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Supreme Court Dismisses Appeal of Rajasthan Discoms Against APTEL Order Granting Change in Law Compensation to Power Generator. Interpretation of PPA Articles 10.2.1 and 10.5.1(ii) regarding supplementary bill and carrying cost is covered by earlier decisions.

The Supreme Court dismissed an appeal filed by Jaipur Vidyut Vitran Nigam Ltd. and other Rajasthan Discoms against an order of the Appellate Tribunal ...

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Supreme Court Allows State Appeal in U.P. Excise Act Interest Dispute, Holding Licensee Liable for Interest Despite Interim Stay. Interest on Arrears of Excise Revenue is Payable Under Section 38A of U.P. Excise Act, 1910, as Interim Stay Only Suspended Recovery Without Nullifying Statutory Obligation.

The dispute arose from the respondent's license for retail sale of country liquor in Uttar Pradesh for the year 2002-03. The respondent applied for su...

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Supreme Court Allows Carrying Cost in Change in Law Claims Under PPA — Restitutionary Principle Upheld. Article 13.2 of Power Purchase Agreement Entitles Generating Company to Carrying Cost from Date of Change in Law Till Approval.

The case involves appeals by Uttar Haryana Bijli Vitran Nigam Ltd. and Dakshin Haryana Bijli Vitran Nigam Ltd. (Haryana Discoms) and Gujarat Urja Vika...