Gridco Limited vs. Orissa Power Consortium Limited
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Order Issued After Hearing
Purpose:
First Hearing
Listed On:
19 Jul 2024
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Order Text
S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS
Civil Appeal No(s). 7344/2024
GRIDCO LIMITED Appellant(s)
VERSUS
M/S. ORISSA POWER CONSORTIUM LIMITED & ORS. Respondent(s)
(IA No.147386/2024-EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT and IA No.147385/2024-STAY APPLICATION )
Date : 19-07-2024 This appeal was called on for hearing today.
- CORAM : HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE J.B. PARDIWALA HON'BLE MR. JUSTICE MANOJ MISRA
- For Appellant(s) Mr. Maninder Singh, Sr. Adv. Mr. Raj Kumar Mehta, AOR Ms. Himanshi Andley, Adv.
- For Respondent(s) Mr. Tarun Johri, AOR Mr. Ankur Gupta, Adv. Mr. Vishwajeet Tyagi, Adv.
UPON hearing the counsel the Court made the following O R D E R
1 Issue notice confined to the direction in regard to the payment of compound interest returnable in six weeks.
2 There shall be no stay in respect of the payment of the principal amount, as computed. Digitally signed by Gulshan Kumar Arora Date: 2024.07.19 16:50:22 IST Reason: Signature Not Verified
ITEM NO.15 COURT NO.1 SECTION XVII
- 3 By way of an interim direction, interest shall be computed and paid on the basis of Regulation 20 of the Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009.
- 4 Time to effect payment is extended till 31 August 2024.
- 5 There shall be a stay on the recovery of the balance conditional on the petitioner effecting payment as directed by 31 August 2024.
(GULSHAN KUMAR ARORA) (SAROJ KUMARI GAUR)
AR-CUM-PS ASSISTANT REGISTRAR