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.