IN THE APPELLATE TRIBUNAL FOR ELECTRICITY (Appellate Jurisdiction)

APPEAL No. 181 OF 2020 APPEAL No. 235 OF 2020 APPEAL No. 247 OF 2020 APPEAL No. 1 OF 2021 APPEAL No. 125 OF 2022 APPEAL No. 130 OF 2022 APPEAL No. 166 OF 2022 AND APPEAL No. 192 OF 2022 Dated: 14.05.2024 Present: Hon’ble Mr. Sandesh Kumar Sharma, Technical Member Hon’ble Mr. Virender Bhat, Judicial Member In the matter of:

APPEAL No. 181 OF 2020 Adani Green Energy (UP) Limited Represented by Authorised Signatory Adani House, Near Mithakhali Six Roads, Navrangpura Ahmedabad, 380 009 Gujarat Email id: poonam@jsalaw.com, solar.bd@adani.com, dipak.panchal@adani.com … Appellant(s)

Versus

1. Karnataka Electricity Regulatory Commission Through its Secretary, 37, Mahatma Gandhi Road, Yellappa Garden, Yellappa Chetty Layout, Halasuru, Bengaluru, Karnataka 560001 Email id: kerc-ka@nic.in Appeal Nos.181, 235, 247 of 2020, 1 of 2021, 125, 130, 166 & 192 of 2022 Page 1 of 57

2. Chamundeshwari Electricity Supply Corporation Limited Through its Managing Director, #29, Vijayanagar, 2^nd Stage, Hinakal, Mysore – 570001 Email id: md@cescmysore.org

3. Karnataka Renewable Energy Development Limited Through its Managing Director Office at Nd.39, ‘Shanthi Gruha’, Bharat Scouts and Guides Building, Palace Road, Bengaluru, Karnataka 560001 Email id: kredlmd@gmail.com

4. Karnataka Power Transmission Corporation Limited Through its Managing Director Corporate Office, Kaveri Bhavan, K.G. Road, Bengaluru, Karnataka 560001 Email id: md@kptcl.com

5. State of Karnataka Through its Additional Chief Secretary Department of Energy Room No. 236, 2^nd Floor, Vikasa Soudha, Dr. Ambedkar Veedhi Bengaluru, Karnataka 560001 Email id: prs-energy@karnataka.gov.in … Respondent (s)

Counsel on record for the Appellant(s) : Amit Kapur Counsel on record for the Respondent(s) : Sumana Naganand Medha M Puranik Gayathri Sriram Garima Jain Abhijeet Kumar Pandey for Res. 2 Samarth Kashyap for Res.3 Garima Jain Sumana Naganand Medha M Puranik Gayathri Sriram Abhijeet Kumar Pandey for Res.4 Prateek Chadha for Res.5 Appeal Nos.181, 235, 247 of 2020, 1 of 2021, 125, 130, 166 & 192 of 2022 Page 2 of 57 APPEAL No. 235 OF 2020 Adani Green Energy (UP) Limited Represented by Authorised Signatory Adani House, Near Mithakhali Six Roads, Navrangpura Ahmedabad, 380 009 Gujarat Email id: dipak.panchal@adani.com … Appellant(s)

Versus

1. Bangalore Electricity Supply Corporation Limited Through its Managing Director, K.R. Circle, Bengaluru – 560001 Email id: md@bescom.in

2. Karnataka Renewable Energy Development Limited Through its Managing Director Office at Nd.39, ‘Shanthi Gruha’, Bharat Scouts and Guides Building, Palace Road, Bengaluru, Karnataka 560001 Email id: kredlmd@gmail.com

3. Karnataka Power Transmission Corporation Limited Through its Managing Director Corporate Office, Kaveri Bhavan, K.G. Road, Bengaluru, Karnataka 560001 Email id: md@kptcl.com

4. State of Karnataka Through its Additional Chief Secretary Department of Energy Room No. 236, 2^nd Floor, Vikasa Soudha, Dr. Ambedkar Veedhi Bengaluru, Karnataka 560001 Email id: prs-energy@karnataka.gov.in

5. Karnataka Electricity Regulatory Commission Through its Secretary, 37, Mahatma Gandhi Road, Yellappa Garden, Yellappa Chetty Layout, Halasuru, Bengaluru, Karnataka 560001 Email id: kerc-ka@nic.in … Respondent (s)

Appeal Nos.181, 235, 247 of 2020, 1 of 2021, 125, 130, 166 & 192 of 2022 Page 3 of 57 Counsel on record for the Appellant(s) : Amit Kapur Counsel on record for the Respondent(s) : Sumana Naganand Medha M Puranik Gayathri Sriram Garima Jain Abhijeet Kumar Pandey for Res. 1 Samarth Kashyap for Res.2 Prateek Yadav Sumana Naganand Balaji Srinivasan Medha M Puranik Deepti CR Pallavi Sen Gupta Garima Jain Sanjay Reddy for Res.3 Prateek Chadha for Res.4 APPEAL No. 247 OF 2020 Adani Green Energy (UP) Limited Represented by Authorised Signatory Adani House, Near Mithakhali Six Roads, Navrangpura Ahmedabad, 380 009 Gujarat Email id: poonam@jsalaw.com, solar.bd@adani.com, dipak.panchal@a