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Power Company Of Karnataka Limited & Anr vs Udupi Power Corporation Ltd. & Ors on

M/S Hindalco Industries Limited vs The Madhya Pradesh Electricity ... on 2 July, 2021 IN

indicated that tariff for supply by Udupi Power would be determined in future in accordance with terms & conditions applicable at the relevant time ... 2x507.5 MW. The BoP adopted by Lanco Infratech under EPC contract dated 24.12.2006 was for 2x507.5 MW that was later Page

statutory obligation on the regulated entities to align their existing and future contracts with the said regulations. (iii) A regulation under section 178 is made

settled law that CERC's regulations override all past and future contracts. This is also borne out by Recital

Nhpc Limited vs Power Grid Corporation Of India Limited ... on 16 July, 2018 Judgment of

statutory obligation on the regulated entities to align their existing and future contracts with the said Regulations. d) Only payments made ... statutory obligation on the regulated entities to align their existing and future contracts with the said Regulations. Regulation 27 of the Connectivity Regulations framed under

statutory obligation on the regulated entities to align their existing and future contracts with the said regulations." Accordingly, the Appellant's reliance

statutory obligation on the regulated entities to align their existing and future contracts with the said regulation", the Appellant called upon the GENCO

that Regulations framed under the Act can intervene and override the existing contracts of the regulated entities. Page 7 of 24 Judgment in Appeal ... statutory obligation on the regulated entities to realign their existing and future contracts with the said regulations". The Hon'ble Court further observed