MAHAGENCO Recruitment 2026: Apply Online for 21 Manager & GM (F&A) Posts - Full Notification, Eligibility, Salary
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.
| 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 |
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 | ||
Age as on: The notification does not specify a single cut-off date. Candidates should verify dates based on the date of application submission.
The recruitment process involves a multi-stage evaluation to assess technical knowledge, communication skills, and overall suitability.
| General / OBC Candidates | ₹944 (Incl. GST) |
| SC / ST Candidates | ₹708 (Incl. GST) |
| PwBD Candidates | Nil (Exempted) |
Payment Mode: Online
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Mahagenco has the highest overall generation capacity and the highest thermal installed capacity amongst all the state power generation utilities in the country. In terms of installed capacity, it is the second highest generation company after NTPC.
Mahagenco has the generation capacity of 11657 MW. It was established by the government of Maharashtra with the principal objective of engaging in the business of generation of electricity, & mahagenco produces the cheapest power for consumers in the state.
Mahagenco is committed to expanding the generation capacity to meet the ever-growing power supply need of Maharashtra. Mahagenco generates power for more than 1,50,00,000 end consumers in Maharashtra at economical and affordable rates.
Mahagenco believes in quality management.
Mahagenco recruitment offers great career opportunities for several posts such as Driver. Interested candidates can pursue courses in 4th Class with Driving Licence for a great career at Mahagenco.