Daily News Wrap-Up: MERC Approves Tariff for 1,500 MWh BESS Procurement

The Maharashtra Electricity Regulatory Commission approved the Maharashtra State Electricity Distribution Company’s (MSEDCL) petition to procure 250 MW/500 MWh battery storage capacity with an additional 500 MW/1,000 MWh greenshoe capacity at a tariff of ₹219,001 (~$2,560)/MW/month for 12 years.