T. N. C. RANGA RAJAN, J.

( 1 ) THIS writ petition is directed against the award of Letter of Intent to the 4th respondent for the execution of 400 KV Transmission Lines under Srisailam left Bank Power House Transmission Scheme.

( 2 ) ). Facts:- the Government of India (hereinafter referred to as the borrower ) entered into a loan agreement No. IDP-85 dated 21-12-1992 with Overseas Economic co-operation Fund (hereinafter referred to as the fund ) for obtaining funds for the implementation of the Srisailam Power Transmission System Project. The use of the proceeds of loan was given in Section 2 as follows:- "section 2 : Use of Proceeds of Loan (1) The Borrower shall cause the proceeds of the Loan to be used for the purchase of eligible goods and services necessary for the implementation of the Project from Suppliers, Contractors or consultants (hereinafter collectively referred to as "the Supplier (s)") of the eligible source countries described in Schedule 4 attached hereto (hereinafter referred to as "the Eligible Source Country (ies)") in accordance with the allocation described in Schedule 2 attached hereto. " the other terms and conditions were set-forth in the Fund s general t

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