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MERC Rejects Avaada’s ₹477 Million Change-in-Law Compensation Claim

The Maharashtra Electricity Regulatory Commission (MERC) has rejected Avaada MH Sustainable’s (Avaada Energy) petition seeking compensation of ₹477.5 million (~$5....

April 23, 2026

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Melvin Mathew

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Markets & Policy

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Solar

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