Electricity Act, 2003 — Section 61, 62, 86 — Tariff determination — Regulatory asset — Creation, continuation, and liquidation of regulatory asset — Governed by Act, National Tariff Policies, Rules, Regulations, and APTEL precedents. – Electricity Act, 2003 — Section 61, National Tariff Policy, 2006, Clause 8.2.2 — Regulatory asset — Creation should be an exception, circumstances clearly defined, recovery time-bound within three years.
2025 INSC 937 SUPREME COURT OF INDIA DIVISION BENCH BSES RAJDHANI POWER LTD. AND ANOTHER Vs. UNION OF INDIA AND OTHERS ( Before : Pamidighantam Sri Narasimha and Sandeep Mehta,…