NTPC Limited Invites Applications for Director (Finance) Post

New Delhi, March 2, 2026: NTPC Limited, India’s largest integrated power company and a Maharatna Central Public Sector Enterprise (CPSE), has announced a vacancy for the position of Director (Finance) . The recruitment is being managed by the Public Enterprises Selection Board (PESB) under Advertisement No. 33/2026.

This is a prestigious board-level position, offering a significant opportunity for senior finance professionals from the public and private sectors to lead the financial strategy of one of the country's most vital energy organizations.

Key Details of the NTPC Director (Finance) Recruitment

Post Name: Director (Finance)
Organization: NTPC Limited
Advt. No.: 33/2026 (PESB)
Pay Scale: Rs. 180,000 – 340,000 (IDA)
Date of Vacancy (DOV): January 1, 2027
Age of Superannuation: 60 years
Last Date for Online Application: March 23, 2026 (03:00 PM)
Last Date for Forwarding Applications (for nodal officers): April 1, 2026 (05:00 PM)

Job Profile and Responsibilities

The Director (Finance) will be a key member of the NTPC Board, reporting directly to the Chairman and Managing Director. The role is responsible for the overall finance and accounts functions of the organization, including:

Evolving, formulating, and implementing financial policies.
Managing commercial aspects of the business.
Strategic financial planning and corporate financial management.

Eligibility Criteria

Interested candidates must meet the following criteria to be considered for the role:

1. Age Limit (as on DOV - 01.01.2027)

Internal Candidates: Minimum 45 years (with at least 2 years of residual service).
Others: Minimum 45 years (with at least 3 years of residual service).

2. Educational Qualification

The applicant must be a Chartered Accountant (CA) , Cost Accountant (CMA) , or hold a full-time MBA/PGDM with specialization in Finance from a recognized university/institution.
Preference will be given to Chartered Accountants.
Officers from Organized Group 'A' Accounts Services (like IAAS, IDAS, IRAS, etc.) are exempted from this qualification if they possess the relevant experience mentioned below.

3. Experience Requirement

The applicant must have at least five years of cumulative experience at a senior level during the last ten years in the area of Corporate Financial Management/ Corporate Accounts in an organization of repute.
For candidates from Central Government, Armed Forces, and All India Services, specific experience criteria apply as detailed in the official notification.

Who Can Apply?

Applications are invited from candidates working in:

CPSEs: Full-time functional Directors or below-board-level officers in the eligible scale.
Central Government: Group 'A' Officers holding a post of Joint Secretary or equivalent.
State PSEs (SPSEs): With an annual turnover of Rs. 10,000 crore or more.
Private Sector/JVs/Federations: From companies with an annual turnover of Rs. 10,000 crore or more. Preference will be given to candidates from listed companies.

Important Instructions for Applicants

Mode of Application: Applications must be submitted online only through the PESB website (https://pesb.gov.in/).
Proper Channel: Most applicants (except those from private companies) are required to submit their applications through the proper channel (Cadre Controlling Authority, Administrative Ministry, or Head of Organization).
Vigilance Clearance: Applications must be accompanied by a vigilance clearance in the 13-point proforma prescribed by the CVC.
Undertaking: Candidates must provide an undertaking stating they will join the post if selected. Failure to do so may result in debarment from future PESB selections.
Private Company Candidates: Must submit annual reports, proof of company listing (if applicable), and evidence of working at the Board or immediately below Board level.

Selection Process

The PESB reserves the right to shortlist applicants for the interview. The selection will be based on the candidate's qualifications, experience, and performance in the interview.

For official notification and more details, candidates can refer to the PESB website.

Frequently Asked Questions (FAQs)

1. What is the last date to apply for the NTPC Director (Finance) post?
The last date for candidates to submit their online application is March 23, 2026, up to 03:00 PM. For applications that need to be forwarded through nodal officers, the last date is April 1, 2026.

2. What is the pay scale for this position?
The selected candidate will receive a salary in the pay scale of Rs. 180,000 – 340,000 (IDA) .

3. Is the Chartered Accountant (CA) qualification mandatory for this job?
While a CA, CMA, or MBA (Finance) are the required qualifications, the notification explicitly states that preference will be given to Chartered Accountants.

4. I am working in a private company. Can I apply for this PSU Board-level post?
Yes, candidates from the private sector can apply, provided their company has an average audited annual turnover of Rs. 10,000 crore or more in the preceding three financial years. Preference will be given to candidates from listed companies.

5. What is the age criterion for candidates from outside NTPC?
Candidates from outside NTPC (Others) must have a minimum age of 45 years and should have at least 3 years of residual service as of the date of vacancy (01.01.2027), meaning they should not be above 57 years of age on that date.

6. What does "application through proper channel" mean?
It means that your application must be forwarded by your current employer (or the Cadre Controlling Authority) to the PESB. This ensures that you are clear from a vigilance angle and that your employer is aware of your application. Private company candidates are exempt from this and can apply directly.

7. What happens if I apply but later decide not to join after being selected?
As per the undertaking, if a candidate withdraws after the interview or after receiving the offer letter, they will be debarred for a period of two years from being considered for any Board-level post in any CPSE through PESB.

8. Where can I find the official notification and application link?
The detailed advertisement and the online application link are available on the official website of the Public Enterprises Selection Board (PESB) at https://pesb.gov.in/ .