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SUPREME COURT
DY Chandrachud, CJ, Vikram Nath, J
Bangalore Electricity Supply Company Limited – Appellant
Versus
Karnataka Renewable Energy Development Limited – Respondent
| Table of Content |
|---|
| 1. appeals arise from commission tariff disputes. (Para 1 , 2 , 3) |
| 2. arguments consider commissioning and tariff regulations. (Para 10 , 11 , 12) |
| 3. interpretation of contract timelines is critical. (Para 15 , 18 , 19) |
| 4. scheduled date calculations focus on contractual terms. (Para 20) |
| 5. the court upheld the appellate tribunal's decisions. (Para 22) |
1. These appeals arise out of a judgment of the Appellate Tribunal for Electricity at Delhi by which the order passed by the Karnataka Electricity Regulatory Commission (KERC) was reversed.
2. The facts that are necessary for adjudication of the dispute in these appeals are as follows:
(a) Karnataka Renewable Energy Development Limited (KREDL) issued a Request for proposal on 20.11.2015 from bidders for undertaking development of Solar PV ground mount Power Plants in Karnataka pursuant to a decision taken by the State Government for development of 1200 MWA of Solar power to be implemented in 60 Taluks through private sector participation. Emmvee Photovoltaic Power Private Limited, the second Respondent herein, incorporated two Special Purpose Vehicles (SPV) in accordance with the terms of the Request for Proposal and submitt
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