context of this case, certain provisions of the Power
Purchase Agreement (hereinafter referred to as “the PPA”)
dated 30.4.2010 between the parties are also relevant ... evacuation of power by Schedule Commercial
Operation Date.
2.4. All other terms and conditions including tariff of
Power Purchase Agreement dated 30th April 2010
between
rate agreed upon by the parties to the
Power Purchase Agreements. The Power Purchase Agreements stipulate
that LPS for delay in payment of bills ... Stage 1 Power Purchase Agreement, and Article 8.3.5 of the Stage 2
Power Purchase Agreement have been set out earlier in this Judgment
Power Purchase
Agreement.
9. Section 86 (1)(b) of the Act provides the powers to the State
Commission to approve the Power Purchase Agreement
entered ... Commission while approving
the Power Purchase Agreement and while making inclusion
of the generating projects in such power purchase
agreement, shall keep in mind
Himachal Pradesh.
(b) Pursuant to the said Implementation Agreement dated
1.10.1992, a Power Purchase Agreement (PPA) was
executed between the Jai Prakash Power ... gives
precedence to the bilateral agreements between
the State Government and the generating
company and to power purchase agreements.
Where a PPA has been approved
Power Purchase Agreement dated 16.1.2004 is
valid and according to law?
b) Whether the KPTCL had competency to enter into any Power
Purchase Agreement ... respect of the agreement dated 16.1.2004.
For, if the Power Purchase Agreement, as alleged by the appellant, is
found to be not valid allegedly because
power purchase agreement dated 29.1.2008. No doubt, the
provision of Section 86 (1) (b) permits execution of power purchase
agreement between the licensee for distribution ... date of the Concession Agreement the
power purchase agreement was executed. The power purchase
agreement also provides that GUVNL shall pay the tariff determined
making payments
towards its dues under the Power Purchase
Agreement. As per the Power Purchase
Agreement, the Electricity Board has to pay
from the entire ... structure of the Power Purchase
Agreement is such that it lends to least amount of
disputes. Hence, the Power Purchase Agreement
could not have contemplated
subject to the amendments to the Power Sale Agreements
(PSAs) / Power Purchase Agreements (PPAs) respectively
suggested by Sri M. Venugopala Rao and Sri A. Punna ... with
law, order incorporation of any amendments in the Power Sale
Agreements (PSAs) / Power Purchase Agreements (PPAs)
respectively considered relevant and necessary by the
Commission
learned Single
Judge further held that Clause 13.3 of the Power Purchase Agreement
dated 21st March, 2006 is not a negative covenant and since ... appellant is a
trading company of electricity which entered into a Power Purchase
Agreement (hereinafter referred to as PPA) dated 21st March, 2006 for
purchase
Fuel Supply Agreement and,
therefore, be relieved of its obligations to supply
power to the Petitioner under the said Power
Purchase Agreement?
6. The findings ... Seller has
obligation to provide the Fuel Supply Agreement only
after execution of the Power Purchase Agreement
within the specified period as per the Article
