In Brief
This case involves implementation of a Supreme Court judgment addressing an electricity project's cost calculation. The Court had previously set aside a lower tribunal's allowance of additional interest during construction (IDC), financing charges and incidental expenses for project delays beyond the company's control. In this disposal order, the Court confirmed that the implementation judgment must delete these disallowed amounts (totalling Rs. 1.84 and 0.84 crores), reducing total project cost to Rs. 74.96 crores. The Court directed the Joint Electricity Regulatory Commission to complete pending adjudication within six weeks, with Rs. 15 crores in deposit to be disbursed conditionally based on that outcome.
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