MERC Rejects Textile Firm’s Plea for CUF Waiver, PPA Amendment Updated On Wed, Feb 8th, 2023 by Saurenergy MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state electric power distribution company MSEDCL. The firm was also hoping […] Read more