On December 24, 2025, the Maharashtra Electricity Regulatory Commission (MERC) issued a combined order rejecting the petition filed by MSEDCL against JSW Energy’s invoices, while allowing JSW Energy’s own petition. The ruling settles a long-standing dispute over billing claims, strengthening JSW Energy’s position in regulatory and financial compliance.
In a significant regulatory development, the Maharashtra Electricity Regulatory Commission (MERC) has sided with JSW Energy Limited in its ongoing dispute with the Maharashtra State Electricity Distribution Company Limited (MSEDCL).
The matter revolved around invoices raised by JSW Energy pursuant to a MERC order dated July 22, 2024. MSEDCL had challenged these invoices, filing a petition to contest the claims. MERC, however, rejected MSEDCL’s petition and upheld JSW Energy’s petition, confirming the validity of the company’s billing practices.
This ruling is considered material litigation under SEBI’s Listing Obligations and Disclosure Requirements Regulations, 2015, and is expected to have a positive impact on JSW Energy’s financial clarity and investor confidence.
Key Highlights And Notable Updates
• MERC issued its final combined order on December 24, 2025
• Petition filed by MSEDCL against JSW Energy’s invoices rejected
• JSW Energy’s petition allowed, validating its billing claims
• Dispute centered on invoices raised under MERC’s July 2024 order
• Decision classified as material litigation under SEBI regulations
• Outcome strengthens JSW Energy’s compliance and investor confidence
Conclusion
The MERC ruling marks a decisive win for JSW Energy, reinforcing its regulatory standing and financial credibility. By rejecting MSEDCL’s challenge, the commission has provided clarity on billing disputes, ensuring smoother operations for one of India’s leading energy companies.
Sources: Filingreader