Coal block: SC upholds Punjab powercom decision

The Supreme Court today upheld the decision of the Punjab State Electricity Board (PSEB) — now known as Punjab State Power Corporation Limited (PSPCL) — to select the lowest bidder, DBL­VPR Consortium, for supply of coal, saving crores of rupees for the PSPCL.

“A policy decision to get the best operator at the best price, cannot be said to be a decision which no reasonable person would take in his affairs,” a Bench of Justices LN Rao, BR Gavai and BV Nagarathna said.