(1) An application for determination of tariff under section 62 shall be made by a generating company or licensee in such manner and accompanied by such fee, as may be determined by regulations.
(2) Every applicant shall publish the application, in such abridged form and manner, as may be specified by the Appropriate Commission.
(3) The Appropriate Commission shall, within one hundred and twenty days from receipt of an application under sub-section (1) and after considering all suggestions and objections received from the public,—
(a) issue a tariff order accepting the application with such modifications or such conditions as may be specified in that order;
(b) reject the application for reasons to be recorded in writing if such application is not in accordance with the provisions of this Act and the rules and regulations made thereunder or the provisions of any other law for the time being in force:
Provided that an applicant shall be given a reasonable opportunity of being heard before rejecting his application.
Legal Commentary & Landmark Judgments: Section 64
Section 64 of the Act defines the procedure for tariff orders, prescribing public notice requirements, stakeholder hearing processes, and a strict one-hundred-and-twenty-day statutory timeline for issuing final tariff orders.
Intervenors challenging tariff hikes must file written objections within thirty days of the applicant's newspaper publication under Section 64; this guarantees the legal right to present oral arguments during public hearings.