Public Enterprises Selection Board (PESB).

Department of Personnel & Training, Government of India.

www.fastvacancy.com

• N/A In Official PDF 

• Jagruti Vihar, Burla, Sambalpur, Odisha

Company Profile

Incorporation Date

Mahanadi Coalfields Limited was incorporated on 03.04.1992.

Registered Office

Jagruti Vihar, Burla, Sambalpur, Odisha – 768020.

Business Activity

The company is engaged in the production of coal ranging from Grade G-7 to G-16.

Mines Operated

MCL currently operates:

1.      3 underground mines.

2.      15 opencast mines.

Coal Production

In the current financial year, MCL produced 225.17 million tonnes of coal.

Previous Year Coal Production

206.09 million tonnes.

Offtake

Current financial year offtake: 210.55 million tonnes.

Previous Year Offtake

199.02 million tonnes.

Profit Before Tax

Rs. 14,158.75 crore.

Previous Year Profit Before Tax

Rs. 15,593.10 crore, restated.

Authorised Capital

Rs. 1600 crores as on 31.12.2025.

Paid-up Capital

Rs. 13,23.67 crores as on 31.12.2025.

Total Regular Employees

20699 regular employees as on 31.12.2025.

Executives

1732.                 

Non-Executives

18967.             

Percentage Share of CIL in MCL

100%.

Job Description and Responsibilities

Main Role

The Chairman and Managing Director is the Chief Executive of the Corporation.

Accountability

The CMD is accountable to:

1.      Board of Directors of the company.

2.      Holding company i.e. CIL.

3.      Government of India.

Responsibilities

The CMD is responsible for:

1.      Efficient functioning of the company.

2.      Achieving corporate objectives.

3.      Achieving performance parameters.

Educational Qualification

The applicant should be:

1.      Engineering Graduate, or

2.      Chartered Accountant, or

3.      Cost Accountant, or

4.      Post Graduate, or

5.      Graduate with MBA/PGDIM from a recognized institute.

Experience

Option 1

The applicant should possess cumulative experience/exposure for at least 5 years during the last 10 years in any of the following areas:

1.      Finance.

2.      Business Development.

3.      Production.

4.      Operations.

5.      Marketing.

6.      Project Management.

This experience should be in a large organization of repute.

Option 2

The applicant should possess:

1.      Cumulative experience of at least 5 years in core HR/IR/Personnel Management, and

2.      At least 3 years cumulative experience during the last 10 years in Finance or Business Development or Production or Operations or Marketing or Project Management in a large organization of repute.

Desirable Experience

Experience in Coal/Mining Sector is desirable.

Age Limit & Relaxation

Cut-off Date for Age

On the date of occurrence of vacancy (DOV).

Age of Superannuation

60 years.

Internal Candidates

Minimum Age

45 years.

Maximum Age

2 years residual service as on the date of vacancy with respect to the date of superannuation.

Other Candidates

Minimum Age

45 years.

Maximum Age

3 years residual service as on the date of vacancy with respect to the date of superannuation.

Employment Status

Required Employment Status

The applicant must be employed in a regular capacity on:

1.      Date of application.

2.      Date of interview.

Contractual / Ad-hoc Employment

Contractual/ad-hoc capacity is not allowed.

Eligible Employment Categories

CPSE

Central Public Sector Enterprise including a full-time functional Director in the Board of a CPSE.

Central Government

Central Government Group ‘A’ officers including:

1.      Armed Forces of the Union.

2.      All India Services.

3.      Officers from Public Sector Banks.

4.      Financial Institutions.

5.      Autonomous Bodies, etc.

SPSE

State Public Sector Enterprise where annual turnover is Rs. 1,000 crore or more.

Private Sector Company / JV / Federation

Private Sector Company / Joint Venture / National and State level Cooperative Federations with annual turnover of Rs. 1000 crore or more.

