Supreme Court · 2010 INSC 562 · Decided 31 August 2010

Grid Corporation of Orissa LTD. and ORS. v. Eastern Metals and Ferro Alloys and ORS.

Court
Supreme Court of India
Citation
2010 INSC 562 · [2010] 10 S.C.R. 779
Case number
CIVIL APPEAL No. 5842/1998
Decided
31 August 2010
Bench
R.V. RAVEENDRAN, H.L. GOKHALE (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil

Headnote

Orissa Electricity Reform Act, 1995: s.14(iv) - Provisional licence issued by State Government in exercise A B of power under s. 14(iv) - Words "charges made by the C licencee not to exceed on average 117% of those permitted under the interim tariffs in force on 1.4.1996" 9. 1 of the licence - Correct interpretation of - Held: The use of the words "charges made by the licencee" and the words "shall not exceed on average 117%" necessarily indicates that D the rates fixed by the licencee should not result in an increase in realization or revenue

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