Power Finance Corporation Limited is a wholly owned government body which is considered as a financial institution. It was established in 1986 16th July in order to manage power sector finance as well as integrated development of power sectors. PFC was announced as a public financial institution in the year 1990 under companies act. It was conferred as Navratna CPSE by government of India on 22nd June, 2007.
PFC is a finance service sector under the ministry of power. The primary objective of this company is to provide potential financial resources in order to encourage the flow of investments in power and its associated sectors. These investments will help immensely in improvising the institutional areas as well as streamline the borrowers in technical, financial and managerial areas.
PFC also deals in financing, project term loan, discounting of bills, consultancy services and short term loan. The mentioned services are implemented for transmission, generation and distribution of various power projects. It has earned many of the prestigious awards for its contribution in the power sector such as KPMG infrastructure today award 2008. Power Finance Corporation is also listed with National Stock Exchange and Bombay Stock Exchange.
To achieve excellence in its every project PFC requires young and talented candidates for various posts and departments. It offers recruitment for deputy manager legal and technical, assistant manager corporate planning and technical, officers of legal, vigilance, human resource, technical, entity appraisal, finance, accountant and Hindi translator. Apart from these vacancies there are several other posts that are open for candidates from different streams.
To apply for the mentioned posts candidates will need to apply online by visiting the official website www.pfcindia.com where the complete application form will be available for all. A person will need to prepare a demand draft in favor of Power Corporation limited or the name mentioned in the advertisement. Eligible candidates will require filling application form and taking printout which will be sent to the mentioned address along with the demand draft and other documents in support of age, education, category and other eligibility criteria.
Procedure may change with different exams therefore you need to keep a regular check on the website and leading newspapers like employment so that you remain updated. Notifications related to these recruitments are regularly published on various websites and newspapers. Pay scale of these officers ranges from about Rs. 15500 to Rs. 58000 which serves as a potential financial medium for career seekers along with a reputed job in central government sector.
To get updated with upcoming recruitment 2013, please refer to official page here www.pfcindia.com/Career_View.aspx
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