Interpreting cap under Note 3 of Regulation 55
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The State of Himachal Pradesh & Anr. v. Jsw Hydro Energy Limited & Ors.
The primary issues arising for consideration are: first, whether the CERC Regulations, 2019 bar respondent no. 1 from supplying free power to the appellant-State beyond 13%; and second, whether respondent no. 1 could have invoked…