This application has been moved seeking intervention for constitution of the Arbitral Tribunal and for referring the disputes that have cropped up between the parties for resolution to the said Arbitral Tribunal.

The applicant Company is engaged in implementing a 330 MW Hydro Electric Power Project located on the river Alaknanda, at a distance of about 110 kilometers from Rishikesh Rail Head, along with Rishikesh - Badrinath National Highway No.58. The Project aims to utilize a head of around 66m for power generation. The profile of the Project has been described in the bid document in the following manner:

" 330 MW Shrinagar Hydro Electric Project consists of a main Dam with Diversion Tunnel on the left flank of the river Alaknanda and Intake Tunnels on right flank connected to the 2 nos. Head Race Tunnels leading to the Supana Aqueduct discharging into Desilting Basin. The Power Channel takes off from the desilting basin which discharges into the Fore bay which has a provision of Surplus arrangement. The Fore bay is duly connected to the Penstocks leading into the Power House and water gets released into the river through Tail Race Channel with Switch Yard at an elevate