JUDGMENT

PER HON’BLE MR. VIRENDER BHAT, JUDICIAL MEMBER

1. The instant appeal relates to the claim of the appellant M/s Korba Power Limited for interest for the years 2016 to 2022 on the amounts to which it was found entitled from respondent no.3 by the 1^st respondent Haryana Electricity Regulatory Commission as well as by this Tribunal vide various orders passed in different proceedings between the parties. In effect, assail is to the order dated 12.05.2022 passed by the Commission in petition nos.5/2014 and 3/2016 and review application no.3/2022 wherein the Commission has held that once the principal amount is paid, the interest outstanding thereon does not attract any further interest even though the same is paid after the substantial period of time, thereby overturning its own conclusion reached in previous order dated 03.03.2022 in the same proceedings between the parties wherein the Commission had held that upon payment of principal amount, the interest outstanding and not paid partakes the character of principal and attracts interest. The appellant is also aggrieved by the rate of interest allowed by the Commission.

2. The appellant runs a 300MW coal based thermal power plant