What sectors does Growthifye cover?

We work across the clean-energy value chain — utility-scale solar and wind, battery energy storage (BESS), power transmission networks, and the green financing structures that fund them.

Do you handle both engineering and financing?

Yes. Our differentiator is combining engineering-led advisory and EPC with an in-house green financing and debt syndication desk, so technical and financial workstreams stay aligned all the way to financial close.

Can you support transmission and grid connection?

Absolutely. We engineer HV substations and transmission lines, run grid connection and evacuation studies, and manage the interface with utilities and grid operators.

What does green financing include?

Sustainability-linked loans, green debt, blended finance and non-recourse project finance — structured, syndicated and negotiated to secure competitive, long-tenor capital.

How do we start working with you?

Share your project or mandate through the contact form or WhatsApp. We'll set up a discovery call and outline a tailored engagement across advisory, engineering, EPC or financing.

All MERC orders

Original order PDF

GROWTHIFYE ONE-PAGER·MERC · Maharashtra·MYT·Case 226 of 2022·Order dated 2023-04-28

MERC corrects 12 typographical/clerical errors in MSEDCL's 31-Mar-2023 MTR Tariff Order; no ARR impact

Case of Maharashtra State Electricity Distribution Company Limited for Final True Up of FY 2019-20, FY 2020-21 & FY 2021-22, Provisional True Up for FY 2022-23 and Revised Tariff & Projection for FY 2023-24 to FY 2024-25 under Section 62 of The Electricity Act, 2003 and MERC MYT Regulations, 2019

Background · what was sought

MERC had issued a Mid-Term Review (MTR) Tariff Order dated 31 March 2023 in Case 226 of 2022, truing-up MSEDCL's ARR for FY19-20 to FY21-22, provisional true-up for FY22-23, and revised tariffs for FY23-24 and FY24-25. Post-issuance, MSEDCL and the Commission identified typographical/clerical errors in tariff tables, rate schedules and applicability clauses of the Order. This Corrigendum corrects those errors.

What the Commission decided

Corrected LT VII(B) Public Services-Others energy charges: >20-≤50kW to ₹9.40/kWh (FY23-24) and ₹9.78/kWh (FY24-25); >50kW to ₹9.74/kWh (FY23-24) and ₹10.13/kWh (FY24-25)
Restored missing '$$' reference linking LT-Residential Additional Fixed Charge note (₹200/10kW FY23-24, ₹205/10kW FY24-25) to the rate schedule
Corrected numbering and wording of LT II Non-Residential/Commercial applicability clauses (milk collection/refrigeration/storage centres) and LT III housing societies clause (developer/s)
Corrected Fixed/Demand Charge unit for LT VII(B)(i) <20kW from Rs/kVA/month to Rs/month, and HT Wheeling Charge units from Rs/kWh to Rs/kVAh for HT I, II, IV, VIII(A), VIII(B) and IX categories
Replaced 'calendar year' with 'financial year' in Contract Demand penalty clause per Supply Code Regulations, 2021, and clarified incremental consumption rebate applies at ₹0.75/kVAh (HT) and ₹0.75/kWh (LT)
Aligned Clauses k-n of 'Rebate on Incremental Consumption' with para 7.13.22 modalities and added new Clauses o and p on treatment of temporary/permanent disconnection periods for baseline computation

Way forward agreed by the Commission

MSEDCL to apply corrected energy charges for LT VII(B) subcategories in billing from respective effective dates
MSEDCL to update Tariff Schedule/Annexure-1 rate cards to reflect corrected units (Rs/month; Rs/kVAh) and clause numbering/wording
MSEDCL to apply 'financial year' (not calendar year) basis for Contract Demand penalty per Supply Code Regulations, 2021
MSEDCL to operationalize incremental consumption rebate per corrected Clause 'a' and newly added Clauses o and p for TD/PD consumers
No separate compliance filing required as corrections are clarificatory/typographical with no ARR impact

What it means for C&I buyers, OA users & developers

• C&I consumers in LT VII(B) Public Services-Others slabs (>20-≤50kW and >50kW) must note revised energy charges for FY23-24 and FY24-25 billing
• HT C&I consumers (Industry, Commercial, PWW/STP, EV charging, etc.) will be billed Wheeling Charges in Rs/kVAh, consistent with kVAh-based billing already applicable
• Contract Demand penalty exceedance count now runs on a financial-year (not calendar-year) cycle, affecting demand management planning
• Partial Open Access consumers remain eligible for the incremental consumption rebate (₹0.75/kWh or kVAh) subject to the ₹4.75/kVAh minimum variable charge floor and baseline/TD-PD conditions clarified in this corrigendum

Growthifye take

This is a housekeeping corrigendum, not a substantive tariff revision—MERC explicitly states no ARR impact. However, C&I buyers billed under LT VII(B) or HT wheeling categories should immediately reconcile invoices against corrected rates/units to avoid billing disputes with MSEDCL. Open-access and PPA structuring teams should also flag the financial-year-based Contract Demand penalty clarification and the tightened incremental-consumption rebate conditions (TD/PD baseline treatment) when modeling load and demand charges for FY23-24/24-25.

Growthifye does not take responsibility for the accuracy of this information. Values are compiled from tariff orders published on the websites of State Electricity Regulatory Commissions and distribution licensees (plus CEA / MoP / Grid-India), parsed automatically and shown with their source. Always verify against the signed order before any commercial decision. This one-pager is a Vidura-assisted summary of the official order; the signed order prevails.