GRID CORPN. OF ORISSA LTD.&ORS vs EASTERN METALS & FERRO ALLOYS & ORS ETC.

The Supreme Court interpreted the Orissa Electricity Reform Act, 1995, particularly Section 14(iv), which allows the State Government to issue provisional licenses for electricity supply. The Court held that the provisional licenses issued to GRIDCO were valid and that the revised tariff rates set by GRIDCO under the notification dated 13.5.1996 were lawful, as they complied with the provisions of the Act. The judgment clarified the authority of the State Government and the regulatory framework for electricity tariffs in Orissa.