Bhaskar Shrachi Alloys Limited vs Damodar Valley Corporation

The Supreme Court addressed appeals against the Appellate Tribunal's judgment regarding tariff determination under Section 61 and 62 of the Electricity Act, 2003, and the Damodar Valley Corporation Act, 1948. The Court held that the Central Electricity Regulatory Commission (CERC) has the authority to determine tariffs, and the Corporation's prior tariff order was inconsistent with the provisions of the 2003 Act. The Court affirmed the CERC's jurisdiction and the necessity for compliance with the new statutory framework, thereby upholding the Tribunal's decision.