U.P.Power Corporation Ltd vs National Thermal Power Corp.Ltd.& Ors

The Supreme Court addressed the powers of the Central Electricity Regulatory Commission under the Electricity Regulation Commissions Act, 1998, particularly regarding the revision of tariffs for the National Thermal Power Corporation. The Court held that the Central Commission has the authority to revise tariffs based on recommendations from a High Level Committee, with retrospective effect from January 1, 1997, affirming the Commission's role in regulating and adjudicating tariff matters. The judgment clarified the scope of the Commission's powers under Section 13 of the 1998 Act, emphasizing its extensive regulatory and adjudicatory functions.