ORISSA STATE ELECTRICITY BOARD vs M/S IPISTEEL LTD.

The Supreme Court upheld the Orissa High Court's decision declaring the proviso to Regulation 46 of the Orissa State Electricity Board (General Conditions of Supply) Regulations, 1981, as unreasonable and arbitrary. The Court emphasized that the Board must revise the bills based on actual energy consumption, as stipulated in the agreement under Section 22-B of the Indian Electricity Act, 1910 and Section 78(A) of the Electricity (Supply) Act, 1948. The ruling reinforces the principle that regulatory provisions must align with equitable distribution and actual supply capabilities.