PESB Seeks New CMD for Konkan Railway, Last Date June 26

New Delhi, June 5, 2026: The Public Enterprises Selection Board (PESB) has invited applications for the post of Chairman and Managing Director (CMD) of Konkan Railway Corporation Limited (KRCL), a Schedule 'A' Public Sector Undertaking under the Ministry of Railways.

According to Advertisement No. 65/2026, the vacancy will arise on April 1, 2027. The selected candidate will be placed in the pay scale of ₹2,00,000–₹3,70,000 (IDA) and will serve as the chief executive of the corporation.

About Konkan Railway

Konkan Railway Corporation Limited was established in July 1990 to execute the landmark 741-km railway line connecting Roha in Maharashtra with Thokur in Karnataka along India's western coast. Train operations on the route commenced on January 26, 1998.

KRCL is jointly owned by the Government of India and the state governments of Maharashtra, Karnataka, Goa, and Kerala. The Ministry of Railways currently holds a 66.79% stake in the company.

As of March 31, 2026, KRCL had a paid-up capital of ₹2,659.51 crore, authorized capital of ₹8,079.51 crore, and a workforce of more than 5,200 employees.

Eligibility Criteria

Applicants must be at least 45 years of age and possess qualifications such as Engineering, Chartered Accountancy, Cost Accountancy, Post-Graduation, or MBA/PGDIM from a recognized institution.

Candidates should have a minimum of five years of senior-level experience during the last ten years in areas such as operations, project management, finance, business development, production, or marketing. Experience in railway infrastructure, construction, and consultancy services will be an added advantage.

Who Can Apply?

Applications are open to:

• Senior executives from Central Public Sector Enterprises (CPSEs)

• Central Government Group 'A' officers

• Armed Forces officers of equivalent rank

• State PSUs with annual turnover above ₹1,500 crore

• Eligible private sector executives working at Board level positions

Important Dates

• Last date for online application: June 26, 2026 (3:00 PM)

• Last date for forwarding applications: July 6, 2026 (5:00 PM)

The appointment will be for a period of five years from the date of joining or until superannuation, whichever is earlier.