The Supreme Court of India has held that the 15% concessional electricity tariff incentive under Clause 16(a) of the Himachal Pradesh Industrial Policy, 2019, was always intended exclusively for “new industrial enterprises” and cannot be claimed by existing industrial units undergoing substantial expansion. A Bench of Justices J.B. Pardiwala and K.V. Viswanathan set aside a
15% Electricity Concession Under HP Industrial Policy Only For New Enterprises; Supreme Court Rejects Double Benefits for Expanding Units
