SAI BHASKAR IRON LTD. Vs. A.P. ELECTRICITY REGULATORY COMMISSION & ORS.
SUPREME COURT OF INDIA
Sai Bhaskar Iron Ltd.
A.P. Electricity Regulatory Commission And Ors.
Click here to view full judgement.
ARUN MISHRA, J. -
(1.) Delay condoned in filing SLPs.
(2.) Leave granted.
(3.) The question involved in the present case is with respect to levy of fuel surcharge adjustment (in short 'FSA') which is collected from the consumers in
addition to fixed tariff for consumption of power. The concept of FSA was brought
in by the Andhra Pradesh Electricity Reform Act, 1998 (hereinafter referred to as
'the Act of 1998'). Earlier the Electricity Board used to collect fuel cost
adjustment. Under section 3(1) of the Act of 1998, Andhra Pradesh Electricity
Regulatory Commission has been established bestowed with the power to grant
licences and fix tariff for supply of power. Section 26(9) of the Act lays down that
no tariff or part of tariff required to be determined under sub -section (6) of section
29 may be amended more frequently than once in any financial year ordinarily except in respect of any changes expressly permitted under the terms of any fuel
surcharge formula prescribed by the regulations.;
Copyright © Regent Computronics Pvt.Ltd.