Opening - Indian Oil Corporation Ltd

Indian Oil Corporation Ltd. (IndianOil) is the largest commercial enterprise in India
and the leading Indian Company in Fortune’s prestigious ‘Global 500’ listing. It was
adjudged as ‘one of the best employers’ in India by an Outlook Business-
Hewitt Associates study conducted in 2008-09. In its endeavor
to realize the vision of becoming the ‘energy of India and ‘a globally admired
energy company’, IndianOil is looking for bright result – oriented professionals to
join its journey of growth.

Last Date of receiving application On-Line: 13th February 2010
Visit: www.iocl.com

Applications are invited for the position of Engineers/ Graduate Apprentice Engineers
(GAEs) in the following engineering disciplines:

1.  Chemical Engineering (Including Petrochemicals engineering)
2.  Civil Engineering
3.  Electrical Engineering
4.  Instrumentation Engineering (Including Electronics & Instrumentation engineering
    but excluding Electronics & Communication engineering/ Telecommunication
    engineering)
5.  Mechanical Engineering(excluding Production/ Manufacturing/Industrial engineering)
6.  Metallurgical Engineering

Educational Qualification

1.  Candidates should have passed qualifying degree examinations and awarded
   bachelor’s degree in engineering/ technology in the above mentioned disciplines
(full time regular courses only) from recognized Indian Universities / Institutes.
2.  Candidates (belonging to general and OBC category) should have secured minimum
   65% marks in qualifying degree examinations. It is relaxed to ‘pass class’ for
  SC/ST/PH candidates.
3.  Candidates currently in final year of their engineering studies may also apply.
   However, if selected, they must be in a position to submit their final mark
   sheet by 31st July 2010.
4.  Age Limit: Maximum 26 years as on 30th June, 2010 for the general category
    candidates. Age relaxation for OBC (Non Creamy Layer)/SC/ST/PH candidates will
   be applicable as per the Presidential Directive.

Selection, Training and Placement
The selection methodology will comprise of the following:

1.   Graduate Aptitude Test in Engineers (GATE) 2010 score of the candidates in the
    concerned disciplines. The graduate engineers from the relevant disciplines,
    desirous of taking up a career with IndianOil are required to appear in
    GATE-2010 in the same disciplines. The disciplines and corresponding GATE
    papers along with GATE paper codes are given in the brochure attached below.
2.  On the basis of GATE-2010 score, the candidates will be short listed for further
   selection process comprising of: (a) Group Discussion / Group Task (b) Personal
  Interview for assessment of different facets of knowledge, skill, attitude and
  aptitude.
3.  Candidates will have to qualify through each stage of selection process
   successfully before being adjudged as suitable for selection.
4.  Selected candidates shall have all-India transfer liability and may be posted
   to any Division / Unit / Subsidiary Company / Office of the Corporation.
5.  General category candidates will have to execute a bond of Rs.1,00,000
   (Rs.25000/- for SC/ST/OBC & PH candidates) to serve the Corporation for a
   minimum period of three years from the date of joining (date of appointment as
   Engineer in case of GAEs after successful completion of training).

Salary (Renumeration Package)

Engineers/ Officers: Candidates selected as engineers/officers will receive a
provisional starting basic pay of Rs.23000/-per month. In addition, the selected
candidates will receive Dearness Allowance (DA) and other allowances, according to
the rules of the Corporation in force, as amended from time to time.
Other allowances / benefits include HRA / subsidized housing accommodation
(depending upon place of posting), medical facilities, performance related pay,
gratuity, contributory provident fund, employees pension scheme, group personal
accident insurance scheme, leave encashment, leave travel concession (LTC)/ LFA,
contributory superannuation benefit fund scheme, house building advance(HBA),
conveyance advance/ maintenance reimbursement, professional updation allowance,
lap-top computer, children’s education allowance etc. as per rules.
The Cost-to-Company (CTC), in case of a metro city posting, will be around
Rs. 7.60 lakhs per annum inclusive of performance related pay (PRP)

Graduate Apprentice Engineers (GAEs): Candidates selected as GAEs for one-year
apprenticeship training will be paid consolidated stipend @ Rs.20,000/- per month.
Upon successful completion of apprenticeship training, they may be appointed as
engineers in the scale of pay referred above.