Energizing Maharashtra: MERC Approves Game-Changing Tata Power–Dhariwal Infrastructure Alliance

In a major turn of events for the Indian power sector, the Maharashtra Electricity Regulatory Commission (MERC) has cleared a power purchase agreement (PPA) between Tata Power Company Limited and Dhariwal Infrastructure Limited, a CESC Limited subsidiary. The agreement, filed with the regulator on April 29, 2025, allows Tata Power to buy 75 MW of firm power from Dhariwal Infrastructure's State Transmission Utility (STU)-connected coal-based power project at Chandrapur, Maharashtra.

 

The PPA is for a medium-term period, i.e., from May 1, 2025, to April 30, 2027. The procurement was made through competitive bidding on terms as per the Letter of Award. The strategic partnership is likely to improve the power supply reliability in Maharashtra and is a reflection of the ongoing initiatives towards energy security through competitive and transparent means.

 

In the disclosure, the transaction is an in-country deal with both businesses having headquarters within India. The action follows CESC Limited's efforts to broaden its reach within the power business and Tata Power's efforts to acquire stable power sources for its customers.

 

This sanction is a milestone development in the alliance of two of the Indian energy sector's leading players, with the potential of greater operational efficiencies and assured power supply during the life of the contract.

 

Source: PSU Watch