Station.
g) The Respondent No. 1 awarded Engineering, Procurement and
Construction (EPC) Contract to SEPCO (Chinese Company) on
28.8.2008. Notice to Proceed (NTP) was issued ... Schedule
Completion Date of the Project in line with the EPC Contract is not
prudent on the ground that the Time Lines of the EPC
observing that such expenditure
mainly pertains to deferred liabilities against EPC contracts and non-
EPC contracts.
16.3 That the Impugned Order contains no justification ... Additional capitalisation mainly involves deferred liabilities of
balance payment against EPC contracts awarded after the
commercial operation but within the scope of the original works
plant. The DRP in
its order has noted features of the EPC contracts as under:
"EPC (also known as "lump-sum-turnkey ... EPC Contracts are divided into two or more separate
contracts "offshore contracts" and "onshore contracts"
In an offshore contract, the contractor
contract or
indicates the break-up of the contract consideration, or
awarded three contracts for convenience of operation. It is
infact one composite Contract ... contract shall be deemed to be a breach of the entire
contract.
CONTRACT PRICE
The total Contract price for the entire scope of this contract
contract or
indicates the break-up of the contract consideration, or
awarded three contracts for convenience of operation. It is
infact one composite Contract ... contract shall be deemed to be a breach of the entire
contract.
CONTRACT PRICE
The total Contract price for the entire scope of this contract
contract or
indicates the break-up of the contract consideration, or
awarded three contracts for convenience of operation. It is
infact one composite Contract ... contract shall be deemed to be a breach of the entire
contract.
CONTRACT PRICE
The total Contract price for the entire scope of this contract
contract or
indicates the break-up of the contract consideration, or
awarded three contracts for convenience of operation. It is
infact one composite Contract ... contract shall be deemed to be a breach of the entire
contract.
CONTRACT PRICE
The total Contract price for the entire scope of this contract
contract or
indicates the break-up of the contract consideration, or
awarded three contracts for convenience of operation. It is
infact one composite Contract ... contract shall be deemed to be a breach of the entire
contract.
CONTRACT PRICE
The total Contract price for the entire scope of this contract
contract or
indicates the break-up of the contract consideration, or
awarded three contracts for convenience of operation. It is
infact one composite Contract ... contract shall be deemed to be a breach of the entire
contract.
CONTRACT PRICE
The total Contract price for the entire scope of this contract
therein'. The Spgl had also referred to items where the Epc contract had varied suggestions / recommendations made by Ntpc in the project. This ... show that Ntfc was aware of the scope of the Epc contract because Ntpc was the Technical Consultant of SPGL. On 20.12.1994 the Spgl wrote
