Chairman & Managing Director – MCL
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:
Mahanadi Coalfields Limited is seeking a visionary leader for the position of Chairman & Managing Director to oversee its extensive coal production operations in Odisha. This high-profile recruitment 2026 offers a prestigious monthly pay scale of ₹1,80,000–₹3,20,000 (IDA) for a single vacancy. Eligible candidates must be Engineering Graduates, Chartered Accountants, or hold an MBA/PGDIM from a recognized institute. This role provides a unique opportunity to lead a Schedule B CPSE with a significant impact on India's energy sector and corporate governance.
- The maximum age limit is set based on a superannuation age of 60 years, requiring at least 2 to 3 years of residual service.
- Candidates must possess at least 5 years of cumulative experience in Finance, Production, or Operations within a large organization.
- The selection process involves a high-level interview conducted by the Public Enterprises Selection Board (PESB).
- The appointment is for a fixed term of five years from the date of joining or until the date of superannuation.
- Applications must be submitted online through the PESB portal by the deadline of June 4, 2026.
applyforgovt.com is an independent informational platform and is not affiliated with any government organization, PSU, ministry, department, or recruiting authority. Verify details on the official website before applying.
Additional Salary Information
Rs. 180000 – 320000 (IDA) Scale of Pay plus applicable allowances as per Schedule B CPSE norms.
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
As this is a single Board-level position, standard Government of India reservation quotas for SC/ST/OBC do not apply to this specific post.
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 Chairman & Managing Director at Mahanadi Coalfields Limited receives a monthly pay scale of ₹1,80,000–₹3,20,000 in the IDA pattern.
Applicants should be an Engineering Graduate, Chartered Accountant, Cost Accountant, or hold a Post Graduate degree/MBA/PGDIM from a recognized institute.
The minimum age is 45 years, and candidates must have at least 2 years (internal) or 3 years (others) of residual service before the superannuation age of 60.
