The Supreme Court has deferred the hearing of a plea filed by Maharashtra State Electricity Distribution Company (MSEDCL) against a Maharashtra Electricity Regulatory Commission (MERC) order directing it to pay around ₹600 crore to JSW Energy in a tariff dispute. According to reports from CNBC TV18, the matter has now been deferred to September 10, while the MERC order remains in effect. The dispute dates back to December 2025, when MERC rejected MSEDCL's plea seeking to quash invoices raised by JSW Energy and allowed the power producer's petition. As per CNBC TV18, the order effectively required MSEDCL to make payments of around ₹600 crore to JSW Energy, including tariff dues under the power purchase agreement and applicable late-payment surcharge.
The order effectively required MSEDCL to make payments of around ₹600 crore to JSW Energy, including tariff dues under the power purchase agreement and applicable late-payment surcharge. As reported by CNBC TV18, MSEDCL subsequently challenged the decision before the Appellate Tribunal for Electricity (APTEL). The case took an unusual turn during APTEL proceedings when MERC indicated that its December 2025 order could be legally unsustainable and sought permission to reconsider the order. MSEDCL had sought to withdraw its APTEL appeal with liberty to approach MERC for a review, but APTEL refused to grant the review route.
The dispute had also reached the Supreme Court earlier this year. On April 30, 2026, the apex court directed MSEDCL to make an interim part-payment of ₹250 crore to JSW Energy and asked APTEL to reconsider MSEDCL's interim application. According to CNBC TV18, the Supreme Court order followed MSEDCL's challenge to an APTEL interim order that had rejected its plea seeking a stay on the MERC order. MERC had earlier held that the Centre's direction under Section 11 of the Electricity Act, 2003, did not apply to JSW Energy's Ratnagiri unit and had directed MSEDCL to pay the tariff under the power purchase agreement dated February 23, 2010, along with the applicable late-payment surcharge.
Earlier this month, JSW Energy announced that it had added 1,166 MW of renewable capacity since April 2026, taking renewables to around 60% of its total installed capacity. As reported by CNBC TV18, following the acquisition of Maruti Clean Coal and Power, JSW Energy's total installed generation capacity stands at 14,920 MW. Its renewable portfolio includes wind, solar, hybrid and hydro capacity, while thermal capacity stands at 5,958 MW. The company remains on track to add 3 GW of greenfield capacity in FY27.
Shares of JSW Energy ended 0.26% higher at ₹546.10 on Tuesday, according to CNBC TV18. The stock has gained nearly 9% so far in 2026. The positive market response reflects investor confidence in the company's operational performance and ongoing legal proceedings regarding the tariff dispute.
