Jindal Power Ltd. and anr. Vs. Gujarat Urja Vikas Nigam Ltd. and anr.

Decided On : Sep-24-2007

Court : Gujarat

LAW: the Companies Act, Article 12, MW 2000, Tariff of Rs, Power Purchase Agreement, Paras 24, Paras 2, the Regulations of the Central Electricity Regulatory Commission, the Clause 4.6.4 of R.F.P., Para 6-g

PERSON: M.S. Shah, J.1, R.F.Q., Proposal, Proposal, Bidder, 3.2502 Rs, R.F.Q., Rate, Shri Shanti Bhushan, Shri Shanti Bhushan, Shri Majmudar, Counsel, Shanti Bhushan, Shri Trivedi, Nos, K.S. Nanavati, Mihir Joshi, Nanavati, Mihir Joshi, Mihir Joshi, Kamal Trivedi, R.F.Q., Nos, Aryan Coal Benefication Bid No, Nos, Nos, Nos, Nos, Nos, Nos, Rs, Harin Raval, Raval, Proposal, Paragraphs 4, Nos, Rs, Rajasthan Co-op, Maha Laxmi Mingrate Marketing Service Pvt, AIR1997SC66 .(v, Rajasthan Co-, Seller, G.U.V.N.L., G.U.V.N.L., Aryan Coal Bid, to440, Jindal Power, Nos, Nos, Nos, Nos, Nos, K.S. Nanavati

