https://www.taxtmi.com/caselaws?id=278580 The Supreme Court set aside the Appellate Tribunal's judgment and reinstated the Central Electricity Regulatory Commission's order. The Court determined that the Commercial Operation Date for Unit No. 3 was not achieved on 31.3.2013 due to the performance test not meeting the 95% contracted capacity requirement. It was held that there was no waiver of the requirement by the procurers, emphasizing the impact on public interest and consumer tariffs. The Court concluded that the COD could only be declared on 16.8.2013 when the final test certificate was issued. en-us Thu, 08 Dec 2016 00:00:00 +0530 Wed, 29 Dec 2021 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278580 The Supreme Court set aside the Appellate Tribunal's judgment and reinstated the Central Electricity Regulatory Commission's order. The Court determined that the Commercial Operation Date for Unit No. 3 was not achieved on 31.3.2013 due to the performance test not meeting the 95% contracted capacity requirement. It was held that there was no waiver of the requirement by the procurers, emphasizing the impact on public interest and consumer tariffs. The Court concluded that the COD could only be declared on 16.8.2013 when the final test certificate was issued. Case-Laws Indian Laws Thu, 08 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278580