$~62 * IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010384342026 + W.P.(C) 11941/2026 & CM APPL. 55325/2026, CM APPL. 55326/2026, CM APPL. 55327/2026 SPRNG VAYU VIDYUT PRIVATE LIMITED .....Petitioner Through: Mr. Dayan Krishnan, Senior Advocate and Mr. Ashish Dholakia, Senior Advocate with Mr. Deep Rao Palepu, Mr. Karthikeyan Murugan and Mr. Prajeet Ghosh, Advocates Mr. Sukrit Seth, Ms. Radhika Yadav and Mr. Subhoday Banerjee, Advocates versus CENTRAL TRANSMISSION UTILITY OF INDIA LIMITED & ORS. .....Respondents Through: Mr. Saurabh Arya, Ms. Pallavi Saigal and Mr. Harsha Parakh, Advocates for R-1 Mr. Abhyudaya Shishodia, Advocate for R-2 CORAM: HON'BLE MR. JUSTICE AMIT BANSAL O R D E R % 18.08.2026 CM APPL. 55326/2026 (exemption) CM APPL. 55327/2026 (seeking permission for filing lengthy synopsis and list of dates) W.P.(C) 11941/2026 Page 1 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30 1. Allowed, subject to all just exceptions. W.P.(C) 11941/2026 CM APPL. 55325/2026 (seeking interim relief) 2. The present petition has been filed seeking the following reliefs:-W.P.(C) 11941/2026 Page 2 of 5 This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30 3. Brief facts necessary for deciding the present petition are as follows: 3.1. The petitioner is a “generator company” within the meaning of Section 2(28) of the Electricity Act, 2003 and is engaged in the development of renewable energy generating stations. 3.2. The petitioner had made an application on 17th April, 2023 to the respondent no.1/Central Transmission Utility of India Ltd. (“CTUIL”) for the grant of 100 MW connectivity in respect of its proposed wind power project at Dhar, Madhya Pradesh. 3.3. The respondent no.1/CTUIL granted connectivity in favour of the petitioner vide communication dated 11th March, 2024. In terms of the prevalent advisory, at the relevant point of time, the project cost in respect of the wind power project was fixed at Rs.7 crore per MW of electricity generated, which was required to be achieved by the petitioner as part of the Financial Closure, the prescribed date for which was 30th June, 2026. W.P.(C) 11941/2026 Page 3 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30

3.4. On 10th April, 2026, the aforesaid threshold was increased from Rs.7 crore per MW to Rs.8 crore per MW for purposes of connectivity. 3.5. The petitioner achieved Financial Closure on the basis of Rs.7 crore per MW and this was communicated to the respondent no.1/CTUIL vide email dated 7th May, 2026. However, the same was not acceptable to the respondent no.1/CTUIL on account of the increase in threshold from Rs.7 crore to Rs.8 crore. 3.6. Ultimately, the impugned communication dated 14th August, 2026 was issued by the respondent no.1/CTUIL threatening to revoke the connectivity and invoke the bank guarantees furnished by the petitioner. 4. Aggrieved by the aforesaid, the present writ petition has been filed. 5. Without prejudice to the rights and contentions of the petitioner, it is submitted that the petitioner is willing to comply with the current threshold of Rs.8 crore per MW to achieve financial closure and suitable time may be given for the same. 6. Mr. Dayan Krishnan, senior counsel appearing on behalf of the petitioner, submits that the petitioner is in the process of filing a statutory petition before the respondent no.2/Central Electricity Regulatory Commission (“CERC”) and that one (1) week’s time be given for the same. 7. The Court is informed that the sitting of the CERC is scheduled on 27th August, 2026. 8. Issue Notice. 9. Notice is accepted by counsel appearing on behalf of the respondent no.1/CTUIL and the respondent no.2/CERC.

