JUDGMENT

1. These Review Petition Nos. 7 of 2017 and 8 of 2017 are being filed by M/s JPTL (hereinafter referred to as the “Review Petitioner/ Appellant”) under Section 120 (2) (f) of the Electricity Act, 2003 (“the Act”) for review of the judgments dated 11.05.2017 (“Impugned Judgements”) of this Tribunal passed in Appeal Nos. 250 of 2015 & 242 of 2016 (“the Appeals”) respectively filed by the Appellant on the decision of this Tribunal on certain questions raised in the Appeals. The said questions are generalized and are reproduced below:

“Whether the State Commission was justified in including the DPC payable by the STU to the Appellant in the non tariff income and thereby deducting the same from the ARR of the Appellant?

Whether the State Commission was justified in calculating the carrying cost on the basis of simple interest and not on the settled basis of compounded interest as sought by the Appellant in its petition before the State Commission?

Whether the State Commission has discharged its obligations in conducting a fair and impartial mid-year review of the Appellant while following accepted commercial principles and sound application of the MYT Regulations?”

These Review Peti