This is G o o g l e's cache of http://www.the-hindu.com/2000/02/21/stories/0221000v.htm.
G o o g l e's cache is the snapshot that we took of the page as we crawled the web.
The page may have changed since that time. Click here for the current page without highlighting.


Google is not affiliated with the authors of this page nor responsible for its content.

The Hindu on indiaserver.com : SC upholds MPEB move

Online edition of India's National Newspaper on indiaserver.com
Monday, February 21, 2000


Front Page
National
International
Regional
Opinion
Business
Sport
Entertainment
Miscellaneous
Classified*
Employment
Features

Index
Home

* With more entries & search

National | Previous

SC upholds MPEB move

By T. Padmanabha Rao

NEW DELHI, FEB. 20. The Supreme Court has ruled that the decision of the Madhya Pradesh Electricity Board (MPEB) to invite offers for better terms in its favour from independent power producers (IPPs) on different parameters ``to enable it to prioritise the projects for providing escrow protection based on least tariff criteria and to decide about optimum mix of liquid fuel, hydel and coal-based projects cannot be said to be unreasonable or arbitrary''.

Mr. Justice G.T. Nanavati, delivering the judgment of the Bench, dismissed a group of special leave petitions from the IPPs (appellants) against a judgment of the Madhya Pradesh High Court, which had dismissed their writ petitions against the July 24, 1998 decision of the MPEB. The Court also partly allowed related appeals from certain concerned IPPs.

The Bench, which included Mr. Justice S. N. Phukan, quashed the MPEB decision to give priority to a specified thermal power project and directed the Board to take a fresh decision for giving priority for ``escrow coverage'' (in respect of the remaining coal-based projects).

``Having gone through the minutes of the meeting of the Cabinet sub-committee and the relevant facts and circumstances and on taking an overall view, we find that the decision to recommend Maheshwar, Daewoo and Bine in respect of Maheshwar Hydel Project (82 mw), Korba (East) Thermal Power Project (1,070 mw) and Bina Thermal Power Project (578 mw) cannot be faulted,'' the Bench observed.

The decision in favour of these projects ``appears to have been taken bona fide and in overall public interest'', the Bench said, and added that ``the decision, therefore, did not call for any interference by the Court and the High Court was right in upholding that decision''.

``Having considered all relevant facts and circumstances, it is not possible for us (the apex court) to agree with the contention that the least tariff criteria was not a good criteria as it was unrealistic and arbitrary,'' the Bench observed. ``It is difficult to appreciate how the least tariff criteria can be said to be a hoax when it is based upon and consistent with the notification issued under Section 43 A (2) of the Electricity Supply Act.''


Section  : National
Previous : Serial blast: NHRC awards relief

Front Page | National | International | Regional | Opinion | Business | Sport | Entertainment | Miscellaneous | Classified | Employment | Features |

Index | Home


Copyrights © 2000 The Hindu & Tribeca Internet Initiatives Inc.

Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu & Tribeca Internet Initiatives Inc.

indiaserver.com

Copyright © 2000 Tribeca Internet Initiatives Inc. All rights reserved worldwide. Indiaserver is a trademark of Tribeca Internet Initiatives Inc.