M/S. Ntpc Ltd vs M.P. State Electiricity Board & Ors

The Supreme Court addressed appeals arising from a common order of the Appellate Tribunal for Electricity under Section 111 of the Electricity Act, 2003, which involved tariff determinations by the Central Electricity Regulatory Commission under Section 62. The Court held that while the Appellate Tribunal correctly disallowed interest claims under Section 62(6), it erred in imposing interest on NTPC for differential amounts based on principles of justice and equity. The Court ultimately upheld the Appellate Tribunal's decision regarding the tariff but clarified the interest issue, leading to a partial dismissal of the appeals.