Eurotex Industries Faces ₹140 Crore Electricity Dues Demand, Power Cut Risk

Eurotex Industries and Exports Limited has received a significant demand notice for ₹140.45 crore from the Maharashtra State Electricity Distribution Company (MSEDCL) regarding outstanding electricity dues. The company has been given a strict 15-day deadline to pay the full amount to avoid disconnection of power supply to its active manufacturing facility.

What just happened

MSEDCL has issued a demand notice for a total of ₹140.45 crore (₹14,045.15 lakh) towards outstanding electricity dues, including ₹35.18 crore principal and ₹105.27 crore interest until July 20, 2026. The notice, dated July 22, 2026, requires payment within 15 days, failing which power supply to Consumer no. 251019402668 will be disconnected.

Why this matters

The immediate threat of power disconnection poses a severe operational risk. A shutdown of the manufacturing facility would halt production, severely impacting business continuity and financial performance. The large disputed amount adds significant financial uncertainty for shareholders.

The backstory

The company had previously filed a complaint with the Consumer Grievance Redressal Forum (CGRF) concerning a billing dispute. However, the CGRF dismissed the petition on July 9, 2026. Eurotex is now pursuing a resolution by approaching the Electricity Ombudsman.

What changes now

Eurotex Industries must urgently address the MSEDCL demand. While the company disputes the official figure, stating its internal assessment is ₹54.28 crore, including ₹37.48 crore in interest, it needs to secure a stay order or achieve a favourable outcome from the Electricity Ombudsman to prevent operational disruption.

Risks to watch

The primary risk is the potential for operational shutdown if the 15-day deadline passes without a resolution or legal relief. The company's ability to navigate the legal and regulatory process with the Electricity Ombudsman will be crucial.

Peer comparison

While specific peer data on such large electricity demand disputes is not immediately available, issues related to high operational costs and regulatory compliance are common across the manufacturing sector in India.

Context metrics (time-bound)

The total demand notice is ₹140.45 crore, with interest calculated until July 20, 2026. The 15-day payment window began on July 22, 2026. The CGRF dismissed the company's petition on July 9, 2026.

What to track next

Investors should closely monitor the company's progress with the Electricity Ombudsman and any communication or interim orders regarding the MSEDCL demand notice. The outcome of these proceedings will determine the future operational status of the manufacturing facility.

Reader Takeaway: Massive disputed liability and power cut risk introduce significant uncertainty; track Ombudsman's decision.