( 1 ) THE petitioners have challenged the action of the respondent No. 1 - Gujarat Mineral Development Corporation Ltd. in issuing Letter of Intent dated 11th July 2002 in favour the respondent No. 2 - M/s TRF Limited, for award of the contract for Designing, Engineering, Manufacture, Supply, Transportation, Erection, Testing and Commissioning of 600 TPH Lignite Handling System and 300 TPH Lime Handling System on turnkey basis for its Akrimota Thermal Power Project, and have sought a direction on the respondent No. 1 to disqualify the tender of the respondent No. 2.

( 2 ) THE petitioner No. 1 is a public limited company engaged in the field of design, engineering, manufacture, supply, installation of bulk material handling plants and equipments for power and other industries. The respondent No. 1 invited tenders for their Akrimota Thermal Power Project on 1/03/2001. The tender documents contained details about the scope of work and other instructions and conditions. The last date and time of submission of tender consisting of technical and commercial bid (Part I) was 3/08/2001 upto 14. 00 hrs. Part II consisted of original price bid. 2. 1 after so