direction to
declare that PPA dated 09.07.2010 has become null and void and
also to treat the PPA as validly terminated by the petitioner-
Company ... respondent Power Company is arbitrary in not treating the PPA
terminated in view of the notice/communication of the petitioner
Company contained in Annexure
stated that
should the Respondent No.2 intend to terminate the PPA, then the
same could only be done through specific clause of the PPA ... powers under Article 14.3.5 of the
PPA, the Appellant No. 1 terminated the PPA and called upon the
Respondent No. 2 to pay compensation/damages
certain
disputes arose in relation to the PPA and the Appellant terminated the
PPA vide letter dated 14.01.2008 addressed to the Respondent ... arose in relation to the
PPA and the Respondent no.3 terminate the PPA with the Appellant vide
letter dated 14.01.2008 and thereafter and consequently
Chhattisgarh. During the pendency of the above petitions
KPL unilaterally terminated the PPA vide its letter dated 11.01.2011.
8.6 On 12.01.2011, KPL entered into ... termination of the PPA as illegal, PTC invoked the arbitration clause
in the PPA challenging the termination of the PPA by KPL.
Subsequently, this Tribunal
towards terminating
the PPA."
17. Separately, SECI submitted that vide letter dated 08.05.2017, it has
informed Avaada that PPA stands terminated after the expiry ... PPA, the PPA
capacity shall stand reduced / amended to the Project
Capacity Commissioned and the PPA for the balance
Capacity will stand terminated and shall
draft PPA does not incorporate a number of details and
therefore the PPA may be recast and initialled draft PPA by
both the parties ... agreed to an "Exit option" to
either party to terminate the PPA in case the tariff determined by
the State Commission
applicant due to the reasons and was constrained to
terminate the PPA on account of the force majeure event that the
respondent ... operation and the respondent No.1 has no choice but to
terminate the PPA with the petitioner. By virtue of the exparte
interim order obtained
plant situated at Davangere on 17.1.2002.
(b) The KPTCL on 5.7.2003 terminated the PPA
between the Appellant and KPTCL without assigning
any reason. Therefore ... PPA, the PPA was to be in force
for a period of 20 years. The PPA was dated 17.1.2002.
Under the said PPA, the Generating
State Commission on
18.10.2011 praying for the declaration that the PPA
stood terminated and consequently seeking for a
direction to the Distribution Licensee and other ... PPA rate, even
though the PPA entered into between the parties on
2.8.2006 has already been terminated by the termination
notice issued by the Appellant
amend the tariff under the
PPA. Lastly, it is contended that since in the instant case PPA was
terminated on the ground that the Corporate ... maximum period of six months, the PPA will revive. Clause 17.1
provides that the PPA may be terminated by either of the parties only
