Neyveli Lignite Corporation Limited (NLC) – Apply Online link enabled for Graduate Executive Trainee posts

Neyveli Lignite Corporation Limited (NLC) hiring B.Tech/B.E holders for Graduate  Executive Trainee role

Company name : NLC
Posts : Graduate  Executive Trainee
Qualification : B.Tech/B.E
Salary : Rs. 7.85 Lakhs CTC per annum
Location : Tamilnadu
Last date to apply : 20.01.2014 

Details of Post :

Graduate  Executive Trainee

Neyveli Lignite Corporation Limited (NLC), a premier ‘Navratna’ Public Sector Enterprise
with a present Annual Turnover of ` 5590 Crores (approx.) is spreading its wings in the
frontiers of Mining and Power generation. The corporate plan of the company has many
 ambitious expansion schemes for capacity augmentation in the years to come. To add to
 its strength and fuel its growth, the company is looking for young, dynamic & result oriented
talents for the post of Graduate Executive Trainee for its units and facilities located in
 various parts of the country (and abroad in future) through GATE 2014.

Educational Qualification : Degree in Engineering (or) AMIE

Candidates with Degree in Electrical & Communication Engineering will have to appear
for GATE- 2014 paper in EC code only although it is combined in Electrical Discipline as
per NLC’s requirement. Other than the above disciplines or combination degrees are not
 eligible.

Candidates should have passed qualifying degree in the above disciplines with 60% of
marks for General & OBC and 50% for SC/ST.

Final year students may also apply however they should have obtained the Engineering
Degree with the prescribed percentage of marks indicated above. In case of selection,
they will have to submit their final mark sheet / provisional certificate by 31st August 2014.

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UPPER AGE LIMIT : Should not have completed 30 years as on 01.12.2013.

METHOD OF SELECTION : Eligible candidates will have to appear for GATE-2014.
 Candidates will be shortlisted based on Actual GATE-2014 Marks only (out of 100) for
Group Discussion/Personal Interview. The list of candidates short listed for Group
Discussion/Personal Interview will be available in our website www.nlcindia.com and also
 communicated to the candidates through e-mail.

COMPENSATION PACKAGE AND OTHER BENEFITS : Selected candidates will be
offered attractive compensation package, approx ` 6.15 Lakhs CTC per annum,
(which may be revised) and they will be on training for a period of minimum one year
(extendable). During the training period the GETs will be paid Basic Pay, Dearness
Allowance (presently 78.9 % of basic pay) and Common Allowance (40% of basic pay)
per month. In addition to the above, they will be paid Performance Related Pay annually
and entitled for superannuation benefit (30% of basic pay + Dearness Allowance), free
Medical treatment for self and dependents; House Building Advance; Group Insurance; etc.
 as per rules. Eligible residential accommodation (unfurnished) will be provided depending
 on the place of posting at nominal rent.

PLACE OF POSTING : Selected candidates joining as GET in NLC are required to undergo
 training / work in any Unit / Area / Place situated in India and Abroad under the control of
  Neyveli Lignite Corporation Limited or in any Joint Venture / Associate / Subsidiary company
 of Neyveli Lignite Corporation Limited, to which they may be posted.

SERVICE & AGREEMENT BOND : Selected candidates while joining the post of Graduate
 Executive Trainee will be required to execute a Service Agreement Bond for a total value of
`1,00,000/- to serve the Corporation for a minimum period of three years after completion of
 training.

Mode of Payment of Application Fee: Payment of application fee could be made at any
State Bank of India Branches (having core banking facility) using the Challan Form available
 on the Application Registration Portal. The Bank Challan printed from the portal only should
 be used for depositing the fee for proper crediting of amount in the allocated account. On
 receipt of the fee the concerned branch of SBI will issue a Unique Journal Number and a
 Branch Code of the branch collecting the fee. This journal Number and the Branch Code
 are to be filled up by the candidate during online registration. In case the candidate
deposits the fee in a wrong account, NLC will not be responsible. Also please note that an
 amount of Rs.25/- will be paid by the candidate as Bank Charges to the collection branch
of SBI in addition to the applicable application fee. Any further mode of payment will be
 updated in due course.

Important dates to remember :

Last date to apply : 20.01.2014