Power Tariff Must Be Cost-Reflective; Allow DisComs To Recover Revenue Shortfalls Within 4 Years : Supreme Court To Electricity Regulatory Commissions

In a significant ruling on Wednesday (August 6), the Supreme Court held that regulatory assets created by the Electricity Regulatory Commissions (“ERCs”) to shield consumers from immediate tariff hikes should not remain unresolved for extended periods. The Court directed that future regulatory assets must be liquidated within three years, while existing ones must be cleared within...