Game in Power Sector for Top Post

New Delhi: The selection to the post of CMD in a Maharatna PSU, Power Finance Corporation is now fixed on 6th April 2023. The selection interview of the 10 shortlisted candidates shall be held virtually. Out of 10 shortlisted names, 06 are internal including 02 from REC, another Power PSU functioning under the umbrella of PFC.

All three functional Directors and one ED are in the fray from PFC, and One functional Director and one ED are called from REC. Other 04 names are invited from other organsations as per rules. Normally, the Secretary of the concerned administrative Ministry sits on the panel of the selection process along with the Chairman, PSEB and other 2-3 members on the panel. Secretary (Power) will play an important role. Lobbying has already been started by a close associate of Secretary, Power, a former CMD of PFC/REC to support only finance candidates with no engineering background.

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