The Public Enterprises Selection Board (PESB) has invited applications for the post of Director (Commercial), Power Finance Corporation (PFC) Limited, a Maharatna CPSE under the Ministry of Power. The notification was released on Friday (August 1, 2025), with August 28, 2025, set as the last date to apply. Eligible candidates from both the public and private sectors can submit their applications via the PESB portal before the deadline.
The post will fall vacant upon the retirement of incumbent Director (Commercial) Manoj Sharma on March 31, 2026. Sharma has been holding the position since August 26, 2022, after being selected by the PESB from a panel of eight candidates and subsequently approved by the Appointments Committee of the Cabinet (ACC).
PFC Limited, incorporated in 1986, is a non-banking financial company (NBFC) that plays a vital role in financing India’s power sector projects and related infrastructure. It is pivotal in supporting the country’s energy development and electrification initiatives.
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