The Indian Renewable Energy Development Agency Limited (IREDA), a Navratna CPSE under the Ministry of New and Renewable Energy, is inviting applications for the prestigious post of Director (Projects).
This Board-level role offers a pay scale of up to ₹3,40,000 and involves leading renewable energy initiatives in solar, wind, biomass, hydro, and emerging technologies. Eligible candidates—Engineering graduates with at least five years’ relevant experience—must apply online via the PESB portal by 8th September 2025, with forwarding from the proper channel as per employment category.
| Particulars | Details |
|---|---|
| Organization | Indian Renewable Energy Development Agency Limited (IREDA) |
| Post Name | Director (Projects) |
| Type | Board-level Position in Navratna CPSE |
| Sector | Renewable Energy / Financial Services |
| Pay Scale | ₹1,80,000 – ₹3,40,000 (IDA) |
| Age Limit | Minimum 45 years (with residual service conditions) |
| Qualification | Engineering degree; MBA/PGDM preferred |
| Experience | Min. 5 years in project appraisal/monitoring; renewable energy experience preferred |
| Application Mode | Online via PESB portal |
| Last Date to Apply | 8th September 2025 (3:00 PM) |
| Forwarding by Nodal Officer | 17th September 2025 (5:00 PM) |
| Tenure | 5 years or until superannuation (age 60) |
| Official Website | https://pesb.gov.in |
IREDA Recruitment 2025: Apply for Director (Projects)
If you are an experienced professional with a passion for renewable energy and leadership, the Indian Renewable Energy Development Agency Limited (IREDA) is offering an exciting opportunity. The position of Director (Projects) is a high-profile Board-level role in a Schedule ‘A’ Navratna CPSE, reporting directly to the Chairman & Managing Director. In this detailed AUBSP guide, you’ll find everything you need to know about eligibility, responsibilities, pay scale, and how to apply before the last date.
About IREDA – Powering India’s Renewable Future
The Indian Renewable Energy Development Agency Limited (IREDA) was incorporated under the Companies Act, 1956 with a mission to promote, develop, and finance projects harnessing renewable energy. It operates under the Ministry of New and Renewable Energy and is registered as a Non-Banking Financial Company (NBFC) with the RBI.
As a Navratna CPSE since May 2024, IREDA is at the forefront of financing projects in solar, wind, biomass, hydro, energy efficiency, e-mobility, and other green technologies. With a shareholding pattern of 75% Government and 25% public, and an authorized capital of ₹6000 crores, IREDA is a key player in India’s clean energy transformation.
Role & Responsibilities of Director (Projects)
The Director (Projects) will serve as a core member of the Board of Directors and will be responsible for strategic leadership in project identification, appraisal, financing, and execution. This role covers a diverse portfolio, including wind, solar, biomass, cogeneration, hydro, and emerging energy resources.
You will be expected to:
- Develop marketing strategies for lending operations.
- Identify new business opportunities.
- Conduct techno-commercial project appraisals.
- Monitor financed projects for timely execution.
- Offer consultancy services in renewable energy sectors.
Eligibility Criteria – Who Can Apply
IREDA is seeking visionary leaders with strong technical and managerial expertise. Candidates must fulfill the following conditions:
- Age Limit: Minimum 45 years (with specific residual service conditions based on category).
- Educational Qualification: Engineering degree with a good academic record. MBA/PGDM preferred.
- Experience: Minimum 5 years of cumulative experience in project appraisal, monitoring, or related areas over the last 10 years. Renewable energy sector experience is advantageous.
- Employment Status: Must be employed in a regular capacity in CPSE, SPSE, Government, Armed Forces, Financial Institutions, or eligible private sector companies with turnover ≥ ₹5000 crore.
Pay Scale & Benefits
The position offers a prestigious Board-level pay band under the IDA/CDA pattern, depending on the candidate’s current role. For CPSE executives, the eligible scale is ₹1,00,000–2,60,000 (IDA), with a potential maximum of ₹3,40,000 for this role. Equivalent scales apply to government and private sector candidates, with a strong emphasis on leadership experience at Board or near-Board level.