Joint Ventures Covered

1.      50:50 JVs of Central Government / State Governments.

2.      JVs of CPSEs with other CPSEs / organisations, 50:50 JVs.

Preference for Private Company Applicants

Preference will be given to candidates from listed companies.

Arrangement of Applicants

Applicants from Private Company, JV and Federation will be arranged in order of annual turnover of these entities.

Turnover Calculation

Average audited annual turnover of three financial years preceding the calendar year in which the post is advertised will be considered.

Pay Scale / Salary Details

Scale of the Post

Rs. 180000 – 320000 (IDA).

Eligible CPSE Pay Scales

IDA Pay Scales

1.      Rs. 7250-8250, IDA, Pre 01/01/1992.

2.      Rs. 9500-11500, IDA, Post 01/01/1992.

3.      Rs. 20,500-26,500, IDA, Post 01/01/1997.

4.      Rs. 51300-73000, IDA, Post 01/01/2007.

5.      Rs. 120000 – 280000, IDA, Post 01/01/2017.

CDA Pay Scales

1.      Rs. 18400-22400, CDA, Pre-revised Post 01.01.1996.

2.      Rs. 37400-67000 + GP 10000, CDA, Post 01/01/2006.

3.      Rs. 144200-218200, Level 14, CDA, Post 01/01/2016.

Minimum Length of Service in Eligible Scale

Internal Candidates

One year as on the date of vacancy.

Other Candidates

Two years as on the date of vacancy.

Central Government / AIS / Autonomous Bodies

Group ‘A’ officers should hold either:

1.      Post of the level of Joint Secretary in Government of India, or

2.      Equivalent post carrying equivalent scale of pay on substantive basis on the date of application.

NFU / NBR Condition

Officers drawing eligible pay scale only due to Non-Functional Upgradation / Next Below Rule without holding substantive post are not eligible.

Public Sector Bank / Financial Institution Applicants

Applicants should be at Board level for one year on the date of application.

Armed Forces Applicants

Applicants should hold:

1.      Major General level post in the Army, or

2.      Equivalent rank in Navy/Air Force.

SPSE / Private Companies / JVs / Federations

Applicants should be working at Board level positions on the date of application.

Selection Process / Recruitment Process

Selection Process

The Board reserves the right to shortlist applicants for interview, keeping in view the extant guidelines issued from time to time.

Duration of Appointment

Appointment Period

Five years from the date of joining.

Other Duration Condition

Appointment will be for five years from the date of joining or up to the date of superannuation or until further orders, whichever is earlier.

Job Location / Posting

Registered Office

Jagruti Vihar, Burla, Sambalpur, Odisha – 768020.

Posting Location

Not Mentioned in PDF.

How to Apply

Application Mode

Online only.

Official Website

https://pesb.gov.in/

Step-by-Step Application Process

Step 1

Visit the PESB website: https://pesb.gov.in/

Step 2

Fill up the Application Form online only against this Job Description.

Step 3

Choose one of the following options:

Option A

Fill up the application form online and forward it online as per procedure specified in Para V(1).

Option B

Fill up the application form online, take a printout, and send it offline as per procedure specified in Para V(1).

Step 4

Submit application through proper channel as applicable.

Proper Channel for Application Submission

Group ‘A’ Central Government Officers

Through Cadre Controlling Authority.

Armed Forces of the Union and All India Services

Through Cadre Controlling Authority.

Officers from Public Sector Banks / Financial Institutions / Autonomous Bodies

Through their Administrative Ministry / Department of Government of India.

CMDs / MDs / Functional Directors in CPSE

Through the concerned Administrative Ministry.

Below Board Level in CPSE

Through the concerned CPSE.

CMDs / MDs / Functional Directors in State PSE

Through the concerned Administrative Secretary and Cadre Controlling Authority, if any, of the State Government.

Applicants from Private Companies

Directly to PESB.

