GRID-INDIA, a Schedule ‘A’ Miniratna CPSE under the Ministry of Power, has invited applications for the prestigious position of Director (Market Operation). This Board-level role involves overseeing India’s electricity market operations, commercial activities, and regulatory affairs.
Eligible candidates include senior professionals from CPSEs, Central/State Government, Armed Forces, Public Sector Banks, and large Private Sector organizations, with a strong background in engineering and experience in power system or market operations.
The application process is through the PESB portal, with key deadlines falling in August 2025. This detailed guide by AUBSP provides all essential eligibility criteria, key dates, and submission procedures.
Particulars | Details |
---|---|
Company Name | Grid Controller of India Limited (GRID-INDIA) |
Formerly Known As | Power System Operation Corporation Ltd (POSOCO) |
Post Name | Director (Market Operation) |
Type of Post | Board-Level Position |
Advertisement No. | 67/2025 |
Vacancy Date (DOV) | 01.05.2025 |
Advt. Release Date | 17.07.2025 |
Last Date to Apply (Applicant) | 13.08.2025 (By 3:00 PM) |
Last Date to Apply (Nodal Officer) | 22.08.2025 (By 5:00 PM) |
Pay Scale | ₹1,80,000 – ₹3,40,000 (IDA) |
Age Limit | Minimum 45 years, Superannuation at 60 years |
Qualification | Engineering Graduate; MBA/PGDM preferred |
Experience | 5 years in Power Market/System Operations |
Selection Process | Through PESB Interview / Shortlisting |
Submission Mode | Online through PESB Portal (https://pesb.gov.in/) |
Official Address for Communication | Secretary, PESB, Public Enterprises Bhawan, CGO Complex, New Delhi-110003 |
Comprehensive Guide to GRID-INDIA Director (Market Operation) Recruitment 2025
If you are an aspirant aiming for a senior leadership role in India’s power sector, this article will guide you through every essential detail you need to know about the recruitment of the Director (Market Operation) at GRID-INDIA.
At AUBSP, we aim to provide accurate, timely, and reliable guidance for professionals preparing for such prestigious roles in Public Sector Enterprises. This opportunity comes from Grid Controller of India Limited (GRID-INDIA), a Miniratna Schedule ‘A’ CPSE wholly owned by the Government of India.
About GRID-INDIA (Company Profile)
GRID-INDIA, formerly known as POSOCO, plays a pivotal role in ensuring the integrated operation of India’s power system. It operates the National Load Despatch Centre (NLDC) and five Regional Load Despatch Centres (RLDCs) since 1st October 2010.
Mission Statement
- Ensure integrated operation of the Indian Power System.
- Facilitate transfer of electric power with Reliability, Economy, and Sustainability.
- Facilitate competitive and efficient wholesale electricity markets.
- Administer settlement systems.
Key Company Details (As of 31.03.2025)
Particulars | Details |
---|---|
Ownership | 100% Government of India |
Status | Schedule ‘A’ / Miniratna CPSE |
Under Ministry | Ministry of Power |
Registered Office | B-9, Qutab Institutional Area, Katwaria Sarai, New Delhi-110016 |
Employees (Regular) | 631 (Executives: 588, Non-Executives: 43) |
Authorized Capital | ₹200 Crore |
Paid-up Capital | ₹40.85 Crore |
Job Role: Director (Market Operation)
The Director (Market Operation) will serve on the Board of Directors and report directly to the Chairman and Managing Director of GRID-INDIA.
Key Responsibilities:
- Oversee commercial operations and electricity market operations.
- Manage open access for inter-state transmission.
- Supervise power exchange operations, accounting, and settlement of transmitted electricity.
- Oversee deviation settlement and pool account operations.
- Integrate renewable energy and manage REC mechanisms.
- Handle legal and regulatory matters.
Pay Scale:
₹1,80,000 – ₹3,40,000 (IDA Pattern)
Key Dates to Remember
Event | Date / Time |
---|---|
Date of Vacancy (DOV) | 01.05.2025 |
Date of Advertisement | 17.07.2025 |
Last Date for Application Submission | 03:00 PM on 13.08.2025 |
Last Date for Forwarding by Nodal Officers | 05:00 PM on 22.08.2025 |
Eligibility Criteria
1️⃣ Age Limit
- Minimum Age: 45 years
- Superannuation Age: 60 years
2️⃣ Employment Status
Applicants must be employed in a regular capacity in:
- Central PSUs
- Group ‘A’ Central Government services, including Armed Forces and All India Services
- State PSUs with turnover of ₹2,000 crore or more
- Private Sector companies with turnover of ₹2,000 crore or more
Preference to candidates from listed companies.
3️⃣ Educational Qualification
- Mandatory: Engineering Graduate from a recognized University.
- Preferred: MBA / PGDM or Postgraduate in Economics.
