MAHAGENCO Manager Recruitment 2026 – Apply Now

Comprehensive Job Description for MAHAGENCO Manager, General Manager, and Other Posts Recruitment 2026

Maharashtra State Power Generation Company Limited (MAHAGENCO) has officially announced the recruitment drive for the year 2026, offering a total of 21 lucrative positions spanning various managerial and senior management roles. This comprehensive job description provides detailed information about the available posts, eligibility criteria, application process, salary structure, and other essential details to help aspiring candidates understand the opportunity thoroughly and prepare accordingly.

About MAHAGENCO

MAHAGENCO, or Maharashtra State Power Generation Company Limited, is one of the key public sector undertakings responsible for power generation in Maharashtra. It plays a vital role in providing reliable electricity supply across the state and offers employment opportunities to qualified professionals in the energy sector.

Positions Offered in Recruitment 2026

The recruitment comprises several managerial and senior managerial roles, including:

Post Name Number of Vacancies Salary Range (Per Month)
General Manager (F&A) 3 Rs. 124995 – 5490 – 256755
Assistant General Manager (F&A) 3 Rs. 102890 – 4250 – 228420
Senior Manager (F&A) 9 Rs. 97220 – 3745 – 209445
Manager (F&A) 4 Rs. 73580 – 2995 – 166555
Deputy Manager (F&A) 2 Rs. 54505 – 2580 – 142050

Eligibility Criteria

Candidates must meet specific educational qualifications and age limits to be eligible for these positions:

Educational Qualifications

Post Educational Qualification
General Manager (F&A) CA / ICWA final passed
Assistant General Manager (F&A) CA / ICWA final passed
Senior Manager (F&A) CA / ICWA final passed
Manager (F&A) CA / ICWA final passed
Deputy Manager (F&A) Inter CA / Inter ICWA OR MBA (Finance) / M.Com

Age Limit and Relaxation

Post Maximum Age Limit Age Relaxation
General Manager (F&A) 48 years +5 years for Reserved/EWS; up to 57 years for Mahagenco Employees; 45 years for PwBD
Assistant General Manager (F&A) 40 years +5 years for Reserved/EWS; up to 57 years for Mahagenco Employees; 45 years for PwBD
Senior Manager (F&A) 40 years +5 years for Reserved/EWS; up to 57 years for Mahagenco Employees; 45 years for PwBD
Manager (F&A) 40 years +5 years for Reserved/EWS; up to 57 years for Mahagenco Employees; 45 years for PwBD
Deputy Manager (F&A) 38 years +5 years for Reserved/EWS; up to 57 years for Mahagenco Employees; 45 years for PwBD

Application Fee Structure

The application fee varies based on candidate category:

Category Fee (Inclusive of GST)
General / OBC ₹944
SC / ST ₹708
PwBD Nil

Salary & Compensation Packages

The salary structure reflects the company’s compensation policy for different posts, ensuring competitive remuneration in accordance with industry standards:

  • General Manager (F&A): Rs. 124,995 – 5,490 – 256,755
  • Assistant General Manager (F&A): Rs. 102,890 – 4,250 – 228,420
  • Senior Manager (F&A): Rs. 97,220 – 3,745 – 209,445
  • Manager (F&A): Rs. 73,580 – 2,995 – 166,555
  • Deputy Manager (F&A): Rs. 54,505 – 2,580 – 142,050

Important Dates for Application & Selection

The following timeline is crucial for interested candidates planning to apply:

Event Date
Application Start Date (Website Opens) 20 February 2026
Last Date for Online Application & Fee Payment 20 March 2026
Last Date for Receipt of Hard Copy (HR01, HR02, HR03) 20 March 2026

Selection Process

The selection involves a multi-stage assessment to evaluate candidates comprehensively:

  1. Assessment Centre Test: In-Basket Exercise, Group Discussion, Case Discussion, and Presentation
  2. Online Test: Computer-based examination testing technical and general knowledge
  3. Document Verification: Validation of educational and experience certificates
  4. Personal Interview: Final interview assessing suitability for the role

Step-by-step Application Procedure

Candidates aspiring to apply should follow these steps carefully:

  1. Visit the official MAHAGENCO recruitment portal or click the direct link in the “Important Links” section.
  2. Register with a valid email ID and mobile number to generate login credentials.
  3. Fill out the application form with accurate personal, educational, and contact details.
  4. Upload scanned copies of required documents, including photographs, signatures, and academic certificates, in prescribed formats.
  5. Pay the application fee online through available payment gateways.
  6. Review the filled form thoroughly before final submission.
  7. Download and save the confirmation receipt or take a printout for future reference.

Important Links and Resources

Frequently Asked Questions (FAQs)

1. When does the application process begin?

The online application portal opens on 20 February 2026.

2. What is the deadline to apply?

The last date to submit applications and pay fees is 20 March 2026.

3. What are the eligibility criteria?

Candidates must possess CA, ICWA, MBA (Finance), or M.Com qualifications as per the post requirements.

4. What is the maximum age limit?

The maximum age limit is 48 years, with relaxation applicable as per category and norms.

5. How many vacancies are available?

A total of 21 posts are available across all categories.

For further details and clarifications, candidates are advised to refer to the official notification PDF and contact the official recruitment authorities.

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