M/S KRISHNA ALLOYS PVT. LTD. vs PUNJAB STATE ELECTRICITY BOARD

The Supreme Court addressed the issue of electricity tariff and supply voltage for induction furnace industries under the Electricity Act, 2003. It held that the Punjab State Electricity Board's circular mandating conversion to 66 KV for consumers with loads above 1500 KVA was not applicable to existing consumers as of June 1995, thus exempting them from the 17.5% surcharge. The Court emphasized the need for consumer protection and rationalization of tariffs as per Section 61 of the 2003 Act, affirming the recommendations of the High Powered Committee and the Board's acceptance of these recommendations.