Applicants from JVs / Federations

Apply online and forward printed application through their Head of Organisation / Competent Authority.

Documents Required

For Private Companies / JVs / Federations

Applicants must submit:

1.      Annual Reports of three financial years preceding the calendar year in which the post is advertised of the organization in which currently working.

2.      URL or copies of Annual Reports.

3.      Documentary proof if the private company is listed.

4.      URL or copies for listed company proof.

5.      Evidence of working at Board level.

6.      Self-attested copies of documents in support of age.

7.      Self-attested copies of documents in support of qualifications.

8.      Relevant jobs handled in the past with details.

Vigilance Documents

Vigilance Clearance

Applications should be forwarded only for applicants who are clear from vigilance angle.

Vigilance Profile

Vigilance profile in 13 points proforma prescribed by CVC should be attached with the application form.

DPE OM Mentioned

OM No. 15(2)/2001-DPE(GM)-FTS-4199 dated 28.10.2025.

CVC Circular Mentioned

CVC circular number 10/09/24 dated 06.09.2024.

SPSE / JV / Federation Vigilance

In case of SPSEs / JVs / Federations, Head of Organisation / Competent Authority / State Administrative Secretary / Cadre Controlling Authority should forward applications only for applicants clear from vigilance angle.

Undertaking by Applicant

Undertaking Required

Applicant has to give an undertaking as part of the application that he/she will join the post if selected.

If Undertaking is Not Given

Application will be rejected.

Debarment Conditions

For Central Government / Armed Forces / All India Services / Public Sector Banks / Financial Institutions / Autonomous Bodies

Appointment Basis

Immediate absorption basis.

Unwillingness After Interview

If candidate conveys unwillingness to join after interview, he/she will be debarred for 2 years from the date of interview from being considered for a Board level post in any CPSE.

Unwillingness After Offer

If candidate conveys unwillingness to join after offer of appointment, he/she will be debarred for 2 years from the date of offer of appointment from being considered for a Board level post in any CPSE.

For CPSE Candidates

Unwillingness After Interview

If candidate conveys unwillingness after interview, he/she will be debarred for 2 years from the date of interview from being considered for a Board level post in any CPSE other than the one to which the candidate belongs.

Unwillingness After Offer

If candidate conveys unwillingness after offer of appointment, he/she will be debarred for 2 years from the date of offer of appointment from being considered for a Board level post in any CPSE other than the one to which the candidate belongs.

For SPSE / Private Companies / JVs / Federations

Unwillingness After Interview

If candidate conveys unwillingness after interview, he/she will be debarred for 2 years from the date of interview from being considered for a Board level post in any CPSE.

Unwillingness After Offer

If candidate conveys unwillingness after offer of appointment, he/she will be debarred for 2 years from the date of offer of appointment from being considered for a Board level post in any CPSE.

Relaxation

No request for relaxation or otherwise will be entertained.

Important Instructions / Terms & Conditions

1.      Applicants should submit applications online only as per the format.

2.      Applicants must submit applications through proper channel as applicable.

3.      Applicant must be employed in regular capacity on the date of application and interview.

4.      Contractual/ad-hoc employment is not eligible.

5.      SPSE applicants must have annual turnover of Rs. 1,000 crore or more.

6.      Private Company/JV/Federation applicants must have annual turnover of Rs. 1000 crore or more.

7.      Preference will be given to candidates from listed private companies.

8.      Average audited annual turnover of three financial years preceding the calendar year of advertisement will be considered.

9.      Central Government Officers and related categories are eligible only on immediate absorption basis.

10. Applicant must give undertaking to join if selected.

11. Application will be rejected if undertaking is not given.

12. No application will be entertained after the stipulated date.

13. Incomplete applications will be rejected.

14. Applications received after the stipulated date will be rejected.

15. Board reserves the right to shortlist applicants for interview.

16. All correspondence with PESB should be addressed to Secretary, Public Enterprises Selection Board only.

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