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Chief (Economics ) post for CERC, New Delhi

Written By Ajit Kumar on Friday, May 23, 2014 | 5:20 AM

Ground Floor, Chanderlok Building,
36, Janpath, New Delhi - 110 001
Website : www.cercind.gov.in
 No.2/2(7)/2013 -Estt. /CERC Dated, the 1st May, 2014
  Central Electricity Regulatory Commission (CERC), statutory body invites applications for
the post of the Chief(Economics) to be filled up by deputation on foreign service terms/ short-term
contract basis from the officials of Central/State Governments, Public Sector Undertakings,
Autonomous Bodies etc.

 2. The details of post, scale of pay, required qualifications/qualifying service and experience
etc. are given below:-
Name of the post : Chief (Economics)
Pay Band with Grade Pay  Scale of pay 180400-500-22400 Revised Scale PB-4. Rs.37400-67000 plus 10000/- Grade Pay
No. of Posts  : 01
Minimum Educational Qualification : Ph.D.in Economics
Nature of Experience : Application of regulatory economics, demand forecasting and modeling.
Qualifying Service : Qualifying Service :- Officers:
(i) Holding analogous post on regular basis; or
(ii) With 2 years regular service in the scale of `16,400-450-20,000) (pre- revised) Revised scale PB-4: `37,400-67,000 + GP `8,900) or equivalent; or
(iii) With 3 years regular service in the scale of `14,300-400-18,300 (Pre- revised) Revised scale PB-4: `37,400-67,000 +GP `8,700) or equivalent.

3. The general terms and conditions are as under:-

i) Apart from basic pay and grade pay, the post carries dearness allowance, HRA,
Transport Allowance etc. at the rates applicable to Central Government officials from time
to time.

ii) Fixation of pay/deputation (duty) allowance shall be governed by the instructions issued
by Department of Personnel and Training from time to time.

iii) Maximum age limit is 56 years on the last date of receipt of applications.

iv) The facility of retention or allotment of Government Accommodation is available at
present. Moreover if, opted, as per CERC (Leased Accommodation) Regulations, 2007,
Leased accommodation for lease rental up to 60% of Basic pay and Grade pay can be
permissible subject to the conditions laid down therein.

v) The above mentioned post is exempted from the principle of immediate absorption.
vi ) Medical re-imbursement through Authorized Medical Attendants is admissible as per the
CERC (Indoor/Outdoor Medical facilities) Regulations, 2005, if, opted. This is in lieu of the
CGHS benefits for those who choose to opt the CERC Regulations.

vii) The normal period of deputation on foreign service terms is five years as per the CERC
(Recruitment, Control and service conditions of staff) Regulations, 2007

viii) Officials appointed to CERC shall be governed by the terms and conditions of DOP&T
O.M. No. 6/8/2009-Estt (Pay-II) dated 17th
 June, 2010 read with Central Electricity
Regulatory Commission (Recruitment, Control and Service Conditions of Staff)
Regulations, 2007 as amended from time to time.

ix) CERC reserves the right to keep the post unfilled depending on the circumstances
prevailing at the time of selection.

x) Copy of all the regulations mentioned above are available in the CERC’s website.

xi) Mere fulfilling eligibility criteria shall not bestow any right to be called for interaction. Only
short- listed candidates shall be called for an interaction.

xii) Relaxation in essential qualifications / experience can be considered by the Competent
Authority in deserving cases.

xiii) OBCs/SCs/STs candidates would be given preference while all other conditions are
4. The Chief of Economics is a senior level position in the Commission and is expected to play an
important role in the context of the challenging role of the CERC in the power sector and development of the
power market. The Commission is looking for a suitable candidate who is equipped with skill sets pertaining
also to financial/infrastructure market operations apart from basic economic dimensions of power sector
regulations. Applications in the prescribed format as given in Annexure-I, duly completed and signed,
along with attested photocopy of all relevant documents in support of age, educational qualifications,
experience, caste etc. may be forwarded to the P.Ramamoorthy, Assistant Secretary (P&A), Central
Electricity Regulatory Commission, Ground Floor, Chanderlok Building, 36, Janpath, New Delhi -
110001 by 15th  June, 2014.
5. The applications should be routed through proper channel and the applications which are not in
prescribed format shall not be accepted. The sponsoring authorities are requested to forward the
applications of eligible and interested candidates after verifying the service records and also whose services
can be spared immediately in the event of their selection. While forwarding applications, attested copies of
last five years Annual Confidential Reports /Annual Performance Appraisal Reports and updated vigilance

clearance certificate of the candidates should be enclosed

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