Power Purchase Agreement (PPA) entered into
between the assessee and ASEB. Clause 3 of PPA deals with the tariff of
supply of power ... cost per month shall be calculated based on
gross generation at generator terminals, landed cost of the fuel
6 ITA No.4463/Del./2009
amount by which the tax on the to ta l income de termine d o n
the basis of such orde r e xceeds ... mission may, with a view to
rectifying any m istake a ppa rent fro m the record, ame nd any or der
passed
amount by which the tax on the to ta l income de termine d o n
the basis of such orde r e xceeds ... mission may, with a view to
rectifying any m istake a ppa rent fro m the record, ame nd any or der
passed
2011
2. 12MW 31/12/2011 30/09/2011
7.1 This PPA agreement contained a clause for liquidated damages for
delay in commissioning ... more than 1 year, GUVNL
assumes no obligation and has right to terminate the Power
Purchase Agreement by giving 1 month Termination note