Maharashtra State Electricity ... vs Union Of India

The Supreme Court upheld the decision of the Appellate Tribunal for Electricity, affirming the Maharashtra State Electricity Regulatory Commission's order that quashed several circulars imposing 'take or pay' obligations on captive power plant holders. The court reasoned that these circulars lacked the necessary approval under the Electricity Regulatory Act, 1998, thus rendering them invalid. Consequently, the Maharashtra State Electricity Distribution Company Limited was directed to refund amounts to the affected parties.