With the formation of four new companies, the Maharashtra State Electricity
Board (MSEB) will find itself unbundled from today.
MSEB will be dismantled into the MSEB Holding Company, Maharashtra State Power
Generation Company, Maharashtra State Transmission Company and Maharashtra
State Distribution Company. The companies will be state-owned, under the Electricity
Act, 2003 which envisages unbundling of the SEBs.
holding company came into existence on June 1 while the other three companies
would come into being on June 6, a top MSEB official said.
state electricity board, which made a humble beginning with a 10 MW power
plant has grown to about 9,771 MW capacity in the last 45 years and provides
power to all towns and about 40,000 villages in Maharashtra. The SEB has the
capacity, highest number of consumers at 1.4 crore and the largest number
of agricultural pumps at 24.5 lakh in the country, he said.