ORG: M/s. Jindal Power Ltd., P.T.C. India Limited, Gujarat Urja Vikas Nigam Ltd., Corporation, the Letters of Intent, Power Purchase, M/s. Jindal Power Ltd., P.T.C. India Ltd., Power Trading Corporation of India Ltd., Government of India, Public Private Partnership, Gujarat Urja Vikas Nigam Ltd., Gujarat Energy Development Corporation Ltd., Corporation, Gujarat Electricity Board, the State Government, State, R.F.Q., Corporation, MW 2000, Coal/Lignite Unspecified Imported CoalTerm, VeeraSangath, Capacity Capacity, Escalable & Non- Escalable & Non-quoted, P.P.A. P.P.A., Corporation, Corporation, Bank Guarantee of Rs, MW, MW of the Capacity, Bank Guarantee, Scheduled Bank, Banks, Bidders/Bidders, Bank Guarantee, P.P.A., Bank Guarantee, the Bank Guarantee, MW of Contracted Capacity, P.P.A., Bank Guarantee, Bank Guarantee, Scheduled Commercial Operation Date, The Bank Guarantee, Bidder Event of Default, Wherever, Party Power, Rate, EMD Bankin, MW Rs, MW Rs, croresPower Ltd., MW Rs, crores(Ratnagiri)_____________________________________________________________________The Bid Evaluation Committee, Corporation, Party Power, Rate perunit_______________________________________________________________M/s. Adani Enterprises Ltd., MW Rs, MW Rs, India Ltd., the Bid Evaluation Committee, Corporation, Jindal Power, Adani Enterprises, Jindal Power, Corporation, Party Power, MW Rs, s. Jindal Power Ltd., MW Rs, India Ltd., MW Rs, Letter of Intent, MW, MW, Chitarpur Coal & Power Ltd., Corporation, Corporation, the Power Purchase Agreement, Corporation, Jindal Power, Corporation, Corporation, P.P.A., the Office of the Corporation, Jindal Power, Corporation, Adani Enterprises, the Bank Guarantees for Rs, MW, Adani Enterprises, Corporation, Corporation, the Letter of Intent, Jindal Power, the Performance Bank Guarantee of Rs, MW, Letter of Intent, Jindal Power, Corporation, P.P.A., Corporation, Letter of Intent to Adani Enterprises, the Letter of Intent, Jindal Power, Bank Guarantees of Rs, the Petition of M/s. Jindal Powers, Jindal Power, Court, Adani Enterprises Ltd., Civil Application, Jindal Power Ltd., Adani Enterprises Ltd., Court, Adani Enterprises Ltd., M/s Jindal Power Ltd.:Learned Advocate General Shri Trivedi, MW of Power, Jindal Power, Adani Enterprises, Court, Learned Advocate General Shri Trivedi, Civil Application, Adani Enterprises Ltd., Court, Jindal Power:Learned Advocate, the Hon'ble Supreme Court, the Special Leave Petition, the High Court, the Advocate General of the State, the Gujarat High Court, Civil Application, Adani Enterprises Ltd., the Power Purchase Agreement, M/s. Adani Power Pvt. Ltd., Civil Application, Corporation, Power Purchase Agreements, the Letters of Intent, Jindal Power, the Letter of Intent, Jindal Power, the Power Purchase Agreement, the Power Purchase Agreement, the Power Purchase Agreement, the Power Purchase Agreement, the Letters of Intent, the Bank Guarantees for Rs, Jindal Power, Clauses 4.6.3, the Power Purchase Agreement, the Letters of Intent, Corporation, the Power Purchase Agreement, Adani Enterprises, Jindal Power, Corporation, the Power Purchase Agreement, the Power Purchase Agreements, Jindal Power, Corporation, Jindal Power, Corporation, Jindal Power, Corporation, P.P.A., Corporation, P.P.A., Corporation, the Letter of Intent, the Power Purchase Agreement, Jindal Power, Corporation, the Power Purchase Agreement.7.2, the Bank Guarantee to Rs, MW, the Power Purchase Agreement, Bank Guarantees, Jindal Power and Rs, the Bank Guarantee for Rs, Bank Guarantee No, Syndicate Bank, Chitrapur, Jindal Power, State Bank of India, State Bank of India, Bank Guarantee for Jindal Power, Jindal Power, the Bank Guarantee of at least ten, Corporation, Jindal Power, the Bank Guarantee, Corporation, the Letters of Intent, the Bank Guarantees, the Bank Guarantee, the Letter of Intent, Adani Power, Corporation, Adani Enterprises, Adani Power Pvt. Ltd., Letters of Intent, Corporation, Jindal Power, Jindal Power, Bank Guarantee, the Letter of Intent, Corporation, Corporation, P.P.A., P.P.A., P.P.A., Bank Guarantee, P.P.A., P.P.A., Corporation, Bank Guarantee.