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January 07,2025

MERC disposes the petition of ACME Heergarh Powertech Pvt Ltd v/s MSEDCL for compensation on account of Change in Law

Petitioner: M/s. ACME Heergarh Powertech Private Ltd

Versus

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL)

Background: M/s. ACME Heergarh Powertech Pvt. Ltd. (ACME/Petitioner) has filed the Petition on 6 February 2024 under section 86 (1) (f) of the Electricity Act (EA), 2003 read with Article 12 of the Power Purchase Agreements (PPA) seeking compensation for increase in cost on account of increase in rate of Basic Custom Duty (BCD) vide office Memorandum dated 9 March 2021 issued by Ministry of New & Renewable Energy (MNRE).

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