Authority: Supreme Court of India
Order Date: 20 July 2026
Case Overview
- Parties: Uttar Pradesh Power Corporation Limited (Appellant) vs. Uttar Pradesh Electricity Regulatory Commission & Others (Respondents).
- Proceedings: Civil Appeal Nos. 9875‑9876/2025; Inter‑Application No. 177286/2025 (Stay Application).
- Hearing: Conducted on 20‑07‑2026 before a two‑judge bench comprising Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe.
- Counsel for Appellant: Sr. Adv. C S Vaidyanathan, Basva Prabhu Patil, Hemant Sahai, Nitish Gupta, Tushar Srivastava, Varnika Tyagi, Aastha Bansal, Ronak Shankar, Radhika Sudheer, with AOR Sukanya Lal.
- Counsel for Respondent: Sr. Adv. Abhishek Manu Singhvi, Sajan Poovayya, Shri Venkatesh, Kanika Chugh, Shryeshth Ramesh Sharma, Suhael Buttan, Vineet Kumar, Nikunj Bhatnagar, AOR Nitin Saluja, Priyansha Sharma, Raksha Agrawal, Harshvardhan Sharma, and additional senior counsel including Mr. Sitesh Mukherjee, Sr. Adv., C. K. Rai (AOR), Santanu, Anuradha Roy, Vinay Kumar Gupta, Shiva Singh, Sumit Panwar.
Order Details
1. The appellant must deposit Rs. 400 Crores (Rupees Four Hundred Crores) with the Registry of the Supreme Court within four weeks from the date of the order.
2. The deposited amount shall be kept in a short‑term fixed deposit for an initial period of three months in a nationalised bank, on an auto‑renewal basis.
3. The appeals are to be listed in the second week of September 2026.
Final Outcome
- Uttar Pradesh Power Corporation Limited is required to furnish a Rs 400 crore security to the Court, held in a short‑term fixed deposit, and the matter will be listed for further hearing in early September 2026.
Topics: Court Order, Power Sector