https://www.taxtmi.com/caselaws?id=287981 The Supreme Court reversed the Appellate Tribunal's judgment and upheld the Andhra Pradesh Electricity Regulatory Commission's decision that the term 'natural gas only' in the Power Purchase Agreement did not include Regasified Liquefied Natural Gas (RLNG). The Court emphasized the cost disparity between RLNG and natural gas, the parties' conduct, and the specific language of the agreement in determining that RLNG was not intended to be part of the PPA, highlighting the significance of interpreting commercial agreements based on the parties' intent and contractual terms. en-us Fri, 16 Feb 2018 00:00:00 +0530 Wed, 13 May 2020 09:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287981 The Supreme Court reversed the Appellate Tribunal's judgment and upheld the Andhra Pradesh Electricity Regulatory Commission's decision that the term 'natural gas only' in the Power Purchase Agreement did not include Regasified Liquefied Natural Gas (RLNG). The Court emphasized the cost disparity between RLNG and natural gas, the parties' conduct, and the specific language of the agreement in determining that RLNG was not intended to be part of the PPA, highlighting the significance of interpreting commercial agreements based on the parties' intent and contractual terms. Case-Laws Indian Laws Fri, 16 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287981