https://www.taxtmi.com/caselaws?id=468030 A commercial power purchase agreement must be construed according to its plain terms as a whole: where LNG, natural gas and RLNG are treated as primary fuels, a consent requirement tied to liquid fuel arrangements cannot be implied into the RLNG arrangement. The agreement's separate commercial-implication clause does not override the clause governing declared capacity, and fixed capacity charges remain payable on declared capacity irrespective of actual scheduling or off-take. The contract's structure and commercial purpose support preserving generating-station viability during gas shortage, so the appellant remained liable for capacity charges. en-us Thu, 09 Nov 2023 00:00:00 +0530 Tue, 14 Apr 2026 11:24:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468030 A commercial power purchase agreement must be construed according to its plain terms as a whole: where LNG, natural gas and RLNG are treated as primary fuels, a consent requirement tied to liquid fuel arrangements cannot be implied into the RLNG arrangement. The agreement's separate commercial-implication clause does not override the clause governing declared capacity, and fixed capacity charges remain payable on declared capacity irrespective of actual scheduling or off-take. The contract's structure and commercial purpose support preserving generating-station viability during gas shortage, so the appellant remained liable for capacity charges. Case-Laws Indian Laws Thu, 09 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468030