Grid Controller of India Limited (Grid-India) Recruitment 2026: Director (Market Operation) - 1 Board-Level Post via PESB

The Public Enterprises Selection Board (PESB), Department of Personnel & Training, Government of India, has issued Advertisement No. 87/2026 (No. 7/38/2026-PESB, dated 08.08.2026) inviting applications for the Board-level post of Director (Market Operation) at Grid Controller of India Limited (Grid-India), formerly Power System Operation Corporation Limited (POSOCO). This is 1 post, against a vacancy occurring on 01.06.2027.

📋 Post Details

🏢 Company Profile — Grid Controller of India Limited

• Grid Controller of India Limited (Grid-India), formerly Power System Operation Corporation Limited (POSOCO), is a wholly owned Government of India company w.e.f. 3 January 2017.
• It is a Schedule 'A'/Miniratna CPSE under the administrative control of the Ministry of Power.
• Mission: to ensure integrated operation of the Indian power system for reliable, economical and sustainable transfer of electric power within and across regions, and trans-national exchange of power; and to facilitate competitive, efficient wholesale electricity markets and administer settlement systems.
• Grid-India has operated the National Load Despatch Centre (NLDC) and the five Regional Load Despatch Centres (RLDCs) since 1 October 2010, discharging statutory power-system-operation functions per CERC Regulations/Standards under the Electricity Act, 2003.
• Registered Office: B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi – 110016.
• Employee strength as on 31.03.2026: 651 regular employees (611 Executives, 40 Non-Executives).
• Authorized capital: Rs. 200 crore; Paid-up capital: Rs. 40.85 crore (as on 31.03.2026).
• Government of India shareholding: 100% (as on 31.03.2026).

📝 Job Description & Responsibilities

Director (Market Operation) is a member of the Board of Directors and reports to the Chairman and Managing Director. The post is responsible for commercial operations, electricity market operations, open access in inter-state transmission, Power Exchange operations, accounting and settlement of electricity transmitted through the grid, deviation settlement, pool account operations, integration of renewable energy, the Renewable Energy Certificate (REC) mechanism, and legal and regulatory affairs.

✅ Eligibility Criteria

1. Age (on the Date of Occurrence of Vacancy)

Age of superannuation: 60 years.

2. Employment Status (mandatory, on date of application AND date of interview)

Applicant must be employed in a regular capacity (not contractual/ad-hoc) in one of:

• (a) Central Public Sector Enterprise (CPSE), including a full-time functional Director on a CPSE Board;
• (b) Central Government Group 'A' Officer (including Armed Forces of the Union, All India Services) or officer from a Public Sector Bank/Financial Institution/Autonomous Body;
• (c) State Public Sector Enterprise (SPSE) with annual turnover of Rs. 2,000 crore or more;
• (d) Private Sector Company/JV (50:50 JVs of Central/State Govts, or CPSE JVs with other CPSEs/organisations)/National or State-level Cooperative Federation with annual turnover of Rs. 2,000 crore or more. Preference to candidates from listed private companies; Private Company/JV/Federation applicants are ranked by annual turnover of their entity.

Turnover note: the average audited annual turnover of the three financial years preceding the calendar year of advertisement is used to apply these limits.

3. Qualification

Engineering Graduate from a recognized University/Institution with a good academic record. MBA/PG Diploma in Management or PG in Economics will be an added advantage.

4. Experience

Minimum 5 years' cumulative experience, during the last 10 years, in Power Market Operations or Power System Operations in an organization of repute.

5. Eligible Scale of Pay (current pay scale the applicant must hold — distinct from the post's own scale above)

(a) For Central Public Sector Enterprises:

Minimum length of service required in the eligible scale: 1 year for internal candidates, 2 years for others, as on the date of vacancy.

(b) Other than CPSEs:

• Group 'A' Officers of Central Government (incl. All India Services, Autonomous Bodies): must hold a post at the level of Joint Secretary, Govt. of India (or equivalent, with equivalent pay scale) on a substantive basis as on date of application. Officers holding the eligible scale only via Non-Functional Upgradation (NFU)/Next Below Rule (NBR), without holding a substantive post, are not eligible.
• Public Sector Bank/Financial Institution applicants: must be at Board level, or at least one level immediately below Board level for one year, as on date of application.
• Armed Forces of the Union applicants: must hold the rank of Major General (Army) or equivalent (Navy/Air Force) as on date of application.
• SPSE/Private Company/JV/Federation applicants: must be at Board level, or at least one level immediately below Board level, as on date of application.

6. Condition of Immediate Absorption

Central Government Officers — including Armed Forces of the Union, All India Services, and officers from Public Sector Banks/Financial Institutions/Autonomous Bodies — are eligible for consideration only on an immediate absorption basis.

