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Lokesh Chandra, IAS. Mahavitaran or Mahadiscom or MSEDCL (Maharashtra State Electricity Distribution Company Limited) is a wholly-owned subsidiary of the Maharashtra State Electricity Board. It is the largest electricity distribution utility in India (2nd largest in the World after SGCC ). MSEDCL distributes electricity to the entire state of ...
Approx ₹7,400 crore. Number of employees. 15,000. Parent. Maharashtra State Electricity Board. Website. Official Website. The Mahanirmiti or Mahagenco ( Maharashtra State Power Generation plants Limited - MSPGCL) formerly known as MSEB (Maharashtra State Electricity Board) is a major power generating plants in the state of Maharashtra, India ...
Maharashtra State Electricity Board (or MSEB) ( Marathi :महाराष्ट्र राज्य विद्युत मंडळ) is a state government electricity regulation board operating within the state of Maharashtra in India. The MSEB was formed on 20 June 1960 under Section 5 of the Electricity (Supply) Act, 1948. In 1998 it ...
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The City and Industrial Development Corporation of Maharashtra ( CIDCO) is an Indian city planning agency and richest government authority in India which is formed and controlled by the Government of Maharashtra. CIDCO was formed on 17 March 1970 under the Indian Companies Act of 1956; its purpose at the time of its creation was to develop a ...
However, employee’s contribution is 12% of the basic wage as per sec.2(b) of the act and employer’s share of contribution is also 12% of the basic wage as per sec.2(b) of the act. In employer contribution of 12%, 8.33% transfer to EPS (Employee Pension Scheme) and 3.67% transfer to EPF (Employee Provident Fund).
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