MERC rejects petition of ARERJL v/s MSEDCL for payment of LPS compounded on monthly rest, in terms of the PPA

Petitioner: Adani Renewable Energy (RJ) Limited (ARERJL)

Versus

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL)

Background: The Petitioner, Adani Renewable Energy (RJ) Limited (ARERJL) has filed the Present Petition on 6 June 2024 under Section 86 of the Electricity Act, 2003 (EA, 2003) read with Article 11 of the Power Purchase Agreement (PPA) dated 27 July 2018, executed between the Petitioner and the MSEDCL.