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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.
In 2011, global PE firm Kohlberg Kravis Roberts and International Finance Corporation, an arm of the World Bank Group, invested about $100 million in the company. [9] In 2012, the company acquired GE Money Housing Finance and the home equity loan portfolio of GE Money Financial Services from GE Capital India. [10]
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
NPCI Bharat BillPay Limited (NBBL) doing business as Bharat Connect, and formerly named Bharat Bill Payment System (BBPS) [1] is an integrated bill payment system in India offering interoperable and accessible bill payment service to customers through a network of agents of registered members as Agent Institutions (AI), enabling multiple payment modes, and providing instant confirmation of ...
Maharashtra State Financial Corporation (MSFC) is the term lending development financial institution in Maharashtra state in India. It provides finance to small and medium scale enterprises. It was set up by Government of Maharashtra in 1962. [1]
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
Pune Municipal Corporation (PMC) is the civic body that governs the inner limits of Pune, India. It is in charge of the civic needs and infrastructure of the metropolis , which is spread over an area of 500 sq. km. and has 3.4 million residents.
Power Finance Corporation Ltd. (PFC) is an Indian public sector company engaged in infrastructure finance activities. Established in 1986, it provides financing for the Indian power sector and is under the admistrative control of the Ministry of Power , Government of India . [ 2 ]