Supreme Court clarifies FERV Apportionment in Power Tariffs: Power Grid Corporation vs. Tamil Nadu Generation and Distribution Co. (2019)
Supreme Court on Foreign Exchange Rate Variation (FERV) Apportionment in Power Tariffs LEGAL ISSUE: Whether Foreign Exchange Rate Variation (FERV) should be apportioned between debt and equity after being added to the capital cost in power tariffs. CASE TYPE: Electricity Regulatory Law Case Name: Power Grid Corporation of India vs. Tamil Nadu Generation and Distribution […]