FSA: Final hearing by High Court on March 26

Published: 21st February 2013 10:48 AM  |   Last Updated: 21st February 2013 10:48 AM   |  A+A-

A division bench of the High Court on Wednesday posted to March 26 hearing on a batch of writ petitions against the fuel surcharge adjustment (FSA) formula specified in Clause 45-B of the AP Electricity Regulatory Commission  Regulations, 1999.

The bench was dealing with a batch of writ petitions filed by Ultra Tech Cement Ltd and 70 other industries seeking declaration of the decision to exclude agricultural sector from the purview of FSA as illegal. Petitioners contended that the FSA formula specified did not distribute all or any of the variation in costs on the energy sold to all consumers by exclusion of consumption by the agricultural sector.

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