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Wholly owned subsidiary of Maharashtra State Electricity Board (MSEB) From Wikipedia, the free encyclopedia
The Mahanirmiti or Mahagenco (Maharashtra State Power Generation plants Limited - MSPGCL) formerly known as MSEB (Maharashtra State Electricity Board) is a major power generating plants in the state of Maharashtra, India and a wholly owned subsidiary of Maharashtra State Electricity Board .[1] With a total generation of 14,400 MW, it is the largest power producing plants in India controlled by state government.[2] The power generated by Mahagenco is supplied to Maharashtra. It was a part of Maharashtra State Electricity Board until 6 June 2005.[3]
Company type | subsidiary of Maharashtra State Electricity Board |
---|---|
Industry | Electricity Generation |
Founded | 6 June 2005 (As MSEB was trifurcated) |
Headquarters | Bandra, Mumbai, India |
Area served | Maharashtra |
Key people | Shri Devendra Fadnavis, Minister of Energy, Chairman Dr. P. Anbalagan , IAS Managing Director |
Products | Electricity |
Revenue | Approx ₹7,400 crore |
Number of employees | 15,000 |
Parent | Maharashtra State Electricity Board |
Website | Official Website |
It has been incorporated under Indian Companies Act 1956 pursuant to decision of government of Maharashtra to reorganise erstwhile history of Maharashtra State Electricity Board. Mahagenco has been incorporated in June 2005.[3]
Mahagenco has the highest overall generation capacity and the highest thermal installed capacity amongst all the state power generation utilities in India. In terms of installed capacity, it is the second highest generation company after National Thermal Power Corporation Limited.[4] Mahagenco is the only state utility having a very well-balanced generation portfolio involving thermal, hydro and gas stations along with solar power plant.[according to whom?] The first 500 MW plant to be installed in any state utility belongs to Maharashtra.
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