REC invites job applications for Director (Projects) post; apply before Dec 31

REC Recruiment 2024: REC Limited has invited job applications for the engagement of Director (Projects). Eligible and interested candidates can apply for the job before December 31. The post will fall vacant on July 1, 2025. Currently, Vijay Kumar Singh is serving as Director (Projects) of REC Limited.

The appointment will be for a tenure of five years or until the date of superannuation, whichever is earlier.

Role and Responsibilities

The Director (Projects) will serve as a member of the Board of Directors, reporting to the Chairman and Managing Director. Responsibilities include:

• Achieving business targets.

• Marketing financial products and services.

• Providing technical and commercial guidance in project appraisals.

• Monitoring project implementation to ensure adequate returns on investment.

Eligibility Criteria

• Age: Minimum age of 45 years. Internal candidates must have at least two years of residual service, while external candidates require three years of residual service from the date of superannuation.

• Employment Status: Candidates must hold a regular position in a CPSE, SPSE, central government, or private sector entity with a turnover of ₹10,000 crore or more.

• Qualifications: Engineering degree with a good academic record. An MBA or equivalent management diploma is advantageous.

• Experience: Significant technical and managerial experience, with a minimum of five years in project planning, monitoring, or evaluation during the last decade. Experience in the power sector is preferred.

Application Process

Eligible candidates can apply online through the Public Enterprises Selection Board (PESB) website. Applications must be submitted by 3:00 PM on December 30, 2024, with administrative authorities forwarding applications by January 8, 2025. Incomplete or late submissions will not be entertained.

Click here to read the official notification for detailed information.

Company Overview

REC Limited is a Maharatna PSU under the Ministry of Power. It primarily finances rural electrification projects and other power-related initiatives. A wholly-owned subsidiary of Power Finance Corporation Limited (PFC), REC is headquartered in New Delhi with its corporate office in Gurugram. The company reported an authorized capital of Rs 5,000 crore and a paid-up capital of Rs 2,633.22 crore as of March 31, 2024.

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