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November 13,2024

Kasturi Electricals & Engineering's petition v/s MSEDCL partly approved by MERC for compensation due to Change in Law

Petitioner: M/s. Kasturi Electricals & Engineering (KEE)

Versus

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL)

Background: M/s. Kasturi Electricals & Engineering (KEE/Petitioner) has filed the Petition on 27 November 2023 under section 86 (1) (f) of the Electricity Act (EA), 2003 read with Article 9 of the Power Purchase Agreements (PPA) seeking compensation for increase in cost on account of increase in rate of Goods & Services Tax (GST) vide Notification No.

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