MAHARASHTRA STATE POWER GENERATION COMPANY LTD. (MAHAGENCO) is a major state-owned power generation company with a workforce exceeding 11,000. Committed to growth and innovation, MAHAGENCO is actively seeking high-caliber individuals to fill key leadership and managerial positions in its Finance & Accounts division.
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Maharashtra State Power Generation Company Limited
PermanentMar. 20, 2026
MAHAGENCO Recruitment 2026: Apply for 21 General Manager, Assistant Manager & Other Posts
Vacancies
21 Posts
Pay Scale
Pay Group I & II, ranging from Rs. 54,505 to Rs. 2,56,755
Age Limit
Max 48 years (General Category), 57 years (MAHAGENCO Employees) as on 20-03-2026
Job Location
Important Dates
Published
Feb. 20, 2026
2
Starts
Feb. 20, 2026
3
Deadline
Mar. 20, 2026
4
Exam Date
TBA
MS
Maharashtra State Power Generation Company Limited
Job Analysis
AI-generated insights
Best-Fit Profile
This recruitment is ideally suited for highly experienced financial professionals, specifically Chartered Accountants (CA), Cost & Management Accountants (ICWA), or those with MBA (Finance)/M.Com qualifications. Candidates should possess significant post-qualification experience in finance, accounts, or audit, with a proven track record in managerial or leadership capacities. Individuals seeking stable, impactful roles within a prominent state-owned public sector undertaking in Maharashtra will find these positions particularly appealing. Knowledge of Marathi language is also beneficial.
Important Considerations
Prospective applicants must meet stringent post-qualification experience requirements, which range from 1 to 10 years, including specific leadership tenure for higher posts. Those lacking the exact educational qualifications (CA/ICWA/MBA/M.Com) or the mandated years of relevant experience, especially at the specified responsibility levels, should not apply. Applicants under reserved categories must ensure they possess all valid and current certificates (caste, non-creamy layer, domicile) by the application deadline.
Career Impact
MAHAGENCO is a crucial state government enterprise responsible for power generation in Maharashtra, offering considerable institutional prestige and job security characteristic of the public sector. These senior and mid-level management roles in Finance & Accounts are critical to the company's operations, providing extensive responsibility and opportunities for strategic impact. Career progression within MAHAGENCO can be substantial, with roles offering significant leadership development and long-term stability in a vital infrastructure industry.
Note: This is a helpful, AI-generated overview designed to save you time. Always refer to the official PDF notification for complete and final details.
About Maharashtra State Power Generation Company Limited
Job Posts
General Manager (F&A)Asst. General Manager (F&A)Sr. Manager (F&A)Manager (F&A)Dy. Manager (F&A)
Eligibility Criteria
Educational Qualification
- For General Manager (F&A), Asst. General Manager (F&A), Sr. Manager (F&A), Manager (F&A): Candidates must be CA / ICWA final passed.
- For Dy. Manager (F&A): Candidates must be Inter CA / ICWA final passed OR possess an MBA (Finance) / M.Com.
Age Limit Details
- Upper age limit is relaxed by 5 years for candidates applying against EWS & Reserved Category posts.
- The upper age limit for departmental employees working in MAHAGENCO is up to 57 years.
- For candidates applying under Persons with Disability, the upper age relaxation is 45 years.
- Age will be considered as on 20.03.2026 based on SSC/School leaving certificate.
Salary & Pay Scale
| Post Code | Post Name | Pay Scale (Rs.) |
|---|---|---|
| HR01 | General Manager (F&A) | 124995-5490-256755 |
| HR02 | Asst. General Manager (F&A) | 102890-4250-124140-4740-228420 |
| HR03 | Sr. Manager (F&A) | 97220-3745-115945-4250-209445 |
| HR04 | Manager (F&A) | 73580-2995-88555-3250-166555 |
| HR05 | Dy. Manager (F&A) | 54505-2580-67405-2715-142050 |
Vacancy Breakdown (Category-wise)
- SC4
- ST5
- VJ-A2
- NT-B1
- NT-C2
- SEBC1
- EWS2
- OPEN5
- Woman Reservation (Horizontal)2
Total Vacancies21 Posts
How to Apply
- Candidates must apply through the Online application form provided on the official website.
- Applicants are required to have a valid personal email ID and mobile number, which must be kept active throughout the recruitment process.
- For Post Codes HR01, HR02, and HR03, candidates must, after successful online registration and final submission, forward a hard copy of the Application Form along with all necessary documents. This hard copy must reach the following address on or before 20.03.2026: "Deputy General Manager (HR-RC), Maharashtra State Power Generation Co. Ltd., Estrella Batteries Expansion Compound, Ground Floor, Labour Camp, Dharavi Road, Matunga, Mumbai - 400019".
- The Post Code & Post Name must be clearly mentioned on the envelope for hard copy submissions.
- Departmental employees of MSPGCL are not required to submit their applications through proper channels.
- Candidates should ensure their name, father's/husband's name, caste, etc., are spelt correctly in the application form as they appear in official certificates/mark sheets.
Application Fee
| Category | Amount (incl. GST) |
|---|---|
| Open Category / Applying against Open Category | Rs. 944 (800 + 144 GST) |
| Reserved Category | Rs. 708 (600 + 108 GST) |
| PwBD (Divyang) Category | Exempted |
Note: Candidates who do not submit valid caste, non-creamy layer, or income certificates by the deadline, as applicable for reserved categories, will be required to pay the fees prescribed for Open Category candidates. Fees once paid are non-refundable.
Official Links
Prepare Your Application Documents
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Similar Professional Opportunities
Job Analysis
AI-generated insights
Best-Fit Profile
This recruitment is ideally suited for highly experienced financial professionals, specifically Chartered Accountants (CA), Cost & Management Accountants (ICWA), or those with MBA (Finance)/M.Com qualifications. Candidates should possess significant post-qualification experience in finance, accounts, or audit, with a proven track record in managerial or leadership capacities. Individuals seeking stable, impactful roles within a prominent state-owned public sector undertaking in Maharashtra will find these positions particularly appealing. Knowledge of Marathi language is also beneficial.
Important Considerations
Prospective applicants must meet stringent post-qualification experience requirements, which range from 1 to 10 years, including specific leadership tenure for higher posts. Those lacking the exact educational qualifications (CA/ICWA/MBA/M.Com) or the mandated years of relevant experience, especially at the specified responsibility levels, should not apply. Applicants under reserved categories must ensure they possess all valid and current certificates (caste, non-creamy layer, domicile) by the application deadline.
Career Impact
MAHAGENCO is a crucial state government enterprise responsible for power generation in Maharashtra, offering considerable institutional prestige and job security characteristic of the public sector. These senior and mid-level management roles in Finance & Accounts are critical to the company's operations, providing extensive responsibility and opportunities for strategic impact. Career progression within MAHAGENCO can be substantial, with roles offering significant leadership development and long-term stability in a vital infrastructure industry.
Note: This is a helpful, AI-generated overview designed to save you time. Always refer to the official PDF notification for complete and final details.
Official Links
Prepare Your Application Documents
🔒 100% Secure & In-Browser: Filling out the application form? Use these free utilities to easily format and compress your uploads. All tools process files locally in your browser—nothing is ever uploaded to our servers.
Smart Image Resizer
Compress photo/signature to exact KB limits (e.g. 20-50KB) for SSC, UPSC.
Passport Photo Maker
Crop and tile photos into printable A4 or 4x6 sheet grids.
Signature Extractor
Remove gray shadows & shadows from signature photos.
Image to PDF Combiner
Merge multiple marksheets/certificates into a single lightweight PDF.
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