Supreme Court of India
Transmission Corporation of Andhra Pradesh Ltd. and Others v. M/s. Gmr Vemagiri Power Generation Ltd. and Another
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From the headnote
Contract – Power Purchase Agreement (PPA) – Interpretation of – Predecessor of the appellant, the Andhra Prade sh State Electricity Board, in 1995 invited bids for establishing short gestation gas/Naphtha/fuel oil based power stations – Respond ent was a successful bidder and had set up a power generation plant – Pursuant to the same, a PPA was executed between the p arties on 31.03.1997 under which Naphtha was the primary fuel and gas an alternate fuel – In 2003, PPA was amended making gas the pri mary fuel and Naphtha an alternate fuel – The PPA underw ent further amendment in 2007,
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