Maharashtra State Electricity Distribution Company Limited (Mahavitaran), the country’s largest power distribution utility, has repaid a loan of Rs 12,800 crore taken from the State Bank of India (SBI) in a single instalment ahead of schedule, marking a significant step toward strengthening its financial position.

Mahavitaran Chairman and Managing Director Lokesh Chandra said the prepayment was made through a combination of a fresh low-interest loan from another financial institution and the company’s own internal resources. The move has resulted in substantial savings on interest costs and reduced the utility’s overall debt burden.