PSUs shouldn't behave like Shylock to become money-minded: SC...

PSUs shouldn't behave like Shylock to become money-minded: SC

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The Supreme Court criticized Gujarat Urja Vikas Nigam Limited (GUVNL) for prioritizing commercial interests over its role as a model public sector entity. The court rejected GUVNL's attempt to enforce a fixed tariff rate on wind power producers, emphasizing the government's renewable energy promotion policies. GUVNL's conduct was deemed unfair and likened to that of a 'Shylock'.

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