DVC’s Differential Tariff and IBC-Linked Claims Referred to Arbitration; Limitation Kept Open: Calcutta HC

Damodar Valley Corporation Vs Debeanjana Hard Coke Private Limited (Calcutta High Court) The Calcutta High Court considered a petition under Section 11(6) of the Arbitration and Conciliation Act, 1996 seeking appointment of an arbitral tribunal to resolve disputes arising from a Power Supply Agreement dated 6 June 2006. The petitioner claimed that, following tariffs determined by the West Bengal Electricity Regulatory Commission, it raised a differential tariff claim for the period from 2006 to 2013 through a final bill dated 1 January 2021, which remained unpaid. The petitioner also asserted...