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12 hours ago

MERC: Petition of PUL v/s MSEDCL for extension of SCOD and Financial Closure under PPA dated 18 February 2025

Petitioner: Parmeshi Urja Limited (PUL)

Versus

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) & The Karur Vyasa Bank Limited

Background: Parmeshi Urja Limited (PUL) has filed the Petition on 30 April 2026 seeking extension of Scheduled Date of Commercial Operation (SCOD) and Financial Closure (FC) under Power Purchase Agreement dated 18 February 2025 in terms of the MNRE Office Memorandums (OMs) dated 28 March 2026 and interim reliefs for the Petitioner’s 133 MW Solar PV project under MSKVY 2.

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