JSW Energy Wins ₹250 Crore Payout After Supreme Court Ruling Against MSEDCL Tariff Dispute

The Supreme Court has directed Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to pay ₹250 crore as interim relief to JSW Energy in an ongoing tariff-related dispute involving the company’s Ratnagiri power plant, as per The CNBC TV 18 reports. 

The order was passed on April 30, 2026, and uploaded on the court’s website on May 5. The matter is linked to tariff payments under a power purchase agreement signed between the 2 parties on February 23, 2010. 

Dispute Linked to MERC Order 

The case originates from an order issued by the Maharashtra Electricity Regulatory Commission (MERC) on December 24, 2025.  

In that ruling, the commission rejected MSEDCL’s position regarding the applicability of directions issued by the Centre under Section 11 of the Electricity Act, 2003, to JSW Energy’s Ratnagiri unit. 

MERC also directed MSEDCL to make tariff payments in accordance with the existing power purchase agreement.  

The order further stated that the distribution company would be required to pay the applicable late payment surcharge. 

Proceedings Before APTEL 

Following the MERC order, MSEDCL filed an appeal before the Appellate Tribunal for Electricity (APTEL). The utility sought an interim stay on the regulatory commission’s directions during the pendency of the proceedings. 

However, APTEL declined to grant interim relief to MSEDCL. The state-run distribution company subsequently approached the Supreme Court through a civil appeal challenging the tribunal’s interim order. 

Court Asks Tribunal to Reconsider Plea 

While disposing of the civil appeal, the Supreme Court directed MSEDCL to make the interim payment of ₹250 crore to JSW Energy. The court also asked APTEL to re-hear the interim application filed by the distribution company. 

The dispute will continue before the appellate tribunal, which is expected to reconsider MSEDCL’s request concerning the implementation of the MERC order. 

Read More: InterGlobe Aviation Share Price Gains Over 3% on ECLGS Approval! 

JSW Energy Share Price Performance  

As of May 6, 2026, 1:29 pm, JSW Energy share price was trading at ₹566.35, up 0.78% from the previous closing price. 

Conclusion 

The case relates to tariff recovery and payment obligations under a long-term electricity supply agreement. The Supreme Court’s latest direction provides interim financial relief to JSW Energy while the matter remains under consideration before APTEL. 

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