PSU

About PSUs

A state-owned enterprise in India is called a Public sector undertaking (PSU) or a public sector enterprise. These companies are owned by the union government of India, or one of the many state or territorial governments, or both. The company stock needs to be majority-owned by the government to be a PSU. PSUs may be classified as Central Public Sector Enterprises (CPSEs), public sector banks (PSBs) or State Level Public Enterprises (SLPEs). As on 30 September 2015 there are 7 Maharatnas, 17 Navratnas and 73 Miniratnas.[12] There are nearly 300 CPSEs in total.

Public Sector Undertakings (PSUs)are government undertaking companies. These provide secure future and good money as these are less affected by the current recession. This sector provides a career for both technical and non-technical personnel.
The students from technical background can apply in technical service providing companies, i.e. BSNL, MTNL, SAIL, NHAI, NTPC, BHEL, ONGC, HPCL, IOCL, BPCL and many more. There are 252 PSUs in India. These PSUs recruit thousands of diploma and degree holding personnel in technical field. All these companies have their own recruiting procedures.
Some of these companies have competitive type examinations and others have technical written and interview rounds.

Maharatna PSU’s:

Maharatna is the status given to top public sector enterprises where the companies have the authority to make foreign investments of upto Rs 5,000 crores without taking any Government approval. To be qualified as Maharatna, the company should gain an annual net profit of over Rs. 5,000 crores, net worth of Rs. 15,000 crores and turnover of Rs. 25,000 crores over past three consecutive years. At present the companies which have Maharatna status are: SAIL, ONGC, NTPC, CIL and IOCL.

Navratna PSU’s:

Navratna status is conferred to the companies by the Department of Public Enterprises. To be qualified as a Navratna, the company must obtain a score of 60 out of 100. The score is based on six parameters which include net profit to net worth, total manpower cost to total cost of production or cost of services, PBDIT (Profit before depreciation, interest and taxes) to capital employed, PBDIT to turnover, EPS (Earning per Share) and inter-sectoral performance. Additionally, a company must first be a Miniratna and have four independent directors on its board before it can be made a Navratna. The Navratna status gives privileges to enhance financial and operational autonomy and empowers to invest up to Rs. 1000 crores or 15% of their net worth on a single project without seeking Government approval. In a year, these companies can spend up to 30% of their net worth not exceeding Rs. 1000 crores. They will also have the freedom to enter joint ventures, form alliances and float subsidiaries abroad.

PSU’s Eligibility Criteria

S.No

PSUs

Branches

Eligible

Exam

Pattern

ELIGIBILITY CRITERIA

Salary Structure (P.M.)

AGE

B.teh/ BE Percentage

GEN

OBC

SC/ST

GEN

OBC

SC/ST

1

BPCL

ME, IN ,CH

GATE+GD+PI

`23,000 – `46,500

25

28

30

60

60

50

2

ONGC

ECE, ME, PE,CE,

EE,IN,CS,CH

GATE+GD+PI

`24,900 – `50,500

28/30

31/33

33/35

60

60

60

3

MDL

ME,EE

GATE+GD+PI

`24,900 – `50,500

26

29

31

60

60

60

4

GAIL

ECE,ME,EE,IN,CS,CH

GATE+GD+PI

`24,900 – `50,500

28

31

33

65

65

60

5

IOCL

ECE,ME,CS,CE,EE,IN

GATE+GD+PI

`24,900 – `50,500

26

29

31

65

65

55

6

OIL

ME

GATE+GD+PI

`24,900 – `50,500

27

30

33

65

65

65

7

PGCIL

ECE,CE,CS,EE

GATE+GD+PI

`24,900 – `50,500

28

31

33

65

60

65

8

HPCL

ECE,ME,CE,EE,IN,CH

GATE+GD+PI

`24,900 – `50,500

25

28

30

60

60

50

9

NLC

ECE,ME,EE,CE,IN, CS

GATE+GD+PI

`24,900 – `50,500

30

33

35

60

65

50

10

NTPC

ECE,ME,CE,EE,IN,CS

GATE+GD+PI

`24,900 – `50,500

27

30

33

65

65

65

11

WBSEDCL

EE

GATE+GD+PI

`24,900 – `50,500

27

30

33

65

65

55

12

NBCC

CE

GATE+GD+PI

`24,900 – `50,500

29

32

35

60

60

60

13

CEL

ME,ECE,EE

GATE+GD+PI

`24,900 – `50,500

27

30

32

65

65

65

14

BHEL

ECE,ME,EE,MT

GATE+GD+PI

`24,900 – `50,500

27

30

32

60

60

55

15

PSPCL

EE

GATE+GD+PI

`24,900 – `50,500

37

40

42

60

60

60

16

NFL

ME,EE,IN,CH

GATE+GD+PI

`24,900 – `50,500

27

30

35

60

60

50

17

Cabinet Secretariat

CS,CE

GATE+GD+PI

`24,900 – `50,500

35

38

40

60

60

50

18

HAL

ECE,ME,CE,IN,EE,CS

GATE+GD+PI

`24,900 – `50,500

37

40

42

60

60

60

19

NHPC

ME,CE,EE

GATE+ PI

`24,900 – `50,500

30

33

35

60

60

50

20

BBNL

ECE,ME,CE,EE,CS

Written Test + GD +PI

`24,900 – `50,500

28

31

33

60

60

50

21

BSNL JTO

ECE,ME,CE,EE,CS

Written Test + GD +PI

`24,900 – `50,500

28

31

33

60

60

50

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