Petition for Truing up and determination of tariff for the Salal Power Station of NHPC Limited – EQ
Summary:
—
## **Record of Proceedings – Petition No. 129/GT/2025**
**Issued by:** Central Electricity Regulatory Commission (CERC), New Delhi
**Date of Hearing:** 07 August 2025
—
### **Case Title**
**Petitioner:** NHPC Limited
**Respondents:** PSPCL and 10 others
**Subject:** Petition for **Truing-up of Tariff (2019–24)** and **Determination of Tariff (2024–29)** for **Salal Power Station** of NHPC.
—
### **Coram**
* Shri Jishnu Barua, Chairperson
* Shri Ramesh Babu V., Member
* Shri Harish Dudani, Member
* Shri Ravinder Singh Dhillon, Member
—
### **Parties Present**
* For Petitioner (NHPC): Shri Venkatesh, Shri Abhishek Thaker, Shri Aniket Kanhana (Advocates); Shri Mohd. Farique, Shri Piyush Kumar
* For Respondents: Shri Anand K. Ganesan, Shri Amal Nair, Shri Shivani Verma (PSPCL); Shri Adarsh Tripathi, Shri Ajitesh Garg (BYPL); Shri Sachin Dubey, Shri Manav Malhotra (BRPL); Shri Sabhyasachi Saumitra (UPPCL)
—
### **Proceedings Summary**
1. **NHPC’s Submission**
* Confirmed that **additional information sought by Commission (TV letter dated 02.05.2025)** has been filed and served to Respondents.
* Requested the matter to be reserved for order since pleadings are complete.
2. **Respondent’s Submission**
* Counsel for BRPL sought **time to file reply**.
3. **Commission’s Directions**
* NHPC directed to provide **additional clarifications by 05.09.2025** on:
a) **Land Case Appeal (CIA No. 06/2006 – NHPC vs. Baldev Singh):** Discrepancy between principal amount claimed (₹1,04,893) in Form 9A vs. ₹51,523.68 in supporting docs.
b) **Exclusions:** Rationale for deletion of items commissioned close to COD.
c) **Freehold Land Value:** Difference in reported increase (₹51.30 lakh vs. ₹53.52 lakh vouchers) to be reconciled.
d) **Arbitration Matters:**
* *M/s Karam Chand Thapar* – AFC computation with/without principal in Excel.
* *M/s Gammon* – Notional interest claim of ₹15.46 Cr in Excel.
* **Respondents allowed** to file replies by **24.09.2025** (copy to NHPC).
* **NHPC may file rejoinder** by **08.10.2025**.
4. **Order Status**
* Subject to above compliance, Commission **reserved order**.
—
**By Order of the Commission**
*(Sd/- B. Sreekumar, Joint Chief (Law))*
—
For more information please see below link:
