Maharashtra State Electricity Distribution Company Ltd. (MSEDCL)

MSEDCL, MERC Face Censure From APTEL Over Payment Delays To Wind Developer

In a highly critical new order, the Appellate Tribunal for Electricity (APTEL) has ruled against the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL), quashing its appeal against “interest on interest,” as imposed on it by the Maharashtra Electricity Commission (MERC), which awarded 1.25% penalty interest on 1.25% delayed payment charges interest to Rajalakshmi Minerals, a […]

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