Maharashtra Electricity Regulatory Commission is a governing body to control certain regulatory and safety functions in Maharashtra based in Mumbai. It was incorporated under the Electricity Regulatory Commission Act, 1998, of Central Act in August 1999. In 2003, it was continued as regulatory body under Section 82 of the Electricity Act. It was established to promote competition, efficiency and economy in the power sector. It also regulates tariffs of power generation, transmission and distribution in Maharashtra. From Wikipedia