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Maharashtra State Electricity Distribution Company
4.3
based on 474 Reviews
Video summary
Company Overview
Company Locations
Working at Maharashtra State Electricity Distribution Company
Company Summary
A major public sector entity in Maharashtra, specializing in electricity distribution, serving millions of consumers with a significant workforce.
Overall Rating
4.3/5
based on 474 reviews
7% above
industry average
Highly rated for
Company culture, Skill development, Work satisfaction
Work Policy
Work from office
80% employees reported
Monday to Saturday
52% employees reported
Flexible timing
53% employees reported
Within city
48% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
29 employees reported
Health insurance
13 employees reported
Office cab/shuttle
10 employees reported
Professional degree assistance
8 employees reported
View all benefits
About Maharashtra State Electricity Distribution Company
Founded in2005 (20 yrs old)
India Employee Count50k-1 Lakh
Global Employee Count50k-1 Lakh
India HeadquartersMumbai, Maharashtra, India
Office Locations
--
Websitemahadiscom.in
Primary Industry
Other Industries
--
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Maharashtra State Electricity Distribution Company Limited (MSEDCL) came into existence on June 6, 2005 after unbundling the erstwhile Maharashtra State Electricity Board into four companies. MSEDCL is also known as Mahavitaran or Mahadiscom. Mahadiscom is one of the largest public sector company engaged in the business of electricity distribution with annual turnover of Rs. 21,278 Crores. It serves 156.96 Lakh consumers in Maharashtra State with a committed pool of over 75000 employees.
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Maharashtra State Electricity Distribution Company Ratings
based on 474 reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
265
4
116
3
59
2
15
1
19
Category Ratings
4.1
Company culture
4.1
Skill development
4.1
Work satisfaction
4.0
Work-life balance
3.8
Job security
3.7
Salary
3.4
Promotions
Maharashtra State Electricity Distribution Company is rated 4.3 out of 5 stars on AmbitionBox, based on 474 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Maharashtra State Electricity Distribution Company
based on 415 reviews
4.5
Rated by 88 Women
Rated 4.4 for Company culture and 4.4 for Job security
4.3
Rated by 327 Men
Rated 4.1 for Company culture and 4.1 for Skill development
Work Policy at Maharashtra State Electricity Distribution Company
based on 52 reviews in last 6 months
Work from office
80%
Permanent work from home
10%
Hybrid
10%
Maharashtra State Electricity Distribution Company Reviews
Top mentions in Maharashtra State Electricity Distribution Company Reviews
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Compare Maharashtra State Electricity Distribution Company with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 474 reviews | 3.9/5 based on 1.9k reviews | 4.1/5 based on 2.3k reviews | 3.9/5 based on 1.7k reviews |
Highly Rated for | Skill development Company culture Work satisfaction | Job security Skill development Salary | Skill development Job security Company culture | Job security Skill development Salary |
Critically Rated for | No critically rated category | No critically rated category | Promotions | No critically rated category |
Primary Work Policy | Work from office 80% employees reported | Work from office 80% employees reported | Work from office 77% employees reported | Work from office 84% employees reported |
Rating by Women Employees | 4.5 Good rated by 88 women | 3.8 Good rated by 32 women | 4.1 Good rated by 76 women | 3.3 Average rated by 91 women |
Rating by Men Employees | 4.3 Good rated by 327 men | 3.9 Good rated by 1.8k men | 4.1 Good rated by 2.1k men | 4.0 Good rated by 1.5k men |
Job security | 3.8 Good | 4.0 Good | 4.0 Good | 3.9 Good |
View more
Maharashtra State Electricity Distribution Company Salaries
Maharashtra State Electricity Distribution Company salaries have received with an average score of 3.7 out of 5 by 474 employees.
Assistant Engineer
(56 salaries)
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₹5.1 L/yr - ₹16 L/yr
Junior Engineer
(30 salaries)
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₹2.1 L/yr - ₹8 L/yr
Assistant Programmer
(20 salaries)
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₹11 L/yr - ₹18 L/yr
Computer Operator
(19 salaries)
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₹0.8 L/yr - ₹3 L/yr
Electrical Engineer
(19 salaries)
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₹1.1 L/yr - ₹8.2 L/yr
Substation Operator
(17 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
Deputy Executive Engineer
(14 salaries)
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₹10.9 L/yr - ₹25 L/yr
Wireman
(14 salaries)
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₹1.1 L/yr - ₹3 L/yr
Assistant Electrical Engineer
(12 salaries)
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₹6.2 L/yr - ₹13 L/yr
Lower Division Clerk
(12 salaries)
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₹2 L/yr - ₹6.5 L/yr
Maharashtra State Electricity Distribution Company News
Bhagyanagar Shares Surge Past 16% On Winning Rs 245-Crore Solar Project
- Shares of Bhagyanagar India Ltd. rose over 16% after winning a Rs 245-crore solar project from Maharashtra State Electricity Distribution Co.
