PFC Recruitment 2025: Apply for Director (Commercial) Post – Eligibility, Salary, Last Date & Application Link

Power Finance Corporation (PFC), a Maharatna CPSE under the Ministry of Power, has invited applications for the prestigious post of Director (Commercial), a key Board-level position responsible for driving institutional development, policy facilitation, and overseeing flagship government programs like RDSS.

Eligible candidates with a strong background in Commercial, Financial, or Institutional Development roles and a minimum of 5 years of relevant experience can apply online through the PESB portal by 28th August 2025. This is a golden opportunity for dynamic leaders aiming to play a strategic role in India’s power sector transformation.

Power Finance Corporation (PFC) Recruitment 2025: Director (Commercial) Post – Eligibility, Responsibilities & Application Process

Are you aiming for a top leadership position in India’s prestigious Maharatna Public Sector Enterprises (PSEs)? The Power Finance Corporation Limited (PFC) is inviting applications for the post of Director (Commercial), a Board-level position that plays a pivotal role in India’s power sector development. This is a golden opportunity for professionals seeking to contribute to policy-level decision-making while leading key commercial and strategic initiatives.

Let’s explore the job profile, eligibility criteria, pay scale, application process, and all essential details to help you navigate this recruitment opportunity efficiently.

About Power Finance Corporation (PFC): A Maharatna Powerhouse Driving India’s Energy Sector

Before diving into the job details, understanding PFC’s stature is crucial. Established in 1986, Power Finance Corporation (PFC) has been the financial backbone of India’s power and allied infrastructure sectors. As a Schedule A Maharatna CPSE under the Ministry of Power, PFC mobilizes financial resources domestically and internationally to fund critical energy projects.

With a robust capital structure—Authorized Capital: ₹11,200 crore | Paid-up Capital: ₹3,300.10 crore—PFC plays a catalytic role in India’s power sector reforms. The organization currently employs 539 regular employees, fostering a high-performance and professionally driven work culture.

Director (Commercial) – A Board-Level Leadership Role with Strategic Influence

The Director (Commercial) at PFC is not just a designation—it is a critical leadership role responsible for steering the corporation’s commercial strategy and ensuring alignment with national energy policies. Reporting directly to the CMD, this position requires a visionary leader adept at balancing institutional development, policy facilitation, and operational excellence.

Key Responsibilities:

1. Institutional development of borrower entities, particularly State Power Utilities.
2. Appraisal and documentation of Public and Private power utility projects.
3. Oversight of Government of India flagship programs like RDSS (Revamped Distribution Sector Scheme).
4. Leadership in HR, IT systems management, CSR policy, Official Language Implementation, and PR activities.

Eligibility Criteria for PFC Director (Commercial) Post: Who Can Apply?

If you’re a dynamic leader with a strong professional background in commercial and institutional development, this role is tailor-made for you. However, meeting the eligibility criteria is paramount. Here’s a detailed breakdown:

1. Age Limit:

• Minimum Age: 45 Years.
• Residual Service: 2 years (Internal candidates) / 3 years (Others) as on 01.04.2026 till superannuation at 60 years.

2. Employment Status:

Candidates must be employed in a regular capacity in:

• CPSEs (Functional Director level preferred)
• Central/State Government Group ‘A’ officers.
• Public Sector Banks, Financial Institutions, Autonomous Bodies.
• Private Sector companies with an annual turnover of ₹10,000 crore or more.

3. Educational Qualifications:

• Engineering Graduate or
• Graduation with MBA/PGDM or
• Graduation with CA/CMA from a recognized institution with a strong academic record.

4. Professional Experience:

• Minimum 5 years of cumulative experience in Commercial/Financial/Institutional Development roles within the last 10 years.
• Experience in Power Sector is highly desirable.

5. Pay Scale Requirements:

Candidates must have served in eligible pay scales as detailed in the official notification (IDA/CDA scales applicable).

Duration of Appointment: Leadership with Long-term Strategic Vision

The selected candidate will be appointed for a 5-year term or until superannuation, whichever is earlier. This ensures continuity in leadership for implementing medium to long-term strategic initiatives aligned with PFC’s corporate vision.

Application Procedure: Step-by-Step Guide for Applying Online

Candidates aspiring for this high-profile role must adhere strictly to the application process laid down by the Public Enterprises Selection Board (PESB). Applications are to be submitted online through https://pesb.gov.in/ within 30 days from the advertisement date.

Submission Process:

1. Online Submission via PESB website.
2. Applications must be forwarded through proper channel based on the candidate’s employment sector (Central Govt., CPSE, SPSE, Private Sector, etc.).
3. Private Sector applicants must additionally submit:
   • Annual Reports of last 3 years.
   • Company Listing Proof.
   • Evidence of Board-level or equivalent role.
   • Documents supporting age, qualifications, and past job roles.

