The Maharashtra Electricity Regulatory Commission (MERC) has rejected Avaada MH Sustainable’s (Avaada Energy) petition seeking compensation of ₹477.5 million (~$5.09 million) for additional expenditure incurred due to a change-in-law event arising from an increase in Goods and Services Tax (GST). The Commission said that Avaada failed to notify Maharashtra State Electricity Distribution Company (MSEDCL) regarding the change-in-law event within the stipulated time as per the power purchase agreement (PPA).
