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JUDGMENT

N.SENTHILKUMAR, J.

Aggrieved by the order of the learned single Judge passed in O.P. No.103 of 2010 dated 11.02.2022, the present appeal has been filed. The petitioner in the Original Petition is the appellant herein. The respondents therein are the respondents in this appeal.

2.The brief facts, which led to the filing of the original petition are as under:

(i) The appellant is a statutory body established under the Electricity (Supply) Act, 1948 for the averred purpose of generating electricity by putting up various generating stations and transmit electricity through various transmission lines to the end users. The appellant had invited tenders for supply of various types of disc insulators numbering 1.6 lakh pieces under Specification No.T.563 ADB Contract. Based on the above tender notification, the first respondent had submitted its tender on 17.12.1994. After evaluating the bid submitted by the first respondent, a letter of award was issued by the appellant on 29.09.1995 for a total value of Rs.269 Lakhs. Based on the said letter of award, an agreement was entered into between the appellant and the first respondent on 17.10.1995.

(ii) The appellant had claimed that the f