Supreme Court of India

Power Grid Corporation of India v. Tamil Nadu Generation and Distribution Co. Ltd. & Ors. Etc. Etc

Neutral citation
Reported as [2019] 7 S.C.R. 724
Bench N. V. Ramana, Mohan M. Shantanagoudar and Indira Banerjee JJ.
Decided 9 May 2019

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

1 Supreme Court bench has cited this judgment.

From the headnote

Electricity Regulatory Commission Act, 1998 – Centr al Electricity Regulatory Commission (Terms and Conditions of T ariff) Regulations, 2001 – rr. 1.3 and 1.7 – Foreign Exc hange Rate Variation (FERV) between debt and equity – Apportio nment of – Appellant contended that any foreign exchange get a dded to the capital cost and not individually to debt or equity – It was further contended that this capital cost is thereafter divided into debt and equity, on the basis of a normative debt-equity ratio – As a natural corollary, even the FERV needs to be apportioned bo th towards debt and equity –

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