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

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2022 Supreme(SC) 1182

K. M. JOSEPH, ANIRUDDHA BOSE, HRISHIKESH ROY
Karnataka Power Transmission Corporation Limited – Appellant
Versus
JSW Energy Limited (Earlier Known As Jindal Thermal Power Company Limited & Jindal Tractabel Power Company Limited) – Respondent

Advocates appeared:
For the Parties : Mr. S. S. Naganand, Sr. Adv. Mr. Raghavendra S. Srivatsa, AOR Mr. Venkita Subramoniam T.R., Adv. Mr. Pai Amit, Adv. Mr. Likhi Chand Bonsle, Adv. Ms. Komal Mundhra, Adv. Mr. Saurabh Agrawal, Adv. Mr. Rahat Bansal, Adv. Mr. V. N. Raghupathy, AOR Mr. Mahendra Pal Gupta, Adv. Mr. Dhanesh Ieshdhan, Adv. Mr. Dhiraj Abraham Philip, Adv. Mr. Rahul Prasanna Dave, AOR Mr. L. Vishwanathan, Adv. Mr. Ramanuj Kumar, Adv. Mr. Sumit Attri, Adv. For M/S. Cyril Amarchand Mangaldas, AOR

Table of Content
1. overview of the parties involved and nature of the appeals. (Para 1 , 2 , 3 , 4)
2. details of the power purchase agreements and negotiations. (Para 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15)
3. government approvals and relevant statutory provisions. (Para 18 , 19 , 20)
4. judicial analysis on concluded contracts and tariffs. (Para 30 , 41 , 60)
5. final decision and order by the court. (Para 118 , 119)

K.M. JOSEPH, J.

2. The appellant, in appeal arising out of SLP (C) No. 18607/04, is the Karnataka Power Transmission Corporation Limited and hereinafter referred to as ‘the appellant’.

4. By the impugned order, the High Court has set aside the order dated 22.05.2002 and the order dated 08.07.2002 which are orders passed by the Karnataka Electricity Regulatory Commission (hereinafter referred to as ‘Commission’ for brevity). The Commission is the appellant in the other appeal. The High Court has after setting aside the impugned orders directed the appellant, to comply with the tariff rate specified in the order of the Government of Karnataka (hereinafter referre

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2022 Supreme(SC) 1182

K. M. JOSEPH, ANIRUDDHA BOSE, HRISHIKESH ROYKarnataka Power Transmission Corporation Limited – AppellantVersusJSW Energy Limited (Earlier Known As Jindal Thermal Power Company Limited & Jindal Tractabel Power Company Limited) – Respondent

Cases Referred (12)

K. M. JOSEPH, ANIRUDDHA BOSE, HRISHIKESH ROY
Karnataka Power Transmission Corporation Limited – Appellant
Versus
JSW Energy Limited (Earlier Known As Jindal Thermal Power Company Limited & Jindal Tractabel Power Company Limited) – Respondent