Energy Watchdog vs Central Electricity Regulatory ...

The Supreme Court examined the applicability of Section 63 of the Electricity Act, 2003, which mandates a transparent competitive bidding process for power procurement and tariff determination. The Court held that the Central Electricity Regulatory Commission must adopt the tariff resulting from such competitive bidding, emphasizing the importance of adhering to the guidelines issued by the Central Government. The judgment affirmed the validity of the bidding process and the resultant tariffs, dismissing the appeals against the Appellate Tribunal for Electricity's decision.