Madras High Court upheld TANGEDCO's demand for Infosys to pay Rs 6.72 crore as shortfall amount, rejecting their argument for subsidized power tariff.
Madras High Court dismissed a petition by Infosys, challenging TANGEDCO's order to pay Rs 6.72 crore as shortfall amount. The court upheld TANGEDCO's demand, rejecting Infosys' argument that commercial activities under their ITES industry should be considered for subsidized power tariff. The court found that the service providers were not paying rent or electricity charges, while Infosys collected license fees from them.
May 23, 2024
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