M/S WARYAM STEEL 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 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 under Section 61 of the 2003 Act, affirming the Board's acceptance of recommendations to not impose the surcharge on existing consumers.