M/S Southern Ispat Ltd vs State Of Kerala & Ors

The Supreme Court upheld the policy of the Kerala State Government as per G.O. (MS) No.4/92/ID dated 6.2.1992, which exempts new industrial units from enhanced power tariffs for five years, emphasizing the need for such incentives to promote industrial growth. The Court clarified that eligibility for these concessions must be certified by relevant authorities, and the policy applies to manufacturing units only, excluding service and entertainment sectors. The appeal against the dismissal of the writ was therefore rejected, affirming the High Court's decision.