Power Finance Corporation (PFC) is a leading financial institution in India that specializes in providing financial solutions to the power sector. The organization plays a crucial role in the development and growth of the power industry by providing funds for various projects and promoting sustainable power generation. To support its operations and expansion plans, PFC regularly conducts recruitment drives to attract talented individuals who can contribute to its vision and mission. In this article, we will explore the PFC recruitment process, the job opportunities available, and how interested candidates can apply.
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Power Finance Corporation (PFC) Recruitment
Power Finance Corporation (PFC) offers exciting career opportunities for individuals interested in the power sector. With a systematic recruitment process and a wide range of job positions, PFC attracts talented professionals who can contribute to its mission of supporting sustainable power generation. By following the application tips provided in this article and demonstrating your skills and passion, you can increase your chances of securing a fulfilling career at PFC.
Latest Power Finance Corporation (PFC) Vacancies
Coordinator – 26 Posts
| Post Name | Coordinator – 26 Posts |
| Qualification | The candidate should possess BE/ B.Tech Qualifications from any recognized institute or university. |
| Pay Scale | 65000-125000/- Per Month. |
| Age Limit | Maximum 60 Years |
| Application Fee | SC/ ST/ PwBD/ ESM Candidates: Nil. All Other Candidates: Rs. 500/-. |
| Advt No | – |
| Last Date | Mar 7, 2024 |
| Apply Online | Click Here to apply online |
| Notification | View Details |
Job Opportunities at PFC
PFC offers diverse job opportunities for individuals with various educational backgrounds and experience levels. Here are some of the key positions available at PFC:
Graduate Trainee Program
The Graduate Trainee Program at PFC is a prestigious opportunity for fresh graduates to kickstart their career in the power sector. The program aims to nurture young talent by providing comprehensive training and exposure to various aspects of the organization’s operations. Graduates from disciplines such as engineering, finance, and management are eligible to apply for this program.
Assistant Manager
Assistant Managers at PFC play a crucial role in managing and executing projects related to power finance. They are responsible for assessing project feasibility, conducting financial analysis, and ensuring compliance with regulatory requirements. Candidates with a relevant educational background and a few years of work experience can apply for this position.
Deputy Manager
Deputy Managers at PFC take on greater responsibilities and have a broader scope of work compared to Assistant Managers. They oversee project financing, monitor loan disbursements, and manage relationships with various stakeholders. To be eligible for the position of Deputy Manager, candidates should have relevant experience and expertise in the power finance domain.
Manager
Managers at PFC are responsible for strategic planning, business development, and managing a team of professionals. They provide leadership and guidance in implementing financial initiatives and driving the organization’s growth. Candidates with a strong background in power finance and several years of relevant experience can apply for this managerial position.
Senior Manager
Senior Managers hold key leadership positions at PFC and are involved in shaping the organization’s policies and strategies. They oversee multiple projects, manage high-value transactions, and represent PFC in important forums and conferences. Individuals with extensive experience in the power sector and a proven track record of success are considered for these senior managerial roles.
Other Positions
Apart from the positions mentioned above, PFC offers a wide range of roles in areas such as legal, human resources, information technology, and risk management. These positions provide opportunities for professionals with expertise in specific domains to contribute to the organization’s overall objectives.
Recruitment Process at PFC
The recruitment process at PFC follows a systematic approach to ensure the selection of qualified candidates. Here are the key steps involved:
Eligibility Criteria
PFC specifies certain eligibility criteria for each position, including educational qualifications, work experience, and age limits. Interested candidates should carefully review the eligibility criteria mentioned in the official recruitment notifications released by PFC.
Application Procedure
Candidates who meet the eligibility criteria can proceed to submit their applications online through the official PFC website or any other designated portal. They need to provide relevant information, upload necessary documents, and complete the application process within the specified timeframe.
Selection Process
The selection process at PFC typically involves multiple stages, including written examinations, group discussions, interviews, and other assessments. The specific selection criteria may vary depending on the position applied for. Candidates who successfully clear all stages of the selection process are offered employment opportunities at PFC.
About Power Finance Corporation (PFC)
Power Finance Corporation (PFC) is an Indian central public sector undertaking under the ownership of the Ministry of Power, Government of India. Established in 1986, it is the financial backbone of Indian power sector. PFC’s net worth as on 30 June 2023 is INR 1,184 billion. PFC is the 8th highest profit making Central Public Sector Undertaking (CPSU) as per the Department of Public Enterprises Survey for FY 2017-18. PFC is India’s largest NBFC and also India’s largest infrastructure finance psu. Government has raised status of PFC from ‘ Navratna’ to ‘Maharatna’ psu on 12 October 2021.
Initially wholly owned by the Government of India, the company issued an initial public offering in January, 2007. The issue was oversubscribed by over 76 times, which is one of the largest for an IPO of any Indian psu. PFC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It is also an ISO 9001:2000 certified company[4] and enjoys the status of Maharatna PSU in India. On 6 December 2018, the Government of India approved PFC’s takeover of REC. The acquisition transaction was completed on 28 March 2019 with PFC paying almost Rs. 14,500 Crs to the Govt. of India for the 52.63% stake.
Contact Us:
‘Urjanidhi’ 1 Barakhamba Lane,
Connaught Place, New Delhi-110001
Phone No. 91-11-23456000
Website: www.pfcindia.com
Frequently Asked Questions (FAQs)
To stay updated about PFC recruitment opportunities, regularly visit the official PFC website, where they post job notifications and announcements. You can also follow their social media accounts and subscribe to their email newsletters for the latest updates.
Yes, fresh graduates are eligible to apply for the Graduate Trainee Program at PFC. This program provides a valuable opportunity for young talent to kickstart their career in the power sector. Check the official notifications for specific eligibility requirements and application details.
The selection process for the Graduate Trainee Program at PFC typically involves written examinations, group discussions, interviews, and other assessments. The specific selection criteria may vary, so it is advisable to refer to the official recruitment notifications for detailed information.
Yes, PFC specifies age restrictions for different job positions. The exact age limits vary depending on the position and are mentioned in the official recruitment notifications. Make sure to check the eligibility criteria for the specific position you are interested in.