PSU, it plays a pivotal role in ensuring the nation’s energy security and operates one of the country’s most extensive fuel supply and distribution networks.
