CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI Petition No. 87/MP/2026 Coram:

Shri Jishnu Barua, Chairperson Shri Ramesh Babu V., Member Shri Harish Dudani, Member Shri Ravinder Singh Dhillon, Member Date of Order: 5th May, 2026 In the matter of:

Petition under Sections 17(3) and 17(4) of the Electricity Act, 2003 for the creation of security interest over all the movable and immovable assets of the Petitioner in favour of Catalyst Trusteeship Limited, Respondent No. 1, as the Security Trustee, acting for the benefit of the Lenders, Respondent No. 2, and Respondent No. 3.

And In the matter of:

Udupi Kasargode Transmission Limited

5^th Floor, RMZ Infinity, Plot No 15, Phase IV, Sector 18, Gurugram-122015, Haryana. …Petitioner VERSUS

1. Catalyst Trusteeship Limited, Acting through its GIFT City branch

627, Hiranandani Signature, Zone-1, SEZ, Gift City, Gandhinagar- 382355.

2. Société Générale, Acting through its GIFT City branch Office No. 412-A, Pragya II, Block 15 Cl, Zone-1, GIFT SEZ, Dist.

Gandhinagar – 382050, Gujarat.

3. Clifford Capital Credit Solutions Pte. Limited, 38 Beach Road, #19-11 South Beach Tower, Singapore – 189767.

4. Bangalore Electricity Supply Company Limited, Corporat