APPELLATE TRIBUNAL FOR ELECTRICITY AT NEW DELHI (APPELLATE JURISDICTION)

APPEAL NO. 371 OF 2023 & IA NO. 881 OF 2023 APPEAL NO. 372 OF 2023 & IA NO. 870 OF 2023 APPEAL NO. 373 OF 2023 & IA NO. 874 OF 2023 APPEAL NO. 374 OF 2023 & IA NO. 876 OF 2023 APPEAL NO. 379 OF 2023 & IA NO. 869 OF 2023 Dated: 9^th November, 2023 Present: Hon’ble Mr. Justice Ramesh Ranganathan, Chairperson Hon’ble Mr. Sandesh Kumar Sharma, Technical Member (Electricity)

In the matter of:

APPEAL NO. 371 OF 2023 & IA NO. 881 OF 2023 Gujarat Urja Vikas Nigam Limited Sardar Patel Vidyut Bhavan, Race Course Circle, Vadodara-390007. Appellant(s)

Versus

1. Gujarat Electricity Regulatory Commission Gujarat International Finance Tec-City, Gujarat 382355. Respondent No.1

2. Kaze Energy Limited IL & FS Financial Centre, Plot No. C-22, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Respondent No.2 Counsel on record for the Appellant(s) : Anand K. Ganesan Swapna Seshadri Srishti Khindaria Ashabari Basu Thakur Counsel on record for the Respondent(s) : Parinay Deep Shah Shikha Ohri Alisha Gaba For Res2 APPEAL NO. 372 OF 2023 & IA NO. 870 OF 2023 Gujarat Urja Vikas Nigam Limited Sardar Patel Vidyut Bhavan, Race Course Circle, Vadodara-390007. Appellant(s)

Versus

1. Gujarat Electricity Regulatory Commission Gujarat International Finance Tec-City, Gujarat 382355. Respondent No.1

2. Ratedi Wind Power Pvt. Ltd.

IL & FS Financial Centre, Plot No. C-22, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Respondent No.2 Counsel on record for the Appellant(s) : Anand K. Ganesan Swapna Seshadri Srishti Khindaria Ashabari Basu Thakur Counsel on record for the Respondent(s) : Parinay Deep Shah Shikha Ohri Alisha Gaba For Res2 APPEAL NO. 373 OF 2023 & IA NO. 874 OF 2023 Gujarat Urja Vikas Nigam Limited Sardar Patel Vidyut Bhavan, Race Course Circle, Vadodara-390007. Appellant(s)

Versus

1. Gujarat Electricity Regulatory Commission Gujarat International Finance Tec-City, Gujarat 382355. Respondent No.1

2. Lalpur Energy Pvt. Ltd.

IL & FS Financial Centre, Plot No. C-22, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Respondent No.2 Counsel on record for the Appellant(s) : Anand K. Ganesan Swapna Seshadri Srishti Khindaria Ashabari Basu Thakur Counsel on record for the Respondent(s) : Parinay Deep Shah Shikha Ohri Alisha Gaba For Res2 APPEAL NO. 374 OF 2023 & IA NO. 876 OF 2023 Gujarat Urja Vikas Nigam Limited Sardar Patel Vidyut Bhavan, Race Course Circle, Vadodara-390007. Appellant(s)

Versus

1. Gujarat Electricity Regulatory Commission Gujarat International Finance Tec-City, Gujarat 382355. Respondent No.1

2. Tadas Wind Energy Pvt. Ltd.

IL & FS Financial Centre, Plot No. C-22, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Respondent No.2 Counsel on record for the Appellant(s) : Anand K. Ganesan Swapna Seshadri Srishti Khindaria Ashabari Basu Thakur Counsel on record for the Respondent(s) : Parinay Deep Shah Shikha Ohri Alisha Gaba For Res2 APPEAL NO. 379 OF 2023 & IA NO. 869 OF 2023 Gujarat Urja Vikas Nigam Limited Sardar Patel Vidyut Bhavan, Race Course Circle, Vadodara-390007. Appellant(s)

Versus

1. Gujarat Electricity Regulatory Commission Gujarat International Finance Tec-City, Gujarat 382355. Respondent No.1

2. Khandke Wind Energy Pvt. Ltd.

IL & FS Financial Centre, Plot No. C-22, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051. Respondent No.2 Counsel on record for the Appellant(s) : Anand K. Ganesan Swapna Seshadri Srishti Khindaria Ashabari Basu Thakur Counsel on record for the Respondent(s) : Parinay Deep Shah Shikha Ohri Alisha Gaba For Res2 JUDGMENT PER HON’BLE MR. JUSTICE RAMESH RANGANATHAN, CHAIRPERSON

1. Gujarat Urja Vikas Nigam Limited (“GUVNL” for short) is in appeal before us aggrieved by the order passed by the first Respondent- Gujarat Electricity Regulatory Commission (“the Commission” for short) in Petition Nos. 1797 of 2019, 1795 of 2019, 1796 of 2019, 1798 of 2019 and 1799 of 2019 filed before it by the second Respondent