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Madhya Pradesh Power Management Company Ltd. jobs for Whole Time Director in Jabalpur. Last Date to apply: 05 Sep 2020

Whole Time Director

Madhya Pradesh Power Management Company Ltd.
experience-icon 0 to 3+ Years
salary-icon Not disclosed
qualification-icon Any Post Graduate, Any Graduate
Expired

Posted: 01 Sep 20

Job Description

MP Power Management Company Limited Jabalpur, a wholly owned entity of Government of MP, incorporated to undertake activities of power management in the state of M.P., invites applications from eligible candidates for the post of Whole Time Director (Commercial).

Posts: Whole Time Director

Duration of Engagement Three years from the date of engagement or attaining the age of superannuation (Presently 62 Yrs), whichever is earlier. For details please refer GoMP, Energy Department order No. F-03/ 10/2016/ Thirteen, Bhopal dated 29.11.2018.

Qualifying Criteria :Applicants from MP State Power Sector Companies :- Applicant should be a serving officer in the rank of Addl. Chief Engineer/Dy. CGM (substantive post) or above. Applicants from State/CentraI Public Sector Undertakings Minimum 25 years experience and presently serving as Chief Engineer/ CGM in the Pay Level (17) of GoMP/equivalent Gol level (14) with experience in commercial matters of Power Sector. Applicants from Private Sector : Minimum 25 years in the field of commercial activities of marketing / procurement and sales of electricity, out of which last three years should be in Power Sector Utility in very Senior / Top positions i.e. equivalent rank of Chief General Manager of Govt. Sector undertaking. The applicant should not be disqualified under the provisions of Section 164 of Companies Act, 2013.

Minimum Qualification Full time Bachelor Degree in Engineering, preferably Electrical Engineering, from AICTE approved Govt. recognized University/lnstitute.

Pay & Allowances / Compensation :- Foc Candidates from Central/State publiq Sectgr Undertakings and MP State PQwer Sectoc Companies :- i. The existing pay shall be protected. ii. In the event of the retired candidate his/her compensation shall be equal to last pay drawn minus first pension. The DA, as prevalent from time to time on the amount so arrived, would also be paid till completion of tenure as Director (Commercial). This would be besides the usual Pension plus DR paid by the parent department/Company. For private Sector candidates The monthly compensation at the commencement of the assignment would be Rs.2,50,000/- p.m. plus other facilities & benefits being paid by the Company to its officers of the rank of Chief General Manager. The remuneration may be enhanced (@ 3% + % increase in DA for the relevant period) upon completion of each full year(s).

Key areas of responsibilities :- The Director (Commercial) would be overall in-charge of Commercial operation of the Company and shall directly report to the Managing Director of the Company. He will be responsible to deliver the following responsibilities working in close co-ordination with the Power Distribution Companies of Govt. of MP Assessment of long, medium and short term demand ii. Power sale and purchase Key areas of responsibilities :- The Director (Commercial) would be overall in-charge of Commercial operation of the Company and shall directly report to the Managing Director of the Company. He will be responsible to deliver the following responsibilities working in close co-ordination with the Power Distribution Companies of Govt. of MP Assessment of long, medium and short term demand ii. Power sale and purchase

Age Limit:Maximum Age Limit at the time of making application :- 60 years.

Job Particulars

Role hr admin
Education Any Post Graduate, Any Graduate
Who can apply Freshers and Experienced (0 to 3+ Years )
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id989652
Locality Address
Country India

About Company

M.P. Power Trading Company Limited Government of Madhya Pradesh vide Notification no 226 dated 31.05.2005 restructured MPSEB into five independent companies namely one Genco, one Transco, three Discoms and three Residual MPSEB.
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