Maharashtra's state-owned electricity transmission company, also called Mahatransco is planning to raise ₹10,000 crore through an IPO, Moneycontrol reported citing sources. This would make it the first such initial share sale by a state government owned firm, the report added. "The IPO is likely to be done at a valuation of around ₹40,000 crore to ₹50,000 crore," the sources added.