contained in the aforesaid PPA, terminated the PPA vide its letter
dated 11.01.2011. The PPA was terminated after the Order on the Petition filed ... invoked the Arbitration Clause in the terminated
PPA and commenced arbitration. The said arbitration proceedings are pending.
N. This Tribunal passed its final order
PPA. In the light of the
abovesaid provisions of the PPA, the appellant by order dated
11.08.2017 terminated the PPA and imposed a penalty ... case of delay of more than 9 months, MPPMCL
shall terminate PPA and release balance amount of
CPG.
10. Since respondent No.1 was unable
either extend the time for fulfilment of conditions precedent or
to terminate the PPA. Further, the State Commission has also held
that the re-fixed ... choose to terminate the agreement as
per the provisions of Article 16."
Therefore, the Respondent may consider to terminate the
PPA under Article
upon the
first Respondent to cure the Construction Defaults and to terminate the
PPA. Taking all relevant facts into consideration and also judgment ... upon the first Respondent to cure the
construction defaults and to terminate the PPA. Therefore, he submitted
that, analysis of the clause of the PPA
ORDER DATED 29.5.2017 AT ANNEXURE-N PASSED BY THE
RESPONDENT-2 TERMINATING PPA AS NULL AND VOID;
THIS WRIT PETITION COMING ON FOR ORDERS THIS
proceeded with, the
KPTCL would sustain loss of the power by
terminating the PPA with them. Therefore, the
purpose of the MOU entered into with ... defendant, whereby, the plaintiff-Company
was said to be appointed to terminate the PPA with
the KPTCL/CESCO with minimum cost an entering
into
granted
by the GUVNL even though the GUVNL was entitled to
terminate the PPA due to delay beyond one year from SCOD?
B. Taxus
right in dealing with the aspect that Lanco
was entitled to terminate the PPA and enforce compulsory buyout of the plant
by the Appellant when
State Commission. Upon
delivery of the Termination Notice, the PPA shall
stand terminated.
Xxx xxx xxx
12.13 Admittedly, no notice to remedy the
default ... days granted by the Appellate Tribunal, the
appellant purported to terminate the PPA. The letter of
11.05.2012 specifically referred to and relied upon the notice
dated: 29.8.2016 vide Annexure-K
issued by the respondent no.2 terminating the PPA agreement dated: 3.3.2016
entered into between petitioner and respondent
