Gujarat Urja Vikas Nigam Ltd vs Essar Power Limited

The Supreme Court reviewed the appellate proceedings concerning a dispute under Section 125 of the Electricity Act, 2003, involving Gujarat Urja Vikas Nigam Limited and Essar Power Limited. The case traces a lengthy litigation history dating back to 2005, with the appellate tribunal and regulatory commission's orders being challenged. The Court examined the legal validity of the orders and the contractual obligations under the Power Purchase Agreement. Ultimately, the Court's decision clarified the legal standing of the parties and the enforceability of the agreements involved.