Supreme Court · 2021 INSC 644 · Decided 8 October 2021
Maharashtra State Electricity Distribution Company Limited v. Maharashtra Electricity Regulatory Commission & ORS.
- Court
- Supreme Court of India
- Citation
- 2021 INSC 644 · [2021] 5 S.C.R. 1056
- Case number
- CIVIL APPEAL No. 1843/2021
- Decided
- 8 October 2021
- Bench
- INDIRA BANERJEE, V. RAMASUBRAMANIAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- CPC Section 100; Electricity Act Section 125
Headnote
Electricity Act, 2003: s.125 - Appeal to Supreme Court - Interference with - Power purchase agreements - Change in law -On facts, petition u/s. 86 by the Company seeking that the change in interest rate system by the RBI from Prime Lending Rate (PLR) to Base Rate and then to Marginal cost of funds based lending rate (MCLR) constituted change in law under the power purchase agreements between the appellant and the "Power Generating
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