Supreme Court · 2019 INSC 654 · Decided 9 May 2019
Power Grid Corporation of India v. Tamil Nadu Generation and Distribution CO. LTD. & ORS. ETC. Etc
- Court
- Supreme Court of India
- Citation
- 2019 INSC 654 · [2019] 7 S.C.R. 724
- Case number
- CIVIL APPEAL No. 684/2007
- Decided
- 9 May 2019
- Bench
- N.V. RAMANA, MOHAN M. SHANTANAGOUDAR, INDIRA BANERJEE (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Electricity Regulatory Commission Act, 1998 - Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2001 - rr. 1.3 and 1.7 - Foreign Exchange Rate Variation equity - Apportionment of - Appellant contended that any foreign exchange get added to the capital cost and not individually to debt or equity - It was further contended that this capital cost is thereafter divided into debt and equity, on the basis of a normative debt-equity
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