(4, Corporation, the Hon'ble Court, MW, the Power Purchase Agreement, the Power Purchase Agreement, the Power Purchase Agreement, Advocate General, Corporation, Earnest Money Deposit Bank Guarantee, MW, Bank Guarantee, Bank Guarantee, MW, Earnest Money Deposit Bank Guarantee, MW, the Performance Bank Guarantee, MW, Earnest Money Deposit Bank Guarantee of Rs, MW, Performance Bank Guarantee, MW, MW - Rs, The Earnest Money Deposit Bank Guarantee, the Performance Bank Guarantee, the Performance Bank, the Performance Bank Guarantee, the Power Purchase Agreement, the Power Purchase Agreement, Clauses, the Performance Bank Guarantee, the Power Purchase Agreement, the Performance Bank Guarantee, the Power Purchase, the Power Purchase Agreement, Corporation, the Power Purchase Agreement, R.E.P., the Power Purchase Agreement, the Power Purchase Agreement, the Power Purchase, Vibrant Gujarat Summit, the Power Purchase Agreement with M/s. Adani Power Pvt. Ltd., Corporation, the Power Purchase Agreement, Performance Bank Guarantee, Bank Guarantee for Rs, the Power Purchase Agreement, Corporation, the Letters of Intent, Adani Enterprises, the Performance Bank Guarantee, Performance Bank Guarantee, Corporation, Corporation, LevellisedNo, Adani Power Pvt, Essar Power Ltd., the Power Purchase Agreement, Adani Enterprises, Power Purchase Agreement, the Power Purchase Agreement, the Power Purchase Agreement, Adani Power, the Power Purchase Agreement, Corporation, U.M.P.P., P.P.A., Hon'ble Court, E-1, Adani Enterprises, Corporation, Adani Enterprises, Adani Enterprises/Adani Power, the Power Purchase Agreement, Adani Enterprises, Adani Enterprises, Adani Enterprises, Jindal Power Ltd., MW, Advocate General, Adani Enterprises, the Power Purchase Agreements, P.P.A., Enhanced Bank, MW, MW, Adani Enterprises, the Power Purchase Agreement, Bank Guarantee, the Bank Guarantees, Performance Bank Guarantees, Bank Guarantee for Rs, Performance Bank Guarantee, MW, Clause 4.6, Earnest Money Deposit of Rs, MW, Bank Guarantee, Bank Guarantees of Rs, Jindal Power, the Letters of Intent, Bank Guarantee or, Performance Bank Guarantee, MW, the Enhanced Bank Guarantee, the Bank Guarantee to Rs, MW, P.P.A., the Power Purchase Agreement, the Power Purchase Agreement, the Letter of Intent, P.P.A., Bank Guarantee, The Bank Guarantee, the Power Purchase Agreement, P.P.A., Corporation, Corporation, Bank Guarantee, Corporation, Corporation, P.P.A., Corporation, P.P.A., Corporation, Corporation, MW, MW, Corporation, Corporation, the Letters of Intent, Clause 4.6, the Letters of Intent, the Power Purchase Agreement, Corporation, Jindal Power, Corporation, Jindal Power, P.P.A., the Letter of Intent, P.P.A., Adani Lnterprises Ltd., Adani Power Pvt. Ltd., the Power Purchase, Bank Guarantee, the Power Purchase Agreement, the Bank Guarantee, MW, M/s. Jindal Power Ltd., Bank Guarantee of Rs, Bank Guarantee of Rs, MW, Chitrapur, Bank Guarantee of Rs, MW, Ratnagiri, the Bank Guarantees, Performance Bank Guarantee, MW, P.T.C. India Ltd., Chitrapur, The Performance Bank Guarantee of Rs, MW, Ratnagiri, P.T.C. India Ltd., P.P.A.18, Clause 4.6, Bank Guarantee, petition,-The, the Letter of Intent, the Vibrant Gujarat Summit, the Power Purchase Agreement, the Vibrant Gujarat Summit, Performance Bank Guarantee, Bank Guarantee, P.P.A.19, Court, Adani Enterprises Ltd., Adani Power Pvt. Ltd., the Letters of Intent, the State of Gujarat, MW, State, the Adani Enterprises Ltd., Adani Enterprises Ltd., Power Purchase Agreements.20, the Performance Bank Guarantee of Rs, MW, Bank Guarantee, the Letter of Intent, P.P.A., the Bank Guarantee, Corporation, the Letter of Intent, Global Energy Ltd., Adani Exports Ltd., W.B. State Electricity Board, Patel Engineering Co., Monarch Infrastructure, Ulhasnagar Municipal Corporation, Dairy Federation Ltd., K.S.R.T. Corporation, Bangalore AIR 1992, MW, M/s. Adani Enterprises Ltd., MW, the Bank Guarantee, the Letter of Intent, Bank Guarantees, MW, Corporation, P.P.A., Bank Guarantees, Global Energy, the High Court, the Supreme Court, W.B. Slate Electricity Board, Palel Engineering, the Apex Court, the High Court, The Apex Court, Monarch Infrastructure, the Apex Court, E.M.D., Dairy Federation Ltd., the Letter of Intent, supplying-(i, Bank Guarantee of Rs, The Apex Court, Performance Bank Guarantee, Banker's Certificate, Jindal Power, the Letter of Intent, Cancellation of Letter of Intent, Clauses 4.6.3, Bank Guarantee, Letter of Intent, M/s. Adani Enterprises Ltd., Bank Guarantee, P.P.A.M/s. Jindal Power Ltd., P.P.A. However, Bank Guarantee, M/s. Jindal Power Ltd., the Enhanced Bank Guarantee, L.O.I, M/s. Jindal Power Ltd., Bank Guarantee, M/s. Jindal Power Ltd., MW Rs, Adani Power Bid, Essar Power Ltd., Adani Power Bid, PTC India Ltd., LOI6, M/s. Adani Power Ltd., MW, P.P.A., MW, Court, M/s. Jindal Power Ltd., Corporation, P.P.A., M/s. Adani Power Pvt. Ltd., MW, the Letter of Intent, MW, MW, P.T.C. India Ltd., M/s. Jindal Power Ltd., K.S.K. Energy Ltd., MW, Table, M/s. Adani Power Pvt, P.T.C. India Ltd., P.P.A., MW, P.P.A., P.P.A., Corporation, Court, Court, M/s. Adani Power Pvt. Ltd., Adani, Adani, Court, the Adani Group of Industries, Advocate General, Court, the Hon'ble Supreme Court, P.T.C. India Ltd., Jindal Power, the Letter of Intent, Jindal Power, the Power Purchase Agreement, P.T.C. India Ltd., P.P.A., M/s. Jindal Power Ltd., MW, M/s. Jindal Power Ltd.