- The project includes the commissioning of 53 MW (AC) of Solar Power Generator within 18 months from the Letter of Award and an operation and maintenance period of 25 years.
- The tariff for the project is set at Rs 3.09 per kwh, with a government subsidy of Rs 105 crore per MW.
- Bhagyanagar India Ltd. had previously received 11 Letters of Awards for a solar project worth Rs 230 crore from Uttar Pradesh New and Renewable Energy Development Agency.
Bloomberg Quint | 25 Feb, 2025
Ultracab wins Rs. 51.06 crore order from MSEDCL
- Ultracab (India) Limited has won a Rs. 51.06 crore order from Maharashtra State Electricity Distribution Company Limited (MSEDCL).
- The order is expected to be completed by June 2025.
- Ultracab’s shares saw a nearly 4% rise, reaching Rs. 15.55, with an intraday high of Rs. 17.52 with high volume. Market cap reached Rs. 201.80 crore.
- Revenue increased by 159.5% to Rs. 57.24 crore, and profit increased by 64.6% to Rs. 2.70 crore compared to the same quarter last year.
Startupreporter | 5 Feb, 2025
Adani Green Q3: Investec Optimistic On Capacity Growth, Operational Strength
- Investec maintains a 'buy' rating on Adani Green Energy with a target price of Rs 2,515, reflecting a potential upside of 144.2%.
- Adani Green Energy delivered strong Q3 results, with a net profit of Rs 474 crore, a 85% YoY increase.
- The company saw a 32% YoY growth in energy sales, with 5.98 billion units sold in Q3.
- Adani Green Energy signed a 25-year power purchase agreement with Maharashtra State Electricity Distribution Co., further strengthening its portfolio.
Bloomberg Quint | 24 Jan, 2025
JSW Energy Seeks MERC Intervention In Tariff Dispute Over Ratnagiri Power Supply
- JSW Energy Ltd. plans to file a petition before the Maharashtra Electricity Regulatory Commission regarding a tariff dispute for power supplied from its Ratnagiri unit.
- The dispute arose due to a discrepancy in the tariff agreed upon in the power purchase agreement between JSW Energy and Maharashtra State Electricity Distribution Co. Ltd.
- The company claims that MSEDCL is paying the invoices as per the tariff determined under a direction issued by the Centre, while JSW Energy insists on the agreed tariff.
- JSW Energy aims to achieve 10 GW operational capacity by fiscal 2025 and has received a letter of award for a 400 MW solar power project from NTPC Ltd.
Bloomberg Quint | 6 Dec, 2024
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Maharashtra State Electricity Distribution Company FAQs
When was Maharashtra State Electricity Distribution Company founded?
Maharashtra State Electricity Distribution Company was founded in 2005. The company has been operating for 20 years primarily in the Power sector.
Where is the Maharashtra State Electricity Distribution Company headquarters located?
Maharashtra State Electricity Distribution Company is headquartered in Mumbai, Maharashtra.
How many employees does Maharashtra State Electricity Distribution Company have in India?
Maharashtra State Electricity Distribution Company currently has more than 70,000+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Maharashtra State Electricity Distribution Company based on the number of reviews submitted on AmbitionBox.
Does Maharashtra State Electricity Distribution Company have good work-life balance?
Maharashtra State Electricity Distribution Company has a work-life balance rating of 4.0 out of 5 based on 400+ employee reviews on AmbitionBox. 80% employees rated Maharashtra State Electricity Distribution Company 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Maharashtra State Electricity Distribution Company work-life balance reviews for more details
Is Maharashtra State Electricity Distribution Company good for career growth?
Career growth at Maharashtra State Electricity Distribution Company is rated as moderate, with a promotions and appraisal rating of 3.4. 20% employees rated Maharashtra State Electricity Distribution Company 3 or below, while 80% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Maharashtra State Electricity Distribution Company promotions/appraisals reviews for more detailed insights.
What are the pros of working in Maharashtra State Electricity Distribution Company?
Working at Maharashtra State Electricity Distribution Company offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, skill development and work satisfaction, based on 400+ employee reviews on AmbitionBox.
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