The Government of India, Ministry of Commerce, vide Notification dated 03 Mar 2010, changed the status of the MIHAN-SEZ Developers as Deemed Distribution Licensee.
In pursuance of the above, MADC approached the Hon'ble Maharashtra Energy Regulatory Commission (MERC).
On 3 Dec 2013, the MERC notified, the MERC (Specific conditions of Distribution Licensee applicable to Maharashtra Airport Development Company Limited for MIHAN SEZ) regulations, 2013 which inter-alia recognizes that MADC's license shall remain valid for a period of 25 years with effect from 29 May 2007 or unless such license is revoked, whichever is earlier.
