The Durgapur Projects Limited.
Invites application from experienced professionals with impeccable performance record, outstanding professional competence and observable leadership traits for the post of Managing Director.
Job Description & Responsibility:
The Managing Director is the Chief Executive of the Company and accountable to its Board of Directors and Government / shareholders. He is responsible for the efficient functioning of the Company, and for achieving its corporate objectives and performance parameters.
Qualification: Bachelor Degree in Mechanical / Electrical / Power Plant Engineering.
A) At least 20 years post qualification experience of which
(i) not less than 05 years in the rank of General Manager or equivalent position, OR
(ii) not less than 02 years in the rank of Director/Executive Director or equivalent position, in a large power utility under Central / State Public Sector Undertaking (CPSU/PSU) or similar reputed private sector organization in the power sector.
B) Retired Officer from Indian Administrative Service (IAS) / State Civil Service with working experience of 20 years or more, out of which at least 3 years experience in any Central / State PSU are also eligible
Age Limit & Tenure of Appointment: Maximum age 62 years as on 01st January 2018. The appointment shall be on contract basis for a duration of 3 years subject to review at the end of each year linked to performance.
(I) The post carries Pay in the Pay Band of Rs.37,400 - 67,000/- with Grade pay of Rs. 10,000/- plus Dearness Allowance, and other allowances as per rules of the company. Chauffeur driven car at the companyís cost for official work shall also be provided.
(II) In case of candidates coming from Central / State Public Sector Undertaking (CPSU/PSU), pay protection with a suitable enhancement may be considered while fixing the pay in the pay band.
(III) In case of candidates coming from private sector, emoluments corresponding to the minimum basic pay in the pay band would be offered. However, in case of specially deserving candidates, pay may be negotiated to be fixed with certain enhancement at a point within the range of the pay band.
(IV) In case of candidates beyond 60 years of age, emoluments would be fixed in the following manner:
a) On the last drawn pay minus pension / notional pension basis, if the person has superannuated from a CPSU/PSU.
b) At a negotiated emolument if the person has superannuated from a reputed private sector organization.