MERC Tata Power Company Limited (Distribution) Multi-Year Tariff (MYT) Order for FY2025-26 to FY2029-30 (Case No. 210 of 2024)

MERC order dated 28 March 2025 in Case 210 of 2024: a 327-page multi-year tariff (myt) order for Tata Power Company Limited (Distribution), 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: 210 of 2024
Order date: 28 March 2025
Petitioner: Tata Power Company Limited (Distribution)
Entity: Tata Power Company Limited (Distribution) (TPC-D)
Order type: Multi-Year Tariff (MYT) Order
Control period: CP-5 (FY2025-26 to FY2029-30)
Tariff regime: Section 62, Electricity Act 2003
Act sections cited: s.61, s.62
Licensee segment: distribution
Asset segment: distribution
State: Maharashtra
Length: 327 pages

About this order

A Multi-Year Tariff (MYT) order determines a regulated entity’s Aggregate Revenue Requirement and tariffs for a full control period — typically five financial years — under Sections 61 and 62 of the Electricity Act, 2003. It usually combines a true-up of past years, a provisional true-up of the most recent year, and projections for each year of the new control period.

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. BACKGROUND AND BRIEF HISTORY5 sections · p. 17
1. 1.1. BACKGROUNDp. 17
2. 1.2. MYT REGULATIONSp. 17
3. 1.3. PETITION AND MAIN PRAYERS OF TPC-Dp. 20
4. 1.4. ADMISSION OF THE PETITION AND PUBLIC CONSULTATION PROCESSp. 20
5. 1.5. ORGANISATION OF THE ORDERp. 21
2. SUGGESTIONS/OBJECTIONS, TPC-D'S RESPONSES AND COMMISSION'S RULINGS18 sections · p. 21
1. 2.1. PAYMENT OF STANDBY CHARGESp. 21
2. 2.2. ELECTRIC VEHICLE (EV) CHARGING TARRIFFp. 22
3. 2.3. TARIFF REDUCTION DUE TO HIGHER RE PURCHASEp. 22
4. 2.4. ADVANCE PAYMENT OPTIONp. 22
5. 2.5. VIRTUAL NET METERINGp. 25
6. 2.6. KVAH BILLINGp. 25
7. 2.7. ISSUANCE OF PUBLIC NOTICEp. 25
8. 2.8. EXECUTIVE SUMMARYp. 25
9. 2.9. DISCREPANCY IN DATAp. 26
10. 2.10. TARIFF RELATED MATTERS AND TARIFF FOR CHANGEOVER CONSUMERSp. 28
11. 2.11. DETAILS IN MONTHLY ELECTRICITY BILLSp. 29
12. 2.12. NET METERING FACILITY FOR REGENERATIVE BRAKING GENERATIONp. 29
13. 2.13. CEILING TARIFF FOR MUMBAI UTILITIESp. 30
14. 2.14. GREEN ENERGY ATTRIBUTESp. 32
15. 2.15. SALES FOR 5TH CONTROL PERIODp. 32
16. 2.16. POWER PURCHASEp. 32
17. 2.17. WHEELING CHARGESp. 33
18. 2.18. CROSS SUBSIDY SURCHARGE (CSS)p. 33
3. TRUING-UP OF AGGREGATE REVENUE REQUIREMENT FOR FY 2023-2419 sections · p. 33
1. 3.1. SALESp. 34
2. 3.2. OPEN ACCESS SALESp. 34
3. 3.3. DISTRIBUTION LOSSES AND ENERGY INPUT REQUIREMENTp. 37
4. 3.4. POWER PURCHASE QUANTUM AND COSTp. 41
5. 3.5. OPERATION AND MAINTENANCE EXPENSESp. 55
6. 3.6. CAPITALISATIONp. 64
7. 3.7. DEPRECIATIONp. 68
8. 3.8. INTEREST ON LONG-TERM LOAN AND OTHER FINANCE CHARGESp. 69
9. 3.9. INTEREST ON WORKING CAPITAL (IOWC)p. 72
10. 3.10. INTEREST ON CONSUMERS' SECURITY DEPOSITp. 72
11. 3.11. RETURN ON EQUITYp. 73
12. 3.12. PROVISION FOR BAD AND DOUBTFUL DEBTSp. 80
13. 3.13. DSM EXPENDITUREp. 80
14. 3.14. CONTRIBUTION TO CONTINGENCY RESERVEp. 81
15. 3.15. NON-TARIFF INCOMEp. 81
16. 3.16. SHARING OF GAINS AND LOSSESp. 83
17. 3.17. AGGREGATE REVENUE REQUIREMENTp. 89
18. 3.18. REVENUE FROM SALE OF ELECTRICITYp. 92
19. 3.19. REVENUE GAP/(SURPLUS)p. 92
4. PROVISIONAL TRUING UP OF FY 2024-2518 sections · p. 92
1. 4.1. SALESp. 93
2. 4.2. OPEN ACCESS SALESp. 98
