JUDGMENT

PER HON'BLE MR. I. J. KAPOOR, TECHNICAL MEMBER

1. The present Appeal is being filed by Vidarbha Industries Power Limited (hereinafter referred to as the “Appellant”) under Section 111 of the Electricity Act, 2003 against the Impugned Order dated 20.06.2016 passed by the Maharashtra State Electricity Regulatory Commission (hereinafter referred to as the 'State Commission') in Petition No. 91 of 2015 filed by the Appellant. In its Petition, the Appellant sought Final True-up of FY 2014-15, Provisional True-up for FY 2015-16 and determination of the Aggregate Revenue Requirement (ARR) for FY 2015-16 and Multi Year Tariff for FY 2016-17 to FY 2019-20 under Sections 61 and 62 of the Electricity Act, 2003 and the State Commission’s Multi Year Tariff (MYT) Regulations 2011 and 2015.

2. The Appellant is a generating company within the meaning of Section 2 (28) of Electricity Act 2003 and is engaged in generation of electricity and has developed a 600 MW (2 x 300 MW) coal-fired Thermal Power Plant at the Maharashtra Industrial Development Corporation (MIDC)

Butibori Industrial Area, District Nagpur, Maharashtra.

3. The Respondent No 1 is the Electricity Regulatory Commission for the Sta