Nabha Power Limited vs Punjab State Power Corporation Ltd

The Supreme Court upheld the decision of the Appellate Tribunal for Electricity, confirming the Punjab State Electricity Regulatory Commission's order regarding the Mega Power Policy and the implications of Customs Notification No. 21/2002 dated 01.03.2002. The Court clarified that exemptions from customs duty under Section 25 of the Customs Act are applicable only when specific conditions are met, including certification by a Joint Secretary in the Ministry of Power. The appeal was dismissed, affirming the regulatory framework governing Mega Power Projects.