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1. This is an Application seeking stay of operation of the Order dated 17.01.2020 passed by the Punjab State Electricity Regulatory Commission ("Central Commission") whereby the State Commission in Petition NO. 54 of 2017 has determined the completed capital cost of GVK's 540 MW power project located in Punjab as under:

S.No. Claimed by Recomm- Approved GVK ended by by the Ld. Joint PSERC* Auditor 1. Land 123.77 123.77 96.75 2. Preliminary Expenses 0.25 0.25 3. Boiler Turbine Generator 1050.22 1050.17 1050.17 Package including Engineering, Erection, Civil Works, Taxes and 4. Balance of Plant including 927.40 895.06 783.57 Engineering, Erection, Civil Works, Taxes and 5. Duties. Spares for BTG Package. 0.11 0.11 6. Non-EPC. 337.31 285.56 204.60 7. Start-Up Expenses 31.68 15.00 0 7. Power and Water for 32.57 32.57 32.10 Construction. 8. Consultancy and 54.13 11.03 Engineering charges 9. Pre-operative Expenses 186.55 126.56 74.04 10. Insurance 16.56 16.56 16.56 11. Capital Cost excluding 2760.55 - 2269.18 IDC & Financing Charges Page 2 of 98 IA NO. 136 OF 2020 IN APPEAL NO. 41 OF 2020 12. Interest During 1474.84 1455.77 777.50 Construction (IDC) 13. Financing Charges 31.99 31.99 11.69 14. Total Capital Cost 4267.38 4103.83 3058.37

1. The Appellant is a generator maintaining and operating two units of coal-fired thermal generation plants. For purposes of setting up the said units, the construction work started some time in 2011. It had entered into an arrangement with the second Respondent (Discom) for supply of electricity for purposes of start-up, its need continuing the first unit having been commissioned on 11.02.2014 followed by the second unit commissioned on 02.08.2015.

2. The Appellant was a consumer for start-up power for the period 01.09.2013 to 31.05.2015. By the billing raised for supply of such electricity in terms of the Supply Agreement dated 07.01.2013, the Respondent Discom treated it as a commercial consumer on the reasoning that it would fall in the residual category, referring in this context to the tariff schedule, in absence of any separate category for start-up power consumer being specified in tariff schedule.

1. Indian Railways, an establishment working under the control of the Central Government in terms of the Railways Act, 1989, has been constrained to come to this Tribunal by the present appeal under Section 111 of the Electricity Act, 2003 to assail the decision of the Tamil Nadu Electricity Regulatory Commission (hereinafter referred to as "TNERC" Appeal No. 188 of 2019 & IA No.980 of 2019 Page 2 of 9 or "State Commission") dated 25.03.2019 passed in Petition No. M.P. 4 of 2019, declining to entertain the request, inter-alia, for direction to the respondents - State Transmission and Distribution Companies - to process the application and grant non-discriminatory open access based on its claim of being a deemed licensee with certain other ancillary reliefs, the prime reason being that the State Commission was not satisfied with the "form" in which such petition had been presented.

Mr. Hemant Sahai Mr. Aditya K. Singh Ms. Anukriti Jain Ms. Molshree Bhatnagar Ms. Puja Priyadarshini Counsel for the Respondent(s) : Mr. M. G. Ramachandran, Sr. Adv.

Ms. Ranjitha Ramachandran Ms. Poorva Saigal Ms. Anushree Bardhan Mr. Shubham Arya Ms. Tanya Sareen Mr. Arvind Kumar Dubey for R-2 2 Original Petition Nos. 1, 2, 3, 4, 5 & 6 of 2019 Mr. B. Adinarayana Rao, Sr. Adv. Mr. Rakesh Kumar Sharma Mr. Nishant for R-3 & 4 Mr. Brahmanandam (Rep.) for R-5 ORIGINAL PETITION NO. 2 OF 2019 SB Energy Solar Private Limited 1st Floor, Worldmark-2, Asset Area-8, Hospitality District, Aerocity, NH-8, Delhi - 110037. .... PETITIONER Versus

1. These Appeals are filed by the solar power plants challenging impugned order dated 05.10.2019 passed by Andhra Pradesh Electricity Regulatory Commission (for short hereinafter referred to as "APERC" or "State Commission"). The petitions pending before APERC was for 9 Appeal Nos. 368, 369, 370, 371, 372 & 373 of 2019 approval for procurement of power by Southern Power Distribution Company of Andhra Pradesh Limited and Eastern Power Distribution Company of Andhra Pradesh Limited, which are hereinafter referred to as "AP Discoms", at the tariff competitively determined.

1. The present Execution Petition is filed by Tata Power Delhi Distribution Page 1 of 25 EP No.09 of 2016 in A. No. 171 of 2012 Limited ("TPDDL/Petitioner") for execution of the Judgment dated 10.02.2015 passed by this Tribunal in Appeal No. 171 of 2012. The said Appeal was filed by the Petitioner challenging the tariff order dated 13.07.2012 passed by the Delhi Electricity Regulatory Commission ("Delhi Commission/Respondent") in Petition No. 05 of 2012 whereby, the true up of expenses of the Petitioner for FY 2010-11 and ARR for the Control Period FY 2012-13 to FY 2014-15 were determined. By the said judgment this Tribunal has inter-alia decided as under:-

