The Supreme Court ruled that CERC’s 13% tariff cap does not nullify Himachal Pradesh’s contractual right to 18% free power from JSW Hydro. Contractual obligations prevail over regulatory limits, the Court emphasized.
The Supreme Court ruled that CERC’s 13% tariff cap does not nullify Himachal Pradesh’s contractual right to 18% free power from JSW Hydro. Contractual obligations prevail over regulatory limits, the Court emphasized.