Duration of Appointment
The selected candidate will be appointed for five years or until the date of superannuation (age 60), whichever comes first. This ensures a stable and impactful tenure to drive IREDA’s ambitious green energy projects.
How to Apply – Step-by-Step Guide
All applications must be submitted online only through the PESB portal: https://pesb.gov.in. After filling in the form, candidates must route their applications via the proper channel, depending on their current employment category.
For private sector applicants, additional documents such as annual reports, proof of listing, Board-level experience evidence, and qualification certificates are required.
Important Dates:
- Last date for applicant submission: 8th September 2025 (3:00 PM)
- Last date for nodal officers to forward applications: 17th September 2025 (5:00 PM)
Selection Process & Conditions
The PESB will shortlist candidates based on eligibility and interview performance. Notably, if a candidate declines the offer after the interview or appointment, they may face a two-year debarment from applying to Board-level CPSE positions.
Why This Role Matters
This is more than just a high-paying leadership job—it’s a chance to shape India’s renewable energy roadmap. As Director (Projects), you’ll be leading initiatives that directly contribute to national sustainability goals, job creation, and technological advancement.
FAQs on IREDA Recruitment 2025
What is the organization offering this position?
The Indian Renewable Energy Development Agency Limited (IREDA), a Navratna CPSE under the Ministry of New and Renewable Energy, is offering the position.
What is the name of the post available?
The available position is Director (Projects).
What is the pay scale for the Director (Projects) position?
The pay scale is ₹1,80,000 – ₹3,40,000 (IDA).
What type of organization is IREDA?
IREDA is a Schedule ‘A’ Central Public Sector Enterprise (CPSE) in the Financial Services sector, focusing on renewable energy financing.
What are the main responsibilities of the Director (Projects)?
The Director (Projects) oversees renewable energy projects in wind, solar, biomass, cogeneration, hydro, energy efficiency, e-mobility, and emerging technologies, along with project appraisal, monitoring, and strategic business development.
What is the minimum age required to apply?
Applicants must be at least 45 years old on the date of vacancy.
What are the educational qualifications required?
Candidates must have an engineering degree with a good academic record from a recognized institution. An MBA or Post Graduate Diploma in Management is preferred.
What work experience is necessary?
Applicants must have at least five years of cumulative experience in the last ten years in technical, techno-economic, financial, or environmental appraisal of projects, including project monitoring.
Is experience in the renewable energy sector mandatory?
It is not mandatory but candidates with experience in the power or renewable energy sector will be given preference.
What is the maximum age of superannuation for this role?
The maximum age of superannuation is 60 years.
What employment status must the applicant have?
Applicants must be in a regular capacity in CPSEs, SPSEs, Government, Armed Forces, Financial Institutions, Autonomous Bodies, or eligible private sector companies with a turnover of ₹5,000 crore or more.
Is preference given to any particular type of company?
Yes, preference will be given to candidates from listed companies.
Can private sector candidates apply?
Yes, private sector candidates from companies with a turnover of ₹5,000 crore or more can apply, provided they meet other eligibility criteria.
What documents must private sector applicants submit?
Private sector applicants must submit annual reports for the last three financial years, proof of listing if applicable, evidence of Board-level or equivalent position, proof of age and qualifications, and details of relevant jobs handled.
What is the tenure of the appointment?
The tenure is five years from the date of joining or until superannuation, whichever is earlier.
What is the mode of application?
Applications must be submitted online only through the PESB portal.
What is the last date to submit the application?
The last date to apply is 8th September 2025 by 3:00 PM.
What is the last date for nodal officers to forward applications?
The last date for nodal officers to forward applications is 17th September 2025 by 5:00 PM.
What happens if a candidate declines the offer after selection?
If a candidate declines after the interview or appointment, they may be debarred for two years from applying for Board-level posts in CPSEs.
Where can I find the official notification and application link?
The official notification and application form are available on the PESB website at https://pesb.gov.in.
If you meet the eligibility criteria and are ready to lead in India’s green energy revolution, don’t miss this opportunity. Visit the PESB website, prepare your documents, and submit your application before the deadline. Stay tuned to AUBSP for updates on government and PSU job opportunities, career guidance, and professional success tips.
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