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MERC Maharashtra State Electricity Distribution Co. Ltd. Review Order for FY2025-26 to FY2029-30 (Case No. 75 of 2025)

MERC order dated 25 March 2026 in Case 75 of 2025: a 123-page review order for Maharashtra State Electricity Distribution Co. Ltd., covering FY2025-26 to FY2029-30. Full section index with printed page numbers, key facts, and a link to the official order.

Key facts

Issuing authority
Maharashtra Electricity Regulatory Commission (MERC)
Case number
75 of 2025
Order date
25 March 2026
Petitioner
Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL)
Entity
Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL)
Order type
Review Order
Control period
CP-5 (FY2025-26 to FY2029-30)
Tariff regime
Section 62, Electricity Act 2003
Act sections cited
s.94
Licensee segment
distribution
Asset segment
distribution
State
Maharashtra
Length
123 pages

About this order

A review order decides a petition seeking review of a previous order — typically under Section 94 of the Electricity Act, 2003, which gives the Commission the powers of a civil court in respect of review. The Commission examines each ground raised and allows, partly allows, or dismisses each issue; where allowed, the underlying order stands corrected.

This order was issued by the Maharashtra Electricity Regulatory Commission, the electricity regulator for Maharashtra. It relates to the 5th control period, FY2025-26 to FY2029-30. The section index below is extracted from the order’s own structure; page numbers refer to the printed page in the official PDF.

Section index

  1. para 2 Summary of Petition filed by MSEDCL and grounds as submitted by MSEDCL p. 10
  2. para 3 Scope of the present Petition and proceeding undertaken p. 13
  3. para 4 Suggestions/Objections, MSEDCL’s Reply and Commission’s Ruling 27 sections · p. 14
    1. para 4.2 Maintainability of the present Petition p. 14
    2. para 4.3 Time of Day Tariff and Banking Provisions p. 21
    3. para 4.4 Grid Support Charges p. 26
    4. para 4.5 Tariff Recategorization of Hotel Industry p. 28
    5. para 4.6 kVAh Billing Methodology p. 29
    6. para 4.7 Capex & Opex p. 32
    7. para 4.8 Agricultural Sales Estimation p. 34
    8. para 4.9 Power Purchase Expenses p. 36
    9. para 4.10 Additional Submission by MSEDCL dated 04 December 2025 p. 38
    10. para 4.11 Wheeling Charges p. 39
    11. para 4.12 Miscellaneous p. 43
    12. Tariff Hikep. 43
    13. Smart Meter Implementationp. 44
    14. Prompt Payment Rebatep. 44
    15. Regulatory Framework for Combined Solar & Bio Energy Plant and BESS Projectsp. 44
    16. Net Metering for Street Lightsp. 45
    17. Virtual Net Metering & Group Net Meteringp. 45
    18. Performance Linked Incentive/ Penalty to MSEDCLp. 45
    19. Peer to Peer Model Implementationp. 45
    20. Parallel Distribution Licencep. 46
    21. Forensic Audit of MSEDCL Accountsp. 46
    22. Reorganization of slab for LT-I: Domesticp. 46
    23. Consumer Representatives at MERCp. 46
    24. Lower Tariff for Public Water Worksp. 46
    25. High Fuel Adjustment Charges (FAC)p. 47
    26. Security Depositp. 47
    27. Open Access/ Green Energy Open Accessp. 47
  4. para 6 Issue I: Disallowance of capitalisation and consequential impact on ARR p. 51
  5. para 10 Issue V: Disallowance in Interest on Working Capital p. 66
  6. para 12 Issue VII: Calculation of rate of depreciation for FY 2022-23 to FY 2024-25 and for the 5th Control Period p. 68
  7. para 13 Issue VIII: Disallowance of power purchase cost for FY 2024-25 p. 69
  8. para 14 Issue IX: Energy Balance calculation in True-up Period p. 70
  9. para 15 Revenue from additional Sale approved in this Order and variation in total revenue gap p. 71
  10. para 16 Summary of Impact of all claims on ARR component under Review Petition p. 72
  11. para 17 Revised Modified ACoS p. 72
  12. para 18 Issue X: Time of Day (ToD) tariff and banking provisions p. 73
  13. para 19 Issue XI: Change in classification of the hotel industry p. 79
  14. para 21 Issue XIII: Disallowance of Grid Support Charges p. 82
  15. para 22 Issue XIV: Removal of RPO fulfilment in respect of green power supplied to non-obligated entities at the green tariff p. 84
  16. para 23 Issue XV: Inequitable distribution of savings in power purchase cost p. 85
  17. para 26 Applicability of the Order p. 88
  18. Orderp. 90
  19. Annexure IV: Monthly Power Purchase Expensesp. 114

Index extracted from the official order. Page numbers are the printed page in the PDF; front-matter (table of contents, abbreviations) is not indexed.

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About this page

Official order PDF (MERC) · 123 pages.

Case details, dates and the section index on this page are extracted directly from the official order published by MERC. This page was assembled by CtrlPeriod Research using automated document analysis; it does not reproduce the order’s determined tariff figures. It is a research aid, not legal or financial advice — verify against the official order before relying on it.