BEST Vs. STATE

JUDGEMENT

(1.) The Bruhanmumbai Electric Supply and Transport Undertaking (BEST) has filed a Petition on 4 April, 2014 under Regulations 99 and 100 of the MERC (Multi Year Tariff (MYT)) Regulations, 2011 seeking that it be permitted not to refund Fuel Adjustment Charges (FAC) to its consumers during the Second MYT Control Period, i.e. FY 2013 -14 to FY 2015 -16.

(2.) BEST's substantive prayers are as follows:

(3.) In its Petition, BEST has submitted as follows: