Legal5 May 2026, 10:21 pm
JSW Energy: SC Orders MSEDCL to Pay ₹250 Cr, APTEL to Re-hear Case
AI Summary
The Supreme Court disposed of MSEDCL's civil appeal, directing them to make an interim part payment of ₹250 crores to JSW Energy. The court also requested APTEL to re-hear MSEDCL's application to stay the MERC order, which had directed MSEDCL to pay tariff as per the PPA dated 23rd February 2010 with applicable Late Payment Surcharge. This follows MSEDCL's appeal against MERC's order rejecting their contention on the applicability of Section 11 of the Electricity Act, 2003 to JSW Energy's Ratnagiri unit.
Key Highlights
- Supreme Court directs MSEDCL to make interim payment of ₹250 Cr to JSW Energy.
- APTEL to re-hear MSEDCL's stay application against MERC order.
- MERC previously rejected MSEDCL's contention on Electricity Act applicability.
- MERC directed MSEDCL to pay tariff as per the 2010 Power Purchase Agreement.