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PENDING

Ms Ramgad Minerals and Mining Pvt Ltd vs Bangalore Electricity Supply Company Limited

Case NumberOP/2/2021
Date of Filing13 Jan 2021
Case TypeOriginal Petition
Last Hearing15 Jul 2025
StateKarnataka
CityBengaluru
Year of Filing2021

Party Details

Petitioner
  • Ms Ramgad Minerals and Mining Pvt Ltd
  • Not Applicable Sri. Amarnath T.S Ramgad Minerals and Mining Ltd.
  • Baldota Enclave
  • Abheraj Baldota Road
  • Hosapete���
Respondent
  • Ms Bangalore Electricity Supply Company Limited
  • Not Applicable The Managing Director Bangalore Electricity Supply Company Limited Corporate Office
  • K R Circle
  • Bengaluru9�M4

Case Summary

Ms Ramgad Minerals and Mining Pvt Ltd and Not Applicable Sri. Amarnath T.S Ramgad Minerals and Mining Ltd. filed Case No. OP/2/2021 in the Karnataka Electricity Regulatory Commision on 13 Jan 2021 against Ms Bangalore Electricity Supply Company Limited and Not Applicable The Managing Director Bangalore Electricity Supply Company Limited Corporate Office. The case has undergone 14 hearings over 10 months. The case is currently pending.

Hearing History (14)

  • 15JUL 2025
    Case called for hearing on 15.07.2025. Counsel for petitioner Ms. Arushi present on behalf of Sri. Aditya Narayana. Counsel for Respondent Ms. Vismaya Simha for Just Law present filed memo dated 15.07.2025 before the Commission with a copy to petitioner for having agreed for settlement of LPS dues at 12% as per LPS Rules 2022 and the claims would be paid to the petitioner. Petitioner counsel consented for settlement and memo filed by the Respondent. Commission heard both counsels, noted their submissions, perused the memo dated 15.07.2025 and to make payment on the agreed rate of interest for the energy injected. Accordingly, petition is taken as closed.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR COMPLIANCE AND OBJECTION

  • 8JUL 2025
    Case called for hearing on 08.07.2025. Counsel for petitioner Ms. Lalia Philip for Saakshya Law Offices and Counsel for Respondent Ms. Vismaya Simha for Just Law present. Respondent counsel filed copy of email with regard to the minutes of meeting held in BESCOM on 19.05.2025 before the Commission wherein both parties have mutually agreed for settlement of claims of LPS dues at 12% as per LPS Rules 2022. The Commission heard counsel for both parties, noted their submissions and directed the parties to file memo reporting their settlement, call on 15.07.2025 for compliance.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING

  • 17JUN 2025
    Case called for hearing on 17.06.2025. Counsel for petitioner Ms. Arushi for Saakshya Law offices on behalf of Sri. Adithya Narayan present. Counsel for R-1 Ms. Vismaya Simha for Just Law present. Both counsels submit that they are awaiting the Minutes of Meeting wherein settlement has taken place and prays for time to submit the same before the Commission. Commission noted the submissions of both the counsels and granted time. Call on 08.07.2025.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING

  • 3JUN 2025
    Case called for hearing on 03.06.2025. Petitioner counsel Ms. Arushi for Saakshya Law Office present. Counsel for respondent No. 1 Smt. Sumana Naganand for Just Law present. No representation for R-2. Counsel for respondent No. 1 submitted that process of reconciliation is completed and prays for time to report about reconciliation. Commission heard the counsel for respondent no. 1, granted time report about reconciliation. Call on 17.06.2025.

    Judge: Two Members Bench - HKJ(L)+JA(M)

    Stage: FOR HEARING

  • 29APR 2025
    Case called for hearing on 29.04.2025. Counsel for petitioner Ms. Arushi for Saaksha Law Offices and Respondent counsel Ms. Vismaya Simha for Just Law present. Both counsels submit that negotiations took place on 22.04.2025 in BESCOM between the parties on the revised calculation of interest for settlement of claims and the outcome of the same would be placed before the appropriate committee of BESCOM for consideration and approval. Hence, prays for time. Commission heard both the counsels, noted their submissions and granted time. Call on 03.06.2025.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING

  • 8APR 2025
    Case called for hearing on 08.04.2025. Counsel for petitioner Ms. Nandini present on behalf of Sri. Aditya Narayan and counsel for Respondent Ms. Vismaya Simha for Just Law present. Both counsels submit that although, both parties are ready to revise calculation of interest, for settlement of claims as arrived in OP 35, OP 36 & OP 37 of 2003, prays time to negotiate for the same and prays to fix up a date for holding joint meeting in BESCOM. Commission heard both the counsels, noted their submissions and directed both parties to hold joint meeting on 22.04.2025 in BESCOM Corporate Office to chalk out the methodology to calculate interest agreeable to both parties and to submit the report of calculation of interest on or before 29.04.2025. Counsel for the Petitioner to request BESCOM to arrange for a meeting as directed. Call on 29.04.2025.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING

  • 11MAR 2025
    Case called for hearing on 11.03.2025. Counsel for petitioner Ms. Lalia Philip for Saakshya Law Offices and counsel for Respondent Ms. Vismaya Simha for Just Law present. Both counsels submit that as directed in the hearing dated 04.02.2025 correspondence is under way between both the parties on the revised calculation of interest for settlement of claims as arrived in OP 35, OP 36 & OP 37 of 2023 and hence prays for time. Commission heard both the counsels and granted time. Call on 08.04.2025.

