IN THE APPELLATE TRIBUNAL FOR ELECTRICITY (Appellate Jurisdiction) Dated: 1^st July, 2025 Present: Hon’ble Mr. Sandesh Kumar Sharma, Technical Member Hon’ble Mr. Virender Bhat, Judicial Member In the matter of:

M/s Jayaswal Neco Industries Ltd.

Through its Authorised Signatory Shri Dilip Kumar Mohanty Siltara Growth Centre, Raipur, Chhattisgarh- 493 111. … Appellant Versus

1. Chhattisgah State Electricity Regulatory Commission Through its Secretary, Irrigation Colony, Shanti Nagar, Raipur, Chhattisgarh – 492 001

2. Chhattisgarh State Power Distribution Company Limited, Through its Managing Director, Daganiya, Raipur Chhattisgsarh-492 014. … Respondent (s)

Counsel for the Appellant(s) : Mr. Raunak Jain Mr. Vishvendra Tomar Counsel for the Respondent(s) : Mr. C.K. Rai Mr. Ritesh Khare for Res.1 Mr. Sajan Poovayya, Sr. Adv.

Mr. Akshat Jain for Res.2

JUDGEMENT

PER HON’BLE MR. SANDESH KUMAR SHARMA, TECHNICAL MEMBER

1. M/s Jayaswal Neco Industries Ltd has filed the present Appeal challenging the Order dated 28.02.2019 (in short “Impugned Order”) in Petition No. 05/2019(T) passed by Chhattisgarh State Electricity Regulatory Commission (in short “State Commission or “CSERC”). By the Impugned Order,