In Brief
The Damodar Valley Corporation challenged a Central Electricity Regulatory Commission tariff order. The Supreme Court affirmed the Appellate Tribunal's judgment, holding that the fourth proviso to Section 14 of the Electricity Act, 2003 permits continued application of provisions from the Damodar Valley Corporation Act, 1948 that do not conflict with the 2003 Act. The Court ruled that subordinate regulations cannot override statutory provisions of an earlier Act. The Corporation remains entitled to recover costs for its mandatory statutory activities (flood control, irrigation, afforestation) through electricity tariff, and depreciation determinations must follow the 1948 Act where not inconsistent with the 2003 framework.",
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