New Delhi: Power Grid Corporation of India Limited (PGCIL), a Maharatna Central Public Sector Enterprise (CPSE) under the Ministry of Power, has invited applications for the post of Director (Finance). Eligible and interested candidates can apply for the prestigious board-level position on or before January 12, 2026.
The post of Director (Finance) is a key leadership role within the organisation and forms part of the Board of Directors. The selected candidate will report directly to the Chairman and Managing Director (CMD).
Role and Responsibilities
As Director (Finance), the incumbent will be the overall in-charge of the Finance and Accounts functions of Power Grid. The responsibilities include formulation and implementation of financial policies, financial planning, budgeting, costing, financial control, and preparation of financial statements in compliance with statutory and corporate norms.
The role also involves ensuring strong financial governance and supporting the organisation’s long-term strategic and investment decisions.
Pay Scale and Tenure
The position carries an IDA pay scale of ₹1,60,000 to ₹2,90,000.
The appointment will be for a period of five years from the date of joining, or until the date of superannuation (60 years), or until further orders, whichever is earlier.
Age Limit and Service Requirements
- Minimum age: 45 years
- Age of superannuation: 60 years
The minimum length of service in the eligible scale is:
- One year for internal candidates
- Two years for other candidates
(as on the date of vacancy)
Employment Status Criteria
Applicants must be employed in a regular capacity (not contractual or ad-hoc) at the time of application and interview. Eligible sectors include:
- Central Public Sector Enterprises (including full-time functional Directors)
- Central Government Group ‘A’ officers, Armed Forces, All India Services (AIS)
- Officers from Public Sector Banks, Financial Institutions, and Autonomous Bodies
- State Public Sector Enterprises with an annual turnover of ₹10,000 crore or more
- Private sector companies with an annual turnover of ₹10,000 crore or more
Preference will be given to candidates from listed companies. Turnover eligibility will be assessed based on the average audited turnover of the preceding three financial years.
Educational Qualifications
Applicants should possess one of the following:
- Chartered Accountant (CA)
- Cost Accountant (CMA)
- Full-time MBA/PGDM with specialization in Finance from a recognised institution
Candidates with CA qualification will be given preference.
Officers from Organized Group ‘A’ Accounts Services and eligible Central Government or Armed Forces officers are exempted from these educational qualifications, subject to experience criteria.
Work Experience Requirements
Candidates must have at least five years of cumulative senior-level experience during the last ten years in Corporate Financial Management or Corporate Accounts in a reputed organisation.
Applicants from Group ‘A’ Accounts Services and Government services must meet either the educational qualification criteria with relevant experience or possess the required senior-level financial management experience.
About Power Grid Corporation of India Limited
Power Grid Corporation of India Limited (PGCIL) is a Maharatna PSU and India’s largest electric power transmission company. It plays a critical role in planning, implementation, operation, and maintenance of inter-state transmission systems, ensuring reliable and efficient power supply across the country. Power Grid is also expanding its footprint in telecom, consultancy, and smart grid solutions, supporting India’s growing energy and infrastructure needs.
