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Power distribution firms can't charge compensatory tariff: SC

Power distribution firms can't charge compensatory tariff: SC

Wednesday, April 12, 2017, 7:00 AM

The Supreme Court said power companies can't raise preset tariffs if fuel becomes costlier due to changes in laws overseas, setting aside rulings by regulators and dealing a blow to Tata Power and Adani Power. The court asked the electricity regulator to consider the matter afresh keeping in mind the government's revised coal allotment and power tariff guidelines.
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