The statement is true. Once the Petition is completed and submitted, it is admitted by MERC (Maharashtra Electricity Regulatory Commission). Following this, a Notice is published in prominent newspapers and on the Commission and Utility websites, inviting suggestions and objections from the public. A public hearing is then organized by MERC, where any member of the general public can participate and represent their views on the tariff petition. This process is in accordance with the prevailing MYT (Multi-Year Tariff) Regulations.