Maharashtra State Power Generation Company Limited, a active public limited state government company, was established on 31 May 2005 in Mumbai, Maharashtra, India. Engaging in thermal power generation & plants within the electricity, gas, steam and air condition supply sector, it holds CIN: U40100MH2005SGC153648. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹40,000.00 Cr and a paid-up capital of ₹26,304.19 Cr.
It upholds a compliant status. Its leadership includes Abhay Arun Harne (Whole-Time Director), Sanjay Manoharrao Marudkar (Whole-Time Director), Abha Shukla (Director). Past directors included Aseem Kumar Surendrakumar Gupta, Sitaram Kunte, Shyamsunder Daulatrao Wardhane. It holds ₹77,621.96 Cr open charges and ₹15,775.71 Cr settled loans. Its latest AGM occurred on 20 September 2024, with the balance sheet filed on 31 March 2024. It is based at Prakashgad Plot No G-9Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, 400051.
U40100MH2005SGC153648
153648
31 May 2005
₹40,000.00 Cr
₹26,304.19 Cr
Roc Mumbai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Abhay Arun Harne | Whole-Time Director | 20 Jun 2023 | Current |
| Sanjay Manoharrao Marudkar | Whole-Time Director | 29 Jun 2022 | Current |
| Abha Shukla | Director | 21 Nov 2022 | Current |
| Radhakrishnan Balasubramanian | Managing Director | 26 Dec 2024 | Current |
| Manesh Vishwanath Waghirkar | Whole-Time Director | 09 Jul 2025 | Current |
| Vishwas Vasant Pathak | Director | 01 Sep 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 29 Jan 2021 | Past |
| Pramod Abcsdd | Additional Director | 18 Nov 2011 | Past |
| Pramod Abcsdd | Director | 12 Nov 2018 | Past |
| Pramod Abcsdd | Additional Director | 28 Aug 2016 | Past |
| Pramod Abcsdd | Whole-Time Director | 07 Feb 2023 | Past |
| Pramod Abcsdd | Director | 21 Feb 2007 | Past |
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Maharashtra State Power Generation Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 41.71% increase. The company also saw a substantial improvement in profitability, with a 51.59% increase in profit. The company's net worth dipped by a decrease of 4.07%.
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In 2023, Maharashtra State Power Generation Company had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹776,219,608,000.00
₹157,757,100,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2025 | Others | ₹1,558.42 Cr | Open |
| 30 Jun 2025 | Others | ₹500.00 Cr | Open |
| 30 Jun 2025 | Others | ₹449.00 Cr | Open |
| 25 Jun 2025 | Indian Bank | ₹4,665.00 Cr | Open |
| 23 Jun 2025 | Others | ₹2,048.80 Cr | Open |
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A charge with Indian Bank of Rs. 6,665.00 Cr registered on 28 Sep 2012 with Charge ID 10381072 was modified on 24 Sep 2025. was recorded as a recent event.
The activity A charge registered on 09 Sep 2022 via Charge ID 100610315 with Others was fully satisfied on 23 Sep 2025. was completed.
A charge with Indian Bank of Rs. 4,665.00 Cr registered on 25 Jun 2025 with Charge ID 101115779 was modified on 22 Sep 2025. was recorded as a recent event.
The activity A charge with Others of Rs. 4,238.68 Cr registered on 25 Mar 2025 with Charge ID 101084862 was modified on 22 Sep 2025. was completed.
Vishwas Vasant Pathak was appointed as a Director was appointed as a Director on 01 Sep 2025 & has been associated with this company since 3 months 6 days . was recorded as a recent event.
Progress on Manesh Vishwanath Waghirkar was appointed as a Cfo was appointed as a Cfo on 11 Aug 2025 & has been associated with this company since 3 months 27 days . was documented.
BJP MLA Ashish Shelar claims the two power discoms operating in Mumbai deliberately raised capital costs to show losses and hike tariff to recover costs.
The CIN of Maharashtra State Power Generation Company Limited is U40100MH2005SGC153648.
Maharashtra State Power Generation Company Limited is headquartered at Prakashgad Plot No G-9Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, 400051.
Maharashtra State Power Generation Company Limited was incorporated on 31 May 2005.
The current directors of Maharashtra State Power Generation Company Limited are
The primary industry of Maharashtra State Power Generation Company Limited is Electricity, Gas, Steam And Air Condition Supply.
Maharashtra State Power Generation Company Limited is unlisted.
The authorized capital of Maharashtra State Power Generation Company Limited is ₹40,000.00 Cr, and the paid-up capital is ₹26,304.19 Cr.
The compliance status of Maharashtra State Power Generation Company Limited is Compliant.
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