Petition to void interest charges on 's invoices dated 6.2.2023 and 6.3.2023

(a) The entire controversy which has culminated in PSPCL being constrained to file the present Petition is the raising of the two (2) invoices, namely Invoice dated 6.2.2023 (in short ‘Invoice No. 1’) and Invoice dated 6.3.2023 (in short ‘Invoice No. 2’) by the Respondent NTPC on PSPCL. Contrary to the applicable regulations, NTPC by way of the said invoices, has incorrectly charged an interest component on the principal amount as payable by PSPCL.