Chairman & Managing Director Recruitment at Mahanadi Coalfields Limited 2026
Quick Info
- Vacancies
- Vacancies: 1
- Employment Type
- Employment Type: Full Time
- Pay Scale
- Pay Scale: ₹180,000 - ₹320,000 per month
- Qualification
- Qualification: Engineering Graduate, Chartered Accountant, Cost Accountant, or Graduate with MBA/PGDIM from a recognized institute.
- Experience Required
- Experience Required: Minimum 5 years of cumulative experience during the last 10 years in Finance, Business Development, Production, Operations, Marketing, or Project Management in a large organization.
- Age Limit
- Age Limit: Between 45 to 60 years
- Application Mode
- Application Mode: Hybrid Application
- Deadline
- Deadline:
Vacancies under this Notification
This list may not include all posts.
Mahanadi Coalfields Limited (MCL), a premier subsidiary of Coal India Limited, is seeking a visionary leader for the position of Chairman & Managing Director. As the Chief Executive, the appointee will be responsible for the efficient functioning of the company and achieving corporate objectives across its extensive underground and opencast mining operations. This high-level recruitment is open to experienced professionals from CPSEs, Central Government Group 'A' services, and large private sector organizations. Eligible candidates must possess an Engineering degree, CA, or MBA with significant leadership experience in large-scale industrial management.
- The position is a Schedule B post with a pay scale of ₹1,80,000 – ₹3,20,000 (IDA).
- Applicants must be at least 45 years of age as on the date of vacancy occurrence.
- The appointment is for a tenure of five years or until the date of superannuation, whichever is earlier.
- Candidates from the private sector must be from companies with an annual turnover of at least ₹1,000 crore.
- The selection process involves immediate absorption for Central Government and Armed Forces officers.
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Additional Salary Information
Scale of Pay: Rs. 180000 – 320000 (IDA)
Important Dates
Selection Process
Shortlisting of candidates based on eligibility and experience.
Personal Interview by the Public Enterprises Selection Board (PESB).
Vigilance clearance and final approval by the Appointments Committee of the Cabinet (ACC).
Application Fees
No application fee mentioned in the official notification.
Reservation
Reservation norms follow Government of India guidelines for Board-level appointments in CPSEs.
How to Apply
- Visit the official PESB website and navigate to the login portal.
- Fill out the application form online against the specific Job Description for MCL CMD.
- Submit the application online before the deadline of 04 June 2026.
- For offline submission, take a printout of the submitted online application.
- Forward the printed application through the proper channel (Cadre Controlling Authority/Administrative Ministry).
- Private sector applicants must submit annual reports of the last three financial years and proof of Board-level experience.
- Ensure the application reaches the Secretary, PESB, New Delhi within the stipulated timeline.
Frequently Asked Questions
The minimum age is 45 years. Internal candidates must have at least 2 years of residual service, while others must have 3 years of residual service before superannuation.
Yes, candidates from private sector companies or JVs with an annual turnover of ₹1,000 crore or more who are working at Board level positions are eligible.
The last date for online submission by the applicant is 04 June 2026 by 03:00 PM.