10. Considering the aforesaid submissions, it is directed that status quo shall be maintained till the time the interim application filed by the W.P.(C) 11941/2026 Page 4 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30 petitioner is considered by the respondent no.2/CERC. 11. The respondent no.2/CERC shall decide the interim application uninfluenced by the observations made by this Court. 12. Needless to state, this Court has not expressed any observation with regard to the merits of the case. AMIT BANSAL, J AUGUST 18, 2026 ds W.P.(C) 11941/2026 Page 5 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30

$~62 * IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010384342026 + W.P.(C) 11941/2026 & CM APPL. 55325/2026, CM APPL. 55326/2026, CM APPL. 55327/2026 SPRNG VAYU VIDYUT PRIVATE LIMITED .....Petitioner Through: Mr. Dayan Krishnan, Senior Advocate and Mr. Ashish Dholakia, Senior Advocate with Mr. Deep Rao Palepu, Mr. Karthikeyan Murugan and Mr. Prajeet Ghosh, Advocates Mr. Sukrit Seth, Ms. Radhika Yadav and Mr. Subhoday Banerjee, Advocates versus CENTRAL TRANSMISSION UTILITY OF INDIA LIMITED & ORS. .....Respondents Through: Mr. Saurabh Arya, Ms. Pallavi Saigal and Mr. Harsha Parakh, Advocates for R-1 Mr. Abhyudaya Shishodia, Advocate for R-2 CORAM: HON'BLE MR. JUSTICE AMIT BANSAL O R D E R % 18.08.2026 CM APPL. 55326/2026 (exemption) CM APPL. 55327/2026 (seeking permission for filing lengthy synopsis and list of dates) W.P.(C) 11941/2026 Page 1 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30 1. Allowed, subject to all just exceptions. W.P.(C) 11941/2026 CM APPL. 55325/2026 (seeking interim relief) 2. The present petition has been filed seeking the following reliefs:-W.P.(C) 11941/2026 Page 2 of 5 This is a digitally signed order.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30 3. Brief facts necessary for deciding the present petition are as follows: 3.1. The petitioner is a “generator company” within the meaning of Section 2(28) of the Electricity Act, 2003 and is engaged in the development of renewable energy generating stations. 3.2. The petitioner had made an application on 17th April, 2023 to the respondent no.1/Central Transmission Utility of India Ltd. (“CTUIL”) for the grant of 100 MW connectivity in respect of its proposed wind power project at Dhar, Madhya Pradesh. 3.3. The respondent no.1/CTUIL granted connectivity in favour of the petitioner vide communication dated 11th March, 2024. In terms of the prevalent advisory, at the relevant point of time, the project cost in respect of the wind power project was fixed at Rs.7 crore per MW of electricity generated, which was required to be achieved by the petitioner as part of the Financial Closure, the prescribed date for which was 30th June, 2026. W.P.(C) 11941/2026 Page 3 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30

3.4. On 10th April, 2026, the aforesaid threshold was increased from Rs.7 crore per MW to Rs.8 crore per MW for purposes of connectivity. 3.5. The petitioner achieved Financial Closure on the basis of Rs.7 crore per MW and this was communicated to the respondent no.1/CTUIL vide email dated 7th May, 2026. However, the same was not acceptable to the respondent no.1/CTUIL on account of the increase in threshold from Rs.7 crore to Rs.8 crore. 3.6. Ultimately, the impugned communication dated 14th August, 2026 was issued by the respondent no.1/CTUIL threatening to revoke the connectivity and invoke the bank guarantees furnished by the petitioner. 4. Aggrieved by the aforesaid, the present writ petition has been filed. 5. Without prejudice to the rights and contentions of the petitioner, it is submitted that the petitioner is willing to comply with the current threshold of Rs.8 crore per MW to achieve financial closure and suitable time may be given for the same. 6. Mr. Dayan Krishnan, senior counsel appearing on behalf of the petitioner, submits that the petitioner is in the process of filing a statutory petition before the respondent no.2/Central Electricity Regulatory Commission (“CERC”) and that one (1) week’s time be given for the same. 7. The Court is informed that the sitting of the CERC is scheduled on 27th August, 2026. 8. Issue Notice. 9. Notice is accepted by counsel appearing on behalf of the respondent no.1/CTUIL and the respondent no.2/CERC.

10. Considering the aforesaid submissions, it is directed that status quo shall be maintained till the time the interim application filed by the W.P.(C) 11941/2026 Page 4 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30 petitioner is considered by the respondent no.2/CERC. 11. The respondent no.2/CERC shall decide the interim application uninfluenced by the observations made by this Court. 12. Needless to state, this Court has not expressed any observation with regard to the merits of the case. AMIT BANSAL, J AUGUST 18, 2026 ds W.P.(C) 11941/2026 Page 5 of 5 This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 20/08/2026 at 11:30:30