Generation Based Incentive is over and above tariff set by State Electricity Regulatory Commission

Southern Power Distribution Company of Andhra Pradesh Limited & Anr. Vs Green Infra Wind Solutions Limited & Ors. (Supreme Court of India) Supreme Court held that Generation Based Incentive is intended to be disbursed over and above tariff set by State Electricity Regulatory Commission [SERC]. Accordingly, the applications filed by intervention/impleadment are allowed. Facts- We are called upon to decide if the State Electricity Regulatory Commission (SERC) while exercising its power to determine tariff can “consider and factor in” the “Generation Based Incentive” (GBI) grante...