📤 Submission of Applications — Channel by Category

Applications must be submitted online only, in the prescribed format, through the proper channel:

• (a) Group 'A' Central Govt. Officers (incl. Armed Forces, All India Services) — through Cadre Controlling Authority
• (b) Officers from Public Sector Banks/Financial Institutions/Autonomous Bodies — through their Administrative Ministry/Department
• (c) CMDs/MDs/Functional Directors in a CPSE — through the concerned Administrative Ministry/Department
• (d) Below Board level in a CPSE — through the concerned CPSE
• (e) CMDs/MDs/Functional Directors in a State PSE — through the concerned Administrative Secretary and Cadre Controlling Authority (if any)
• (f) Below Board level in an SPSE — through the concerned SPSE
• (g) Applicants from JVs/Federations — through their Nodal Officer/Competent Authority
• (h) Applicants from Private companies — directly to PESB

Additional documents required from Private Company/JV/Federation applicants:

• Annual Reports of the three financial years preceding the year of advertisement, for the organisation currently employed at (URL or attached/enclosed copies)
• Documentary proof if the private company is listed (URL or attached/enclosed copies)
• Evidence of working at Board level or one level immediately below Board level
• Self-attested copies of documents supporting age and qualifications
• Details of relevant jobs handled in the past

Vigilance clearance: The cadre-controlling/competent authority must forward applications only of candidates clear from the vigilance angle, per DPE guidelines (latest: OM No. 15(2)/2001-DPE(GM)-FTS-4199 dated 28.10.2025), with the CVC-prescribed 13-point vigilance profile proforma (CVC circular No. 10/09/24 dated 06.09.2024) attached. For SPSE/JV/Federation applicants, the same vigilance-clearance requirement applies via the Head of Organisation/Competent Authority/State Administrative Secretary/Cadre Controlling Authority.

✍️ Undertaking by the Applicant

Every applicant must give an undertaking that they will join the post if selected — an application without this undertaking will be rejected. Debarment rules for conveying unwillingness to join apply as follows:

• Central Government (incl. Armed Forces, All India Services) & PSB/Financial Institution/Autonomous Body candidates: appointment is on immediate absorption basis. Unwillingness after interview → debarred 2 years from any CPSE Board-level post; unwillingness after offer of appointment → debarred 2 years from any CPSE Board-level post.
• CPSE candidates: unwillingness after interview → debarred 2 years from a Board-level post in any CPSE other than their own; unwillingness after offer → same 2-year debarment.
• SPSE/Private Sector/JV/Federation candidates: unwillingness after interview → debarred 2 years from any CPSE Board-level post; unwillingness after offer → same 2-year debarment.
• No request for relaxation is entertained in any of the above cases.

🖊️ How to Apply

📅 Important Dates & Rules

• Total timeline for PESB to receive complete applications: 30 days from the date the Job Description was uploaded on the PESB website.
• Last date for the applicant to submit the online application: 31.08.2026, 3:00 PM.
• Last date for Nodal Officers/Head of Organisation/Competent Authority/Administrative Secretary/Cadre Controlling Authority (all applicants except Private Company applicants) to forward applications to PESB: 09.09.2026, 5:00 PM.
• No application will be entertained after the stipulated date, under any circumstances.
• Incomplete applications, and applications not received online within the stipulated date, will be rejected.
• Applications forwarded to PESB in physical form or by e-mail will be rejected.
• The Board reserves the right to shortlist applicants for interview per extant guidelines.

📮 Contact / Signatory

All communications are to be addressed to:
Secretary, Public Enterprises Selection Board
Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi – 110003.

Note: the notification gives only this postal address for the Secretary, PESB — no direct phone number or email is stated in the source.

❓ Frequently Asked Questions

Q1. What post is being advertised?
Director (Market Operation), a Board-level post at Grid Controller of India Limited (Grid-India), against Advt. No. 87/2026.

Q2. How many vacancies are there?
1 (one) — against a Date of Vacancy of 01.06.2027.

Q3. Can a fresher or general candidate apply?
No. Applicants must already be serving in a regular capacity at CPSE Board level, Central Govt Group 'A' (Joint Secretary level), PSB/Financial Institution Board level, Armed Forces Major General level (or Navy/Air Force equivalent), or SPSE/private-JV Board level with the specified turnover criteria.

Q4. What is the last date to apply?
31.08.2026, 3:00 PM for the applicant; 09.09.2026, 5:00 PM for the forwarding Nodal Officer/Competent Authority.

Q5. What is the pay scale of the post?
Rs. 1,80,000 – 3,40,000 (IDA).

Q6. What is the duration of appointment?
5 years from date of joining, or up to superannuation, or until further orders — whichever comes earliest.

Q7. Where should applications be submitted?
Online only, at pesb.gov.in, and then forwarded online by the applicant's Nodal Officer/Competent Authority as per their category.

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