Saturday, August 9, 2008

AP High Court says Transco notices illegal

By S A Ishaqui
Hyderabad, Aug. 8: The AP High Court on Friday held that the demand notices of the AP Transco to high tension power consumer across the state were illegal. While allowing a batch of writ petitions filed by various companies including Aditya Spinners, Ankit Steels, Sunder Steels Limited, Sifco metals and 48 other companies, Justice Yethirajulu set aside the notices issued by the Transco between 2001 to 2004 for levying additional fuel cost adjustment charges (FCA). The court found fault with the Transco for not evolving a system to assess FCA charges in every financial year.
The court said that the Transco should under take an exercise to calculate total power consumed by the HT consumer and LT III category consumers every year. The court directed that the Transco should take steps either to refund the amount paid in excess or demand the amount only after to provide all the details as suggested by the court

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