CARDINAL: 12, 7, 2, three, 1, 2, 3, 60, 2, 3, 2, 60, 26-6-2006, 5, 5, 30, 7.5, 500, 25.0, 150, 7.5, 9.5, 12.5, 1, three, 1000, 150, 3.2483P.T.C., 190, 3.2497, 3.2483.2.8, 3.2483, three, 1:______________________________________________________________________Name, 2)M, 150, 3.2483P.T.C., 440, 190, 380, 22-12-2006, 28, three, 1, 6-1-2007, 7.50, 75, 1000, 1, 3.2483, 2-89, 7.5, 12, 2-89, 7.5, 22, 22, 24, 2007.3.2, 2, 2, 1:-, 1, 150, 2, 2, 1, 2.(Emphasis, 5, 7, 22, 1, 440, 2007.(Emphasis, 26, 1, 26, 2, 3, 6, 1, 2-89, 22-8-2007, 2006.6, 12, 3.2483, 1, 2-89, 440, 2-89, 12, 7.50, 22, 4.6.5, 28, 1, 28, 17, 18/22-12, 18/22-12-2006, 22-12-2006, 1, 7.5, 11-25, 14, 18-75, 33, 14.25, 5, 1, 14.25, 190, 11-6-2007, 4.6.5, 18/22-12, 18/22-12-2006, 6-1-2007, 6-1-2007, 6-1-2007, 6-1-2007, 2, 1, 3, three, 3.2483, 3.2483, 2-89, 11, 12, 440, 2-89, 5, 7.5, 5, 7.5, 22, 5, 440, 33, 7.5, 190, 14.25, 7.5, 250, 18.75, 18.75, 33, 12, 11, 4.2.2.1, 2, 3, 4, 75, 2, 3, 2 200, 3, 2, 2.353, 3, 2, 3, 3, 2-89, 1, 2-89, 2, 3, 1, 1, 2, 3, 2, 3, 1, 2, 3, 1, 3, 2, 2-35, 2, 1, 2-89, 2, 1.11.2, 2, 3, 2-89, 1, 22-8-2007, 2, 358.36, 2, 322.01, 5-31, 5, 2-89, 2-89, 2, 36.35, 2, 322.01, 22-8-2007, 100, 3.2483, 5, 2-89, 3, 3, 1, three, 1, 2.8, three, 2-89, two, two, 14.25, 5, 190, 5, 7.5, 22, 7.5, 7.5, three, three, 1, 1, 8, three, two, three, 1, 22-12-2006, 28, three, 2, 3, 7.5, 10.75, 14.25, 190, 18.75, 250, 5, 14-25, 7.5, 190, 18.75, 250, two, 19-2-2007, 12, 19-2-2007, 20-4-2007, 5, 12, 12, 6-1-2007, 11, 2, 1, 3-24, 2-89, 3-24, 2-89, 1, 2000, 2, 5-31, 5, 322, 358, 3-24, 2-89, 7.5, 8-12, 2006.21, 2, 451, only one, 1, 100, three, two, 7.5, three, 1, 1.70, 1, 16, 1-6-1990, 1, 12-6-1990, 15, 1, 1, 1, 1, 1.(Emphasis, 5, 14.25, 4.6.4, 1)In, 1, 2, 3, 200, 2Pvt, 3, 3, 26, 1, 3, 2, 190, 150, 1_______________________________________________________________________________The, 22-8-2007, 3, 1000, 2-35, 2, 4, 5, 2, 1000, 1, 2-89, 24, 2, 3, 1, 2, 3, 1, 2, 3, 1, 2, 3, three, 1000, 2-89, 3-24, 2-89, 440, 2-89, 590, 2.89, 1195/-, 2-20, 909, 286, 7150, 3, 2-89, 2-89, 286, 484, 7150, three, 3, 2-89, 5, 2, 322, 440, 2-89, 30, 2-89, 1, 2, 3, 2-89, 1, 5-31, 5, 322.01, 36.35, 22, 26, 1, 440, 2-89, 3-24, 2-89, 2-89, 1, 2-89, 2-89, 1, 100, 3.2483, 16-6-2008, 30-8-2007, 16-6-2008

