NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company4d ago · 1 Aug 2026, 10:20 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Tata Power Company Limited · TATAPOWER
✦ AI Summary▼ NegativeLitigation
Tata Power Company Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. The company is involved in a dispute with the Maharashtra Electricity Regulatory Commission (MERC) regarding a Multi-Year Tariff (MYT) Order. The Appellate Tribunal for Electricity (APTEL) has delivered a judgment in favor of MERC, which may result in a financial implication of approximately 268 crore.
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Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk5/10
Liquidity Impact4/10
Market Sentiment3/10
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Tata Power Company Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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VPTPCL_01082026222020_Disclsoure_under_Reg_30_Judgement_pass_by_APTEL.pdf
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August 1, 2026
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department Exchange Plaza, C-1, Block G,
Phiroze Jeejeebhoy Towers Bandra-Kurla Complex,
Dalal Street Bandra (East)
Mumbai – 400 001. Mumbai – 400 051.
Scrip Code: 500400 Symbol: TATAPOWER
Dear Sir/Madam,
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
This disclosure is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended, read with SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (‘SEBI Circular’) are
mentioned below:
Sr. No. Particulars Details
a) Brief Details of Litigation
Name(s) of the opposing party Maharashtra Electricity Regulatory Commission
(MERC)
Court/ Tribunal / Agency where Appellate Tribunal for Electricity (APTEL)
litigation is filed
Brief details of dispute / litigation The APTEL delivered its judgment in the appeal filed by
The Tata Power Company Limited (TPCL) challenging
the MERC Multi-Year Tariff (MYT) Order dated August
8, 2016. APTEL held that MERC had incorrectly
Disallowed Property Tax as an Uncontrollable O&M
expense and Disallowed Income Tax for the period FY
2007-08 to FY 2013-14.
Accordingly, APTEL has remanded these matters to
MERC and directed MERC to pass order on the issues
expeditiously.
b) Expected financial implications, if Nil
any, due to compensation,
penalty, etc.
c) Quantum of claims, if any Approx. 268 crore, however, the final amount, will
crystallize upon completion of the remand
proceedings and issuance of MERC's order.
This is for your information and records.
Yours Sincerely,
For The Tata Power Company Limited
Vispi S. Patel
Company Secretary
FCS 7021