THE ELECTRICITY DEPARTMENT, REP. BY ITS SUPERINTENDING ENGINEER, PORT BLAIR vs M/S SURYACHAKRA POWER CORPORATION LTD

The Supreme Court upheld the Appellate Tribunal's project cost determination, reducing it to Rs. 74.96 crores by excluding additional interest during construction, financing charges, and incidental expenses as per the earlier judgment in Civil Appeal No. 1652 of 2015. The Court directed the Joint Electricity Regulatory Commission to complete adjudication proceedings within six weeks regarding a deposit of Rs. 15 crores, with specific instructions for disbursement based on the Commission's findings. The appeal was disposed of without costs.