    Judge: Single Member Bench - HKJ(L)

    Stage: FOR HEARING

  • 4FEB 2025
    Case called for hearing on 04.02.2025. Counsel for petitioner Ms. Lalia Philip for Saakshya Law Offices present and reiterated once again that the petitioner has agreed and will abide by the decision arrived on the meeting held on 27.11.2024 in respect of OP 35/2023, OP 36/2023 & OP 37/2023. Further, submits that after receipt of minutes of the meeting, prays to file revised calculation sheet for payment of interest. Counsel for Respondent Ms. Vismaya Simha for Just Law present, submits that discussions for negotiation of interest were not held in the present case and hence, prays to seek clarification from the Hon’ble ATE on the calculation of interest in the absence of MTLR. Commission heard both the counsels and noted that during the last hearing date the Respondent prayed time to reply to minutes of meeting since the aforesaid petitions are similar to that of the present petition. Hence, commission once again directed the Respondent to reply to the minutes of the meeting along with revised calculation sheet for settlement of interest as arrived in OP No. 35 to 37/2023 pending before the Commission. Further directed the registry to serve the memo of BESCOM filed in OP No. 35 to 27/2023 today to the respondent so that respondent can take note of the fact that similar set of cases against same respondent is ended in negotiation. Respondent counsel prays time to reply the same. Granted Time. Call on 11.03.2025.

    Judge: Two Members Bench - HKJ(L)+JA(M)

    Stage: FOR HEARING

  • 7JAN 2025
    Case called for hearing on 07.01.2025. Counsel for petitioner Ms. Lalia Philp for Saakshya Law Offices present, submits that in the similar case vide No. OP 35/2023, OP 36/2023 & OP 37/2023, joint discussions were held in BESCOM Corporate Office on 27.11.2024 and arrived for settlement for payment of interest in the absence of MTLR and abide by the said settlement and prays for orders. Counsel for R-1 Ms. Vismaya Simha for Just Law and counsel for R-2 Ms. Stephania Pinto for Precinct Legal present on behalf Sri. Samarth Kashya as proxy. Both Respondent counsels prays time to reply after receipt of Minutes of Meeting. Time granted. Call on 04.02.2025.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING (ON REMAND)

  • 26NOV 2024
    Case called for hearing on 26.11.2024. Counsel Sri. Frederick Paul appeared for petitioner on behalf of Advocate Sri. Aditya Narayan for Saakshya Law present, prays to hold discussion with the Respondent tomorrow (27.11.2024) to negotiate and chalk out the methodology to calculate the rate of interest agreeable to both parties in the absence of MTLR and revert back to commission. Counsel for R-1 Ms. Vismaya Simha for Just Law and counsel Ms. Stephania Pinto for Precinct Legal present for R-2 as proxy. Commission heard petitioner counsel and granted time. Call on 07.01.2025.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING

  • 29OCT 2024
    Case called for hearing on 29.10.2024. Counsel for petitioner Sri. Aditya Narayan and counsel for Respondent Ms. Vismaya Simha for Just Law present. Both counsels made their respective submissions on the method of calculation of interest arrived at MCLR and PLR in the absence of MTLR. Petitioner counsel prays for PLR rates while Respondent counsel agree for MCLR. Commission heard both the counsels and directed them to negotiate the issues among themselves on which rate of interest is feasible in the absence of MTLR and revert back to Commission. Call on 26.11.2024.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING (ON REMAND)

  • 1OCT 2024
    Case called for hearing on 01.10.2024. Counsel for petitioner Ms. Arushi Dube present and prays for payment of interest dues. Counsel for R-1 Ms. Vismaya Simha for Just Law present, submits that they are in the process of collecting certain documents for calculation of interest on delayed payment of bills at MCLR rates and revert back to commission for response. Commission heard the counsel for R-1. Granted Time. Call on 29.10.2024.

    Judge: Two Members Bench - HKJ(L)+JA(M)

    Stage: FOR HEARING (ON REMAND)

  • 17SEP 2024
    Case called for hearing on 17.09.2024. Counsel for petitioner Ms. Lalia Philip for Saakshya Law Advocates present, filed memo dated 17.09.2024 with a copy to Respondent duly furnishing the calculation of interest at PLR and prays to take the same on record. Counsel for R-1 Ms. Vismaya Simha for Just Law present and prays to file response. Commission heard both counsels. Granted time. Call on 01.10.2024.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING (ON REMAND)

  • 3SEP 2024
    Consequent to Appeal filed by the petitioner before the Hon’ble ATE against the order of the Commission dated 28.06.2022 in this petition, the Hon’ble ATE Remanded the Appeal with a direction to the Commission to calculate the amount of interest payable on delayed payment of bills. Accordingly, the case called for hearing on 03.09.2024. Counsel for petitioner Ms. Lalia Philip present, made submissions for payment of interest in terms of Article 6.3 of PPA and prays time to place on record calculation sheet for payment of interest with a copy to the Respondent for response within a weeks’ time. Counsel for R-1 Smt. Sumana Naganad for Just Law present. R-1 to give response within a week. Counsel for R-2 Ms. Sindhu appeared for Sri. Samarth Kashyap and submits that they are only formal party in the instant petition. Commission heard the counsels. For furnishing calculation sheet by petitioner and response by R-1. Call on 17.09.2024.

    Judge: Full Bench - PRK(C)+HKJ(L)+JA(M)

    Stage: FOR HEARING (ON REMAND)