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Ministry of Power recruits Member – September 05, 2014

Ministry of Power invites application for the recruitment of Member with Any Graduate holders

Company name :Ministry of Power
Posts :Member
Qualification : Any Graduate
Salary : NA
No of Post : 01
Location :New Delhi
Last date to apply : 29/9/2014

Details of Post :

Member

  1. The Central Electricity Regulatory Commission (CERC) had been set up by the Government of India at New Delhi under the provisions of the Electricity Regulatory Commissions Act, 1998 and is deemed to be constituted under the corresponding provisions of the Electricity Act, 2003 which has repealed the Electricity Regulatory Commission Act, 1998. The Commission consists of the Chairperson and three other Members (and also Chairperson, Central Electricity Authority as ex-officio Member of the Commission). One post of Member, CERC is due to fall vacant on 22.2.2015. It is proposed to fill up the anticipated vacancy.
  2. Appointment to the post of Member, CERC is governed by the relevant provision of the Electricity Act and the Central Electricity Regulatory Commission (Salaries, Allowances and other Conditions of Service of Chairperson and Members) Rules, 2004, and the Central Electricity Regulatory Commission (Salary, allowances and other conditions of service of Chairperson and Members) Amendment Rules 2010, as may be amended from time to time. Presently, a full-time Member of CERC is entitled to a consolidated monthly salary of Rs.3.75 lakh (without house and car).
  3. Section 77(1) of the Electricity Act, inter-alia, states that the Chairperson and the Members of the CERC shall be persons having adequate knowledge of, or experience in, or shown capacity in, dealing with, problems relating to engineering, law, economics, commerce, finance or management. The above anticipated vacancy of Member is required to be filled up from finance field. In terms of section 89 of the Act, the Member shall hold office for a term of five years from the date on which he/ she enters upon his/ her office or till he/ she attains the age of sixty-five years, whichever is earlier. The candidate is required to give a declaration that he/she does not have any financial or other interest, which is likely to affect prejudicially his/her function as Member, CERC.

Relevant extracts of the Electricity Act, 2003 relating to the requirement of qualification, experience, etc. for Member, CERC and copy of Central Electricity Regulatory Commission (Salaries, Allowances and other Conditions of Service of Chairperson and Members) Rules, 2004 and the Central Electricity Regulatory Commission (Salary, allowances and other conditions of service of Chairperson and Members) Amendment Rules 2010, and format of the declaration mentioned in para 3 are available at Ministry’s website www.powermin.nic.in.

HOW TO APPLY :

Applications/ nominations are invited from suitable persons having qualification and experience in the field of finance as prescribed in the Act for appointment as Member, CERC so as to reach the Ministry within six weeks from the date of publication of this circular in the Employment News, addressed to the Director (R&R), Ministry of Power, 2nd Floor (Room No.220A), Shram Shakti Bhavan, Rafi Marg, New Delhi – 11000

Important dates to remember :

Last date to apply : 29/9/2014

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