Welcome to the comprehensive job description for the position of Chief Asset Monetisation Officer at Mumbai Port Authority (MbPA). This document provides detailed information regarding eligibility criteria, application procedure, salary structure, important dates, and other essential details to assist qualified candidates in understanding the role and applying effectively.
Chief Asset Monetisation Officer at Mumbai Port Authority (MbPA) – Job Overview
The Mumbai Port Authority has announced a prestigious opportunity for experienced professionals in the civil engineering and port sector. The recruitment is for a single (1) position of Chief Asset Monetisation Officer on a contractual basis. This role offers an excellent remuneration package and an opportunity to contribute to the development and monetization of port assets.
Key Highlights of the Recruitment
| Parameter | Details |
|---|---|
| Company Name | Mumbai Port Authority (MbPA) |
| Post Name | Chief Asset Monetisation Officer |
| Number of Posts | 01 |
| Advertisement Number | HR-01/2026 |
| Salary | Rs.1,00,000/- per month |
| Additional Allowances | Transport Allowance @ Rs.25,000/- and Business Development Allowance Rs.45,000/- per month |
| Age Limit | Maximum 65 years (relaxation as per rules) |
| Application Last Date | 27th February 2026 |
| Official Website | www.mumbaiport.gov.in |
| Notification Date | 28th January 2026 |
Eligibility Criteria
Educational Qualifications
The candidate must possess a Bachelor’s Degree (B.E. or B. Tech.) in Civil Engineering from a recognized university. This educational qualification is mandatory to be eligible for this position.
Experience Requirements
The applicant should have a cumulative professional experience of at least 30 years in relevant fields. Preferably, the candidate should have extensive experience in the port sector, with a focus on civil engineering projects, tenders, land lease matters, and land monetization. Demonstrated executive experience in managing large-scale projects will be advantageous.
Age Limit
The maximum age limit as on 1st January 2026 is 65 years. Age relaxations may be considered for deserving candidates based on experience and credentials.
Remuneration and Allowances
Salary Structure
The comprehensive monthly remuneration package includes:
- Consolidated salary: Rs.1,00,000/-
- Transport allowance: Rs.25,000/- (may be waived if the appointee uses a personal vehicle for official duties)
- Business Development Allowance: Rs.45,000/-
Additional Notes on Salary
| Scenario | Details |
|---|---|
| Retired Port/Government Officers/Employees engaged as Advisors | Remuneration will not exceed last pay minus pension, excluding allowances. |
| Extension in engagement | An annual increment of 5% on the consolidated remuneration will be granted. |
Selection Process
The selection process for this position will involve the following steps:
- Shortlisting based on experience and qualifications
- Personal interview conducted by the Mumbai Port Authority
The decision of the Mumbai Port Authority regarding the shortlisting and selection process shall be final and binding. No correspondence related to the selection process will be entertained.
Important Dates
| Date | Description |
|---|---|
| 28 January 2026 | Notification Release Date |
| 27 February 2026 | Last Date for Submission of Applications |
Application Procedure
Interested candidates must follow the prescribed application process to ensure their candidature is considered:
Step-by-Step Instructions
- Download the application form (Annexure – II) from the official website of Mumbai Port Authority: www.mumbaiport.gov.in
- Fill out the application form carefully with accurate details and declare the required information.
- Attach self-attested copies of documents verifying age, educational qualification, and experience.
- Ensure the application form and documents are complete and correct to avoid rejection.
- Super scribe the envelope as “Application for engagement of Chief Asset Monetisation Officer on contract basis”.
- Send the application package to the following address before the last date:
Application Address:
The Manager (HR),
Mumbai Port Authority, HR Division,
Port House, 2nd Floor,
Shoorji Vallabhdas Marg,
Ballard Estate, Mumbai – 400001
Important Instructions and Notes
- Candidates must submit self-attested copies of their certificates for age, qualification, and experience along with the application.
- Original certificates must be produced at the time of interview for verification.
- Candidates serving in government, semi-government, public sector undertakings, or autonomous bodies should submit a “No Objection Certificate” (NOC) from their current employer.
- Selected candidates must submit an unconditional discharge/relieving letter from their current employer at the time of joining.
- All engagements will be subject to medical fitness and compliance with Mumbai Port Authority’s service and contract rules.
- There is no provision for TA/DA for attending the selection process.
- Legal disputes, if any, shall be subject to the jurisdiction of courts in Mumbai.
Additional Resources
The official notification PDF provides complete details about the recruitment and can be accessed here: Official Notification PDF.
Contact and Support
For further assistance or inquiries, candidates are advised to visit the official Mumbai Port Authority website and refer to the relevant sections under ‘Jobs & Recruitment’.
Summary
This is an excellent opportunity for senior professionals with extensive civil engineering experience to join Mumbai Port Authority in a senior managerial role focused on asset monetization. The position offers a competitive salary, allowances, and the chance to influence the port’s asset development strategy.
Ensure you adhere to the application deadline (27th February 2026), prepare all required documents, and follow the application instructions carefully. Good luck with your application!