VOL. XLIV

No. 03

15-January-2001

UAE/OMAN

Enron To Lower Dabhol Electricity Tariffs, But Controversy Surrounds Phase II Of Project

The Dabhol Power Corporation (DPC), which is owned by Enron (65%) General Electric (10%) both of the US and the Maharashtra State Electricity Board (MSEB 10%), announced on 5 January that from February it will lower tariffs on the electricity it produces in the state in an attempt to deflect criticism that its charges are excessive. Controversy over the tariffs in...