REC limited is a Maharatna Public Sector Enterprise and a well acclaimed Non-Banking Financial Company endowed with ‘Infrastructure Finance’ Company status. Domestically, REC holds the highest credit rating from CRISIL, ICRA, IRRPL & CARE and internationally rated at par with the sovereign ratings. Our company has a pan India presence and is one of the major players in providing financial assistance to all segments in the power sector including Generation, Transmission & Distribution and we are now foraying into infrastructure finance segment in addition to our conventional business. We also have a significant role in the Government of India’s plans for the growth of the Indian power sector. The Company clocked excellent financial performance over the years and has recorded its all-time highest quarterly profit in quarter 3 of the current financial year.
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Eligibility Criteria
4. Nationality: Only Indian Nationals are eligible to apply.
5. Educational Qualifications: The requirements regarding essential educational qualification for different posts are given in Table above. All qualifications should be from Universities/ Institutions recognized and approved in India by UGC/ AICTE/ Appropriate Statutory Authority (ies). Equivalence of qualification shall be decided at the discretion of REC Management. a) Fraction of percentage in educational qualification will be ignored and will not be rounded off to the next higher integer i.e. 59.9% will be treated as less than 60%. b) Wherever CGPA/OGPA/DGPA or Letter Grade in a degree / diploma is awarded, its equivalent percentage of marks must be indicated in the application form as per norms adopted by University/ Institute. The applicant shall also submit the conversion formula for deriving CGPA to percentage equivalence issued by the concerned University/ Institution, failing which the application is liable to be rejected. 6. Work Experience: For being eligible for selection, the candidate must have experience as specified above. For posts indicated at Sl. No.1 to 22 and 25, out of the total number of years of experience requirement given above, minimum one year experience in the immediate lower cadre post and pay scale to the post for which application is made is essential for those working in Government organisations/PSEs/ Public Sector Banks etc in CDA/IDA/ other applicable pay scales. Only those applicants holding the post in the requisite lower pay scale in substantive capacity i.e. other than time scale, in situ basis, etc. will be considered eligible; Similarly, those working in the private sector should have worked for at least one year in the post with CTC of at least the amount mentioned above. For those on deputation, grade/rank/pay scale in parent department will be the reference point for the purpose of immediate lower post experience. 7. Teaching experience, period of sabbatical, Extra-ordinary leave will not be counted towards work experience for the purpose of eligibility and while applying for the posts, candidates must ensure that they are not including such period as experience. For candidates having experience in more than one organization, any gap period of upto 15 days between date of relieving from one organization and date of joining the other organization shall be counted as experience.