DELHI ELECTRICITY REGULATORY COMMISSION vs M/S BSES YAMUNA POWER LTD. .

The Supreme Court addressed the appeal regarding the reduction of the depreciation rate by the Delhi Electricity Reforms Commission (DERC) from 6.69% to 3.75%. The Court examined the provisions of the Electricity (Supply) Act, 1948 and the Delhi Electricity Reforms Act, 2000, determining that DERC acted within its authority to amend the depreciation rates as per the guidelines set forth by the Ministry of Power. The Court upheld DERC's decision, affirming its role in tariff fixation and the legal framework governing depreciation rates.