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The additional levy imposed by the Supreme Court on beneficiaries of illegally allocated coal blocks cannot be passed through as part of the generation tariff to consumers. The court found that allowing pass-through would allow the beneficiaries to retain their illegal gains.
Power Company Loses Appeal: Additional Coal Levy Cannot Be Passed to ConsumersCategory:Energy LawSub-Category:Regulatory ProceedingsSubject:Electricity Tariff, Coal Allocation, Supreme Court JudgmentBackgroundThis case involved an appeal byJaypee Power Ventures Limited(JPVL), a power-generati...
18 Dec 2024
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