Allahabad HC quashed a Rs 62 lakh retrospective electricity demand, holding consumers cannot be penalised for a supply company’s tariff error.
Read Full ArticleDelhi HC held that only CERC can refer power sector disputes for arbitration, ruling Section 9 of Arbitration Act inapplicable to such cases.
India plans a ₹1 trillion ($12B) bailout for debt-ridden power discoms, linking aid to privatization, stock listings, and strict performance reforms to cut losses.
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