Representational image. Credit: Canva
ACME Heergarh Powertech Pvt. Ltd. and ACME Solar Holdings Pvt. Ltd. (collectively referred to as “ACME”) have filed a petition under Section 86 of the Electricity Act, 2003, and their Power Purchase Agreement (PPA) dated August 21, 2019, against Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL). The petition seeks an injunction to prevent MSEDCL from levying penalties on ACME for the fiscal year 2022-23 due to a…
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