M/S JAI BHARAT SERVICES LTD. vs PUNJAB STATE ELECT.BOARD

The Supreme Court addressed the issue of electricity tariff and supply voltage for induction furnace industries under the Electricity Act, 2003, specifically referencing Section 61 which mandates the Appropriate Commission to specify tariff terms. The Court held that the Punjab State Electricity Board's circular exempting existing consumers from the 17.5% surcharge for non-conversion to 66 KV was valid and should be honored, thereby protecting the interests of consumers as intended by the 2003 Act. The judgment emphasized the need for regulatory compliance in tariff determination while considering the operational realities of the industries involved.