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December 08,2025

HPERC: Before Hon’ble HPERC in the matter of HPSEB Ltd., and M/s Aryan Hydel Pvt Ltd (Karot Nain Hydro Electric Project)

Petitioner: The HP State Electricity Board Limited. & M/s Aryan Hydel Pvt. Ltd

Background: This Joint Petition has been filed under Section 86 (1)(b) of the Electricity Act, 2003 (Act) read with Regulations 56 and 57 of the Himachal Pradesh Electricity Regulatory Commission (Conduct of Business) Regulations, 2024 (the CBR, 2024 for short) by the Himachal Pradesh State Electricity Board Limited (the HPSEBL/ Joint Petitioner No.

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