3. 4.3. DISTRIBUTION LOSSES AND ENERGY INPUT REQUIREMENTp. 99
4. 4.4. POWER PURCHASE QUANTUM AND COSTp. 101
5. 4.5. OPERATION AND MAINTENANCE EXPENSESp. 101
6. 4.6. CAPITALISATIONp. 110
7. 4.7. DEPRECIATIONp. 113
8. 4.8. INTEREST ON LONG-TERM LOANp. 114
9. 4.9. INTEREST ON WORKING CAPITALp. 116
10. 4.10. INTEREST ON CONSUMER SECURITY DEPOSIT (CSD)p. 117
11. 4.11. RETURN ON EQUITYp. 119
12. 4.12. PROVISION FOR BAD AND DOUBTFUL DEBTSp. 119
13. 4.13. CONTRIBUTION TO CONTINGENCY RESERVEp. 120
14. 4.14. NON-TARIFF INCOME (NTI)p. 120
15. 4.15. DEMAND SIDE MANAGEMENT EXPENSESp. 120
16. 4.16. AGGREGATE REVENUE REQUIREMENT FOR FY 2024-25p. 121
17. 4.17. REVENUE FOR FY 2024-25p. 124
18. 4.18. REVENUE GAP/(SURPLUS) FOR FY 2024-25p. 124
5. AGGREGATE REVENUE REQUIREMENT FOR FY 2025-26 TO FY 2029-3017 sections · p. 124
1. 5.1. RESOURCE ADEQUACY AND POWER PROCUREMENT PLANNINGp. 127
2. 5.2. SCRUTINY OF THE RA PLANNING AS PER THE PROVISIONS OF THE MERC RA REGULATIONS 2024.p. 130
3. 5.3. SALESp. 145
4. 5.4. DISTRIBUTION LOSSES AND ENERGY BALANCEp. 159
5. 5.5. POWER PURCHASE QUANTUM AND COSTp. 162
6. 5.6. OPERATION AND MAINTENANCE EXPENSESp. 179
7. 5.7. CAPITALISATIONp. 182
8. 5.8. DEPRECIATIONp. 184
9. 5.9. INTEREST ON LONG-TERM LOANp. 187
10. 5.10. INTEREST ON WORKING CAPITALp. 188
11. 5.11. INTEREST ON CONSUMER SECURITY DEPOSIT (CSD)p. 191
12. 5.12. RETURN ON EQUITYp. 192
13. 5.13. PROVISION FOR BAD AND DOUBTFUL DEBTSp. 195
14. 5.14. CONTRIBUTION TO CONTINGENCY RESERVEp. 198
15. 5.15. DSM EXPENDITUREp. 201
16. 5.16. NON-TARIFF INCOMEp. 205
17. 5.17. AGGREGATE REVENUE REQUIREMENT FOR FY 2025-26 TO FY 2029-30p. 206
6. CUMULATIVE REVENUE GAP, TARIFF PHILOSOPHY AND CATEGORY-WISE TARIFFS FOR 5TH CONTROL PERIOD25 sections · p. 206
1. 6.1. CUMULATIVE PAST RECOVERIES OF ARR TILL FY 2024-25p. 208
2. 6.2. ADDITIONAL GAPp. 211
3. 6.3. CARRYING COST ON PAST GAPp. 219
4. 6.4. TOTAL GAP UPTO FY 2024-25p. 220
5. 6.5. PROPOSED RECOVERY OF GAP / (SURPLUS) FOR FY 2025-26 TO FY 2029-30p. 222
6. 6.6. OVERALL TARIFF PHILOSOPHY AND AVERAGE COST OF SUPPLYp. 225
7. 6.7. CROSS SUBSIDY STRUCTUREp. 226
8. 6.8. TPC-D'S TARIFF PHILOSOPHYp. 229
9. 6.9. FIXED COST VS FIXED CHARGESp. 232
10. 6.10. WHEELING CHARGES AND WHEELING LOSSp. 234
11. 6.11. CROSS SUBSIDY SURCHARGE (CSS) TO BE MADE APPLICABLE FOR OPEN ACCESS CONSUMERS (NON-CAPTIVE)p. 238
12. 6.12. ADDITIONAL SURCHARGE FOR THE CONTROL PERIODp. 238
13. 6.13. DEMAND FOR HT AND LT CONSUMERSp. 242
14. 6.14. LOAD FACTOR INCENTIVE (LFI)p. 243
15. 6.15. STANDBY CHARGESp. 244
16. 6.16. TIME OF DAY (TOD) CHARGESp. 245
17. 6.17. TARIFF TO EV CHARGING STATIONp. 253
18. 6.18. SPECIAL CONCESSION FOR GREEN HYDROGEN PROJECTSp. 255
19. 6.19. KVAH BILLINGp. 259
20. 6.20. REBATE FOR BULK CONSUMPTIONp. 261
21. 6.21. ADVANCE PAYMENTp. 261
22. 6.22. GREEN POWER TARIFFp. 263
23. 6.23. PREPAID METER REBATEp. 263
24. 6.24. OVERALL TARIFF PHILOSOPHYp. 263
25. 6.25. TARIFF FOR $5^{\mathrm{TH}}$ MYT CONTROL PERIODp. 267
7. SCHEDULE OF CHARGES1 sections · p. 267
1. 7.1. SCHEDULE OF CHARGESp. 277
8. DIRECTIVES IN THIS ORDER1 sections · p. 277
1. 8.1. SUMMARY OF DIRECTIVESp. 286
9. APPLICABILITY2 sections · p. 286
1. 9.1. APPLICABILITY OF TARIFFp. 286
2. 9.2. APPLICABILITY OF ORDERp. 289

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) · 327 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.