Executive Search: PESB Seeks Chairman & Managing Director for NLC India Limited

The Public Enterprises Selection Board (PESB), operating under the Department of Personnel & Training, Government of India, has formally issued an advertisement (Advt. No. 110/2025) for the appointment of the Chairman & Managing Director (CMD) of NLC India Limited. This high-profile vacancy is set to occur on July 1, 2026.

Company Profile: NLC India Limited

NLC India Ltd. (formerly Neyveli Lignite Corporation Limited) is a Schedule ‘A’ Navratna listed CPSE. Incorporated on November 14, 1956, the company operates in the Power Generation Sector and falls under the administrative control of the Ministry of Coal. Its primary mission is to conduct detailed exploration of lignite deposits in and around the Neyveli region and to assist with similar exploration work nationwide, focusing on quality, economy, and efficiency.

The CMD serves as the Chief Executive of the Corporation, holding accountability to both the Board of Directors and the Government of India. The CMD is entrusted with the responsibility for the efficient functioning of the Corporation and for achieving its defined corporate objectives and performance parameters.

Key Corporate Data (as of the advertisement):

• Registered Office: Chennai, Tamilnadu.
• Corporate Office: Neyveli, Tamilnadu.
• Authorized Capital (as on 01.06.2025): Rs. 2,000 crores.
• Paid-up Capital (as on 01.06.2025): Rs. 1,386.64 crores.
• Government of India Shareholding (as on 01.06.2025): 72.2%.
• Scale of the Post: Rs. 200000-370000 (IDA).
• Duration of Appointment: Five years from the date of joining, or up to the date of superannuation (60 years), or until further orders, whichever is earlier.

Essential Eligibility Requirements

The eligibility criteria are stringent, covering age, employment status, educational background, and experience.

1. Age & Residual Service (As on 01.07.2026 – Date of Vacancy):

2. Employment Status:

The applicant must be employed in a regular capacity (not contractual/ad-hoc) on both the date of application and the date of the interview, in one of the following:

• Central Public Sector Enterprise (CPSE).
• Central Government Group ‘A’ Officer, including Armed Forces of the Union and All India Services, Public Sector Banks/Financial Institutions/Autonomous Bodies, etc..
• State Public Sector Enterprise (SPSE) or Private Sector company where the average audited annual turnover is ₹5,000 crore or more. Preference will be given to candidates from listed Companies.

3. Qualification:

The applicant must be an Engineering Graduate or a Chartered Accountant or a Cost Accountant or a Post Graduate or a Graduate with MBA/PGDIM from a recognized institute.

4. Experience:

Applicants must possess a cumulative experience/exposure for at least 5 years during the last 10 years in a large organization of repute in the fields of Finance, Business Development, Production/Operations, Marketing, or Project Management.

• Desirable Experience: Experience in the Coal/Mining sector is desirable.

5. Pay Scale/Level Requirements:

For candidates to be eligible, they must be working in or above the following equivalent scales or levels:

• CPSEs (IDA Scales): Rs. 150000-300000 (Post 01/01/2017) or equivalent pre-revised scales. Internal candidates need one year of service in the eligible scale; others need two years.
• Central Government/AIS: Must hold a post of the level of Additional Secretary in Govt. of India or carry an equivalent scale on a substantive basis. Appointment for these officers is on an immediate absorption basis.
• Armed Forces: Must hold a post of the level of Lt. General in the Army or equivalent rank in Navy/Air Force.
• SPSE/Private Sector: Must be working at a Board level position.

Submission and Debarment Policy

The application form must be filled out online only on the PESB website, https://pesb.gov.in/. Applicants must then forward their applications either online or offline through the proper channel.

Important Dates:

• Last Date for Applicants’ Submission: 03:00 PM on November 27, 2025.
• Last Date for Nodal Officers’ Forwarding: 05:00 PM on December 08, 2025.

Applications received after the stipulated dates or incomplete applications shall be REJECTED.

Debarment for Unwillingness to Join:

Applicants who convey unwillingness to join after the interview or after the offer of appointment will be debarred for two years from being considered for a Board level post in any CPSE. This applies universally, with a slight variation for CPSE candidates (debarred for posts other than their own CPSE).