JUDGMENT

Mrs. Sujata V. Manohar, J.-These appeals arise as a result of certain increases in fuel adjustment charges levied by the second respondent on the appellant and the resultant arbitration. The award of the learned arbitrator was the subject matter of challenge in the High Court. These appeals arise from the judgment and order of the Division Bench of the Delhi High Court.

2. For the sake of convenience we are referring to the facts in Civil Appeal No. 1269 of 1987. The facts in other appeals are similar and the disputes raised are the same.

3. The appellant entered into an agreement dated 26th of September, 1972 with respondent No. 2 Delhi Electricity Supply Undertaking (DESU) for the supply of electrical energy. Clause 15(a) of the agreement is as follows:-

15(a): The consumer shall pay each month to the undertaking for electrical energy supplied during the preceding month such amount as shall be calculated and ascertained in accordance with the Rate Schedules LIP attached hereto. The rates contained in the schedule are those in force at the time of executing this agreement. The consumer be eligible for whatever reduction or rebate as may be granted on the rates and shall be