Supreme Court Upholds GBI for Renewable Power Generators

The Supreme Court dismissed the appeal by Southern Power Distribution Company, upholding the Appellate Tribunal's order on Generation Based Incentive (GBI).
The Court ruled that regulatory commissions must consider central government grants and that GBI must be passed through to renewable power generators.
The judgment clarifies that GBI is to be disbursed over and above the tariff, benefiting renewable energy generators.