4️⃣ Experience
Minimum 5 years cumulative experience in the past 10 years in:
- Power Market Operations
- Power System Operations
5️⃣ Eligible Pay Scales
Category | Pay Scale (Examples) |
---|---|
Central PSUs (IDA/CDA) | Rs. 7250-8250 (Pre 1992) to Rs. 1,84,200-2,18,200 (Level 14, Post 2016) |
Govt. Officers | Joint Secretary equivalent / Level 14 |
Public Sector Bank/FI | Board level or one level below |
Armed Forces | Major General or equivalent |
State PSUs / Private | Board level or one level below |
Duration of Appointment
✅ Five years or until the age of superannuation or further orders, whichever is earlier.
Application Process
How to Apply?
Candidates have two options via PESB portal (https://pesb.gov.in/):
1️⃣ Online submission through proper channel.
2️⃣ Online submission + offline printout forwarding through proper channel.
Required Documentation for Private Sector Candidates:
- Annual reports for last 3 financial years
- Proof of listing (if applicable)
- Board-level position evidence
- Age and qualification proof
- Job profile details
Conditions for Central Govt. Applicants
- Appointment on immediate absorption basis.
- Debarment for 2 years for post-interview or post-offer unwillingness.
Undertaking
Applicants must agree in writing to join the post if selected. Failure leads to debarment from CPSE Board positions for 2 years.
Important Contact
Applications to be addressed to:
Secretary, Public Enterprises Selection Board
Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003
FAQs on GRID-INDIA Recruitment 2025
What is the name of the organization offering this position?
The organization is Grid Controller of India Limited (GRID-INDIA), formerly known as Power System Operation Corporation Ltd. (POSOCO).
What is the designation offered in this recruitment?
The post offered is Director (Market Operation), which is a Board-level position.
Who is eligible to apply for this post?
Eligible applicants include individuals working in CPSEs, Central/State Government, Armed Forces, Public Sector Banks, Financial Institutions, Autonomous Bodies, or Private Sector companies with an annual turnover of ₹2,000 crore or more.
What is the minimum educational qualification required?
Applicants must be Engineering Graduates from a recognized university. Preference will be given to those with an MBA, PGDM, or a postgraduate degree in Economics.
What kind of experience is required?
Applicants should have at least 5 years of cumulative experience in Power Market Operations or Power System Operations within the last 10 years.
What is the age limit for applying?
The minimum age is 45 years, and the age of superannuation is 60 years.
What is the pay scale for the Director (Market Operation) post?
The pay scale is ₹1,80,000 – ₹3,40,000 as per the Industrial Dearness Allowance (IDA) pattern.
What is the date of vacancy for this position?
The vacancy arises from 01.05.2025.
What is the advertisement number for this recruitment?
The advertisement number is 67/2025.
What are the important dates for application submission?
The last date for applicants is 13.08.2025 by 03:00 PM, and the last date for forwarding by nodal officers is 22.08.2025 by 05:00 PM.
What is the mode of application submission?
Applications should be submitted online through the PESB portal at https://pesb.gov.in/. Applicants may also forward a hard copy after online submission through the proper channel.
Is it mandatory to submit applications through the proper channel?
Yes, applicants must route their applications through the proper channel as specified, depending on their current employer.
What documents are required for private sector applicants?
Private sector applicants must provide company annual reports for the last three years, proof of listing if applicable, evidence of Board-level position, proof of qualifications and age, and details of previous job responsibilities.
Is there any condition for candidates from the Central Government?
Yes, Central Government applicants, including those from Armed Forces and Public Sector Banks, must apply on immediate absorption basis.
What happens if a candidate refuses to join after selection?
The candidate will be debarred from consideration for Board-level posts in any CPSE for two years from the date of interview or offer of appointment, as applicable.
How long will the appointment be valid?
The appointment is for five years from the date of joining or until superannuation or further orders, whichever is earlier.
What are the key responsibilities of Director (Market Operation)?
The Director oversees commercial operations, electricity market operations, open access in inter-state transmission, power exchange operations, settlement systems, deviation settlements, pool account management, renewable energy integration, REC mechanisms, and legal/regulatory matters.
Is this a permanent government position?
Yes, it is a permanent Board-level position within a Government of India CPSE, subject to appointment duration terms.
What is the official address for correspondence with PESB?
Secretary, Public Enterprises Selection Board, Public Enterprises Bhawan, Block No. 14, CGO Complex, Lodhi Road, New Delhi-110003.
Where can I find more information about this vacancy?
Detailed information is available on the PESB official website at https://pesb.gov.in/.
Can AUBSP help me with preparation for this opportunity?
Yes, AUBSP provides reliable, authentic guidance and resources to help candidates prepare for prestigious positions like this in India’s public sector.
As a leading platform offering authentic updates on government and PSU opportunities, AUBSP emphasizes the importance of adhering to timelines and fulfilling all eligibility criteria meticulously. This role at GRID-INDIA is a prestigious career opportunity for those who aspire to contribute significantly to India’s energy sector at the leadership level.
If you wish to prepare for this role or seek further guidance, stay connected with AUBSP.com for reliable insights and updates.
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