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Bombay High Court quashes MERC order on renewable energy banking

market hours1 source ↓written by the desknot a recommendation

initially passed
28 March 2025

The Bombay High Court has set aside the Maharashtra Electricity Regulatory Commission's multi-year tariff review order, which was initially passed on 28 March 2025. This ruling allows renewable energy banking to continue without restrictions, potentially benefiting the renewable energy sector significantly. Traders may see increased activity in related stocks as a result of this decision.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Nov 2025, 15:06 IST.

Sourcesnews.google.com

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