Important Dates:

• Last Date for Online Submission: 28.08.2025 (03:00 PM)
• Forwarding by Nodal Officers Deadline: 08.09.2025 (05:00 PM)

Debarment Clause: Mandatory Undertaking for Applicants

Applicants must submit a commitment undertaking to join if selected. Any unwillingness to join after selection or interview will lead to a 2-year debarment from applying for Board-level CPSE positions. This ensures only serious and committed applicants apply for such pivotal roles.

Why Aim for a Director-Level Position at PFC?

Serving as a Director at PFC not only enhances your professional stature but also places you at the heart of India’s energy transformation journey. You will have the unique opportunity to:

• Influence national-level policy implementations.
• Work on flagship government programs.
• Lead a dynamic team of professionals in a Maharatna CPSE.
• Drive sustainable growth in India’s power infrastructure landscape.

Ready to Lead India’s Power Reforms? Apply Now!

If you possess the vision, leadership, and expertise to make a difference in India’s power sector, this is your moment. Visit https://pesb.gov.in/ and apply for the Director (Commercial) post at Power Finance Corporation (PFC) today! Ensure your application is comprehensive and reaches PESB within the stipulated timeline.

Stay tuned with AUBSP.com for the latest updates on PSU Recruitments, Government Jobs, and Career Opportunities in India’s Power Sector.

FAQs PFC Recruitment 2025

What is the full form of PFC?
Power Finance Corporation.

Which post is PFC recruiting for in 2025?
PFC is recruiting for the post of Director (Commercial).

Is the Director (Commercial) post a Board-level position?
Yes, it is a Board-level Functional Director position at PFC.

What is the pay scale for Director (Commercial) at PFC?
The pay scale is ₹1,80,000 – ₹3,40,000 (IDA pattern).

What is the date of vacancy for the Director (Commercial) post?
The date of vacancy is 01 April 2026.

What is the minimum age requirement for applicants?
The minimum age required is 45 years.

What is the age of superannuation for this post?
The age of superannuation is 60 years.

What qualifications are required to apply for PFC Director (Commercial)?
Applicants must be Engineering Graduates or Graduates with MBA/PGDM or CA/CMA from a recognized institution.

What is the experience requirement for this position?
Candidates must have at least 5 years of cumulative experience in Commercial, Financial, or Institutional Development roles during the last 10 years.

Is experience in the Power Sector mandatory?
It is not mandatory but preferred.

What is the employment status criteria for applicants?
Applicants must be employed in a regular capacity in CPSE, Central/State Govt., Public Sector Banks, Financial Institutions, Autonomous Bodies, or Private Sector companies with a turnover of ₹10,000 crore or more.

What is the last date to apply for the Director (Commercial) post?
The last date for applicants to submit their applications is 28 August 2025 by 03:00 PM.

What is the deadline for forwarding applications by nodal officers?
Nodal officers must forward applications to PESB by 08 September 2025 by 05:00 PM.

Where should the applications be submitted?
Applications must be submitted online through the PESB website (https://pesb.gov.in/).

Is offline submission allowed for private sector candidates?
Private sector candidates can take a printout of the online form and send it offline as per guidelines.

Do private sector applicants need to submit additional documents?
Yes, they must submit Annual Reports, company listing proof, evidence of holding Board-level position, age and qualification documents, and a detailed job experience record.

What happens if a selected candidate refuses to join after selection?
The candidate will be debarred for two years from being considered for Board-level posts in any CPSE.

What is the mode of selection for this post?
The selection will be done through shortlisting and an interview conducted by PESB.

What are the key responsibilities of Director (Commercial) at PFC?
Responsibilities include institutional development of borrower entities, project appraisal, loan documentation, overseeing flagship programs like RDSS, HR management, IT systems, CSR policy, and PR activities.

Is immediate absorption applicable to Central Government officers applying for this post?
Yes, Central Government officers, including Armed Forces and All India Services, must apply on immediate absorption basis.

What is the authorized and paid-up capital of PFC as of March 2025?
The authorized capital is ₹11,200 crore, and the paid-up capital is ₹3,300.10 crore.

What percentage of shareholding does the Government of India hold in PFC?
The Government of India holds a 55.99% stake in PFC.

Where is the Corporate Office of PFC located?
PFC’s Registered and Corporate Office is in New Delhi.

What is the total number of employees in PFC as of March 2025?
PFC has 539 regular employees.

Is there a debarment clause for private sector applicants who refuse the offer post-selection?
Yes, they will be debarred for two years from Board-level CPSE positions.

What is the penalty for unwillingness after the interview but before appointment?
The candidate will be debarred for two years from being considered for any CPSE Board-level position.

Can officers below Board-level in CPSE apply?
Yes, but their applications must be routed through the concerned CPSE and Administrative Ministry.

Are candidates from Autonomous Bodies eligible to apply?
Yes, if they are employed in a regular capacity and meet the other eligibility conditions.

Does PESB reserve the right to shortlist applicants?
Yes, PESB reserves the right to shortlist candidates based on guidelines.

Who should the application correspondence be addressed to?
All correspondence should be addressed to the Secretary, Public Enterprises Selection Board, New Delhi.