JEEVAN REDDY, J.

( 1 ) THIS Writ Appeal is preferred by the 1st respondent in W. P. No. 20019/87, against the judgment of the learned single Judge allowing the writ petition. For the sake of convenience we shall refer to the parties with reference to their ranking in the writ petition.

( 2 ) THE petitioner-company, "bhanu Construction Company (Private) Ltd. ", is engaged in the business of fabrication and construction of Transmission Towers, laying of transmission lines, and other similar works. It was awarded three works by the National Thermal Power Corporation Ltd. , (1st respondent in the writ petition and appellant in this Writ Appeal), the particulars whereof are :- (I) laying of transmission line over a length of 220 Kilometers from Cuddapah to Bangalore, valued at Rs. 360 Lakhs awarded on 31-3-1982; (II) laying of transmission line between Cuddapah and Madras (Cuddapah Red Hills), over a length of 110 Kilometers, valued at Rs. 370 Lakhs awarded on 25-7-1983; and (III) laying of transmission line over a length of 220 Kilometers, between Shankargarh and Kanpur, valued at Rs. 598 Lakhs awarded on 7-12-1984. The terms of contract are stated in the award letter which is accompan