1. The relevant Tariff Regulations - Central Electricity Regulatory Commission (Terms & Conditions of Tariff) Regulations, 2014 (hereinafter referred to as "Tariff Regulations 2014") - in so far as they govern the obligation of the procurer of electricity to pay to the generating company for the supply received do not define or specify the "due date" for such payment. The Regulations do make provision for incentive for timely payment, the rebate admissible being subject to gradual decrease over the period specified also specifying surcharge leviable for late payment. As is the usual practice in the power industry, the Power Purchase Agreements (PPAs) contain stipulation, inter-alia, for Letter of Credit (LC), the terms and conditions settled by the parties indicating the event on which such LC can be encashed. It is the contention of the Appellant (Distribution Licensee - Procurer) that the period specified in the Regulations for rebate to be availed by payment of the bill for supply of electricity should also be treated as the period within which such payment can be legitimately insisted upon, the end of the said period being "due date" prior to which the LC cannot be invoked. The PPA which was entered upon between the parties herein carries a stipulation that the payment of the periodic bill (raised on Appeal No. 26 of 2018 & IA No. 131 of 2018 Page 2 of 24 month-to-month basis) is to be made by the last bank working day of the month in which it is raised, described as the "due date". It is also the contention of the Appellant that this stipulation (as to due date) runs contrary to the Tariff Regulations providing for the incentive (rebate) for timely payment (within 30 days), and the liability for late payment surcharge (LPSC) and, consequently, the PPA will have to be enforced only after being aligned and brought in line with letter and spirit of the Regulations.

1. The present Appeal No. 340 of 2016 has been preferred by M/s. Azure Sunrise Private Limited (Appellant) against the Impugned Order Dated 14th December, 2016 passed by the Karnataka Electricity Regulatory Commission (hereinafter the "State Commission") in Petition No. 19/ 2016 (hereinafter the "Petition"), wherein the State Commission has arbitrarily and unjustifiably retrospectively reduced the approved extension of time of 137 days granted by the distribution licensee, Chamundeshwari Electricity Supply Corporation Limited (hereinafter the "CESCOM") to only 25 days, after more than 12 months of such extension being granted and acted upon by both the parties and has further recorded that the necessary consequences as per the terms of the PPA (as defined hereinafter) shall follow.

1. By this appeal, challenge has been brought to order dated 04.03.2015 of first Respondent i.e. West Bengal Electricity Regulatory Commission (hereinafter variously referred to as "WBERC" or "State Commission") in case No. TP-55/13-14 thereby determining Multi Year Tariff (MYT) for the period beginning with financial year (FY) 2014-15 upto FY 2016-17 by which the appellant, representing a set of industrial consumers, claims to be adversely affected. The grievances of the Appellant relate to alleged inherent inconsistency in the approach on account of "excessive allowance of power purchase cost"; non-compliance of Tariff Regulations in matter relating to "Provisional Determination of Project Cost" of specific units; incorrect treatment of "non-tariff income"; and, erroneous "recurring" allowance of "interest on working capital loan" provided by Government of West Bengal without scrutiny as to delay in repayment.

1. This Appeal is filed by Southern Power Distribution Company of Andhra Pradesh Limited challenging the impugned order dated 03.11.2017 passed by Andhra Pradesh Electricity Regulatory Commission (hereinafter referred to as "APERC/Commission").

2. The brief facts which led to filing of the present Appeal are as under:

(i) 2nd Respondent - M/s SNJ Sugars & Allied Products Pvt. Ltd.

is a sugar plant with co-generation power plant having capacity of 20 MW. It uses bagasse as a fuel for power generation. It approached the Non-conventional Energy Development Corporation of Andhra Pradesh Limited (known as "NEDCAP") for setting up of power plant and accordingly it got the approval on 07.04.2000.

1. The Appellant West Bengal State Electricity Distribution Company (WBSEDCL) has come up with the present appeal challenging the order dated 01.11.2019 of Central Electricity Regulatory Commission (the Central Commission) in Petition No. 298/MP/2018 which had been instituted by the Respondent Damodar Valley Corporation (DVC) seeking declaration as to right to recover a sum aggregating Rs.111,74,47,434 Crores towards principal and delayed payment surcharge at the rate of 1.5% per month as on 31.08.2019 along with further interest till payment. It appears that the Appellant had resisted the claim by raising the issue of limitation pleading that the Appeal No. 20 of 2020 Page 2 of 5 petition of DVC could not be entertained, it being time barred.

In 2013, the Royal Bank of Scotland said we had to reduce our Virgin One mortgage immediately by nearly £7,000. To do this, we sold shares and borrowed money.

Householders are being warned that the surge in energy usage will come at a price - with bills set to increase by an average of £32 a month.

There will be many changes for the worse when we finally creep out of lockdown and realise that the economy has gone into shrink mode.Cash will be a 'victim' of coronavirus.

This Tuesday, the Bitcoin is expected to undergo a 'halving'. Will it offer a new opportunity for investors to make a profit? Or as legendary investor Warren Buffett believes, is it no more than 'rat poison'?

The trust announced the payment of a 2.475p dividend per share for the second quarter of this year - 2.1 per cent higher than 12 months ago, and replicating the payment made three months earlier.

While we cannot predict the long-term impact, we do know that the survival of small and medium businesses will be critical to the recovery, says Sage's boss Steve Hare.

David Blanchflower, who sat on the Bank of England's MPC from 2006 to 2009, has warned that the country will have to keep printing money - despite fears this could lead to soaring inflation.

Willie Walsh, the chief executive of BA's parent IAG faces a grilling before the Transport Select Committee for cutting up to 12,000 BA jobs - more than a quarter of its workforce.

Credit ratings agency Standard & Poor's said the latest measure was agreed ahead of deadlines for two smaller loans due in August.

A decline in the professional services sector will produce one of the biggest hits to the Treasury's tax take, analysis for The Mail on Sunday reveals.

Anne Pitcher, the Selfridges managing director, replies bluntly when asked how it felt to turn the lights out and pull up the shutters on Oxford Street's most iconic store. 'Awful,' she says.

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