M/S Penna Electricity Ltd.(Now M/S ... vs Tamilnadu Electricity Board

The Supreme Court examined an appeal under Section 125 of the Electricity Act, 2003, concerning the non-payment of fixed and variable charges by the Tamil Nadu Electricity Board to the appellant, M/S Penna Electricity Ltd. The appellant sought recovery of substantial amounts for power generation during specific periods. The Appellate Tribunal for Electricity dismissed the appeal, and the Court analyzed the statutory provisions and contractual obligations involved. The judgment underscores the importance of adherence to payment obligations under electricity supply agreements and statutory provisions.