(1) Age: – (i) Chairman and Members, -
(a) Minimum 45 years;
(b) not more than 58 years for the officers of Damodar Valley Corporation and not more than 57 years for others.
(ii) Member-Secretary – Maximum 55 years.
(2) Qualification and Experience: – (i) Chairman – (a) Government Officers in the scale of rupees 67,000 – 79,000 in the Government of India or officers in equivalent scale of Pay, or
(b) Central Public Sector Executive holding posts in the scale of rupees 62000-80000 with Industrial Dearness Allowance or rupees 67000-79000/- with Central Dearness Allowance with two years of service, or
(c) Officers of Damodar Valley Corporation in the scale of rupees 67,000-79,000 with one year of service.
Note: — The officer having experience in Power Sector, Management, Finance and having qualification of MBA is desirable.
(ii) Member (s):- (a) Government Officers in the scale of rupees 37,000 – 67,000 with Grade Pay Rupees 10,000/- in the Government of India or officers in equivalent scale of Pay, or
(b) Central Public Sector Executive holding posts in the scale of rupees 51300-73000 with Industrial Dearness Allowance or rupees 37400-67000 with Grade Pay rupees 10,000 with Central Dearness Allowance with two years of service, or
(c) Officers of Damodar Valley Corporation in the scale of rupees 37,000 – 67,000 with Grade Pay Rupees 10,000/- with one year of service.
(d) Member (Technical): — The applicant shall be a graduate in Engineering preferably in Electrical/Mechanical from a recognized university/institution having experience of working in irrigation, water supply and power generation.
Member (Finance):- The applicant shall be a Cost Accountant/Chartered Accountant/MBA with specialisation in Finance from a recognised University/Institution having experience of working at a senior level in Corporate Financial Management and Accounts including Costs and Budgetary Control, Institutional Finance, Working Capital Management in an organisation of repute.
(iii) Member –Secretary:— (a) Government Officers in the scale of rupees 37,000–67,000 with Grade Pay Rupees 10,000/- in the Government of India or officers in equivalent scale of Pay, or
(b) Central Public Sector Executive holding posts in the scale of rupees 51300-73000 with Industrial Dearness Allowance or rupees 37400-67000 with Grade Pay rupees 10,000 with Central Dearness Allowance with two years of service, or
(c) Officers of Damodar Valley Corporation in the scale of rupees 37,000–67,000 with Grade Pay Rupees 10,000 with one year of service.
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(d) The applicant shall be a post graduate, preferably with specialisation in Human Resources (HR) / Industrial Relation (IR). The applicant should have knowledge of Behavioral Science, Organisation Structural, Material Management and knowledge of the Financial Planning and its control as well as general administration. He should also have experience of working at a senior level in a large organization.