lane project. Thereafter, the assessee company
entered into a Engineering Procurement Contract (EPC) and Operation
and Maintenance (O & M) contract with Gammon India ... Expressway Ltd.
capitalized a sum of ` 226 crore towards EPC charges. Comparing the
EPC contract cost awarded by the assessee to GIL with contract cost
Epc Contracts India Pvt. Ltd. vs Regenesis Technologies India Pvt Ltd. on 27 January, 2020
Bench: Arun Mishra , Indira Banerjee
IN THE SUPREME COURT ... INDIA
CIVIL APPELLATE JURISDICTION
CIVIL APPEAL NO(S). 352/2020
EPC CONTRACTS INDIA PVT. LTD. APPELLANT(S)
VERSUS
REGENESIS TECHNOLOGIES INDIA PVT LTD. RESPONDENT
during the currency of the contract as per Clause 25.4 of the
General Conditions of Contract. The fixed price contract insulated
the project from exchange ... incurred/absorbed by the EPC contractor. However,
the EPC contractor also need certainty in terms of duration of the
contract to incorporate associated risk
disputes
between the parties, as the Arbitration Clause in the EPC contracts
provides for a Singapore seated Arbitration. An objection, that there was
a substantial ... respect
to all the contracts entered into between them. Even the EPC contracts are
interconnected. Most importantly, the OSA contains consolidation clause
23.2.1, which provides
seems that Gammon India expressed its inability to
continue with the EPC Contract and assigned it to GIPL. This
required SSRPL ... substituted EPC contractor) and Techno
Unique (as the continuing EPC sub-contractor). The value of this
EPC sub-contract is Rs. 722 crores. The EPC
authority to do so.
(ii) The total value of the contract under the EPC of
January, 2017, between the respondent no.5 and Madhucon
Projects ... proposal of sub-contracting on 12/10/2018 as per
the EPC contract agreement-clause no.32, it cancels the certificate
dated 5/12/2018
Inviting Tender (NIT), inviting bids for "Engineering
Procurement Construction" (EPC) Contract for 10 MW capacity
Floating Solar Power Project at West Kallada ... Contract for "Ex-works Supply of all Plant and equipments
and materials, specified spares complete in all respect (FIRST
CONTRACT)" for "EPC
Contract dated 4th November, 2005 ("the EPC
Contract") between the Claimant ("the Employer")
and the Defendant ("the Contractor") whereby ... Scotland. This award dealt with enforceability of the
clauses of the EPC Contract which provided for
liquidated damages for delay. The claimant applied
for leave
various counter-parties under the Project
Documents such as PPA and EPC Contracts, after
obtaining the written consent of the parties thereto, if
necessary ... Documents such as Power Purchase Agreements (PPA) and
Equipment Procurement Construction Contracts (EPC
contracts) after obtaining the written consent of the parties
thereto
plaintiff's case is that
plaintiff having been awarded EPC contract by Bengaluru
International Airport Limited for expansion of Bengaluru
International Airport Terminal ... case of plaintiff is that plaintiff
having been awarded EPC contract by Bengaluru
International Airport Limited for expansion of Bengaluru
International Airport Terminal and plaintiff
