📋 Complete Advertisement & Guidelines
MAHAGENCO Recruitment 2026: Overview
The Maharashtra State Power Generation Company (MAHAGENCO) has released an official notification (Advt No. 03/2026) for the recruitment of 21 posts of Manager, General Manager, and other Finance & Accounts (F&A) positions. This is a significant opportunity for qualified Chartered Accountants, ICWAs, and Finance post-graduates to secure a full-time role in one of Maharashtra's leading power sector companies. This recruitment involves a competitive selection process including an Online Test and an Assessment Centre. Candidates meeting the eligibility criteria must apply online before the deadline.
Key Highlights Table
| Organization Name | Maharashtra State Power Generation Company Ltd. (MAHAGENCO) |
| Post Name(s) | Manager, General Manager, Dy. Manager (F&A) |
| Total Vacancies | 21 |
| Application Start Date | 20 February 2026 |
| Application End Date | 20 March 2026 |
| Official Website | www.mahagenco.in |
Vacancy Details
Here is the breakdown of the 21 vacancies available for the Finance & Accounts department:
| Post Name | Pay Scale / Salary (Rs.) | Age Limit | Reserved Vacancies |
|---|---|---|---|
| General Manager (F&A) | 124995 – 5490 – 256755 | Max 48 Years | 03 |
| Asst. General Manager (F&A) | 102890 – 4250 – 228420 | Max 40 Years | 03 |
| Sr. Manager (F&A) | 97220 – 3745 – 209445 | Max 40 Years | 09 |
| Manager (F&A) | 73580 – 2995 – 166555 | Max 40 Years | 04 |
| Dy. Manager (F&A) | 54505 – 2580 – 142050 | Max 38 Years | 02 |
| Total | 21 | ||
Eligibility Criteria
1. Educational Qualification
- General Manager / Asst. General Manager / Sr. Manager / Manager (F&A): Candidates must be CA / ICWA final passed from a recognized university/institute.
- Dy. Manager (F&A): Candidates must possess either Inter CA / Inter ICWA OR MBA (Finance) / M.Com from a recognized university.
2. Age Limit
Age as on: The notification does not specify a single cut-off date. Candidates should verify dates based on the date of application submission.
- General Manager: Maximum 48 years.
- Asst. General Manager / Sr. Manager / Manager: Maximum 40 years.
- Dy. Manager: Maximum 38 years.
3. Age Relaxation
- Reserved / EWS: +5 years.
- MAHAGENCO Employees: Up to 57 years.
- PwBD: Up to 45 years.
Selection Process
The recruitment process involves a multi-stage evaluation to assess technical knowledge, communication skills, and overall suitability.
- Online Test: A preliminary objective-type test.
- Assessment Centre Test: Candidates shortlisted from the online test will undergo the following:
- In-Basket Exercise
- Group Discussion
- Case Discussion
- Presentation
- Document Verification: Scrutiny of original certificates.
- Personal Interview: Final interview round.
Application Fee
| General / OBC Candidates | ₹944 (Incl. GST) |
| SC / ST Candidates | ₹708 (Incl. GST) |
| PwBD Candidates | Nil (Exempted) |
Payment Mode: Online
How to Apply (Step-by-Step)
- Visit Official Website: Go to www.mahagenco.in or use the direct link in the Important Links section.
- Read Notification: Carefully read the official notification (Advt No. 03/2026) to ensure eligibility.
- Registration: Click on "Apply Online" and complete the basic registration with valid email and mobile number.
- Fill Application Form: Enter personal details, educational qualifications, and work experience accurately.
- Upload Documents: Upload scanned copies of your photograph, signature, and relevant certificates (HR01, HR02, HR03 forms) as required.
- Pay Fee: Pay the application fee online via debit/credit card or net banking.
- Submit & Print: Submit the form before 20-03-2026 and take a printout of the submitted application for future reference.
Important Dates
- Website link open for online application: 20 February 2026
- Last date for online application & online fee payment: 20 March 2026
- Last date for receipt of hard copy (HR01, HR02, HR03 only): 20 March 2026
Important Links
- Download Official Notification PDF (Advt 03/2026)
- Apply Online Link (Available from 20 Feb)
- Official Website