MCL Recruitment: Mahanandi Coalfields Limited (MCL), a Miniratna PSU under the Ministry of Coal, has invited applications for the post of Chairman and Managing Director (CMD) and the last date to apply for the job is December 13. The date of vacancy for the post is November 1, 2020.
The CMD is the Chief Executive of the Corporation and is accountable to the Board of Directors of the company and the holding company Coal India (CIL), and government. He/She is responsible for the efficient functioning of the company, and for achieving its corporate objectives and performance parameters.
Pay scale: Rs 1,80,000-3,20,000 (IDA)
Employment status The applicant must, on the date of application, as well as on the date of interview, be employed in a regular capacity – and not in a contractual/ad-hoc capacity – in one of the followings:-
(a) Central Public Sector Enterprise (CPSE) (including a full-time functional Director in the Board of a CPSE);
(b) Central government including the armed forces of the union and all India services; (c) State Public Sector Enterprise (SPSE) where the annual turnover is *Rs 1000 crore or
(d) The private sector in a company where the annual turnover is *Rs 1000 crore or more. Preference would be given to candidates from listed companies. (*The average audited annual turnover of three financial years preceding the calendar year in which the post is advertised shall be considered for applying the approved limits)
Qualification: The applicant should be a graduate with a good academic record from a recognised university or institute. Applicants holding Technical/ MBA qualifications will have an added advantage. Experience Applicants should possess adequate experience at a senior level of management in an organisation of repute. Applicants with experience in Finance/ Marketing/ Production will have added advantage. Experience in coal/mining sector is desirable.
Mahanadi Coalfields Limited Mahanadi Coalfields Limited (MCL), a wholly-owned subsidiary of Coal India Limited (CIL) was incorporated under the Indian Companies Act, 1956 with the objective to acquire and take over any of the business activities carried on by the CIL and/or by its subsidiaries with all the associated assets, liabilities, obligations and current contracts especially in the Orissa region from South Eastern Coalfields Ltd. and to carry on in India or elsewhere the trade or business of coal mining including the management of coal mines either independently or for and on behalf of or under the direction of CIL, the Central Government or any State Government as custodian, receiver or in any similar capacity. MCL is a schedule 'B' Miniratna CPSE in coal and lignite sector. Its registered and corporate offices are at Sambalpur, Odisha.
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