JSW Energy Limited has informed the Exchange about update on material litigation under Regulation 30(4) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations)
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JSW Energy had won a case at the Maharashtra Electricity Regulatory Commission (MERC) on December 24, 2025, where MERC rejected the petition filed by Maharashtra State Electricity Distribution Company Limited (MSEDCL) seeking to quash invoices raised by JSW Energy, and instead allowed JSW Energy's petition. Now, on January 9, 2026, the company has been served with a copy of an appeal filed by MSEDCL against the MERC order before the Appellate Tribunal for Electricity (APTEL). This means the dispute over the power distribution invoices is moving to the next legal stage. The matter is regulatory in nature, relating to invoicing between JSW Energy and a state distribution utility.
JSW Energy currently holds a favorable ruling from MERC, which is positive for the company. However, since MSEDCL has appealed to APTEL, the final outcome remains uncertain and the legal process will continue. Shareholders should track further developments, as an adverse ruling at APTEL could affect receivables from MSEDCL.