ORDINAL: first, first, first, first, first, first, 9th, third, 9th, third, third, 6th, second, third, second, third, second, third, first, first, first, Secondly, Fourthly, first, first, third, fourth, fourth, fourth, Secondly, second, 5th, third, third, third, third, third, second, second, third, second, third, third, third, third

DATE: 8-12-2006, 2007, 1956, 2000, 25 years 15/25/35 years 25, 25 years, 36 months, 60 months, 48 months, thirty) days, 30 days, six months, 30 days, 9-11-2006, 1590, 7-12-2006, 8-12-2006, 190+250, 1590, the same day, 11-12-2006, 18-12-2006, the same day, 30 days, 2186, 2007, February, 2007, today, February, 2007, 2007, February, 2007, 2007.Put, 19th February, February, an early date, six months, 2007, April, 8-12-2006, 8-12-2006, 8-12-2006, 4.6.1, 30 days, 8-12-2006, 11-12-2006, the month of December, 2006, 18-12-2006, 2006, 22-12-2006, 11th of January, 2007, 12th January, 2007, a week, 18-12-2006, 22-12-2006, 8-12-2006, 8-12-2006, 30 days, the 30 day, 3-9-2007, 25 years, three years, March, 2010, September, 2007, three years, 4.6.1, 14.25 + Rs, 30 days, 8-12-2006, 2.2.3, 8-12-2006, 30 days, 1000, 36 months, 60 months, 25 years, October, 2006, August, 2007, October, 2006, October, 2006 to August, 2007, 30-8-2007, a period of, 7 years, 16th June, 2000, the last many years, 30 days, 30 days, 8-12-2006, 30 days, 30 days, 30 days, 30 days, 30 days, 1590, 8-12-2006, 11-12-2006, 18-12-2006, 30 days, 15 days, the 30th day, 30 days, Para 17, 11th of January, 2007, 12th January, 2007, 28th and 30th October, 2006, 20-4-2007, 1590, October, 2006, October, 2006 to August, 2007, 30 days, 30 days, 2001, 94, 5).22, 2000, 1590, 30 days, September, 2007, 30 days, 30 days, the past year, 8-12-2006, 30 days, Jan., 2007, 1000 2-35 ' 2-2-2007Pvt, 1000 3-24 Reduced 6-2-2007Pvt, 2-89, Para 4(1, Para 2.3, 36 months, 60 months, 25 years, 8-12-2006, 18-8-2007, 25 years, 25 years Rs, 12118, 18-8-2007, the relevant years, 25 years, February, 2010, the last eleven months, September, 2007, September, 2007, March, 2010, 25 years, three years, September, 2007, 30 months, the period of eight months, the last nine months, October, 2006, October, 2006 to August, 2007, 8-12-2006, one month, 2186, 2007, a period of, seven years, at least three months

GPE: Spl, Spl, the State of Gujarat, P.P.A, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, India, Ahmedabad, India, India, India, New Delhi, India, Counsel, India, India, India, Counsel, India, L.O.I., India, India, India, E-2, India, India, Annexures, Civil, India, India, India, India, India, India, Ahmedabad, India, Paragraph, India, India, under:(g, India, India, P.T.C., India, India, India, India, India, India, Counsel

PRODUCT: Variable, Bidder, Bidder, Bidder, Bidder, Bidder, MWall, Para 2.5, under:.The, Annexure-A1, Para 16):Considering

NORP: Lakhs, Adanis, Adanis, Adanis, Adanis, Adanis, Adanis, Adanis, Adanis, Adanis, Rules, Paras

FAC: Request, 2007.4.3, Notice, Ievellized

TIME: 8-1-2007, 10-1-2007, 8-1-2007, 10-1-2007, 8-1-2007, 3-1-2007, 6-1-2007, 6-1-2007, 8-1-2007, 6-2-2007, 8-1-2007, 8-12-2006.15.2, 30-12-2006, 6-1-2007, 8-1-2007, 8-1-2007, 8-1-2007, 6-1-2007, 8-1-2007, 8-1-2007, 8-1-2007, 8-1-2007

WORK_OF_ART: a Letter of Intent to third party, Shri Nandish Chudgar, E1' and 'E2', Commencement of Supply of Power -, Petitioners With RespondentNo, the Civil Applications

QUANTITY: 6-2-2007.3.3, 6-2-2007, 6-2-2007, 6-1-2007, 6-1-2007, 6-1-2007, 6-2-2007, 6-2-2007, 6-2-2007, 6-2-2007, 20-2-2007, 6-1-2007, 26-2-2007Benefication, 6-2-2007, 6-2-2007, 20-2-2007, 6-2-2007, 6-2-2007

LOC: R.F.P., R.F.P., Paragraph 16

PERCENT: 90%, 1 %, 90%

EVENT: Para 15