Meta title: MahAGENCO Brochure — Overview of Maharashtra’s leading state power generation utility, its scale, strategy, and sustainability roadmap.

MahAGENCO: Overview of Maharashtra State Power Generation Co. Ltd.

Key Points

• MAHAGENCO operates as Maharashtra’s leading state-generation utility with about 13+ GW of installed capacity, making it the second-largest generator in India after NTPC. Its portfolio includes seven coal-fired plants, a gas-based unit at Uran, the 1,956 MW Koyna hydro project, and 23 small hydro stations, reflecting a diversified mix of thermal, hydro, gas, and solar resources. For the first time, it has begun trading power from its own plants on the Power Exchange, signaling new growth avenues and increased competitiveness.
• Beyond capacity, MAHAGENCO emphasizes sustainability and efficiency: it deploys ash-water recovery systems and effluent treatment plants aligned with international standards; technology advances include supercritical boilers, natural-draft cooling towers, and digital control systems to enhance reliability; the organization is powered by a workforce of over 10,000 skilled professionals driving innovation; it has framed a Vision 2035 Strategic Roadmap targeting 32 GW+ and positioning the company to address future challenges and seize opportunities in the power sector.
• Strategic governance and expansion plans: the board comprises senior officials such as RadhaKrishnan B., Abha Shukla, and Manesh Waghrkar, with its head office in Mumbai. MAHAGENCO contributes around 40% of Maharashtra’s power procurement through MSEDCL. The capacity-addition plan includes approximately 3.54 GW of thermal, about 12 GW of solar, 50 KTPA of green hydrogen production, and around 3.24 GW of pumped-storage development, indicating a broad, forward-looking growth trajectory.

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