Merc Directive Puts Mseb In A Tight Spot

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BUSINESS STANDARD
Last Updated : Aug 09 2001 | 12:00 AM IST

A recent ruling by the Maharashtra Electricity Regulatory Commission (MERC) asking the Maharashtra State Electricity Board (MSEB) to release all agreements and associated documents related to the Dabhol Power Company (DPC) has put the MSEB in a tight spot.

The MSEB received a letter from DPC on Tuesday informing it that releasing documents related to the power purchase agreement (PPA) would amount to a breach of the confidentiality clause signed between the two organisations.

MSEB chairman Vinay Bansal stated:

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First Published: Aug 09 2001 | 12:00 AM IST

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