Supreme Court of India · 2016-10-18
The Electricity Department, Rep. By Its ... vs M/S Suryachakra Power Corporation Ltd ...
- Court
- Supreme Court of India
- Petitioner
- The Electricity Department, Rep. By Its ...
- Respondent
- M/S Suryachakra Power Corporation Ltd ...
- Bench
- Rohinton Fali Nariman, Kurian Joseph
Judgment text excerpt
The Supreme Court upheld the Appellate Tribunal's judgment regarding project costs but modified it by deleting additional interest during construction and financing costs, resulting in a revised project cost of Rs. 74.96 crores. The Court directed the Joint Electricity Regulatory Commission to complete pending adjudication within six weeks, with specific instructions for disbursement of Rs. 15 crores deposited by the appellant. The appeal was disposed of without costs.