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Maharashtra State Electricity Distribution Company Limited, Mahavitaran or Mahadiscom, MSEDCL. Mahavitaran−MSEDCL is responsible for distribution of electricity throughout the state by buying power from either Mahanirmiti−MSPGCL power plants, or from other state electricity boards and private sector power generation companies.
MSEDCL supplies electricity to a total of 30.7 million consumers across the categories all over Maharashtra. There are about 22.93 million Domestic Residential (74.48%), 4.7 million Agricultural (15.4%), 2.2 million Commercial Consumers (7.33%), and 0.48 million Industrial consumers (1.56 %) in MSEDCL which fetch an Annual Revenue of about Rs. 1,16,817 Crs [Rs. 1,168 Billion] for FY2023-24.
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Maharashtra State Electricity Transmission Company limited, a wholly owned corporate entity under the Maharashtra Government, was incorporated under the Companies Act, in June, 2005 after restructuring the erstwhile Maharashtra State Electricity Board to transmit electricity from its point of Generation to its point of Distribution.
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Yono Lite is a mobile banking application from the State Bank of India. [ 7 ] [ 8 ] Earlier, it was available as "SBI Anywhere Personal" but it was rebranded as "Yono Lite" in 2018, after the introduction of YONO app. [ 9 ] In 2021, Yono Lite saw several updates to protect its users from digital frauds.
Now the bank is an Associate Bank under State Bank Group and the State Bank of India holds 92.33% of shares. [5] The Bank's shares were listed in Bangalore, Chennai, and Mumbai stock exchanges. This bank had 976 branches and 10627 employees (June 2014) and the Bank has 772 branches (79%) in Karnataka State. [ 6 ]