In a major policy decision, the Maharashtra government, CM Devendra Fadnavis has approved a comprehensive financial and structural overhaul of Mahavitaran. The move is aimed at improving efficiency, reducing losses and supporting the state’s ambition of becoming a "USD 1 trillion economy."

A government resolution issued by the Industry, Energy, Labour and Mining Department outlines a new roadmap for the state’s largest power distribution company, which serves around 3.5 crore consumers.