Job Description

Odisha Power Transmission Corporation Limited (OPTCL), a State owned Power utility in Odisha is engaged in the business of Transmission of electricity with a vision to emerge as one of the leading power utilities in the country in Transmission space

We are looking for young, promising and energetic aspirants with bright academic records to join the organization (OPTCL and Gridco) as Management Trainees in the disciplines of Finance, HRD, Law, IT, CS & Economist.

Mangeement Trainee Finance - 11 posts

Mangeement Trainee CS - 1 posts

Last Date for online registration - 13th June 2021

• Selected candidates have to undergo training for a period of 1(one) year at various units of OPTCL including Induction-cum-Orientation training at Power Training Centre (PTC), Chandaka. Bhubaneswar. The training period will be for 1(one) year, unless and otherwise extended further. During the training period, the trainees may be terminated without any notice or without assigning any reasons thereof. After successful completion of training, there shall be no obligation on the part of the Corporation to offer regular appointment.
• The selected Management Trainees have to execute a Training & Service Bond on Non-Judicial Stamp paper to serve the Corporation for a period of three years after successful completion of training.
• Candidates selected in OPTCL & Gridco are liable to be posted anywhere in Odisha.

Roles & Responsibilities

as above

Your Skills and experience

Your Experience and qualifications

Essential Qualification

MT - Finance - Degree with passing of the Final examination of the Institute of Chartered Accountants of India/Institute of Cost & Works Accounts of India

MT - CS - Graduate with Company Secretary having Associate Membership of Institute of Company Secretaries of India.

Candidate must not be under 21 (twenty one) years of age and must not be above 32 (thirty two) years as on 01.05.2021 i.e. she / he must not have been born later than 01.05.2000, and not earlier than 01.05.1989

The selection process involves Computer Based Test (CBT) and Personal Interview.

Application Fee s- Rs 500 - Rs 1000

Compensation:

The Management Trainee (MT) shall be paid a consolidated stipend of Rs.24,000/- per month during the period of training. On successful completion of training, the candidates will be appointed as Assistant Manager (E-3) Grade in the respective cadre on probation for one (1) year in the Pay Matrix of Rs. 56,100/- to Rs.1,77,500/- (Level:EE-2) with initial Basic Pay of Rs.56,100/. Besides the Initial Basic Pay, DA, HRA or company accommodation, Medical Allowance, Conveyance Allowance etc. shall be paid as per applicable rules of the Corporation in force from time to time.

Company Details

About Company

Odisha Power Transmission Corp Ltd (OPTCL)

Company Information

ODISHA POWER TRANSMISSION CORPORATION LIMITED (OPTCL), one of the largest Transmission Utility in the country was incorporated in March 2004 under the Companies Act, 1956 as a company wholly owned by the Government of Odisha to undertake the business of transmission and wheeling of electricity in the State. The registered office of the Company is situated at Bhubaneswar, the capital of the State of Odisha. Its projects and field units are spread all over the State.

OPTCL became fully operational with effect from 9th June 2005 consequent upon issue of Odisha Electricity Reform (Transfer of Transmission and Related Activities) Scheme, 2005 under the provisions of Electricity Act, 2003 and the Odisha Reforms Act, 1995 by the State Government for transfer and vesting of transmission related activities of GRIDCO with OPTCL. The Company has been designated as the State Transmission Utility in terms of Section 39 of the Electricity Act, 2003.

Presently the Company is carrying on intra state transmission and wheeling of electricity under a license issued by the Odisha Electricity Regulatory Commission. The Company is also discharging the functions of State Load Despatch Centre. The Company owns Extra High Voltage Transmission system and operates about 14,700 ckt kms of transmission lines at 400 kV, 220 kV, 132 kV levels and 164 nos. of substations with transformation capacity of 22,260 MVA having 366 nos of transformers.

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