Maharashtra State Electricity ... vs Ratnagiri Gas And Power Private Limited

The Supreme Court examined the validity and interpretation of contractual terms within the context of electricity regulation and dispute resolution. The case involved the interplay between the orders of the Central Electricity Regulatory Commission (CERC) and the Appellate Tribunal for Electricity (APTEL), with the Court analyzing the contractual obligations and statutory provisions. The Court emphasized the importance of adhering to statutory orders and contractual terms, ultimately upholding the decisions under review. The judgment clarifies the scope of judicial review in disputes involving regulatory authorities and contractual obligations in the electricity sector.