By BasisPoint Insight
June 26, 2025 at 8:10 AM IST
Four step-down wholly-owned subsidiaries of JSW Energy Ltd. have filed writ petitions in the Andhra Pradesh High Court challenging provisions under the Electricity (Late Payment Surcharge and Related Matters) Rules, 2022, the company said in an exchange filing on Wednesday.
The subsidiaries—Mytrah Vayu (Tungabhadra) Pvt. Ltd., Mytrah Vayu (Krishna) Pvt. Ltd., Mytrah Vayu (Pennar) Pvt. Ltd. and Mytrah Vayu (Indravati) Pvt. Ltd.—are contesting the denial of dues totalling around ₹5.07 billion by Southern Power Distribution Company of Andhra Pradesh Ltd. and the Andhra Pradesh Power Coordination Committee. The disputed amount includes a late payment surcharge.