Punjab State Electricity Board vs National Thermal Power Corporation ...

The Supreme Court held that the High Court's interim order staying the operation of the Central Electricity Regulatory Commission's tariff norms under the Electricity Regulatory Commissions Act, 1998 was illegal, as Section 16 does not empower the High Court to issue such a stay. The Court emphasized that the Commission's order, which aimed to ensure fair tariffs while safeguarding consumer interests, must be upheld unless there is a clear legal basis for interference. The appeals by the Punjab State Electricity Board were allowed, and the High Court's interim order was set aside.