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2025 Supreme(SC) 1159

PAMIDIGHANTAM SRI NARASIMHA, SANDEEP MEHTA
BSES Rajdhani Power Ltd. – Appellant
Versus
Union Of India – Respondent


JUDGMENT :

Table of Contents

1. Introduction.

2. Concept of a Regulatory Asset.

3. Facts.

4. Submissions of Parties

Impleadment of the State Commissions and Governments.

5 (i). Affidavits by State Commissions.

6. Law Governing the Electricity Sector Prior to 2003.

7. ELECTRICITY ACT , 2003.

8. Provisions of the ELECTRICITY ACT relating to determination of Tariff.

9. Provisions of Act, Policies, Rules, Regulations, and Orders having a bearing on creation of a Regulatory Asset.

9 (i). National Electricity Policy, 2005.

9 (ii). National Tariff Policy, 2006.

9 (iii). DERC Tariff Determination Regulations , 2007.

9 (iv). DERC Statutory Advice dated 15.12.2010.

9 (v). Ministry of Power’s Letter to the APTEL.

9 (vi). APTEL’s Order dated 11.11.2011.

9 (vii). DERC Tariff Determination Regulations , 2011.

9 (viii). DERC’s Tariff Order dated 26.08.2011 (FY 2011-12).

9 (ix). DERC’s MYT Order dated 13.07.2012 (FY 2012-15).

9 (x). DERC’s Statutory Advice dated 01.02.2013.

9 (xi). DERC’s Tariff Order dated 31.07.2013 (FY 2013-14).

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