Maharashtra Cabinet Approves Mahavitaran Recast, IPO Plan And Separate Agri Power Firm To Boost Energy Sector
Published on: April 7, 2026, 7:30 p.m. | Source: Free Press Journal
The Maharashtra Cabinet approved Mahavitaran’s restructuring, splitting it into two entities and planning an IPO for its non-agricultural business. The move aims to reduce Rs 32,679 crore debt, improve efficiency, and boost solar-powered supply for farmers.
