JSW Energy Limited Receives Interim Payment Order From Supreme Court
On May 5, 2026, JSW Energy Limited reported a significant development regarding its ongoing litigation. The Company noted that the Hon'ble Supreme Court disposed of a civil appeal filed by Maharashtra State Electricity Distribution Company Limited (MSEDCL).The Supreme Court's order, dated April 30, 2026, disposed of the civil appeal after the appeal had been challenging an interim order passed by the Appellate Tribunal for Electricity (APTEL).
The key directives issued by the Supreme Court include:
- Directing MSEDCL to make an interim part payment of Rs 250 crores to JSW Energy Limited.
- Requesting APTEL to re-hear the interim application filed by MSEDCL.
This development relates to the Company's earlier appeal regarding an order passed by the Maharashtra Electricity Regulatory Commission (MERC) on December 24, 2025. That MERC order had rejected MSEDCL's contention on the applicability of a Central Government direction concerning JSW Energy Limited's unit at Ratnagiri, and had directed MSEDCL to pay tariff as per the provisions of the Power Purchase Agreement dated February 23, 2010, along with applicable Late Payment Surcharge.
JSWENERGY Stock Price Movement
JSW Energy Limited shares today slipped by 0.05% to settle at ₹561.95. The stock recorded a total traded volume of 2.08 million shares, showing consistent activity for the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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