Supreme Court · 2022 INSC 1219 · Decided 22 November 2022

Karnataka Power Transmission Corporation Limited v. JSW Energy Limited (Earlier Known As Jindal Thermal Power Company Limited & Jindal Tractabel Power Company Limited) & ORS.

Court
Supreme Court of India
Citation
2022 INSC 1219 · [2022] 12 S.C.R. 937
Case number
CIVIL APPEAL No. 8714/2022
Decided
22 November 2022
Bench
K.M. JOSEPH, ANIRUDDHA BOSE, HRISHIKESH ROY (3-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
Contract Act Section 10, 2

Headnote

Karnataka Electricity Reforms Act, 1999 - s.18, Explanation to s.19, s.25(3) r/w s.17(1) and proviso to s.27(2) - Power Purchase Agreement (PPA) into force with effect from 01.06.1999 - Under s.27 of the Act, unless there was a 'concluded contract' as on 01.06.1999, the Karnataka Electricity Regulatory Commission was to regulate the tariff - Whether before the Act came into force, there was a concluded contract

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