Radhey Shyam vs State Of U.P. & Ors

The Supreme Court addressed the dispute between Mangalore Electricity Supply Company Ltd. (MESCOM) and AMR Power Private Limited regarding the Power Purchase Agreement (PPA) dated 02.08.2006. The Court held that the PPA was valid and enforceable, emphasizing the obligations of both parties under Articles 6 and 9 of the agreement, particularly concerning payment defaults and termination procedures. The Court ruled in favor of MESCOM, affirming the validity of the PPA and dismissing the claims of AMR Power for declaring the agreement null and void.