Mahavitaran suffered a set back after Maharashtra Electricity Regulatory Commission (MERC) rejected its petition to recover fuel adjustment charge from bulk power consumers in the month of consumption.
The State run power distribution company had approached MERC saying the current formula of billing of FAC for consumption of n-2 month in n month is resulting in losses. Further it had asked for including of transmission charges in FAC to arrive at correct calculation of actual power charges.
Commission in its order noted that as FAC was notified through multi year tariff regulations 2015, same cannot be amended through an order and hence disallowed the petition. Read More