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Mahagenco is a fully state-owned company headquartered in India. In 2022 its revenue was USD 3.01 billion. Mahagenco is a power generation company in the state of Maharashtra and the largest power producing company in India.
Ranking position
#68 /68
Total score
1.2 /100

0.7 /60
Core social indicators
0.5 /20
Just transition
0.0 /20

ACT score components

Performance score
0.5 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank


#1 0.0 /100 #51

Material investment

#1 2.5 /100 #62

Intangible investment

#1 0.0 /100 #26

Sold products

#1 0.0 /100 #46


#1 1.3 /100 #67

Supplier engagement

#1 0.0 /100 #43

Client engagement

#1 0.0 /100 #53

Policy engagement

#1 3.0 /100 #65

Business model

#1 12.5 /100 #64
Indicates the score for the top performing company.

Act Assessment

Leading Practices

No leading practices were identified for this company.

Risks and Opportunities


Mahagenco receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. The company has not set targets that can be meaningfully assessed. The company discloses some elements of a low-carbon transition, but it does not have an explicit transition plan or low-carbon business model. It generates 84% of its electricity from hard coal and plans to extend its thermal power capacity.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core Social Assessment

More about the company

Mumbai, India
Group revenue
US$ 3,012 million (FY2022)
Group employees
12,000 (FY2022)
Fully state-owned
Installed capacity
12.8 GW
Company filing name
Maharashtra State Power Generation Co. Ltd.

This company is part of the SDG2000, the 2,000 most influential companies

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