M/S. NTPC LTD. vs M.P. STATE ELECTIRICITY BOARD .

The Supreme Court addressed appeals arising from the Appellate Tribunal for Electricity's order under Section 111 of the Electricity Act, 2003, which determined tariff disputes between NTPC Ltd. and various State Electricity Boards. The Court upheld the Tribunal's finding that NTPC was liable to pay interest on differential tariff amounts, despite the Central Commission's earlier disallowance under Section 62(6). The Court emphasized principles of justice, equity, and fair play in its ruling, thereby affirming the Tribunal's decision and dismissing NTPC's appeals.