Approval under Regulation 86 of CERC (Conduct of Business) Regulations 1999 and CERC (Terms and Conditions of Tariff) Regulations 2019 for the determination of transmission tariff from COD to 31.3.2024 for Asset-I: Combined Asset of (1) LILO of one circuit of Bamnauli-Jattikalan 400 kV D/C line along with associated bays at Dwarka-I Sub-station (2) 400/200 kV 500 MVA ICT-I II & III along with associated bays at Dwarka-I Sub-station (3) 400 kV 125 MVAR bus reactor along with associated bay at Dwarka-I Sub-station; Asset-II: 400/200 kV 500 MVA ICT-IV along with associated bays at Dwarka-I Sub-station; Asset-III: LILO of circuit-2 of 400 kV D/C Bawana-Mandola line at Maharanibagh Sub-station along with associated bays; Asset-IV: LILO of circuit-1 of 400 kV D/C Bawana-Mandola line at Maharanibagh Sub-station along with associated bays; and Asset-V: By passing of LILO of one circuit of 400 kV Dadri–Ballabhgarh D/C line at Maharanibagh (existing) (to be used during emergency) under “Creation of 400/220 kV Sub-stations in NCT of Delhi during 12th plan period (Part-A)” in the Northern Region. Power Grid Corporation of India Limited

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2025 Supreme(Online)(CERC) 85

CENTRAL ELECTRICITY REGULATORY COMMISSION
Shri Jishnu Barua, CJ, Shri Ramesh Babu V., J
Approval under Regulation 86 of CERC (Conduct of Business) Regulations 1999 and CERC (Terms and Conditions of Tariff) Regulations 2019 for the determination of transmission tariff from COD to 31.3.2024 for Asset-I: Combined Asset of (1) LILO of one circuit of Bamnauli-Jattikalan 400 kV D/C line along with associated bays at Dwarka-I Sub-station (2) 400/200 kV 500 MVA ICT-I II & III along with associated bays at Dwarka-I Sub-station (3) 400 kV 125 MVAR bus reactor along with associated bay at Dwarka-I Sub-station; Asset-II: 400/200 kV 500 MVA ICT-IV along with associated bays at Dwarka-I Sub-station; Asset-III: LILO of circuit-2 of 400 kV D/C Bawana-Mandola line at Maharanibagh Sub-station along with associated bays; Asset-IV: LILO of circuit-1 of 400 kV D/C Bawana-Mandola line at Maharanibagh Sub-station along with associated bays; and Asset-V: By passing of LILO of one circuit of 400 kV Dadri–Ballabhgarh D/C line at Maharanibagh (existing) (to be used during emergency) under “Creation of 400/220 kV Sub-stations in NCT of Delhi during 12th plan period (Part-A)” in the Northern Region. Power Grid Corporation of India Limited

Advocates:
For the Appellants/Petitioners: Shri Vivek Kumar Singh, Shri V.C. Sekhar

Table of Content
1. approval for tariff determination (Para 1 , 2 , 3 , 4 , 5)
2. petitioner's claims and submissions (Para 6 , 7 , 8 , 11)
3. review of regulatory compliance and considerations (Para 12 , 13 , 14)
4. determination of time overrun and capital costs (Para 26 , 27 , 28)
5. final decision on claims and approvals (Para 44 , 45 , 46)
6. conclusion and order for recovery of dues (Para 59 , 127 , 129 , 132)

ORDER

The instant Petition has been filed by the Petitioner, Power Grid Corporation of India Limited, a deemed transmission licensee, for determination of tariff under the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations , 2019 (hereinafter referred to as “the 2019 Tariff Regulations”) for the period from COD to 31.3.2024 in respect of the following assets under “Creation of 400/220 kV Sub-stations in NCT of Delhi during the 12th plan period (Part-A)” in the Northern Region.”:

Sl. No.	Asset No	Asset Name	COD
1	Asset-I	Combined Asset of (1) LILO of one circuit of Bamnauli- Jattikalan 400 kV D/C line along with associated bays at Dwarka-I Sub-station, (2) 400/200 kV, 500 MVA ICT-I, II & III along with associated bays at Dwarka-I Sub-station, (3) 40

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