Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption Updated On Wed, Aug 21st, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […] Read more